Hyoki Kaiun (9362) · InitiativeAdvanced
Change in certain transactions to reimbursement claims
First written in FY2024-Q3. 1 of 2 entries say "Advanced", first in FY2024. Latest entry: FY2024.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Changes in revenue recognition methods and presentation following adoption of the Revenue Recognition Accounting StandardA theme 197 companies write about · 28 as a headwind · 6 as a tailwind
7 other companies' latest entry also says "Advanced".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Full recordFilings, disclosures and news, newest first
- FY2024AdvancedAnnual report
「The increase in advances paid and the decreases in notes and accounts receivable and contract assets were mainly due to a review of transaction arrangements. For certain transactions, amounts previously billed as revenue have been billed as advances paid since October 2023.」
The change to billing as advances paid from October 2023 was reflected in full-year revenue, accounts receivable and advances paid. Revenue declined, but costs declined by the same amount, so there was no direct impact on operating profit. - FY2024-Q3First statedAnnual report
「The increase in advances paid and the decreases in notes and accounts receivable and contract assets were mainly due to a review of transaction arrangements. For certain transactions, amounts previously billed as revenue have been billed as advances paid since October 2023.」
For certain transactions, the transaction arrangement changed from billing as revenue to billing as advances paid from October 2023. This also affected the decline in revenue from the port transportation business.