Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
84 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「A new accounting policy has been applied from the beginning of the first-quarter consolidated accounting period.」
The application of the Accounting Standard for Revenue Recognition and related standards has continued. The method of calculating segment profit has also changed in connection with the application of these standards. - FY2022-Q2RestatedAnnual report
「As a result, compared with the previous accounting treatment, net sales for the current second-quarter consolidated cumulative period decreased by ¥69 million, cost of sales by ¥41 million, and operating income, ordinary income and profit before income taxes and other adjustments for the quarter by ¥28 million, respectively.」
The application of the Accounting Standard for Revenue Recognition has continued, with the impact of reducing net sales by ¥69 million and operating income and other items by ¥28 million in the current second-quarter consolidated cumulative period disclosed. - FY2022-Q1First statedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other relevant standards from the beginning of the first quarter of the current 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 is transferred to the customer.」
The Accounting Standard for Revenue Recognition and related standards were applied from the beginning of the first quarter of fiscal 2021. Compared with the previous accounting treatment, net sales for the first quarter decreased by ¥69 million, while operating income, ordinary income and profit before income taxes and other adjustments for the quarter decreased by ¥28 million.