Adoption of the Accounting Standard for Revenue Recognition
First written in FY2021. 4 of 6 entries say "Restated". Latest entry: FY2023-Q2.
18 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current fiscal year and recognize revenue 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.」
The revenue recognition accounting standard and related standards, which were applied from the first quarter, continued to be applied in the current quarter. - FY2022RestatedAnnual report
「As a result, compared with the figures before applying the revenue recognition accounting standard and related standards, the consolidated statement of income for the fiscal year showed a ¥2,259.047 million decrease in operating revenue and a ¥2,259.239 million decrease in operating expenses, while operating profit, ordinary profit and profit before income taxes increased by ¥191 thousand in each case.」
The revenue recognition accounting standard and related standards were applied throughout the fiscal year, reducing operating revenue and operating expenses by approximately ¥2.2 billion each, while profit increased by ¥191 thousand. - FY2022-Q3RestatedAnnual report
「As a result, for the nine months ended the third quarter, operating revenue decreased by ¥1,676.863 million and operating expenses decreased by ¥1,676.735 million, while the impact on operating profit, ordinary profit and quarterly net income attributable to owners of the parent was a decrease of ¥127 thousand in each case.」
The Company continued to apply the revenue recognition accounting standard and related standards, resulting in a ¥1,676.863 million decrease in operating revenue and a ¥1,676.735 million decrease in operating expenses, while the impact on each profit measure was a ¥127 thousand decrease. - FY2022-Q2RestatedAnnual report
「We adopted the Accounting Standard for Revenue Recognition and related standards from the beginning of the first quarter of the current fiscal year and recognize revenue 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.」
The Company continued to apply the Accounting Standard for Revenue Recognition adopted from the previous quarter in the current quarter as well. Operating revenue decreased by ¥1.158 billion, but the impact on profit was deemed minor. - FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter, we adopted the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, 31 March 2020) and related standards. 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.」
The Accounting Standard for Revenue Recognition and other standards announced in FY2021 were actually applied from the beginning of the first quarter of the current consolidated fiscal year. - FY2021First statedAnnual report
「The Company has also applied the Accounting Standard for Revenue Recognition (Accounting Standard No. 29) and other standards since the fiscal year ended March 2022, and operating revenue in the above earnings forecasts is stated on the basis of the amounts after applying these standards.」
The Company disclosed for the first time its policy of applying the Accounting Standard for Revenue Recognition and other standards from the fiscal year ending March 2022.