Application of the Revenue Recognition Accounting Standard
First written in FY2022-Q1. 3 of 4 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022.
- FY2022AdvancedAnnual report
「As a result, compared with before application of the Accounting Standard for Revenue Recognition and other standards, the consolidated income statement for the current consolidated fiscal year shows a ¥779 million decrease in ordinary income, an ¥831 million decrease in ordinary expenses, and ¥51 million increases in both ordinary profit and net income before taxes.」
The company disclosed the specific cumulative impact on ordinary income, ordinary expenses and ordinary profit following full-year application of the Accounting Standard for Revenue Recognition. - FY2022-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, ordinary income decreased by ¥468 million, ordinary expenses decreased by ¥519 million, and ordinary profit and quarterly net income before taxes increased by ¥50 million each.」
For the cumulative third quarter following application of the Accounting Standard for Revenue Recognition, the company disclosed the cumulative impact on ordinary income, ordinary expenses and ordinary profit. - FY2022-Q2AdvancedAnnual report
「As a result, other liabilities on the consolidated interim balance sheet for the current interim consolidated accounting period increased by ¥120 million. On the consolidated interim income statement for the current interim consolidated accounting period, ordinary income decreased by ¥294 million, ordinary expenses decreased by ¥345 million, and ordinary profit and interim net income before taxes increased by ¥50 million each.」
The company disclosed the impact on interim results following application of the Accounting Standard for Revenue Recognition, including a ¥294 million decrease in ordinary income, a ¥345 million decrease in ordinary expenses, and a ¥50 million increase in ordinary profit. - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of the current consolidated fiscal year, and decided to 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.」
The company applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of fiscal 2021 and disclosed the impact: ordinary income decreased by ¥70 million, ordinary expenses decreased by ¥111 million, ordinary profit increased by ¥40 million, and retained earnings at the beginning of the period decreased by ¥119 million.