Application of the revenue recognition standard
First written in FY2022-Q1. 3 of 5 entries say "Restated". Latest entry: FY2023-Q3.
9 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「In addition, disaggregated revenue was previously disclosed only by service category, but from the first quarter accounting period, the method of classification has been changed to classification by the timing of the transfer of goods or services.」
It continues to disclose the change in the method of presenting disaggregated revenue accompanying the application of the revenue recognition accounting standard. - FY2023-Q2Change in the method of disclosing disaggregated revenueAnnual report
「In addition, disaggregated revenue was previously disclosed only by service category, but from the first quarter accounting period, the method of classification has been changed to classification by the timing of the transfer of goods or services.」
In addition to the policy for applying the revenue recognition accounting standard itself, the disaggregated revenue information has been changed from classification by service category to classification by timing of transfer. - FY2022-Q3RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the consolidated 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.」
It continues to state that the revenue recognition accounting standard and related standards have been applied from the beginning of the first quarter of the consolidated fiscal period. - FY2022-Q2RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the consolidated 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.」
It continues to state that the revenue recognition accounting standard and related standards have been applied from the beginning of the first quarter of the consolidated fiscal period. - FY2022-Q1First statedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related 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 transfers to the customer.」
The application of the revenue recognition standard has changed the recognition of revenue from software produced under contract and the recognition method for certain initial implementation fees. It states that the impact on profit or loss and retained earnings at the beginning of the period is immaterial.