Adoption of the revenue recognition accounting standard
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q2.
91 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current 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 transfers to the customer.」
Application of the Accounting Standard for Revenue Recognition from the beginning of the first quarter consolidated accounting period, and revenue recognition in accordance with the satisfaction of performance obligations, continued. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised 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 Accounting Standard for Revenue Recognition was applied from the beginning of the first quarter consolidated accounting period, and the revenue recognition method for made-to-order software was changed to allocate revenue over time in accordance with the satisfaction of performance obligations. The impact on profit and loss was described as immaterial.