Application of the Accounting Standard for Revenue Recognition and Related Standards
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
4 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「The application of the Accounting Standard for Revenue Recognition and related standards reduced consolidated operating revenue by ¥30.832 billion, including a ¥29.408 billion reduction in the retail segment. Consolidated operating profit increased by ¥178 million.」
The company disclosed that the cumulative impact of applying the revenue recognition accounting standard and related standards was a ¥30.832 billion decrease in consolidated operating revenue and a ¥178 million increase in operating profit. - FY2022-Q2RestatedAnnual report
「The application of the Accounting Standard for Revenue Recognition and related standards reduced consolidated operating revenue by ¥17.601 billion. Of this amount, operating revenue in the retail segment decreased by ¥16.648 billion.」
The company disclosed that, for the cumulative second quarter, the application of the revenue recognition accounting standard and related standards from the first quarter reduced consolidated operating revenue by ¥17.601 billion, including a ¥16.648 billion reduction in the retail segment. - FY2022-Q1First statedAnnual report
「The Company applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, 31 March 2020, hereinafter the “Revenue Recognition Standard”) and other relevant standards from the beginning of the first quarter of the current 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 applied the revenue recognition accounting standard and related standards from the beginning of the first quarter, changing to net presentation for transactions conducted as an agent, daily recognition of railway commuter-pass revenue from the start of use, and recognition of advance payments received before occupancy at senior housing facilities over the assumed occupancy period. As a result of the application, operating revenue decreased by ¥8.699 billion and the beginning balance of retained earnings decreased by ¥1.496 billion.