Net and Upfront Recognition of License Revenue under the Revenue Recognition Standard
First written in FY2022-Q1. 7 of 8 entries say "Restated". Latest entry: FY2026.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company records as sales the net amount after deducting license fees, which constitute cost of sales, from sales, and recognizes the amount in full when the contract begins.」
For license sales following application of the revenue recognition accounting standards, net presentation and recognition in full when the contract begins have continued. - FY2025RestatedAnnual report
「The company records as sales the net amount after deducting license fees, which constitute cost of sales, from sales, and recognizes the amount in full when the contract begins.」
For license sales following application of the revenue recognition accounting standards, net presentation and recognition in full when the contract begins have continued. - FY2024RestatedAnnual report
「The company records as sales the net amount after deducting license fees, which constitute cost of sales, from sales, and recognizes the amount in full when the contract begins.」
For license sales following application of the revenue recognition accounting standards, net presentation and recognition in full when the contract begins have continued. - FY2023RestatedAnnual report
「The company records as sales the net amount after deducting license fees, which constitute cost of sales, from sales, and recognizes the amount in full when the contract begins.」
For license sales following application of the revenue recognition accounting standards, net presentation and recognition in full when the contract begins have continued. - FY2022RestatedAnnual report
「For these transactions, the company has changed from recording sales and cost of sales on a gross basis to recording as sales the net amount after deducting license fees, which constitute cost of sales, from sales. The timing of recognition has also changed from recognizing revenue over the license contract period to recognizing it in full when the contract begins.」
The net presentation and recognition in full when the contract begins of license sales under the revenue recognition accounting standards have continued in the full-year financial results. - FY2022-Q3RestatedAnnual report
「For these transactions, the company has changed from recording sales and cost of sales on a gross basis to recording as sales the net amount after deducting license fees, which constitute cost of sales, from sales. The timing of recognition has also changed from recognizing revenue over the license contract period to recognizing it in full when the contract begins.」
Following application of the revenue recognition accounting standards, license sales continue to be presented net and recognized in full when the contract begins. For the first nine months, the disclosure states that sales decreased by ¥537.044 million and operating income and other items increased by ¥18.376 million as a result. - FY2022-Q2RestatedAnnual report
「The company follows the transitional treatment specified in the proviso to paragraph 84 of the revenue recognition accounting standard. The cumulative effect of retrospectively applying the new accounting policy before the beginning of the first-quarter consolidated accounting period was adjusted against retained earnings at the beginning of the first quarter, and the new accounting policy has been applied from that opening balance. As a result, sales for the first six months of the current consolidated cumulative period decreased by ¥363.876 million, cost of sales decreased by ¥365.720 million, and operating income, ordinary income, and quarterly income before income taxes each increased by ¥1.844 million. The opening balance of retained earnings increased by ¥65.955 million.」
The accounting treatment under the revenue recognition accounting standards applied from the first quarter has continued. There has been no change from net presentation and recognition in full when the contract begins, and the cumulative impact for the second quarter has been updated. - FY2022-Q1First statedAnnual report
「For these transactions, the company has changed from recording sales and cost of sales on a gross basis to recording as sales the net amount after deducting license fees, which constitute cost of sales, from sales. The timing of recognition has also changed from recognizing revenue over the license contract period to recognizing it in full when the contract begins.」
The company applied the revenue recognition accounting standards and other relevant standards from the first quarter beginning on 1 April 2021. For certain software licenses and some training services involving purchases from other companies, it changed from gross presentation to net presentation and from recognition over the contract period to recognition in full when the contract begins. The application reduced sales for the quarter by ¥188.482 million.