Adoption of the revenue recognition accounting standard
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q3.
35 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result, operating revenue and selling, general and administrative expenses for the cumulative third quarter decreased by ¥67 million each, but there was no impact on operating profit, ordinary profit or quarterly profit before income taxes.」
Under the Revenue Recognition Accounting Standard applied from the first quarter, operating revenue and selling, general and administrative expenses each decreased by ¥67 million on a cumulative basis, while the company continued to disclose that there was no impact on profit. - FY2022-Q1First statedAnnual report
「The company applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020, hereinafter the "Revenue Recognition Accounting Standard") and other standards from the beginning of the first quarter. 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 Revenue Recognition Accounting Standard was applied from the beginning of the first quarter, and part of advertising expenses was deducted from operating revenue. Both operating revenue and selling, general and administrative expenses decreased by ¥27 million, but there was no impact on operating profit or other profit figures.