Application of the revenue recognition accounting standard
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the fiscal year. As a result, revenue for the nine-month period increased by ¥9 million, while operating profit, ordinary profit and profit before income taxes increased by ¥3 million each.」
The Company continues to apply the Revenue Recognition Standard adopted from the beginning of the first quarter of the fiscal year and has disclosed its impact on the nine-month period. - FY2022-Q2RestatedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current 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 transfers to the customer.」
The Company continues to apply the revenue recognition standard adopted from the beginning of the first quarter of the fiscal year, and disclosed increases of ¥11 million in revenue and ¥4 million each in operating profit and ordinary profit, among other items, for the six-month period. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we have applied the Accounting Standard for Revenue Recognition and related standards, and recognize revenue at the amount expected to be received in exchange for goods or services when control of the promised goods or services transfers to the customer.」
From the beginning of the first quarter of the fiscal year, the Company applied the revenue recognition standard and related standards and changed to a method of recognizing a refund liability for sales with a right of return. As a result, revenue increased by ¥7 million, operating profit and ordinary profit, among other items, each increased by ¥2 million, and retained earnings at the beginning of the period decreased by ¥47 million.