Revenue Recognition Based on Usage Period and Service Provision Period
First written in FY2020-Q1. 5 of 7 entries say "Restated". Latest entry: FY2022.
4 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「License revenue is generated from providing customers with TeamSpirit and TeamSpirit EX licenses. Because the Company determines that the performance obligation is satisfied by providing these services continuously over the license contract period, revenue is recognized over the contract period.」
Continued the policy of recognizing revenue from licenses and professional services over the contract period after the adoption of the revenue recognition standard. - FY2022-Q3RestatedAnnual report
「Accordingly, revenue from spot support and similar services, which was previously recognized when the contracted services were completed, is now recognized over a specified period as the performance obligation is satisfied.」
Reconfirmed the change to recognizing revenue from spot support and similar services over a specified period as the performance obligation is satisfied. - FY2022-Q2RestatedAnnual report
「Accordingly, revenue from spot support and similar services, which was previously recognized when the contracted services were completed, is now recognized over a specified period as the performance obligation is satisfied.」
Reconfirmed the change to recognizing revenue from spot support and similar services over a specified period as the performance obligation is satisfied. - FY2022-Q1ReframedAnnual report
「Accordingly, revenue from spot support and similar services, which was previously recognized when the contracted services were completed, is now recognized over a specified period as the performance obligation is satisfied.」
Following the adoption of the revenue recognition standard, changed revenue recognition for spot support and similar services from recognition upon completion of the services to allocation over the period in which the performance obligation is satisfied. - FY2020RestatedAnnual report
「Licenses: Revenue is recognized over the usage period stipulated in the contract. Professional services: Revenue is recognized when the contracted services are completed or over the service delivery period.」
Continued the revenue recognition policy for licenses and professional services. - FY2020-Q2RestatedAnnual report
「① Licenses: Revenue is recognized over the usage period stipulated in the contract. ② Professional services: Revenue is recognized when the contracted services are completed or over the service delivery period. Consideration received from customers that does not meet the above revenue recognition criteria is recorded under “deferred revenue.”」
Reproduced the same revenue recognition policy for licenses and professional services. - FY2020-Q1First statedAnnual report
「① Licenses: Revenue is recognized over the usage period stipulated in the contract. ② Professional services: Revenue is recognized when the contracted services are completed or over the service delivery period. Consideration received from customers that does not meet the above revenue recognition criteria is recorded under “deferred revenue.”」
Disclosed the policy of recognizing license revenue over the usage period and professional services revenue upon completion or over the service delivery period, with unrecognized amounts recorded as deferred revenue.