Scheduled Adoption of Revenue Recognition Standards for the Fiscal Year Ending February 2023
First written in FY2019. 6 of 8 entries say "Restated". Latest entry: FY2023.
7 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「As a result, compared with the previous accounting methods, operating revenue for the current consolidated fiscal year decreased by ¥7,650 million, net sales decreased by ¥9,342 million, cost of sales decreased by ¥13,590 million, operating income increased by ¥1,692 million and operating profit increased by ¥520 million.」
The company continues to apply the accounting standards and other guidance on revenue recognition and has updated the amounts of their impact on operating revenue, net sales, cost of sales, operating income and operating profit for the full year. - FY2023-Q3RestatedAnnual report
「As a result, compared with the previous accounting methods, operating revenue for the cumulative third-quarter period of the current consolidated fiscal year decreased by ¥5,450 million, net sales decreased by ¥6,716 million, cost of sales decreased by ¥10,023 million, operating income increased by ¥1,265 million and operating profit increased by ¥366 million.」
The company continues to apply the accounting standards and other guidance on revenue recognition and has updated the amounts of their impact on operating revenue, net sales, cost of sales, operating income and operating profit for the cumulative third-quarter period. - FY2023-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards have been applied from the beginning of the first quarter of the fiscal year. Revenue is recognized when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The company continues to apply the accounting standards and other guidance on revenue recognition that were scheduled for adoption from the beginning of the fiscal year ending February 2023. For the cumulative second-quarter period, their application reduced operating revenue by ¥3,633 million and increased operating profit by ¥261 million. - FY2023-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other standards were adopted from the beginning of the current first quarter consolidated accounting period. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services is transferred to the customer.」
The accounting standards and other guidance on revenue recognition scheduled for adoption from the beginning of the fiscal year ending February 2023 were adopted from the beginning of the current first quarter of the consolidated fiscal year. The revenue recognition methods for agent transactions, the points program and logistics center transactions were also changed, reducing operating revenue by ¥1,761 million and increasing operating profit by ¥121 million. - FY2022RestatedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending February 2023. The amount of the impact is being evaluated in preparing the current consolidated financial statements.」
The company plans to adopt the accounting standards and other guidance on revenue recognition from the beginning of the fiscal year ending February 2023, with the amount of the impact under evaluation. - FY2021RestatedAnnual report
「(2) Scheduled date of adoption Adoption is scheduled from the beginning of the fiscal year ending February 2023. (3) Impact of adopting the accounting standards and other guidance The amount of the impact is under evaluation when preparing the current consolidated financial statements.」
The company plans to adopt the accounting standards and other guidance on revenue recognition from the beginning of the fiscal year ending February 2023, with the amount of the impact continuing to be evaluated. - FY2020RestatedAnnual report
「(2) Scheduled date of adoption Adoption is scheduled from the beginning of the fiscal year ending February 2023.」
The company maintains its plan to adopt the accounting standards and other guidance on revenue recognition from the beginning of the fiscal year ending February 2023, with the amount of the impact under evaluation. - FY2019First statedAnnual report
「Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, dated 30 March 2018).」
The company reports that the comprehensive accounting standards and implementation guidance on revenue recognition were scheduled for adoption from the beginning of the fiscal year ending February 2023, with revenue recognition based on the five-step model and the amount of the impact still under evaluation.