Adoption of New Accounting Standards for Revenue Recognition and Fair Value Measurement
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2023.
125 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In addition, from the current fiscal year, we have applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards.」
Continued disclosure of the application of the revenue recognition accounting standard and related standards in the full-year results. - FY2022RestatedAnnual report
「In addition, from the current fiscal year, we have applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and related standards.」
Continued disclosure of the application of the revenue recognition accounting standard and related standards in the full-year results. - FY2022-Q3RestatedAnnual report
「As a result, revenue and cost of sales for the cumulative third-quarter period decreased by ¥22.193 million.」
The Revenue Recognition Accounting Standard and other standards, applied from the beginning of the first-quarter accounting period, continued to be applied, and the impact on the cumulative third-quarter period was disclosed. - FY2022-Q2RestatedAnnual report
「As a result, revenue and cost of sales for the cumulative second-quarter period decreased by ¥10.758 million.」
The Revenue Recognition Accounting Standard continued to be applied from the beginning of the first-quarter accounting period, and the impact for the cumulative period was disclosed as ¥10.758 million. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and other standards were applied from the beginning of the first-quarter accounting period. 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. As a result, for certain transactions, the company previously recognized the total consideration received from customers as revenue. For transactions in which the company's role in providing goods or services to customers qualifies as that of an agent, revenue is now recognized on a net basis, after deducting the amount paid to the counterparty from the amount received from the customer.」
The Revenue Recognition Accounting Standard and other standards were applied from the beginning of the quarter, and agent transactions were changed to net revenue recognition. Revenue and cost of sales decreased by ¥2.453 million. The Accounting Standard for Fair Value Measurement and other standards were also applied at the same time.