Adoption of the revenue recognition accounting standard
First written in FY2022-Q1. 1 of 5 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
0 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「The Accounting Standard for Current Income Taxes and Local Corporation Taxes, etc., and related standards have been applied from the beginning of the interim consolidated accounting period.」
The revised standards relating to income taxes and tax-effect accounting, which had been scheduled for adoption in the previous fiscal year, were applied from the beginning of the interim consolidated accounting period. The company stated that the change in accounting policy had no impact on the interim consolidated financial statements. - FY2022Full-year impact of adoption increased to ¥992 millionAnnual report
「As a result, revenue and selling, general and administrative expenses for the fiscal year decreased by ¥992.197 million each. There was no impact on operating income, ordinary income, net income attributable to owners of the parent, retained earnings at the beginning of the fiscal year, net assets per share or net income per share.」
The cumulative full-year decrease in revenue and selling, general and administrative expenses resulting from adoption of the revenue recognition accounting standard reached ¥992 million, but the company stated that there was no impact on profit. - FY2022-Q3Impact of adoption increased to ¥664 millionAnnual report
「As a result, revenue and selling, general and administrative expenses for the nine-month period ended 31 December 20XX decreased by ¥664 million each. There was no impact on operating income, ordinary income, quarterly net income or retained earnings at the beginning of the first quarter of the period.」
The cumulative decrease in revenue and selling, general and administrative expenses under the revenue recognition accounting standard adopted from the first quarter increased from ¥429 million to ¥664 million. The company stated that there was no impact on profit. - FY2022-Q2Impact of adoption increased to ¥429 millionAnnual report
「As a result, revenue and selling, general and administrative expenses for the six-month period ended 30 September 20XX decreased by ¥429 million each. There was no impact on operating income, ordinary income, quarterly net income or retained earnings at the beginning of the first quarter of the period.」
The company stated that, during the six-month period, revenue and selling, general and administrative expenses decreased by ¥429 million each under the revenue recognition accounting standard adopted from the first quarter, with no impact on profit. - FY2022-Q1First statedAnnual report
「The company applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
Beginning this quarter, the company applied the accounting standards for revenue recognition and related standards, reducing both revenue and selling, general and administrative expenses by ¥211 million. It states that there was no impact on operating income, ordinary income or net income for the quarter.