Decrease in Net Sales, etc. Due to the Application of the Accounting Standard for Revenue Recognition
First written in FY2023-Q1. . Latest entry: FY2023-Q1.
- FY2023-Q1First statedAnnual report
「As a result, for the cumulative consolidated period through the first quarter, sales decreased by ¥2,414 million, cost of sales by ¥2,387 million, selling, general and administrative expenses by ¥22 million, operating income by ¥4 million, and ordinary income and income before income taxes by ¥4 million each. The beginning balance of retained earnings also increased by ¥191 million.」
Application of the revenue recognition standard and related standards reduced sales by ¥2,414 million, cost of sales by ¥2,387 million, selling, general and administrative expenses by ¥22 million, and operating income, ordinary income and other items by ¥4 million each, while increasing the beginning balance of retained earnings by ¥191 million. - FY2022Update to the Impact of Applying the Revenue Recognition StandardAnnual report
「As a result, for the consolidated fiscal year, sales decreased by ¥4,653,565 thousand, cost of sales by ¥4,609,293 thousand, and selling, general and administrative expenses by ¥43,988 thousand, while operating loss, ordinary loss and loss before income taxes each increased by ¥284 thousand. The beginning balance of retained earnings also increased by ¥191,368 thousand.」
Application of the revenue recognition standard reduced the amounts presented and recognized for sales and other items, increased operating loss and other losses by ¥284 thousand, and increased beginning retained earnings by ¥191,368 thousand.