Giken (6289) · InitiativeRestated
Launch of standalone sales of the Giken Maintenance System
First written in FY2016-Q3. 1 of 2 entries say "Restated". Latest entry: FY2016.
2entries
1years
0from disclosures
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Standalone sales and separate revenue classification for the maintenance systemA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2016RestatedAnnual report
「The adoption of a new accounting treatment resulted from the 技研メンテナンスシステム shifting from being routinely sold as a package with products through the previous fiscal year to standalone sales from the current fiscal year, making it possible to clearly record maintenance revenue separately.」
The shift from package sales with products to standalone sales, together with the separate recording of maintenance revenue, was confirmed. - FY2016-Q3First statedAnnual report
「The 技研メンテナンスシステム had always been sold as a package with products through the previous consolidated fiscal year, but standalone sales began in the first quarter of the current consolidated fiscal year.」
The maintenance system, which had been sold only as part of a product package, began to be sold on a standalone basis, enabling maintenance revenue to be recorded separately.