Application of the Revenue Recognition Accounting Standard and Recognition of Construction Revenue Over Time
First written in FY2022-Q1. 3 of 9 entries say "Restated". Latest entry: FY2026.
12 other companies' latest entry also says "Other".
- FY2026Full-year construction revenue recognition amount updatedAnnual report
「(1) Amounts recorded in the consolidated financial statements for the current consolidated fiscal year Previous consolidated fiscal year Current consolidated fiscal year Net sales ¥1,817.013 million ¥1,714.913 million」
The company continued to recognize revenue from construction contracts over a specified period based on progress toward completion, and net sales recorded for the current consolidated fiscal year were ¥1,714.913 million. - FY2026-H1Interim-period revenue recognition amount updatedAnnual report
「Goods or services transferred over time 1,582,702 111,278 — 1,693,980 Revenue arising from contracts with customers 2,761,952 239,409 — 3,001,362」
The FY2026 first-half revenue recognition disclosures were updated. Revenue from goods or services transferred over time totaled ¥1,693.980 million, and revenue arising from contracts with customers totaled ¥3,001.362 million. - FY2025Full-year construction revenue recognition amount updatedAnnual report
「Revenue from construction contracts is calculated using a method that recognizes revenue over a specified period as the performance obligations are satisfied.」
The time-apportionment method under the Revenue Recognition Accounting Standard has been continued, and the amount of revenue recognized for construction contracts was ¥1,817.013 million in FY2025. - FY2025-H1Interim-period revenue recognition amount updatedAnnual report
「Goods or services transferred over time 962,109 399,003 — 1,361,112 Revenue arising from contracts with customers 2,719,647 479,623 — 3,199,271」
The FY2025 first-half revenue recognition disclosures were updated. Revenue from goods or services transferred over time totaled ¥1,361.112 million, and revenue arising from contracts with customers totaled ¥3,199.271 million. - FY2024Construction revenue recognition amount updatedAnnual report
「Revenue from construction contracts is calculated using a method that recognizes revenue over a specified period as the performance obligations are satisfied.」
The time-apportionment method under the Revenue Recognition Accounting Standard has been continued, and revenue from construction contracts totaled ¥2,250.009 million for the current consolidated fiscal year. - FY2022RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and related standards from the beginning of the 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 Revenue Recognition Accounting Standard has been applied from the beginning of the current consolidated fiscal year, and revenue is recognized based on progress for construction projects whose performance obligations are satisfied over a specified period. - FY2022-Q3RestatedAnnual report
「We have applied 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 relevant standards from the beginning of the first-quarter consolidated accounting period. Revenue is recognized at the amount expected to be received in exchange for the goods or services when control of the promised goods or services is transferred to the customer. Accordingly, for construction contracts to which the completed-contract basis had previously been applied and for which the performance obligations are satisfied over a specified period, we have changed the method to estimate progress toward satisfaction of the performance obligations and recognize revenue over the specified period based on that progress.」
The Revenue Recognition Accounting Standard has been applied from the beginning of the first-quarter consolidated accounting period, and the policy of recognizing revenue based on progress for construction projects whose performance obligations are satisfied over a specified period has been continued. - FY2022-Q2RestatedAnnual report
「We have applied 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 relevant standards from the beginning of the first-quarter consolidated accounting period. Revenue is recognized at the amount expected to be received in exchange for the goods or services when control of the promised goods or services is transferred to the customer. Accordingly, for construction contracts to which the completed-contract basis had previously been applied and for which the performance obligations are satisfied over a specified period, we have changed the method to estimate progress toward satisfaction of the performance obligations and recognize revenue over the specified period based on that progress. For construction projects with very short durations, revenue is recognized when the performance obligations have been fully satisfied.」
The Revenue Recognition Accounting Standard has been applied from the beginning of the first-quarter consolidated accounting period, and the policy of recognizing revenue based on progress for construction projects whose performance obligations are satisfied over a specified period has been continued. - FY2022-Q1First statedAnnual report
「We have applied 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 relevant standards from the beginning of the first-quarter consolidated accounting period. Revenue is recognized at the amount expected to be received in exchange for the goods or services when control of the promised goods or services is transferred to the customer. Accordingly, for construction contracts to which the percentage-of-completion basis applies because the performance obligations are satisfied over a specified period, we have changed the method from the previous completed-contract basis to recognizing revenue over the specified period based on the estimated progress toward satisfaction of the performance obligations. For construction projects with very short durations, revenue is recognized when the performance obligations have been fully satisfied.」
The Revenue Recognition Accounting Standard and other relevant standards were applied from the beginning of the first-quarter consolidated accounting period, and the revenue recognition method for some construction contracts was changed from the previous completed-contract basis to recognition over a specified period based on the progress toward completion. The filing states that there was no impact on profit or loss or retained earnings at the beginning of the period.