Change in Revenue Recognition Methods Following Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 8 of 9 entries say "Restated". Latest entry: FY2026-H1.
91 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Revenue arising from contracts with customers, disaggregated by the timing of revenue recognition, is as follows.」
The company continues to disclose revenue after applying the revenue recognition accounting standard, disaggregated by timing of transfer and business segment. - FY2025-H1RestatedAnnual report
「Revenue arising from contracts with customers, disaggregated by the timing of revenue recognition, is as follows.」
The company continues to disclose revenue after applying the revenue recognition accounting standard, disaggregated by timing of transfer and business segment. - FY2024-Q3RestatedAnnual report
「Revenue arising from contracts with customers, disaggregated by the timing of revenue recognition, is as follows.」
The company continues to disclose revenue after applying the revenue recognition accounting standard, disaggregated by timing of transfer and business segment. - FY2023-Q3RestatedAnnual report
「Revenue arising from contracts with customers, disaggregated by the timing of revenue recognition, is as follows.」
The company continues to disclose revenue after applying the revenue recognition accounting standard, disaggregated by timing of transfer and business segment. - FY2023-Q2RestatedAnnual report
「Revenue arising from contracts with customers, disaggregated by the timing of revenue recognition, is as follows.」
The company continues to disclose revenue after applying the revenue recognition accounting standard, disaggregated by timing of transfer and business segment. - FY2023-Q1RestatedAnnual report
「Revenue arising from contracts with customers, disaggregated by the timing of revenue recognition, is as follows.」
The company continues to disclose revenue after applying the revenue recognition accounting standard, disaggregated by timing of transfer and business segment. - FY2022-Q3RestatedAnnual report
「As a result, for the cumulative third quarter period, net sales decreased by ¥447.973 million, cost of sales decreased by ¥374.155 million, and gross profit, operating income, ordinary income and profit before income taxes each decreased by ¥73.817 million. In addition, the beginning balance of retained earnings decreased by ¥38.762 million.」
The company discloses the impact on net sales, profit and retained earnings for the cumulative third quarter period of applying the revenue recognition accounting standard from the beginning of the first quarter. There has been no change in the accounting policy itself. - FY2022-Q2RestatedAnnual report
「As a result, for the cumulative second quarter period, net sales increased by ¥73.127 million, cost of sales increased by ¥3.141 million, and gross profit, operating income, ordinary income and profit before income taxes each increased by ¥69.986 million. In addition, the beginning balance of retained earnings decreased by ¥38.762 million.」
The company discloses the impact on net sales, profit and retained earnings for the cumulative second quarter period of applying the revenue recognition accounting standard from the beginning of the first quarter. There has been no change in the accounting policy itself. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter. 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 transfers to the customer.」
The Company applied the revenue recognition standard and other related standards from the beginning of the current first quarter, changing revenue recognition for construction contracts to recognition over time as performance obligations are satisfied, and revenue recognition for products and other items to recognition at the point when the performance obligation for each product is satisfied. As a result of the application, sales for the cumulative first-quarter period increased by ¥90.234 million, gross profit, operating profit, ordinary profit and profit before income taxes for the quarter each increased by ¥52.481 million, while the opening balance of retained earnings decreased by ¥38.762 million.