Consideration of the Application of the Accounting Standard for Revenue Recognition
First written in FY2019. 1 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2022.
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2022Finalisation of reported revenue following full-year adoptionAnnual report
「As a result, revenue for the fiscal year decreased by ¥313 million, while selling, general and administrative expenses also decreased by ¥313 million.」
The accounting standard for revenue recognition was applied for the full year, and the deduction of points payments and sales incentives from revenue reduced both revenue and selling, general and administrative expenses by ¥313 million. - FY2022-Q3Further reduction in reported revenue following adoptionAnnual report
「As a result, points paid in connection with customer loyalty programmes operated by other companies, which had previously been recorded as selling, general and administrative expenses, are now recognised as revenue net of those points payments. In addition, sales incentives, which had previously been recorded as selling, general and administrative expenses, are now deducted from the transaction price when revenue is recognised. As a result, revenue for the third quarter decreased by ¥263 million, while selling, general and administrative expenses also decreased by ¥263 million.」
Following adoption of the accounting standard for revenue recognition, the treatment of deducting points payments and sales incentives from revenue continued, reducing both revenue and selling, general and administrative expenses for the third quarter by ¥263 million. - FY2022-Q2Quantification of the reported revenue following adoptionAnnual report
「As a result, points paid in connection with customer loyalty programmes operated by other companies, which had previously been recorded as selling, general and administrative expenses, are now recognised as revenue net of those points payments. In addition, sales incentives, which had previously been recorded as selling, general and administrative expenses, are now deducted from the transaction price when revenue is recognised. As a result, revenue for the second quarter decreased by ¥202 million, while selling, general and administrative expenses also decreased by ¥202 million.」
Following adoption of the accounting standard for revenue recognition, points payments and sales incentives were deducted from revenue, reducing both revenue and selling, general and administrative expenses for the second quarter by ¥202 million. - FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards, and began recognizing revenue at the amount expected to be received in exchange for promised goods or services when control of those goods or services transfers to the customer.」
The accounting standard for revenue recognition, which was scheduled in FY2020 to be adopted from the beginning of the fiscal year ending March 2022, was actually adopted from the beginning of the first quarter of the current fiscal year. - FY2020AdvancedAnnual report
「The standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022.」
Regarding the accounting standard for revenue recognition, the company moved from stating in the previous fiscal year that the timing of adoption was under consideration to specifying adoption from the beginning of the fiscal year ending March 2022. The impact continues to be evaluated. - FY2019First statedAnnual report
「The timing of adoption is currently under consideration.」
The company disclosed for the first time that it is considering the timing of adoption of the accounting standards for revenue recognition and related standards, and is also evaluating the impact on the financial statements.