Application of the Revenue Recognition Accounting Standard and Presentation of Contract Liabilities and Refund Liabilities
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q2.
35 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「As a result of applying the revenue recognition standard and related standards, from the first quarter accounting period the company presents “advance receipts,” previously included under “current liabilities” on the balance sheet for the previous fiscal year, as “contract liabilities,” and presents “provision for refunds,” also previously included under “current liabilities,” as “refund liabilities.”」
The company continues to disclose the change in presentation to contract liabilities and refund liabilities following the adoption of the revenue recognition standard. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter accounting period, we applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards, and recognize revenue 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 accounting period, the company applied the revenue recognition standard and related standards, introducing an accounting policy under which advance receipts and provisions for refunds are presented on the balance sheet as contract liabilities and refund liabilities, respectively.