Adoption of Revenue Recognition Standards from the Fiscal Year Ending June 2022
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2022.
85 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「As a result, sales decreased by ¥253 million, cost of sales decreased by ¥7 million, and selling, general and administrative expenses decreased by ¥242 million during the current consolidated fiscal year. The impact on operating profit, ordinary profit and profit before income taxes was immaterial.」
It disclosed presentation impacts of ¥253 million on sales and ¥242 million on selling, general and administrative expenses under the accounting standard for revenue recognition applied from the beginning of the fiscal year ending June 2022, and explained that the impact on profit was immaterial. - FY2022-Q3RestatedAnnual report
「As a result, sales decreased by ¥184 million, cost of sales decreased by ¥0 million, and selling, general and administrative expenses decreased by ¥184 million during the third quarter of the current consolidated cumulative period. The impact on operating profit, ordinary profit and profit before income taxes was immaterial.」
It disclosed that, under the accounting standard for revenue recognition applied from the beginning of the fiscal year ending June 2022, sales and selling, general and administrative expenses each decreased by ¥184 million, while the impact on profit was immaterial. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other standards from the beginning of the current first quarter of the consolidated fiscal year,」
The accounting standard for revenue recognition and related guidance, scheduled for FY2020, was applied from the beginning of the fiscal year ending June 2022. The methods of recognizing revenue from the points program and provision for returns were also changed. - FY2020First statedAnnual report
「The standards are scheduled to be applied from the beginning of the fiscal year ending June 2022.」
It has for the first time stated that it plans to apply the accounting standard for revenue recognition and its implementation guidance from the beginning of the fiscal year ending June 2022.