Change in presentation of royalty income as net sales
First written in FY2018-Q1. 3 of 5 entries say "Restated". Latest entry: FY2019.
0 other companies' latest entry also says "Other".
- FY2019Impact of adopting IFRS 15 on full-year results: ¥589.911 millionAnnual report
「The Company's overseas consolidated subsidiaries have applied "Revenue from Contracts with Customers" (IFRS 15) from the current consolidated fiscal year. Certain payments to customers were previously recorded as selling, general and administrative expenses, but from the current consolidated fiscal year, they have been deducted from net sales. As a result, net sales and selling, general and administrative expenses for the current consolidated fiscal year each decreased by ¥589.911 million.」
The impact of applying IFRS 15 at the overseas consolidated subsidiaries on full-year net sales and selling, general and administrative expenses was disclosed as ¥589.911 million. - FY2018RestatedAnnual report
「Royalty income was previously recorded under "Non-operating income," but from the 41st fiscal year onward, the presentation was changed to include it in "Net sales." Accordingly, the figure for "Net sales" for the 40th fiscal year reflects the retrospective adjustment for this change in presentation.」
From the 41st fiscal year, royalty income was included in net sales, and the treatment of retrospectively adjusting comparative net sales for the change in presentation is reiterated. - FY2018-Q3RestatedAnnual report
「Royalty income was previously recorded under "Non-operating income," but from the 41st fiscal year onward, the presentation was changed to include it in "Net sales." Accordingly, the figure for "Net sales" for the cumulative third quarter of the 41st fiscal year reflects the retrospective adjustment for this change in presentation.」
From the 41st fiscal year, royalty income was included in net sales, and the treatment of retrospectively adjusting comparative net sales for the change in presentation is reiterated. - FY2018-Q2RestatedAnnual report
「Royalty income was previously recorded under "Non-operating income," but from the 41st fiscal year onward, the presentation was changed to include it in "Net sales." Accordingly, the figure for "Net sales" for the cumulative second quarter of the 41st fiscal year reflects the retrospective adjustment for this change in presentation.」
From the 41st fiscal year, royalty income was included in net sales, and the treatment of retrospectively adjusting net sales for the comparative period is reiterated. - FY2018-Q1First statedAnnual report
「Royalty income was previously recorded under "Non-operating income," but from the 41st fiscal year onward, the presentation was changed to include it in "Net sales." Accordingly, the figure for "Net sales" for the cumulative first quarter of the 41st fiscal year reflects the retrospective adjustment for this change in presentation.」
From the 41st fiscal year, royalty income was included in net sales rather than non-operating income, and net sales for the same period of the previous year were retrospectively adjusted.