Change in presentation classification of operating accrued revenue and operating accounts receivable
First written in FY2023-Q1. 1 of 4 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2024.
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- FY2024Separate presentation of accrued revenueAnnual report
「In the previous consolidated fiscal year, accrued revenue was included in Other under Current assets. To improve clarity, it has been presented separately from the current consolidated fiscal year.」
In addition to the previous classification as operating accrued revenue and operating accounts receivable, accrued revenue previously included in Other under Current assets was presented separately. - FY2023-Q3RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the Company has changed its presentation of accrued revenue. Previously, certain amounts from revenue from the money-lending business and revenue from the real estate leasing business were combined and recorded as accrued revenue. To more appropriately reflect the substance of its operating activities, revenue from the money-lending business is now recorded as operating accrued revenue, while revenue from the real estate leasing business is recorded as operating accounts receivable. To reflect this change, the Company also reclassified the presentation in the consolidated balance sheet for the previous consolidated fiscal year.」
The change in presentation classification to operating accrued revenue and operating accounts receivable introduced from the first quarter continues to be applied. No further change in presentation has been disclosed this time. - FY2023-Q2AdvancedAnnual report
「From the second quarter of the current consolidated fiscal year, the Company has changed its presentation of the change in deferred revenue related to revenue from the real estate leasing business. Previously, this amount was combined with and presented under Other in cash flows from operating activities. To more appropriately reflect the substance of cash flows from operating activities, it is now presented separately as the change in deferred revenue.」
In addition to changing the presentation classification to operating accrued revenue and operating accounts receivable from the first quarter, the Company changed its method from the second quarter cumulative period to present the change in deferred revenue separately in the statement of cash flows. - FY2023-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, the Company has changed its presentation of accrued revenue. Previously, certain amounts from revenue from the money-lending business and revenue from the real estate leasing business were combined and recorded as accrued revenue. To more appropriately reflect the substance of its operating activities, revenue from the money-lending business is now recorded as operating accrued revenue, while revenue from the real estate leasing business is recorded as operating accounts receivable.」
The Company changed the presentation of revenue from the money-lending business and revenue from the real estate leasing business from accrued revenue to operating accrued revenue and operating accounts receivable, respectively, and reclassified the balance sheet for the previous consolidated fiscal year.