Adoption of the Revenue Recognition Accounting Standard and Related Standards
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.
6 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were adopted from the beginning of the current consolidated fiscal year」
The revenue recognition accounting standards and other standards have continued to be applied from the beginning of the fiscal year, with coupons recognized as performance obligations. - FY2022-Q3RestatedAnnual report
「The Group has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter of the consolidated fiscal year. Accordingly, the key management indicators for the nine months ended the third quarter and the third quarter reflect the application of these accounting standards and other applicable standards.」
The revenue recognition accounting standards and other standards applied from the beginning of the first quarter have also continued to be applied to the key indicators for the third quarter. - FY2022-Q2RestatedAnnual report
「The Group has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other standards from the beginning of the first quarter of the consolidated fiscal year. Accordingly, the key management indicators for the six months ended the second quarter reflect the application of these accounting standards and other applicable standards.」
The revenue recognition accounting standards and other standards applied from the beginning of the first quarter have also continued to be applied to the key indicators for the second quarter. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized 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 Group changed its revenue recognition methods from the beginning of the first quarter, applying the revenue recognition accounting standards and recognizing coupons as performance obligations. The impact on profit or loss was immaterial, and there was no impact on retained earnings at the beginning of the period.