Reduction in Reported Revenue and Cost of Sales Following Application of the Revenue Recognition Accounting Standard
First written in FY2022-Q1. 1 of 4 entries say "Restated". Latest entry: FY2026-H1.
50 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual reportThis filing contains no new changes or updated impact amounts relating to application of the revenue recognition standard.
- FY2022Update on the Full-Year Impact of the Revenue Recognition StandardAnnual report
「Consequently, compared with the previous accounting treatment, revenue and cost of sales for the current consolidated fiscal year decreased by ¥2,652.700 million, while raw materials and supplies and other current liabilities each increased by ¥30.028 million.」
The Company updated the full-year impact of applying the revenue recognition standard. Revenue and cost of sales decreased by ¥2,652.700 million compared with the previous treatment. - FY2022-Q3Update to the Impact of Applying the Revenue Recognition StandardAnnual report
「Consequently, compared with the previous accounting treatment, revenue and cost of sales for the cumulative first nine months of the current consolidated fiscal year decreased by ¥2,018.234 million, while raw materials and supplies and other current liabilities each increased by ¥37.067 million.」
The Company updated the impact for the cumulative third quarter resulting from application of the revenue recognition standard. Revenue and cost of sales decreased by ¥2,018.234 million compared with the previous treatment. - FY2022-Q1First statedAnnual report
「As a result, when the performance obligation is to arrange for the provision of goods or services by another party in fulfilling a promise to a customer, revenue is recognized on a net basis as an agent. Consequently, revenue and cost of sales for the cumulative first quarter of the current consolidated fiscal year were each ¥759.325 million lower than under the previous accounting treatment.」
The Company applied the revenue recognition standard and related standards from the beginning of the first quarter of the current consolidated fiscal year and presented transactions qualifying as agency transactions on a net basis. Revenue and cost of sales each decreased by ¥759.325 million, with no impact on the opening balance of retained earnings.