Revenue Recognition Risk for Upfront Contract Payments and Milestone Payments under License Agreements
First written in FY2023. 3 of 4 entries say "Restated". Latest entry: FY2025-H1.
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- FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
ライセンス契約等の契約一時金・マイルストーン達成金の収益認識リスクについて、新規発生または重要な変更はないとしている。 - FY2024RestatedAnnual report
「Because of the complexity of these transactions and other factors, errors may arise in determining when revenue should be recognized, which could affect the Group’s financial results.」
ライセンス契約等の契約一時金・マイルストーン達成金の収益認識時点に関するリスクを継続して記載している。 - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
ライセンス契約等の契約一時金・マイルストーン達成金の収益認識リスクについて、新規発生または重要な変更はないとしている。 - FY2023First statedAnnual report
「Because of the complexity of these transactions and other factors, errors may arise in determining when revenue should be recognized, which could affect the Group’s financial results.」
First separately disclosed the risk of errors in determining the timing of revenue recognition for upfront and milestone payments under license agreements.