Adoption of the Accounting Standard for Revenue Recognition and Change to Net Presentation
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
50 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, revenue and cost of sales for the third-quarter cumulative consolidated period decreased by ¥24.409 million each. There was no impact on selling, general and administrative expenses, operating loss, ordinary loss or loss before income taxes.」
The company continued applying the revenue recognition accounting standard. Revenue and cost of sales each decreased by ¥24.409 million, but there was no impact on operating loss or other items. - FY2022-Q2RestatedAnnual report
「As a result, revenue and cost of sales for the second-quarter cumulative consolidated period decreased by ¥19.451 million each. There was no impact on selling, general and administrative expenses, operating loss, ordinary loss or loss before income taxes.」
The company continued applying the revenue recognition accounting standard. During the second-quarter cumulative period, revenue and cost of sales each decreased by ¥19.451 million, but there was no impact on operating loss or other items. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognised 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 first-quarter consolidated accounting period of 2022, changing transactions for which it acts as an agent from gross to net presentation. Revenue decreased by ¥9.768 million, but there was no impact on operating loss or other items.