Application of the Revenue Recognition Accounting Standard From the Fiscal Year Ending November 2022
First written in FY2019. 5 of 7 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「We adopted the standard from the beginning of the consolidated fiscal year and now recognize revenue at the amount expected to be received in exchange for promised goods or services when control transfers to the customer.」
The Accounting Standard for Revenue Recognition and related standards continued to be applied. In the current fiscal year, net sales decreased by ¥70.872 million and operating income by ¥7.172 million. - FY2022-Q3RestatedAnnual report
「As a result, net sales and cost of sales for the cumulative third quarter of the current consolidated fiscal year decreased by ¥45.744 million each. There was no impact on the balance of retained earnings at the beginning of the current fiscal year.」
The Accounting Standard for Revenue Recognition and related standards continued to be applied, reducing net sales and cost of sales by ¥45.744 million each for the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「As a result, net sales and cost of sales for the cumulative second quarter of the current consolidated fiscal year decreased by ¥32.785 million each. There was no impact on the balance of retained earnings at the beginning of the current fiscal year.」
As a result of applying the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year, net sales and cost of sales for the cumulative second quarter decreased by ¥32.785 million each. - FY2022-Q1AchievedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year and began recognizing revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The Accounting Standard for Revenue Recognition and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year, which began on 1 December 2021. Transactions conducted as an agent and similar transactions were changed to net recognition, reducing both net sales and cost of sales by ¥16.716 million. - FY2021RestatedAnnual report
「The standards will be adopted from the beginning of the fiscal year ending November 2022.」
The Company continues to plan to apply the accounting standards and other guidance relating to revenue recognition from the beginning of the fiscal year ending November 2022. - FY2020RestatedAnnual report
「The standards will be adopted from the beginning of the fiscal year ending November 2022.」
It continues to state that the Accounting Standard for Revenue Recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending November 2022. - FY2019First statedAnnual report
「The standards will be adopted from the beginning of the fiscal year ending November 2022.」
It states that the Accounting Standard for Revenue Recognition and related implementation guidance are scheduled to be applied from the beginning of the fiscal year ending November 2022. The impact on the financial statements is currently being assessed.