Adoption of the Revenue Recognition Standard from the Fiscal Year Ending March 2022
First written in FY2018. 3 of 15 entries say "Restated". Latest entry: FY2026-H1.
- FY2026-H1Update to interim revenue disaggregation informationAnnual report
「Revenue recognized at a point in time ¥188,806 million ¥207,297 million Revenue recognized over time ¥2,733 million ¥2,722 million Revenue from contracts with customers ¥191,540 million ¥210,020 million Other revenue ¥446 million ¥432 million Sales to external customers ¥191,986 million ¥210,452 million」
For the current interim period after adoption of the Revenue Recognition Accounting Standard, the company updated the breakdown of revenue by timing of recognition, including revenue from contracts with customers of ¥210,020 million and sales to external customers of ¥210,452 million. - FY2025-H1Update to interim revenue disaggregation informationAnnual report
「Revenue recognized at a point in time ¥194,248 million ¥188,806 million Revenue recognized over time ¥2,760 million ¥2,733 million Revenue from contracts with customers ¥197,009 million ¥191,540 million Other revenue ¥474 million ¥446 million Sales to external customers ¥197,483 million ¥191,986 million」
For the interim consolidated accounting period after adoption of the Revenue Recognition Accounting Standard, the company updated the breakdown of revenue by timing of recognition, including revenue from contracts with customers of ¥191,540 million and sales to external customers of ¥191,986 million. - FY2024Update to annual revenue disaggregation informationAnnual report
「Revenue recognized at a point in time ¥397,229 million Revenue recognized over time ¥5,528 million Revenue from contracts with customers ¥402,757 million Other revenue ¥935 million Sales to external customers ¥403,692 million」
For the fiscal year ending March 2024 after adoption of the Revenue Recognition Accounting Standard, the company updated the breakdown of revenue by timing of recognition, including revenue from contracts with customers of ¥402,757 million. - FY2024-Q3Update to quarterly revenue disaggregation informationAnnual report
「Revenue recognized at a point in time ¥300,870 million ¥302,440 million Revenue recognized over time ¥4,054 million ¥4,146 million Revenue from contracts with customers ¥304,924 million ¥306,586 million Other revenue ¥718 million ¥703 million Sales to external customers ¥305,642 million ¥307,290 million」
For the cumulative third quarter after adoption of the Revenue Recognition Accounting Standard, the company updated the breakdown of revenue by timing of recognition, including revenue from contracts with customers of ¥306,586 million and sales to external customers of ¥307,290 million. - FY2024-Q2Update to quarterly revenue disaggregation informationAnnual report
「Revenue recognized at a point in time ¥194,752 million ¥194,248 million Revenue recognized over time ¥2,689 million ¥2,760 million Revenue from contracts with customers ¥197,442 million ¥197,009 million Other revenue ¥476 million ¥474 million Sales to external customers ¥197,918 million ¥197,483 million」
For the cumulative second quarter after adoption of the Revenue Recognition Accounting Standard, the company updated the breakdown of revenue by timing of recognition, including revenue from contracts with customers of ¥197,009 million and sales to external customers of ¥197,483 million. - FY2024-Q1Update to quarterly revenue disaggregation informationAnnual report
「Revenue recognized at a point in time ¥93,023 million ¥88,764 million Revenue recognized over time ¥1,337 million ¥1,378 million Revenue from contracts with customers ¥94,361 million ¥90,142 million Other revenue ¥240 million ¥234 million Sales to external customers ¥94,601 million ¥90,377 million」
For the first quarter after adoption of the Revenue Recognition Accounting Standard, the company updated the breakdown by timing of recognition, including revenue from contracts with customers of ¥90,142 million and sales to external customers of ¥90,377 million. - FY2023-Q3Update to quarterly revenue disaggregation informationAnnual report
「Revenue recognized at a point in time ¥302,519 million ¥300,870 million Revenue recognized over time ¥3,806 million ¥4,054 million Revenue from contracts with customers ¥306,326 million ¥304,924 million Other revenue ¥730 million ¥718 million Sales to external customers ¥307,056 million ¥305,642 million」
For the cumulative third quarter after adoption of the Revenue Recognition Accounting Standard, the company updated the breakdown of revenue by timing of recognition, including revenue from contracts with customers of ¥304,924 million. - FY2022Finalization of the annual impact of the Revenue Recognition Accounting StandardAnnual report
「As a result, compared with before adoption of the Revenue Recognition Accounting Standard and related standards, the consolidated balance sheet for the current consolidated fiscal year shows an increase of ¥9,194 million in contract liabilities under current liabilities, a decrease of ¥3,369 million in the provision for points, an increase of ¥14,860 million in contract liabilities under non-current liabilities, and a decrease of ¥5,831 million in the provision for product warranties.」
The Revenue Recognition Accounting Standard was adopted from the beginning of the fiscal year, and the company disclosed the actual results, including the recognition of contract liabilities and decreases in the provisions for points and product warranties. Net sales decreased by ¥6,353 million, operating income and ordinary income each decreased by ¥45 million, and opening retained earnings decreased by ¥4,871 million. - FY2022-Q3Update to the cumulative quarterly impact of the Revenue Recognition Accounting StandardAnnual report
「As a result, for the cumulative third quarter of the current fiscal year, net sales decreased by ¥4,679 million, cost of sales increased by ¥723 million, selling, general and administrative expenses decreased by ¥5,363 million, and operating income, ordinary income and quarterly net income before income taxes each decreased by ¥39 million. In addition, the opening balance of retained earnings decreased by ¥4,871 million.」
The company disclosed the cumulative third-quarter impact of adopting the Revenue Recognition Accounting Standard and related standards: net sales decreased by ¥4,679 million, operating income, ordinary income and related items each decreased by ¥39 million, and the opening balance of retained earnings decreased by ¥4,871 million. - FY2022-Q2Update to the cumulative quarterly impact of the Revenue Recognition Accounting StandardAnnual report
「As a result, for the cumulative second quarter of the current fiscal year, net sales decreased by ¥3,580 million, cost of sales increased by ¥367 million, selling, general and administrative expenses decreased by ¥3,506 million, and operating income, ordinary income and quarterly net income before income taxes each decreased by ¥441 million. In addition, the opening balance of retained earnings decreased by ¥4,871 million.」
The company disclosed the cumulative second-quarter impact of adopting the Revenue Recognition Accounting Standard and related standards: net sales decreased by ¥3,580 million, operating income, ordinary income and related items each decreased by ¥441 million, and the opening balance of retained earnings decreased by ¥4,871 million. - FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Accounting Standard”) and related standards were adopted from the beginning of the first quarter of the current fiscal year. 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 services that award points at the time of sale, the company has changed from its previous method of recognizing revenue at the time of sale and recording as a provision the discounts expected to be required for future exchanges for points. Where the points awarded provide the customer with a material right, the points are identified as a performance obligation, and the transaction price is allocated based on the standalone selling price calculated taking into account the expected future expiration of the points and other factors.」
The company adopted the Revenue Recognition Accounting Standard from the beginning of the fiscal year ending March 2022 and changed to a method that identifies points as performance obligations. As a result of the adoption, first-quarter net sales decreased by ¥1,337 million, while operating income and ordinary income each increased by ¥71 million. - FY2021RestatedAnnual report
「(2) Scheduled adoption date The standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adoption of the accounting standards The impact was under evaluation when the consolidated financial statements were prepared.」
The company has reconfirmed its policy of adopting the Accounting Standard for Revenue Recognition from the beginning of the fiscal year ending March 2022 and continuing to assess its impact. - FY2020RestatedAnnual report
「Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020).」
The Accounting Standard for Revenue Recognition is scheduled to be adopted from the beginning of the fiscal year ending March 2022, and the impact continues to be assessed. - FY2019RestatedAnnual report
「(2) Scheduled adoption date The standards are scheduled to be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adoption of the accounting standards The impact was under evaluation when the consolidated financial statements were prepared.」
The company plans to apply the revenue recognition accounting standard from the beginning of the fiscal year ending March 2022 and continues to evaluate the impact. - FY2018First statedAnnual report
「• Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 30 March 2018) (1) Overview This is a comprehensive accounting standard for revenue recognition. (2) Scheduled adoption date The standard is scheduled to be adopted from the beginning of the fiscal year ending March 2022. (3) Impact of adopting the accounting standard and related standards The amount of the impact is being assessed in preparing the consolidated financial statements.」
The new accounting standard for revenue recognition is scheduled to be adopted from the beginning of the fiscal year ending March 2022, and the impact on the financial statements is being assessed.