Changes in Revenue Recognition following Adoption of the Revenue Recognition Standard
First written in FY2022-Q3. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
8 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and other standards from the beginning of the current consolidated 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.」
The company applied the revenue recognition standard from the beginning of the fiscal year and estimated variable consideration such as the change from recognizing revenue at shipment to recognizing it at delivery and rebates. Net sales decreased by ¥6,064 million, while operating profit and other items increased by ¥177 million. - FY2022-Q3First statedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and other standards from the beginning of the first quarter of the current consolidated 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.」
The company applied the revenue recognition standard from the beginning of the first quarter of the current consolidated fiscal year, changing the point of revenue recognition for products from shipment to delivery and changing the method used to estimate variable consideration such as rebates. For the first nine months of the current fiscal year, net sales decreased by ¥4,013 million, operating profit and other items increased by ¥315 million, and the opening balance of retained earnings decreased by ¥379 million.