Adoption of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2022-Q1. . Latest entry: FY2022.
83 other companies' latest entry also says "Other".
- FY2022Full-year impact of the revenue recognition accounting standard disclosedAnnual report
「As a result, compared with the previous method, revenue for the current consolidated fiscal year decreased by ¥159.502 million, cost of sales decreased by ¥157.512 million, and operating profit, ordinary profit and profit before income taxes decreased by ¥1.989 million each.」
The full-year impact of applying the revenue recognition accounting standard and related standards was disclosed: revenue decreased by ¥159.502 million and operating profit and related measures decreased by ¥1.989 million. - FY2022-Q3Cumulative impact of the revenue recognition accounting standard increasedAnnual report
「As a result, compared with the previous method, revenue for the nine months ended the third quarter of the current consolidated fiscal year decreased by ¥119.573 million, cost of sales decreased by ¥118.129 million, and operating profit, ordinary profit and profit before income taxes decreased by ¥1.443 million each.」
The impact of applying the revenue recognition accounting standard and related standards was disclosed for the nine months ended the third quarter. Revenue decreased by ¥119.573 million and operating profit and related measures decreased by ¥1.443 million. The cumulative impact increased from the amount reported as of FY2022-Q2. - FY2022-Q2Impact of applying the revenue recognition accounting standard quantifiedAnnual report
「As a result, compared with the previous method, revenue for the six months ended the second quarter of the current consolidated fiscal year decreased by ¥78.449 million, cost of sales decreased by ¥77.917 million, operating profit, ordinary profit and profit before income taxes decreased by ¥532,000 each, and current liabilities increased by ¥532,000.」
The cumulative impact of applying the revenue recognition accounting standard and related standards was disclosed: revenue decreased by ¥78.449 million and operating profit and related measures decreased by ¥532,000. - FY2022-Q1First statedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter and now recognizes revenue when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The Company applied the revenue recognition accounting standard and related standards from the beginning of the first-quarter consolidated accounting period, including 1 October 2021. The impact on the financial statements was described as immaterial.