Application of the Accounting Standard for Revenue Recognition and Change to Refund Liabilities
First written in FY2022-Q1. . Latest entry: FY2022.
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2022Updated with full-year impactAnnual report
「As a result, revenue for the fiscal year decreased by ¥88 million, while operating profit, ordinary profit and income before income taxes for the fiscal year each decreased by ¥88 million. Retained earnings at the beginning of the fiscal year also decreased by ¥41 million.」
The impact of adopting the revenue recognition standard on full-year revenue and profit was finalized as a decrease of ¥88 million, while the impact on retained earnings at the beginning of the fiscal year was finalized as a decrease of ¥41 million. - FY2022-Q3Update to the Impact of Applying the Accounting StandardAnnual report
「As a result, revenue for the cumulative third quarter decreased by ¥63 million, while operating profit, ordinary profit and income before income taxes for the quarter each decreased by ¥63 million. Retained earnings at the beginning of the fiscal year also decreased by ¥41 million.」
The impact of adopting the revenue recognition standard on the cumulative third quarter was a ¥63 million decrease in revenue, operating profit, ordinary profit and other items. - FY2022-Q2Update to the Impact of Applying the Accounting StandardAnnual report
「As a result, revenue for the cumulative second quarter decreased by ¥85 million, while operating profit, ordinary profit and income before income taxes for the quarter each decreased by ¥85 million. Retained earnings at the beginning of the fiscal year also decreased by ¥41 million.」
The impact of adopting the revenue recognition standard on revenue, operating profit, ordinary profit and other items for the cumulative second quarter was a decrease of ¥85 million. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year and began recognizing revenue 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 Company adopted the revenue recognition standard from the beginning of the fiscal year and changed its treatment of sales with rights of return in the Fan Marketing segment from recognizing a provision for returns to recognizing a refund liability. As a result of the adoption, revenue, operating profit and ordinary profit for the quarter each decreased by ¥43 million, while retained earnings at the beginning of the fiscal year decreased by ¥41 million.