Adoption of the Revenue Recognition Standard
First written in FY2022-Q2. . Latest entry: FY2022.
83 other companies' latest entry also says "Other".
- FY2022Annual Impact Amount UpdatedAnnual report
「As a result, net sales for the consolidated fiscal year increased by ¥57 million, cost of sales increased by ¥280 million and selling, general and administrative expenses decreased by ¥223 million, while operating income, ordinary income and profit before income taxes and other adjustments for the year were unaffected.」
The annual application of the Revenue Recognition Standard and related standards increased net sales by ¥57 million and cost of sales by ¥280 million and decreased selling, general and administrative expenses by ¥223 million, while there was no impact on operating income or related items. - FY2022-Q3Update to the cumulative first 3-quarter impact amountsAnnual report
「As a result, net sales for the cumulative third quarter consolidated accounting period increased by ¥42 million, cost of sales increased by ¥223 million and selling, general and administrative expenses decreased by ¥181 million, while operating income, ordinary income and profit before income taxes and other adjustments for the quarter were unaffected. There was also no impact on the beginning balance of retained earnings.」
The presentation impact amounts for the cumulative first 3 quarters arising from the application of the Revenue Recognition Standard and related standards were updated. Net sales increased by ¥42 million, cost of sales increased by ¥223 million and selling, general and administrative expenses decreased by ¥181 million, while there was no impact on operating income or related items. - FY2022-Q2First statedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and related standards were applied from the beginning of the first quarter consolidated 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.」
The Revenue Recognition Standard and related standards were applied from the beginning of the first quarter of fiscal 2021. Net sales increased by ¥29 million, cost of sales increased by ¥152 million and selling, general and administrative expenses decreased by ¥123 million, while there was no impact on operating income, ordinary income or profit before income taxes and other adjustments for the quarter.