対応 to the application of accounting standards for revenue recognition and related standards
First written in FY2021. 2 of 5 entries say "Restated". Latest entry: FY2022.
1 other company's latest entry also says "Other".
- FY2022Full-year impact of the revenue recognition standard finalisedAnnual report
「As a result, compared with before the application of the Revenue Recognition Accounting Standard and related standards, the consolidated income statement for the fiscal year under review showed decreases of ¥7,329 million in revenue, ¥443 million in cost of sales and ¥6,772 million in selling, general and administrative expenses. Operating profit, ordinary profit and profit before income taxes each decreased by ¥113 million.」
The Company disclosed the full-year amounts of the impact of the Revenue Recognition Accounting Standard and related standards, which were applied from the beginning of the fiscal year, on revenue, expenses and profit. - FY2022-Q3RestatedAnnual report
「As a result, during the first nine months of the fiscal year under review, revenue decreased by ¥5,738 million, cost of sales decreased by ¥343 million, selling, general and administrative expenses decreased by ¥5,301 million, and operating profit, ordinary profit and profit before income taxes each decreased by ¥93 million.」
The Company continued to apply the Revenue Recognition Accounting Standard and related standards, which were applied from the first quarter, and specifically disclosed their impact on revenue, expenses and profit for the first nine months of the fiscal year. - FY2022-Q2RestatedAnnual report
「As a result, during the first six months of the fiscal year under review, revenue decreased by ¥3,804 million, cost of sales decreased by ¥299 million, selling, general and administrative expenses decreased by ¥3,415 million, and operating profit, ordinary profit and profit before income taxes each decreased by ¥89 million.」
The Company continued to apply the Revenue Recognition Accounting Standard and related standards, and specifically disclosed their impact on revenue, expenses and profit for the first six months of the fiscal year under review. - FY2022-Q1AchievedAnnual report
「The Company 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 related standards from the beginning of the first quarter of the fiscal year under review. 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 is transferred to the customer. For revenue from the sale of goods, primarily in the domestic food business, the Company changed its method from recognising revenue at shipment, as previously, to recognising it upon delivery.」
The Company applied the Revenue Recognition Accounting Standard and related standards from 1 April 2021, as planned in the previous fiscal year. It changed the recognition point for sales of goods from shipment to delivery, deducted rebates and other items from revenue, and recognised agent transactions on a net basis. As a result, revenue and operating profit decreased by ¥1,989 million and ¥87 million, respectively, during the quarter. - FY2021First statedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company indicated that it would apply the revenue recognition standards and related standards from the beginning of the fiscal year ending March 2022. Planned changes included changing the recognition point for sales of goods from shipment to delivery, deducting rebates and other items from revenue, and recognising transactions as an agent on a net basis in the advertising and promotional business.