Adoption of the Accounting Standard for Revenue Recognition and Net Recognition of Certain Transactions
First written in FY2022-Q1. 5 of 6 entries say "Restated". Latest entry: FY2024.
50 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「For transactions in which the Group acts as an agent, revenue is recognized on a net basis, calculated by deducting payments to third parties from the consideration received from customers.」
The Company continues to apply the revenue recognition accounting standard and recognize transactions conducted as an agent on a net basis as accounting policies. - FY2023RestatedAnnual report
「For transactions in which the Group acts as an agent, revenue is recognized on a net basis, calculated by deducting payments to third parties from the consideration received from customers.」
The Company continues to apply the revenue recognition accounting standard and recognize transactions conducted as an agent on a net basis as accounting policies in its consolidated financial statements. - FY2022RestatedAnnual report
「The Company has applied the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, 31 March 2020) and other relevant standards from the beginning of the fiscal year. Accordingly, the figures and other information for the fiscal year reflect application of those standards.」
The disclosure states that the revenue recognition standard continues to be applied on a full-year basis. - FY2022-Q3RestatedAnnual report
「The impact of applying the revenue recognition standard and other relevant standards on the quarterly financial statements is immaterial.」
The Company continues to apply the revenue recognition standard and states that its impact on the quarterly financial statements is immaterial. - FY2022-Q2RestatedAnnual report
「The impact of applying the revenue recognition standard and other relevant standards on the quarterly financial statements is immaterial.」
The Company continues to apply the revenue recognition standard and states that its impact on the quarterly financial statements is immaterial. - FY2022-Q1First statedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition and other relevant standards from the beginning of the first quarter accounting period and now recognizes revenue 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. For certain transactions in the trading desk business, revenue had previously been recognized on a gross basis. The Company has changed to recognizing revenue on a net basis for transactions in which it determines that its role in providing goods or services to customers is that of an agent rather than a principal.」
The revenue recognition standard was adopted from the beginning of the first quarter accounting period, and certain transactions conducted as an agent have changed from gross to net presentation.