Application of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q3.
50 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020), among others, was applied 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 the promised goods or services when control of those goods or services is transferred to the customer.」
The company continues to disclose the accounting standard for revenue recognition applied from the first quarter and its accounting policy of recognizing revenue when control is transferred to the customer. - FY2022-Q1First statedAnnual report
「We adopted the Accounting Standard for Revenue Recognition 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 transfers to the customer.」
From the first quarter of the current fiscal year, the company applied the revenue recognition standard and other relevant standards, changing its method of recognizing revenue for transactions in which it acts as an agent to recognize the net amount after deducting payments to third parties, rather than the total consideration received from customers.