Change in Method of Recognizing the Provision for Outstanding Coins to Reflect Coin Expiration Data
First written in FY2025-H1. 2 of 3 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「For PostPrime, which we operate, we recognize at the end of the consolidated fiscal year the amount expected to be used in the future to provide for coins granted to registered users.」
The group continues to recognize a provision based on the amount of coins expected to be used in the future. The year-end balance was ¥110 thousand, and ¥45,842 thousand was charged to the provision during the year. - FY2025RestatedAnnual report
「During the consolidated fiscal year, sufficient historical data on expired coins became available, so we changed the method to recognize the coin balance less the estimated amount of coins expected to expire.」
The group continued to estimate the provision based on actual coin expirations for the full year, increasing operating profit and other profit figures by ¥1,514 thousand. - FY2025-H1First statedAnnual report
「Until the prior fiscal year, we recognized the full coin balance because insufficient data on expired coins was available, partly because the coin-granting service had only recently begun. During the interim consolidated accounting period, sufficient historical data on expired coins became available, so we changed the method to recognize the coin balance less the estimated amount of coins expected to expire. As a result, operating profit, ordinary profit and interim profit before income taxes each increased by ¥2,194 thousand.」
The provision estimate was changed because sufficient actual data on coin expirations had accumulated.