Application of the Revenue Recognition Standard from the Fiscal Year Ending October 2022
First written in FY2021. 6 of 8 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The company identifies referring users to client companies through its portal sites, including through inquiries and requests for information, as a performance obligation and recognizes revenue when the referral is made.」
For performance-based revenue after adoption of the Revenue Recognition Standard, the method of recognizing revenue when users are referred to client companies was reaffirmed. For banners and similar advertisements displayed for a specified period, revenue is recognized over the display period. - FY2024RestatedAnnual report
「The company uses a performance-based billing system on its major portal sites, under which users make inquiries or request information from client companies through the company's portal sites and the company receives compensation based on the resulting outcomes. The company identifies referring users to client companies through its portal sites, including through inquiries and requests for information, as a performance obligation and recognizes revenue when the referral is made.」
The annual financial statements confirmed that performance-based revenue is recognized when users are referred to client companies under the revenue recognition method applied after adoption of the Revenue Recognition Standard. - FY2023RestatedAnnual report
「The company uses a performance-based billing system on its major portal sites, under which users make inquiries or request information from client companies through the company's portal sites and the company receives compensation based on the resulting outcomes.」
The annual financial statements confirmed that performance-based revenue is recognized when users are referred to client companies under the revenue recognition method applied after adoption of the Revenue Recognition Standard. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and related standards have been applied from the beginning of the fiscal year. Revenue is recognized 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 annual financial statements confirmed the application from the beginning of the fiscal year of the Revenue Recognition Standard, which had been applied from the first quarter, as well as the recognition of refund liabilities and contract liabilities. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter accounting period. Accordingly, the key management indicators and other information for the nine months ended the third quarter and the third quarter accounting period are based on the application of these standards.」
The application of the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter accounting period continued through the third quarter. - FY2022-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter accounting period. Accordingly, the key management indicators and other information for the six months ended the second quarter and the second quarter accounting period are based on the application of these standards.」
The application of the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter accounting period continued through the second quarter. Presentation of refund liabilities and contract liabilities relating to performance-based revenue also continued. - FY2022-Q1AdvancedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter accounting period. Accordingly, the key management indicators and other information for the six months ended the first quarter are based on the application of these standards.」
The Accounting Standard for Revenue Recognition and related standards, which had been disclosed as scheduled for application from the fiscal year ending October 2022, were applied from the beginning of the first quarter accounting period. Presentation of refund liabilities and contract liabilities relating to performance-based revenue also began. - FY2021First statedAnnual report
「The Accounting Standard for Revenue Recognition and the Guidance on Accounting Standard for Revenue Recognition will be applied from the beginning of the fiscal year ending October 2022. The impact of applying these accounting standards and guidance on the financial statements is immaterial.」
The Accounting Standard for Revenue Recognition and the related guidance were scheduled to be applied from the beginning of the fiscal year ending October 2022, with the impact on the financial statements expected to be immaterial.