Application of the accounting standard for revenue recognition
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023-Q1.
16 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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.」
The Revenue Recognition Accounting Standard applied from the first quarter of the previous fiscal year continues to be applied. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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.」
The Revenue Recognition Accounting Standard applied from the first quarter continues to be applied. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. Revenue is now 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.」
The Revenue Recognition Accounting Standard and the changes in accounting treatment for sales with a right of return, agent transactions and transactions involving the provision of consideration, applied from the first quarter, continue to be applied. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year and began recognizing revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The Revenue Recognition Accounting Standard was applied from the beginning of the current quarter, and the revenue recognition methods for sales with a right of return, agent transactions and transactions involving the provision of consideration were changed. Revenue decreased by ¥26 million, operating profit and other items decreased by ¥16 million, and retained earnings at the beginning of the period decreased by ¥37 million.