Preparation for adoption of the revenue recognition standard
First written in FY2018. 7 of 10 entries say "Restated". Latest entry: FY2026-H1.
0 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The company recognizes revenue when control of a promised good or service is transferred to the customer, at the amount it expects to receive in exchange for the good or service, and disaggregates revenue by major categories of goods and services.」
The company continues to recognize revenue upon the transfer of control and to disaggregate revenue by goods and services in accordance with the revenue recognition standard. - FY2024-Q1RestatedAnnual report
「The company recognizes revenue when control of a promised good or service is transferred to the customer, at the amount it expects to receive in exchange for the good or service, and disaggregates revenue by major categories of goods and services.」
The company continues to recognize revenue upon the transfer of control and to disaggregate revenue by goods and services in accordance with the revenue recognition standard. - FY2023-Q3RestatedAnnual report
「The company recognizes revenue when control of a promised good or service is transferred to the customer, at the amount it expects to receive in exchange for the good or service, and disaggregates revenue by major categories of goods and services.」
The company continues to recognize revenue upon the transfer of control and to disaggregate revenue by goods and services in accordance with the revenue recognition standard. - FY2023-Q2RestatedAnnual report
「The company recognizes revenue when control of a promised good or service is transferred to the customer, at the amount it expects to receive in exchange for the good or service, and disaggregates revenue by major categories of goods and services.」
The company continues to recognize revenue when control is transferred and to disaggregate revenue by goods and services in accordance with the revenue recognition standard. - FY2023-Q1RestatedAnnual report
「The company recognizes revenue when control of a promised good or service is transferred to the customer, at the amount it expects to receive in exchange for the good or service, and disaggregates revenue by major categories of goods and services.」
The company continues to recognize revenue when control is transferred to customers and to disaggregate revenue by goods and services in accordance with the revenue recognition standard. - FY2022-Q3RestatedAnnual report
「As a result, loyalty points contributions relating to customer loyalty programs operated by other companies, which had previously been recorded as selling, general and administrative expenses, are now treated by recognizing revenue net of loyalty points contributions. Consequently, net sales and selling, general and administrative expenses each decreased by ¥52 million.」
The company continued to apply the revenue recognition standard, deducting loyalty points contributions from net sales, and disclosed a ¥52 million impact on the cumulative period. - FY2022-Q2RestatedAnnual report
「As a result, loyalty points contributions relating to customer loyalty programs operated by other companies, which had previously been recorded as selling, general and administrative expenses, are now treated by recognizing revenue net of loyalty points contributions. Consequently, net sales and selling, general and administrative expenses each decreased by ¥34 million.」
The company continued to apply the revenue recognition standard, deducting loyalty points contributions from net sales, and disclosed a ¥34 million impact on the cumulative period. - FY2022-Q1AchievedAnnual report
「The Company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”), among others, from the beginning of the first quarter of the current consolidated fiscal year. 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 is transferred to the customer.」
The accounting standards for revenue recognition and related standards, previously scheduled for adoption from the beginning of the fiscal year ending March 2022, were adopted from the beginning of the current first-quarter consolidated accounting period. The treatment was changed so that loyalty points contributions are deducted from net sales, reducing both net sales and selling, general and administrative expenses by ¥11 million. - FY2020AdvancedAnnual report
「The Accounting Standard for Revenue Recognition and other standards will be applied from the beginning of the fiscal year ending March 2022.」
The timing of adoption of the accounting standards for revenue recognition and related standards was specified as the beginning of the fiscal year ending March 2022, instead of previously being under consideration. The impact is still being evaluated. - FY2018First statedAnnual report
「The timing of adoption of the Accounting Standard for Revenue Recognition and related standards is currently under consideration.」
The company is considering the timing of adoption of the new accounting standards for revenue recognition and is evaluating their impact on the consolidated financial statements.