Changes in Contract-Construction Revenue Recognition Following Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
13 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「これに伴い、当第３四半期連結累計期間における売上高は０百万円減少し、売上原価は６百万円減少し、営業利益、経常利益及び税金等調整前四半期純利益はそれぞれ５百万円増加しております。」
第1四半期から適用した収益認識会計基準について、第3四半期累計期間の売上高・利益への影響額を開示し、適用後の処理を再確認している。 - FY2022-Q2RestatedAnnual report
「これに伴い、当第２四半期連結累計期間における売上高は50百万円減少し、売上原価は52百万円減少し、営業利益、経常利益及び税金等調整前四半期純利益はそれぞれ２百万円増加しております。」
第1四半期から適用した収益認識会計基準について、当第2四半期累計期間への影響額を開示し、適用後の処理を再確認している。 - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020; the Revenue Recognition Standard) and other applicable 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 transfers to the customer. For contract-construction agreements in the detached-housing and Special Construction businesses, we previously applied the percentage-of-completion method to construction for which the outcome of progress could be reliably estimated, and the completed-contract method to other construction. From the first quarter, performance obligations satisfied over time are recognized over time based on estimated progress, except for construction with an extremely short duration, while performance obligations satisfied at a point in time are recognized upon completion.」
The company adopted the Revenue Recognition Standard from the beginning of the first quarter and changed revenue recognition for contract construction to a model based on the timing and progress of satisfying performance obligations.