Adoption of the Revenue Recognition Standard and Net Presentation of Agent Transactions
First written in FY2022-Q1. 4 of 5 entries say "Restated". Latest entry: FY2025.
50 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards have been applied from the beginning of the ninth fiscal period. Accordingly, the key management indicators and other figures for the ninth fiscal period onward reflect application of these accounting standards.」
The accounting policy of applying the Revenue Recognition Standard to key management indicators and other figures has continued from the ninth fiscal period onward. - FY2022RestatedAnnual report
「The Accounting Standard for Revenue Recognition and other relevant standards have been applied from the beginning of the current fiscal year.」
Application of the Revenue Recognition Standard continued for the full year. The impact on revenue was minor, with no impact on profit, according to the disclosure. - FY2022-Q3RestatedAnnual report
「From the beginning of the first quarter accounting period, we adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards. Revenue is recognized 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.」
Application of the Revenue Recognition Standard and net presentation of revenue from agency transactions continued through the nine months ended in the third quarter. The impact on revenue and cost of sales is minor, with no impact on profit, according to the disclosure. - FY2022-Q2RestatedAnnual report
「The Revenue Recognition Standard and other relevant standards were applied from the beginning of the first quarter of the current accounting period. 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.」
Application of the Revenue Recognition Standard and net presentation of revenue from transactions for which the company acts as an agent have continued. The impact on revenue and cost of sales for the six months ended in the second quarter is minor, with no impact on profit, according to the disclosure. - FY2022-Q1First statedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the "Revenue Recognition Standard") and other relevant standards from the beginning of the first quarter of the current fiscal year. 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. Accordingly, for certain transactions in the healthcare business that previously required purchases, revenue had been recognized at the total consideration received from customers. For transactions in which the company's role in providing goods or services to customers qualifies as an agent, however, the company has changed to recognizing revenue on a net basis, after deducting the amount paid to suppliers from the amount received from customers.」
The Revenue Recognition Standard and other relevant standards were applied from the beginning of the first quarter of the current accounting period, changing the accounting policy to present revenue from transactions for which the company acts as an agent on a net basis. The impact on revenue and cost of sales is minor, with no impact on profit, according to the disclosure.