Application of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, for the cumulative third quarter, net sales decreased by ¥2,190 thousand, cost of sales increased by ¥1,493 thousand and selling, general and administrative expenses decreased by ¥3,694 thousand, but there was no impact on operating income, ordinary income or quarterly net income before income taxes.」
The Company continued applying the revenue recognition accounting standard and related standards adopted from the beginning of the first quarter and disclosed the impact on net sales and other items. It stated that there was no impact on operating income, ordinary income or quarterly net income before income taxes. - FY2022-Q2RestatedAnnual report
「As a result, for the cumulative second quarter, net sales decreased by ¥4,259 thousand, cost of sales increased by ¥84 thousand and selling, general and administrative expenses decreased by ¥3,359 thousand, but there was no impact on operating income, ordinary income or quarterly net income before income taxes.」
The Company continued applying the revenue recognition accounting standard and related standards adopted from the beginning of the first quarter, stating that net sales decreased by ¥4,259 thousand for the cumulative second quarter, while there was no impact on operating income or other profit figures. - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the current first-quarter accounting period. 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.」
The Company applied the revenue recognition accounting standard and related standards from the beginning of the first quarter. It changed the recognition methods for discounts, returns and points, reducing net sales by ¥12,773 thousand, but stated that there was no impact on operating loss, ordinary income or quarterly net income before income taxes.