Adoption of the revenue recognition standard
First written in FY2023-Q1. 3 of 6 entries say "Restated". Latest entry: FY2026.
25 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the 32nd fiscal year. Key management indicators for the 32nd fiscal year and thereafter reflect application of those standards.」
The Company continues to disclose adoption of the revenue recognition standard from the beginning of the 32nd fiscal year. - FY2025RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the 32nd fiscal year. Key management indicators for the 32nd fiscal year and thereafter reflect application of those standards.」
The note to key indicators continues to state that the revenue recognition standard was adopted from the beginning of the 32nd fiscal year. - FY2023RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the fiscal year. Key management indicators for the fiscal year reflect application of those standards.」
The annual report reiterates adoption of the revenue recognition standard from the beginning of the fiscal year. - FY2023-Q3Cumulative impact updatedAnnual report
「As a result, for the nine months ended 30 November, revenue and cost of sales each decreased by ¥7.599 million. There was no effect on gross profit, operating income, ordinary income or income before taxes.」
The cumulative impact was updated for the nine months ended 30 November. Revenue and cost of sales each decreased by ¥7.599 million, with no effect on profit measures. - FY2023-Q2Cumulative impact updatedAnnual report
「As a result, for the six months ended 31 August, revenue increased by ¥10.799 million and cost of sales by ¥7.217 million. Gross profit, operating income, ordinary income and income before taxes for the interim period each increased by ¥3.581 million.」
The cumulative impact of the revenue recognition standard for the six months ended 31 August was disclosed. - FY2023-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, dated 31 March 2020) and related standards from the beginning of the first quarter, and began recognizing revenue at the time control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange for those goods or services.」
The revenue recognition standard was adopted from the beginning of the first quarter. The method of recognizing revenue from commissioned software development and agency transactions changed, increasing first-quarter operating income and other measures by ¥0.763 million.