Application of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2022-Q1. . Latest entry: FY2022.
11 other companies' latest entry also says "Other".
- FY2022Update of the full-year impact of applying the revenue recognition standardAnnual report
「As a result, for the current consolidated fiscal year, net sales decreased by ¥33 million, cost of sales decreased by ¥7 million, and operating profit decreased by ¥26 million.」
The Company disclosed that application of the Revenue Recognition Standard for the fiscal year reduced net sales by ¥33 million and operating profit by ¥26 million. - FY2022-Q3Update of the impact of applying the revenue recognition standardAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal period, net sales decreased by ¥65 million, cost of sales decreased by ¥25 million, operating profit decreased by ¥40 million, and ordinary profit and profit before income taxes decreased by ¥20 million each.」
The Company disclosed that application of the Revenue Recognition Standard reduced net sales by ¥65 million, operating profit by ¥40 million, and ordinary profit and profit before income taxes by ¥20 million for the cumulative third quarter. - FY2022-Q2Update of the impact of applying the revenue recognition standardAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal period, net sales decreased by ¥26 million, cost of sales decreased by ¥16 million, and operating profit, ordinary profit and profit before income taxes decreased by ¥10 million each.」
The Company disclosed that application of the Revenue Recognition Standard reduced net sales by ¥26 million and operating profit and other items by ¥10 million for the cumulative second quarter. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal period, the Group has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and other standards. Accordingly, 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 is transferred to the customer.」
From the beginning of the first quarter of the current consolidated fiscal period, the Group applied the Revenue Recognition Standard and related standards, changing its methods for recognizing transactions involving the receipt of goods for consideration and variable consideration. As a result of the application, net sales decreased by ¥23 million and operating profit and other items decreased by ¥14 million.