Adoption of the revenue recognition accounting standard
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2023-Q1.
91 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「Information disaggregating revenue arising from contracts with customers」
Even after applying the Revenue Recognition Standard, the company continues to disclose revenue separately for the HENNGE One business and the Professional Services and Other businesses. - FY2022RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Accounting Standard") and related standards from the beginning of the consolidated fiscal year. 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.」
The company applied the Revenue Recognition Standard for the full fiscal year and presents unearned revenue as a contract liability. Contract liabilities at the end of the fiscal year amounted to ¥2,350,583 thousand. - FY2022-Q3RestatedAnnual report
「The Company 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. 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 transfers to the customer.」
The company has continued to apply the Revenue Recognition Standard adopted from the first quarter and presents unearned revenue as a contract liability. - FY2022-Q2RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards from the beginning of the first quarter of the current consolidated fiscal year. 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.」
The company has continued to apply the Revenue Recognition Standard adopted from the first quarter and presents unearned revenue as a contract liability. - FY2022-Q1First statedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards from the beginning of the first quarter of the current consolidated fiscal year. 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.」
The company applied the Revenue Recognition Standard and other standards from the beginning of the first quarter of the current consolidated fiscal year and changed to a method of recognizing revenue based on progress for contracts in which performance obligations are satisfied over time. Unearned revenue is presented as a contract liability.