Adoption of the Revenue Recognition Accounting Standard and Changes in Revenue Recognition Methods
First written in FY2022-Q1. . Latest entry: FY2022.
0 other companies' latest entry also says "Other".
- FY2022Updated impact of accounting standard application to full-year resultsAnnual report
「As a result, in the consolidated income statement for the current consolidated fiscal year, sales decreased by ¥189.817 million and cost of sales decreased by ¥37.672 million, while operating profit, ordinary profit and profit before income taxes each decreased by ¥152.145 million.」
The company disclosed that application of the revenue recognition standard reduced full-year sales by ¥189.817 million and operating profit and other figures by ¥152.145 million. - FY2022-Q3Updated Impact of Accounting Standard AdoptionAnnual report
「As a result, for the nine months ended 31 December, sales decreased by ¥142 million and cost of sales decreased by ¥29 million, while operating profit, ordinary profit and profit before income taxes each decreased by ¥112 million.」
The company disclosed that application of the revenue recognition standard reduced sales by ¥142 million and operating profit and other figures by ¥112 million for the nine months ended December. - FY2022-Q2Updated Impact of Accounting Standard AdoptionAnnual report
「As a result, for the six months ended 30 September, sales decreased by ¥104 million and cost of sales decreased by ¥21 million, while operating profit, ordinary profit and profit before income taxes each decreased by ¥83 million.」
The company continued applying the revenue recognition standard and disclosed an impact of a ¥104 million decrease in sales and an ¥83 million decrease in operating profit and other figures for the six months ended September. - FY2022-Q1First statedAnnual report
「The company applied 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 applied the revenue recognition standard and related standards from the beginning of the current quarter, changing product purchasing and sales from gross to net recognition and Office Station agency sales from point-in-time recognition to recognition over the license period. As a result of the application, sales decreased by ¥47 million and operating profit and other figures decreased by ¥34 million in the current quarter.