Decrease in Net Sales and Retained Earnings Due to Adoption of the Accounting Standard for Revenue Recognition
First written in FY2023-Q1. . Latest entry: FY2023-Q3.
83 other companies' latest entry also says "Other".
- FY2023-Q3Increase in the cumulative impact of applying the revenue recognition standardAnnual report
「As a result, revenue for the first nine months of the current consolidated fiscal period decreased by ¥145.413 million, cost of sales decreased by ¥141.210 million, and operating profit, ordinary profit and profit before income taxes each decreased by ¥4.202 million. For details, please refer to “Section 4 (Accounting Status), 1 (Quarterly Consolidated Financial Statements), (Notes), (Changes in Accounting Policies, etc.), (Application of Accounting Standards for Revenue Recognition, etc.).”」
The impact of applying the revenue recognition accounting standards and related guidance for the first nine months was a ¥145.413 million decrease in revenue, a ¥141.210 million decrease in cost of sales, and a ¥4.202 million decrease in operating profit and related measures. - FY2023-Q2Decrease in revenue and increase in profit from applying the revenue recognition standardAnnual report
「As a result, revenue for the first six months of the current consolidated fiscal period decreased by ¥91.561 million, cost of sales decreased by ¥97.823 million, and operating profit, ordinary profit and profit before income taxes each increased by ¥6.262 million. The opening balance of retained earnings also decreased by ¥15.853 million.」
Following the application of the revenue recognition accounting standards and related guidance, revenue and cost of sales decreased, operating profit and related measures increased by ¥6.262 million, and the opening balance of retained earnings decreased by ¥15.853 million. - FY2023-Q1First statedAnnual report
「As a result, revenue for the first quarter of the current consolidated fiscal period decreased by ¥52.219 million, cost of sales decreased by ¥47.262 million, and operating profit, ordinary profit and profit before income taxes each decreased by ¥4.956 million. The opening balance of retained earnings also decreased by ¥15.853 million.」
The company disclosed that, following the application of the revenue recognition accounting standards and related guidance, revenue, cost of sales, operating profit, ordinary profit, profit before income taxes and the opening balance of retained earnings for the first quarter of the current cumulative consolidated fiscal period decreased.