Scheduled adoption of the Accounting Standard for Revenue Recognition in fiscal 2022
First written in FY2019. 7 of 10 entries say "Restated". Latest entry: FY2026.
17 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Revenue from contracts with customers of the corporate group is generated primarily by its department store business. Revenue (net sales) is recognised on a gross basis when products are delivered. For transactions such as consignment purchases that the company determines to be acting as an agent, revenue (operating revenue) is recognised on a net basis, calculated by deducting payments to suppliers from the total consideration received from customers.」
The company continues to disclose its post-adoption treatment of recognising product sales on a gross basis and consignment purchases and similar transactions on a net basis. - FY2025RestatedAnnual report
「Revenue from contracts with customers of the corporate group is generated primarily by its department store business. Revenue (net sales) is recognised on a gross basis when products are delivered. For transactions such as consignment purchases that the company determines to be acting as an agent, revenue (operating revenue) is recognised on a net basis, calculated by deducting payments to suppliers from the total consideration received from customers.」
The company continues to disclose its post-adoption treatment of recognising revenue on a gross basis and recognising revenue from consignment purchases and similar transactions on a net basis. - FY2024RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards from the beginning of the current consolidated fiscal year and will recognise revenue 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.」
The company continues to apply the Revenue Recognition Standard from the beginning of the fiscal year and recognise revenue when control is transferred. - FY2023RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the current consolidated fiscal year and will recognise revenue 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.」
The company continues to disclose that it applied the Revenue Recognition Standard from the beginning of the current consolidated fiscal year and changed its recognition methods for agent transactions, loyalty points, gift certificates and returns. - FY2023-Q3RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter and will recognise revenue 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.」
The company continues to disclose that it has applied the Revenue Recognition Standard from the beginning of the first quarter and recognises revenue when control is transferred. - FY2023-Q2RestatedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; hereinafter, the “Revenue Recognition Standard”) and related standards from the beginning of the first quarter and will recognise revenue 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.」
The company continues to disclose that it has applied the Revenue Recognition Standard from the beginning of the first quarter and has made specific changes to its accounting treatment for agent transactions, loyalty points, gift certificates and returns. Adoption reduced net sales by ¥11,094.19 million and increased the opening balance of retained earnings by ¥316.814 million. - FY2023-Q1AchievedAnnual 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 consolidated fiscal year. 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.」
The company applied the Accounting Standard for Revenue Recognition and related standards, previously scheduled for adoption from the beginning of the fiscal year ending February 2023, from the beginning of the current first quarter. It also changed its revenue recognition methods for agent transactions, loyalty points, gift certificates and returns. - FY2021SoftenedAnnual report
「(2) Scheduled adoption date The company plans to apply the standards from the beginning of the fiscal year ending February 2023.」
The company has postponed adoption of the revenue recognition standard, previously scheduled from the consolidated fiscal year beginning on or after 1 March 2022, to the beginning of the fiscal year ending February 2023. - FY2020RestatedAnnual report
「(2) Scheduled adoption date The company plans to apply the standards from the beginning of the consolidated fiscal year starting on or after 1 March 2022.」
The company continues to disclose plans to apply the Accounting Standard for Revenue Recognition and related standards from the beginning of the consolidated fiscal year starting on or after 1 March 2022. - FY2019First statedAnnual report
「Scheduled adoption date for the Accounting Standard for Revenue Recognition and related standards The company plans to apply the standards from the beginning of the consolidated fiscal year starting on or after 1 March 2022.」
The company disclosed for the first time that it plans to apply the Accounting Standard for Revenue Recognition and its implementation guidance from the consolidated fiscal year beginning on or after 1 March 2022.