Application of the Revenue Recognition Accounting Standards and Related Requirements and Presentation of Contract Liabilities
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q1.
13 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「We applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021) from the beginning of the first quarter accounting period. In accordance with the transitional treatment specified in Paragraph 27-2 of the guidance, the new accounting policies prescribed by the guidance will be applied prospectively. There was no impact on the quarterly financial statements.」
The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement from the beginning of the period and reaffirmed its policy of applying the new accounting policy prospectively. It states that there is no impact on the financial statements. - FY2022-Q3RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition and other related standards from the beginning of the first quarter. Revenue is recognised 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 continues to apply the revenue recognition accounting standards and other standards and the method for recognizing revenue on the unused portion of its own gift certificates. - FY2022-Q1First statedAnnual report
「The company applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter 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. Accordingly, for the unused portion of the company's own gift certificates, revenue is recognized proportionately based on the expected redemption rate.」
The company applied the revenue recognition accounting standards and other standards from the beginning of the period and changed the method for recognizing revenue on the unused portion of its own gift certificates. On the balance sheet, advance receipts are presented as contract liabilities.