Application of the Revenue Recognition Accounting Standard and Related Standards
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2025.
6 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company has applied the “Accounting Standard for Accounting for Income Taxes and Local Taxes” and related standards from the beginning of the consolidated fiscal year. This had no impact on the consolidated financial statements for the consolidated fiscal year.」
The Company continued to apply the accounting standards revised in 2022 for the full fiscal year and reconfirmed that they had no impact on the consolidated financial statements. - FY2022RestatedAnnual report
「As a result, sales and cost of sales for the consolidated fiscal year decreased by ¥58,447 million each, but there was no impact on operating profit, ordinary profit or net profit before income taxes.」
The Company applied the revenue recognition accounting standard for the full fiscal year and disclosed that, although sales and cost of sales each decreased by ¥58,447 million, there was no impact on operating profit or other profit measures. - FY2022-Q3RestatedAnnual report
「As a result, sales and cost of sales for the cumulative third quarter of the consolidated fiscal year decreased by ¥43,567 million each, but there was no impact on operating profit, ordinary profit or quarterly net profit before income taxes.」
The Company continued to apply the revenue recognition accounting standard and disclosed that, although sales and cost of sales each decreased by ¥43,567 million on a cumulative basis, there was no impact on profit. - FY2022-Q2RestatedAnnual report
「As a result, sales and cost of sales for the cumulative second quarter of the consolidated fiscal year decreased by ¥28,899 million each, but there was no impact on operating profit, ordinary profit or quarterly net profit before income taxes.」
The Company continued to apply the revenue recognition accounting standard and disclosed that, although sales and cost of sales each decreased by ¥28,899 million on a cumulative first-half basis, there was no impact on profit. - FY2022-Q1First statedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the current first-quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
The Company began applying the Accounting Standard for Revenue Recognition and related standards from 1 April 2021, changing to net presentation for transactions conducted as an agent and recognizing revenue as performance obligations under construction contracts are satisfied. As a result, sales and cost of sales for the first quarter decreased by ¥14,288 million each, but there was no impact on operating profit, ordinary profit or quarterly net profit before income taxes.