Changes in Revenue Presentation and Point Accounting Following Adoption of the Revenue Recognition Accounting Standard
First written in FY2022-Q1. 5 of 6 entries say "Restated". Latest entry: 2026-04-15.
24 other companies' latest entry also says "Restated".
- 2026-04-15RestatedOther Disclosures
「* Although the Accounting Standard for Revenue Recognition has been applied since the fiscal year ended March 2022, preliminary monthly sales and monthly operating updates are disclosed on a transaction-value basis, before application of the standard and related requirements.」
The company stated that preliminary monthly sales and monthly operating updates disclose transaction value before application of the revenue-recognition accounting standard. - FY2023RestatedAnnual report
「Note: The Accounting Standard for Revenue Recognition and other relevant standards were applied from the beginning of the first-quarter consolidated accounting period of the fiscal year ending March 2022, changing the method of recognising net sales and other items under sale-or-return arrangements.」
The company continued presenting sales after application of the revenue recognition standard alongside gross sales. - FY2023-Q3RestatedAnnual report
「Note: The Accounting Standard for Revenue Recognition and other relevant standards were applied from the beginning of the first-quarter consolidated accounting period of the fiscal year ending March 2022, changing the method of recognising net sales and other items under sale-or-return arrangements.」
The company continued applying the revenue recognition standard and maintained the presentation showing both gross sales and sales after application of the accounting standard. - FY2022-Q3RestatedAnnual report
「As a result, for the current third-quarter consolidated cumulative period, net sales decreased by ¥195,846 million, cost of sales decreased by ¥190,371 million, selling, general and administrative expenses decreased by ¥5,713 million, operating profit increased by ¥238 million, and ordinary profit and profit before income taxes for the quarter each increased by ¥119 million.」
The company continued applying the revenue recognition standard and disclosed the presentation and earnings impacts for the cumulative third quarter arising from changes in the treatment of agent transactions, points and gift certificates. - FY2022-Q2RestatedAnnual report
「As a result, for the current second-quarter consolidated cumulative period, net sales decreased by ¥107,052 million, cost of sales decreased by ¥103,958 million, selling, general and administrative expenses decreased by ¥3,197 million, operating profit increased by ¥103 million, and ordinary profit and profit before income taxes for the quarter each increased by ¥34 million.」
The company continued applying the revenue recognition standard and disclosed the specific presentation and earnings impacts for the cumulative second quarter arising from the net presentation of agent transactions and the treatment of points and gift certificates as contract liabilities. - FY2022-Q1First statedAnnual report
「The company has applied the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the current first-quarter consolidated accounting period. 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 is transferred to the customer. Accordingly, transactions in which the Group was determined to be acting as an agent are presented on a net basis. In addition, under the points programme for sales promotion, points awarded are identified as performance obligations and contract liabilities are recognised, with revenue recognised when the performance obligations are fulfilled through use of the points or when they expire.」
The company applied the revenue recognition standard from 1 April 2021 and changed its accounting treatment, including net presentation of agent transactions and recognition of performance obligations and contract liabilities for points. Net sales decreased by ¥46,894 million, while operating profit increased by ¥50 million.