Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2023.
7 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Company has applied the “Accounting Standard for Revenue Recognition” (Accounting Standard No. 29, 31 March 2020) and other related standards from the beginning of the 10th fiscal year. Accordingly, the key management indicators and other metrics for the 10th fiscal year and thereafter reflect application of these accounting standards and related standards.」
The revenue recognition accounting standards have been applied from the beginning of the 10th fiscal year, and metrics after application continue to be disclosed. - FY2022RestatedAnnual report
「As a result, net sales for the fiscal year decreased by ¥285.137 million, cost of sales decreased by ¥219.803 million, and operating loss, ordinary loss and pretax net loss each increased by ¥65.334 million.」
The application of the revenue recognition accounting standards and their cumulative impact were disclosed for the full fiscal year, and the policy of applying the standards continues. - FY2022-Q3RestatedAnnual report
「As a result, net sales for the cumulative third-quarter period decreased by ¥285.137 million, cost of sales decreased by ¥219.803 million, and operating loss, ordinary loss and pretax quarterly net loss each increased by ¥65.334 million. The opening balance of retained earnings also increased by ¥45.342 million.」
The impact of the revenue recognition accounting standards applied from the beginning of the first quarter continues to be disclosed for the cumulative third-quarter period. - FY2022-Q2RestatedAnnual report
「As a result, net sales for the cumulative second-quarter period decreased by ¥285.137 million, cost of sales decreased by ¥219.803 million, and operating loss, ordinary loss and pretax quarterly net loss each increased by ¥65.334 million. The opening balance of retained earnings also increased by ¥45.342 million.」
The impact of applying the revenue recognition accounting standards from the first quarter on the cumulative second-quarter period was disclosed in specific amounts. For in-house publishing, revenue continues to be recognized based on the estimated usage period, while revenue from contracted development continues to be recognized according to the degree of progress. - FY2022-Q1First statedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the first quarter. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The Company applied the accounting standards for revenue recognition and other related standards from the beginning of the first quarter. Revenue from in-house published app and in-game purchases is recognized based on the estimated usage period, while revenue from contracted development is recognized according to the degree of progress toward satisfying performance obligations. As a result, quarterly net sales, operating loss, ordinary loss and pretax quarterly net loss each decreased by ¥15.182 million.