Application of the Revenue Recognition Accounting Standard
First written in FY2022-Q1. . Latest entry: FY2022.
83 other companies' latest entry also says "Other".
- FY2022Full-year impact finalizedAnnual report
「As a result, revenue for the fiscal year decreased by ¥466 million, cost of sales decreased by ¥337 million, and operating income, ordinary income and net income before income taxes decreased by ¥129 million each.」
The full-year impact of applying the revenue recognition accounting standard was finalized as a ¥466 million decrease in revenue, a ¥129 million decrease in operating income and other items, and an ¥18 million decrease in opening retained earnings. - FY2022-Q3Cumulative update of the impact of applying accounting standardsAnnual report
「As a result, revenue for the nine-month period ended in the third quarter increased by ¥1,868 million, cost of sales increased by ¥1,944 million, and operating income, ordinary income and quarterly net income before income taxes decreased by ¥76 million each. The opening balance of retained earnings also decreased by ¥18 million.」
The impact for the nine months ended in the third quarter of applying the revenue recognition accounting standard was updated. Revenue increased by ¥1,868 million, while operating income, ordinary income and other items decreased by ¥76 million each. - FY2022-Q2Cumulative update of the impact of applying accounting standardsAnnual report
「As a result, revenue for the six-month period ended in the second quarter increased by ¥890 million, cost of sales increased by ¥1,133 million, and operating income, ordinary income and quarterly net income before income taxes decreased by ¥242 million each. The opening balance of retained earnings also decreased by ¥18 million.」
The impact for the six months ended in the second quarter of applying the revenue recognition accounting standard was updated. Revenue increased by ¥890 million, while operating income, ordinary income and other items decreased by ¥242 million each. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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 revenue recognition accounting standard and related standards were applied from the beginning of the first quarter of fiscal 2021. As a result, revenue for the quarter increased by ¥668 million, while operating income, ordinary income and quarterly net income before income taxes decreased by ¥52 million each. Retained earnings at the beginning of the fiscal year decreased by ¥18 million.