Preparation for Adoption of the Revenue Recognition Standard
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2022-Q1.
14 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition and the Implementation Guidance on the Accounting Standard for Revenue Recognition from the beginning of the first quarter of the current fiscal year, and now recognizes revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services is transferred to the customer.」
The revenue recognition accounting standards and other relevant standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied in practice, changing the revenue recognition method. The impact on the consolidated financial statements was deemed immaterial. - FY2021AdvancedAnnual report
「The Company will apply the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the fiscal year ending March 2022. The impact of applying the Accounting Standard for Revenue Recognition and other relevant standards on the consolidated financial statements is immaterial for net sales, cost of sales, operating profit, ordinary profit and profit before income taxes.」
The planned application from the beginning of the fiscal year ending March 2022 was reconfirmed, and the impact on the consolidated financial statements was assessed as immaterial. - FY2020RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022.」
The plan to apply the revenue recognition accounting standards and other relevant standards from the beginning of the fiscal year ending March 2022 was reiterated. - FY2019-Q1RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022.」
The plan to apply the revenue recognition accounting standards and other relevant standards from the beginning of the fiscal year ending March 2022 was reiterated. - FY2018First statedAnnual report
「The Accounting Standard for Revenue Recognition and related standards will be applied from the beginning of the fiscal year ending March 2022.」
The planned application of the new revenue recognition accounting standards and other relevant standards from the beginning of the fiscal year ending March 2022 was stated for the first time. The impact on the consolidated financial statements was described as under evaluation at that time.