Five-step revenue recognition under IFRS 15
First written in FY2019-Q1. 6 of 7 entries say "Restated". Latest entry: FY2025.
16 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「For contracts with customers, excluding interest and dividend income and other items covered by IFRS 9, the Group recognizes revenue by applying the following 5 steps.」
The Company continues to recognize revenue under the 5 steps of IFRS 15: identifying contracts, identifying performance obligations, determining the transaction price, allocating the price and recognizing revenue when performance obligations are satisfied. - FY2024RestatedAnnual report
「For contracts with customers, excluding interest and dividend income and other items covered by IFRS 9, the Company recognizes revenue by applying the following 5 steps.」
The Company continues to recognize revenue under the 5-step model of IFRS 15. - FY2023RestatedAnnual report
「For contracts with customers, excluding interest and dividend income and other items covered by IFRS 9, the Company recognizes revenue by applying the following 5 steps.」
The Company continues to recognize revenue under the 5-step model of IFRS 15. - FY2020RestatedAnnual report
「For contracts with customers, excluding interest and dividend income and other items covered by IFRS 9, the Company recognizes revenue by applying the following 5 steps.」
The Company continues to recognize revenue under the 5 steps of IFRS 15: identifying contracts, identifying performance obligations, determining the transaction price, allocating the price and recognizing revenue when performance obligations are satisfied. - FY2019RestatedAnnual report
「As a result, compared with applying the previous accounting standards, revenue and cost of revenue each increased by ¥158 million in the income statement for the current fiscal year. There was no impact on operating profit or profit for the year.」
The Company continues to recognize revenue under the 5-step model of IFRS 15. In the current fiscal year, revenue and cost of revenue each increased by ¥158 million, with no impact on operating profit or profit for the year. - FY2019-Q2RestatedAnnual report
「As a result, compared with applying the previous accounting standards, revenue and cost of revenue each increased by ¥129 million in the condensed quarterly income statement for the six months ended the current second quarter. There was no impact on operating profit or quarterly profit.」
The Company continues to recognize revenue under the 5-step model of IFRS 15. As a result of its application, revenue and cost of revenue for the six months ended the current second quarter each increased by ¥129 million, with no impact on operating profit or quarterly profit. - FY2019-Q1First statedAnnual report
「Upon adopting IFRS 15, the Company recognizes revenue by applying the following 5 steps, excluding interest and dividend income and other items covered by IFRS 9.」
From the current first quarter, the Company adopted IFRS 15 and introduced the 5 steps of identifying the contract, identifying performance obligations, determining the transaction price, allocating the price and recognizing revenue when performance obligations are satisfied. As a result of the adoption, revenue and cost of revenue for the quarter each increased by ¥21 million, with no impact on operating profit or quarterly profit.