Adoption of the Revenue Recognition Standard and Recognition of Revenue Over Time
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
91 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The revenue recognition accounting standard and related standards were applied from the beginning of the first quarter, and revenue is recognized when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
Continued applying the revenue recognition standard adopted from the first quarter. For the nine months ended the third quarter, the impact disclosed was a ¥947 million increase in net sales and a ¥740 million improvement in operating profit or loss. - FY2022-Q2RestatedAnnual report
「The revenue recognition accounting standard and related standards were applied from the beginning of the first quarter, and revenue is recognized when control of the promised goods or services is transferred to the customer, at the amount expected to be received in exchange for those goods or services.」
Continued applying the revenue recognition standard adopted from the first quarter. For the six months ended the second quarter, the impact disclosed was a ¥996 million increase in net sales and a ¥643 million improvement in operating profit or loss. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year and began recognizing revenue at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
Applied the revenue recognition standard and related standards from the beginning of the fiscal year, changing the method for recognizing revenue from contract manufacturing and various construction work to recognition over time as performance obligations are satisfied. The application increased quarterly net sales by ¥758 million and improved operating profit or loss by ¥251 million.