Changes in revenue recognition for franchise membership fees and points due to the adoption of the Revenue Recognition Accounting Standard
First written in FY2022-Q1. . Latest entry: FY2022.
The whole theme swung hardest in 2020: 1 of 11 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2022Disclosure of Full-Year ImpactAnnual report
「この結果、当連結会計年度の売上高は79百万円減少し、販売費及び一般管理費は396百万円減少し、営業利益、経常利益及び税金等調整前当期純利益はそれぞれ317百万円増加しております。また、利益剰余金の当期首残高は2,307百万円減少しております。」
収益認識会計基準の適用を通期で継続し、売上高・販売費及び一般管理費・利益・期首利益剰余金への影響額を開示している。 - FY2022-Q3Update on the Impact of AdoptionAnnual report
「この結果、当第３四半期連結累計期間の売上高は18百万円減少し、販売費及び一般管理費は294百万円減少し、営業利益、経常利益及び税金等調整前四半期純利益はそれぞれ275百万円増加しております。また、利益剰余金の当期首残高は2,307百万円減少しております。」
収益認識会計基準の適用に伴う第3四半期累計の売上高、販売費及び一般管理費、利益への影響額を更新して開示している。 - FY2022-Q2適用影響額の追加開示Annual report
「この結果、当第２四半期連結累計期間の売上高は22百万円増加し、販売費及び一般管理費は190百万円減少し、営業利益、経常利益及び税金等調整前四半期純利益はそれぞれ213百万円増加しております。また、利益剰余金の当期首残高は2,307百万円減少しております。」
収益認識会計基準の適用を継続し、第2四半期累計における売上高・販売費及び一般管理費・利益への影響額を追加開示している。 - FY2022-Q1First statedAnnual report
「We adopted the “Accounting Standard for Revenue Recognition” (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the current fiscal year, recognizing revenue at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer. As a result, franchise fees under contracts with domestic franchisees, which were previously recognized at a point in time, are now recognized over a specified period as performance obligations are satisfied. In addition, for loyalty-point programs operated by other companies, the amount equivalent to points awarded at the time of product sales, previously recorded as selling, general and administrative expenses, is now deducted from the transaction price when revenue is recognized.」
The Revenue Recognition Standard was adopted from the beginning of the first quarter of fiscal 2022, changing franchise-fee recognition to recognition over the period in which performance obligations are satisfied and deducting point amounts from transaction price when recognizing revenue.