Application of the Accounting Standard for Revenue Recognition and Revenue Recognition Over Time
First written in FY2022-Q1. 9 of 10 entries say "Restated". Latest entry: 2026-06-04.
98 other companies' latest entry also says "Restated".
- 2026-06-04RestatedGeneral Meeting of Shareholders
「Contracts under which performance obligations are satisfied over a period of time include fixed-price contracts and quasi-mandate contracts for system development. For these contracts, the progress toward satisfying performance obligations is estimated based on the ratio of cumulative actual costs incurred to the estimated total costs at the end of the fiscal year, and revenue is recognized over time based on that progress.」
The revenue recognition policy based on progress toward completion is reiterated for performance obligations satisfied over time. - FY2026-H1RestatedAnnual report
「Goods transferred over time 3,873,697 9,803,502 6,366,155 3,000,464 23,043,819」
The Company continues to recognize revenue based on the degree of progress for contracts under which performance obligations are satisfied over time. Revenue from transfers over time for the current interim consolidated accounting period was ¥23,043,819 thousand. - FY2025-H1RestatedAnnual report
「Goods transferred over time 3,317,878 9,515,402 5,774,037 2,550,291 21,157,610」
The Company continues to recognize revenue based on the degree of progress for contracts under which performance obligations are satisfied over time. Revenue from transfers over time for the current interim consolidated accounting period was ¥21,157,610 thousand. - FY2024-Q3RestatedAnnual report
「Goods transferred over a period of time 4,600,793 12,939,632 7,570,702 3,333,802 28,444,929」
The company continues to recognize revenue over a period of time, with cumulative nine-month revenue transferred over a period of time amounting to ¥28,444,929 thousand. - FY2024-Q1RestatedAnnual report
「Goods transferred over a period of time」
The company continues to recognize revenue over a period of time, with revenue transferred over a period of time in the first quarter amounting to ¥8,824,513 thousand. - FY2023RestatedAnnual report
「Contracts under which performance obligations are satisfied over a period of time include fixed-price contracts and quasi-mandate contracts for system development. For these contracts, the progress toward satisfying performance obligations is estimated based on the ratio of cumulative actual costs incurred to the estimated total costs at the end of the fiscal year, and revenue is recognized over time based on that progress.」
The company continues applying the revenue recognition standards and guidance and recognizes revenue based on progress toward satisfying performance obligations under contracts in which the obligations are satisfied over a period of time. - FY2023-Q3RestatedAnnual report
「Goods transferred over a period of time」
In its revenue recognition disclosures, the company reports ¥25,327,197 thousand for goods transferred over a period of time and continues to present figures under the post-adoption treatment for revenue recognized over a period of time. - FY2022-Q3RestatedAnnual report
「As a result, for the cumulative third quarter, revenue increased by ¥414 million, cost of sales by ¥315 million, and operating profit, ordinary profit and quarterly profit before income taxes by ¥99 million each. The opening balance of retained earnings also increased by ¥12 million.」
The company continued applying the revenue recognition standards and guidance and recognized revenue based on progress toward satisfying performance obligations over a period of time. For the cumulative third quarter, revenue increased by ¥414 million and operating profit and other relevant figures by ¥99 million. - FY2022-Q2RestatedAnnual report
「The company applied the revenue recognition standards and guidance from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services. Accordingly, for contracts previously accounted for under the completed-contract method in which performance obligations are satisfied over a period of time, the company changed to a method of recognizing revenue over that period based on the progress toward satisfying the performance obligation, estimated using the degree of progress. As a result, for the cumulative second quarter, revenue increased by ¥150 million, cost of sales by ¥131 million, and operating profit, ordinary profit and quarterly profit before income taxes by ¥19 million each. The opening balance of retained earnings also increased by ¥12 million.」
The company continued applying the revenue recognition standards and guidance from the beginning of the first quarter and recognized revenue based on progress toward satisfying performance obligations over a period of time. For the cumulative second quarter, revenue increased by ¥150 million and operating profit and other relevant figures by ¥19 million. - FY2022-Q1First statedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and the Implementation Guidance on the Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, 26 March 2021; collectively, the “revenue recognition standards and guidance”) from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the point when control of promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services. Accordingly, for contracts previously accounted for under the completed-contract method in which performance obligations are satisfied over a period of time, the company changed to a method of recognizing revenue over that period based on the progress toward satisfying the performance obligation, estimated using the degree of progress. As a result, for the cumulative first quarter, revenue increased by ¥250 million, cost of sales by ¥190 million, and operating profit, ordinary profit and quarterly profit before income taxes by ¥60 million each. The opening balance of retained earnings also increased by ¥12 million.」
The revenue recognition standards and guidance were applied from the beginning of 1 April 2021, changing part of the completed-contract method to recognition over a period of time based on progress toward satisfying performance obligations. As a result, for the cumulative first quarter, revenue increased by ¥250 million, cost of sales by ¥190 million, operating profit, ordinary profit and quarterly profit before income taxes by ¥60 million each, and the opening balance of retained earnings by ¥12 million.