Ship Healthcare Holdings (3360) · PolicyRestated
Changes in Revenue Presentation and Segment Calculation Method Due to Application of the Accounting Standard for Revenue Recognition
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022.
3entries
2years
0from disclosures
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Net Presentation of Agent Transactions Following Adoption of the Revenue Recognition Accounting StandardA theme 80 companies write about · 6 as a headwind · 0 as a tailwind
50 other companies' latest entry also says "Restated".
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Showing 14 of the 80 companies compared. The sentences above are computed from all 80.Full recordFilings, disclosures and news, newest first
- FY2022RestatedAnnual report
「As a result, revenue and cost of sales for the current consolidated fiscal year each decreased by ¥4,889 million.」
The revenue recognition standard continued to apply throughout the fiscal year, and the net presentation of agency transactions reduced revenue and cost of sales by ¥4,889 million each. - FY2022-Q2RestatedAnnual report
「As a result, revenue and cost of sales for the six-month period of the current second quarter of the consolidated fiscal year each decreased by ¥2,517 million.」
The revenue recognition standard and related standards, which were applied from the first quarter, continued to apply in the current quarter. As product sales involving agency transactions were presented on a net basis, revenue and cost of sales each decreased by ¥2,517 million. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. Revenue is recognized 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 standard and related standards were applied from the beginning of the current quarter. In particular, transactions in which the Company acts as an agent in product sales in the Medical Supply business were changed to net presentation. As a result, revenue and cost of sales for the current quarter each decreased by ¥1,617 million, and the method of calculating segment information was also changed.