Changes in Revenue Recognition Methods בעקבות Application of the Revenue Recognition Accounting Standard
First written in FY2022-Q1. 3 of 4 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022.
6 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「As a result, compared with the previous method, revenue for the fiscal year decreased by ¥102.308 million, and selling, general and administrative expenses also decreased by ¥102.308 million.」
The annual impact of changes in the accounting treatment of loyalty-point contributions, wholesale center fees and other items following adoption of the revenue recognition standard was disclosed as ¥102.308 million. - FY2022-Q3AdvancedAnnual report
「As a result, compared with before the retrospective application, revenue for the first nine months of the fiscal year decreased by ¥82.659 million, and selling, general and administrative expenses also decreased by ¥82.659 million.」
The company disclosed the impact on revenue and selling, general and administrative expenses for the cumulative third-quarter period of changes in the treatment of point subsidies, center fees in wholesale sales and other items resulting from the application of the revenue recognition standard. - FY2022-Q2AdvancedAnnual report
「As a result, compared with before the retrospective application, revenue for the first six months of the fiscal year decreased by ¥50.643 million, and selling, general and administrative expenses also decreased by ¥50.643 million.」
The company disclosed the impact on the cumulative second-quarter period of changes in the treatment of point subsidies, center fees in wholesale sales and other items resulting from the application of the revenue recognition standard. - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition and related standards from the beginning of the first-quarter consolidated accounting period. Revenue is recognized at the point 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.」
The company applied the revenue recognition standard from the beginning of the fiscal year and changed its revenue recognition methods for points in online sales and center fees in wholesale sales. Compared with the previous method, first-quarter revenue and selling, general and administrative expenses each decreased by ¥25.390 million.