Changes in Revenue Recognition Methods Following Adoption of the Revenue Recognition Accounting Standard
First written in FY2023-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023.
35 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Accounting Standard for Revenue Recognition and related standards have been applied from the beginning of the 67th fiscal year, and all figures for the 67th fiscal year reflect application of these standards. Year-on-year comparisons and changes from the previous fiscal year are calculated by comparing them with performance for the 66th fiscal year before application of these standards.」
The Accounting Standard for Revenue Recognition continues to be applied to the full-year figures for the 67th fiscal year, and the method used for year-on-year comparisons is also specified. - FY2023-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter, and the figures for the third quarter of the fiscal year ending February 2023 reflect application of these accounting standards and related standards.」
The figures based on the Accounting Standard for Revenue Recognition and related standards applied from the beginning of the first quarter continue to be applied to performance for the cumulative third quarter. - FY2023-Q2RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards have been applied from the beginning of the first quarter, and the figures for the second quarter of the fiscal year ending February 2023 reflect application of these accounting standards and related standards.」
The figures based on the Accounting Standard for Revenue Recognition and related standards applied from the beginning of the first quarter continue to be applied to performance for the cumulative second quarter. - FY2023-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 Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the 67th fiscal year, changing its revenue recognition methods for transactions as an agent, discount coupons for internet sales, and gift certificates issued by the Company. Although the application changed the presentation of revenue and other items, it had no impact on ordinary income or quarterly income before income taxes.