Deduction of Sales Promotion Expenses from Net Sales Following Adoption of the Revenue Recognition Accounting Standard
First written in FY2022-Q1. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
4 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Following the introduction of grant-type coupons that can be issued and granted to specific users, from the second quarter of the fiscal year ending August 2025, the company has treated the amounts related to these promotions as transactions containing variable consideration and deducted them from the transaction price, or revenue.」
The company continues to account for sales promotion amounts related to grant-type coupons as variable consideration deducted from revenue. - FY2025RestatedAnnual report
「The amounts related to these promotions are treated as transactions containing variable consideration and deducted from the transaction price, or revenue.」
The company continues to account for sales promotion amounts related to grant-type coupons as deductions from revenue. - FY2025-H1RestatedAnnual report
「The company introduced grant-type coupons that can be issued and granted to specific users. The amounts related to these promotions are treated as transactions containing variable consideration and deducted from the transaction price, or revenue.」
The company continues to account for sales promotion expenses associated with grant-type coupons as variable consideration deducted from revenue. - FY2022-Q3RestatedAnnual report
「As a result, revenue for the cumulative third quarter of the current consolidated fiscal year decreased by ¥7,352.957 million, while selling, general and administrative expenses decreased by the same amount.」
The company reconfirmed that, under the Revenue Recognition Standard applied from the first quarter, revenue and selling, general and administrative expenses for the cumulative period decreased by the same amount. - FY2022-Q2RestatedAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal year decreased by ¥5,280.336 million, while selling, general and administrative expenses decreased by the same amount.」
The company disclosed that, under the Revenue Recognition Standard applied from the first quarter, revenue and selling, general and administrative expenses for the cumulative period decreased by the same amount. - FY2022-Q1First statedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards from the beginning of the first quarter of the current 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. For some sales promotion expenses and other costs for users previously recorded in selling, general and administrative expenses, the company changed its accounting treatment to deduct them from the transaction price as transactions containing variable consideration.」
From the first quarter, the company applied the Revenue Recognition Standard and other standards and changed its accounting treatment so that some sales promotion expenses and other costs for users were deducted from revenue. As a result, revenue for the quarter decreased by ¥1,850.296 million.