Application of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2022-Q1. 2 of 4 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022.
13 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「Application of the revenue recognition accounting standard and related standards increased revenue by ¥40 million and operating profit and ordinary profit by ¥18 million each during the consolidated fiscal year.」
The company disclosed the impact on revenue, operating profit and ordinary profit during the fiscal year of applying the revenue recognition accounting standard from the beginning of the fiscal year. - FY2022-Q3RestatedAnnual report
「Application of the revenue recognition accounting standard and related standards increased revenue by ¥84 million and operating profit and ordinary profit by ¥28 million each during the nine-month consolidated cumulative period ended in the third quarter.」
The company disclosed the impact on revenue, operating profit and ordinary profit during the nine-month cumulative period of applying the revenue recognition accounting standard from the first quarter. - FY2022-Q2AdvancedAnnual report
「As a result, during the six-month consolidated cumulative period ended in the second quarter, revenue increased by ¥130.492 million, cost of sales increased by ¥81.645 million, and operating profit, ordinary profit and profit before income taxes for the quarter increased by ¥48.847 million each.」
The company specifically discloses the impact of the Revenue Recognition Accounting Standard applied from the first quarter on net sales and profit for the six months ended the second quarter. - FY2022-Q1First statedAnnual report
「The Group applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the consolidated fiscal year. 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 company applied the revenue recognition accounting standard and related standards from the beginning of the quarter and changed to recognizing revenue as performance obligations are satisfied. As a result of the application, revenue increased by ¥81.593 million and operating profit and other items increased by ¥31.059 million.