Adoption of the Revenue Recognition Standard and Changes to Revenue Presentation
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.
24 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「In addition, the Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and other relevant standards from the beginning of the first quarter accounting period. Operating revenue excluding the application of these standards would have been ¥366.181 billion (102.7% year on year).」
The Company continues to apply the Revenue Recognition Accounting Standard adopted from the beginning of the first quarter accounting period and also presents operating revenue excluding its application. - FY2023-Q2RestatedAnnual report
「The company has 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 related standards from the beginning of the first quarter. If these standards had not been applied, operating revenue would have been ¥243.619 billion, or 101.5% of the same period of the previous year.」
Continued to apply the revenue recognition accounting standard, adopted from the beginning of the first quarter, in the current quarter and also presented operating revenue as if the standard had not been applied. - FY2023-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, dated 31 March 2020) and related standards from the beginning of the first quarter, and began recognizing revenue at the time control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
Applied the revenue recognition accounting standard from the beginning of the current quarter and changed to presenting transactions as an agent on a net basis and deducting third-party points and coupons from sales. The presentation impact was to increase sales by ¥4.992 billion and other operating income by ¥1.068 billion, with no impact on profit.