Changes in Revenue Recognition and Presentation Methods Due to the Application of the Accounting Standard for Revenue Recognition
First written in FY2023-Q1. 3 of 5 entries say "Restated". Latest entry: FY2025-Q1.
24 other companies' latest entry also says "Restated".
- FY2025-Q1RestatedAnnual report
「There were no material changes to significant accounting estimates or the assumptions used in those estimates during the cumulative first-quarter consolidated period.」
It states that there were no material changes during the quarter to significant accounting estimates or the assumptions used. - FY2023AdvancedAnnual report
「As a result, for the consolidated fiscal year, revenue decreased by ¥14,683 million and cost of sales decreased by ¥10,636 million, while operating revenue increased by ¥5,440 million. Selling, general and administrative expenses increased by ¥1,362 million, operating profit increased by ¥31 million, and ordinary profit and profit before income taxes increased by ¥32 million.」
For the full-year application of the revenue recognition standard, the company disclosed the amounts of the impact on revenue, cost of sales, operating revenue, selling, general and administrative expenses, and profit. - FY2023-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 other standards from the beginning of the first quarter of the consolidated fiscal year. Because the accounting treatment used for comparison differs, the year-on-year percentage change in operating revenue is not presented.」
Regarding the revenue recognition standard applied from the first quarter, the company continued to explain its impact on year-on-year comparisons in the third quarter. - FY2023-Q2RestatedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “revenue recognition standard”) and other standards from the beginning of the first quarter of the consolidated fiscal year. Because the accounting treatment used for comparison differs, the year-on-year percentage change in operating revenue is not presented.」
Regarding the revenue recognition standard applied from the first quarter, the company continued to explain its impact on comparative presentation and post-application results in the second quarter. - FY2023-Q1First statedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter of the current consolidated fiscal year. Revenue is recognized at the amount expected to be received in exchange for promised goods or services when control of those goods or services is transferred to the customer.」
The company applied the revenue recognition standard from 1 March 2022 and changed the revenue recognition methods for principal-versus-agent transactions, points on maruca cards, gift certificates and discount coupons. As a result of the application, operating profit for the first quarter increased by ¥11 million, ordinary profit and other income increased by ¥14 million, and the opening balance of retained earnings decreased by ¥10 million.