Changes in the presentation of revenue and profit resulting from the adoption of the revenue recognition standard
First written in FY2022-Q1. 5 of 11 entries say "Restated". Latest entry: 2026-11-10.
The whole theme swung hardest in 2025: 2 of 10 companies on the "Worse" side.
12 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「As a result, for the fiscal year, the consolidated income statement reflects decreases of ¥3,801 million in net sales, ¥52 million in cost of sales, ¥3,662 million in selling, general and administrative expenses, ¥86 million in operating profit, and ¥5 million each in ordinary profit and profit before income taxes.」
The company disclosed the impact of applying the Accounting Standard for Revenue Recognition for the full fiscal year as a ¥3,801 million decrease in net sales, an ¥86 million decrease in operating profit, and other effects. - FY2022-Q3AdvancedAnnual report
「As a result, revenue for the nine months ended the third quarter decreased by ¥3,930 million, cost of sales decreased by ¥1,006 million, SG&A expenses decreased by ¥2,785 million, operating profit decreased by ¥138 million, ordinary profit and profit before income taxes for the quarter each decreased by ¥77 million, and the opening balance of retained earnings decreased by ¥203 million.」
The amounts of the impact on the cumulative nine-month period from applying the Accounting Standard for Revenue Recognition have been updated. The disclosure states decreases of ¥3,930 million in net sales, ¥138 million in operating profit, ¥77 million in ordinary profit, etc., and ¥203 million in retained earnings at the beginning of the year. - FY2022-Q2AdvancedAnnual report
「As a result, revenue for the six months ended the second quarter decreased by ¥2,202 million, cost of sales decreased by ¥322 million, SG&A expenses decreased by ¥1,819 million, operating profit decreased by ¥60 million, ordinary profit and profit before income taxes for the quarter each decreased by ¥21 million, and the opening balance of retained earnings decreased by ¥203 million.」
The company has updated the impact of applying the revenue recognition standard on the six months ended the second quarter. It reports decreases of ¥2,202 million in revenue, ¥60 million in operating profit, ¥21 million in ordinary profit and related items, and ¥203 million in retained earnings at the beginning of the fiscal year. - FY2022-Q1First statedAnnual report
「We have applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year.」
The company adopted the revenue recognition standard and related standards from the beginning of the first quarter of FY2022 and changed its accounting treatment to deduct variable consideration, such as returns, and consideration payable to customers from revenue. It states that adoption reduced revenue by ¥1,200 million, operating profit by ¥27 million, ordinary profit by ¥13 million and retained earnings at the beginning of the fiscal year by ¥203 million.