Change in Revenue Recognition Method Due to the Application of the Revenue Recognition Accounting Standard and Other Standards
First written in FY2022-Q1. 4 of 8 entries say "Restated". Latest entry: FY2023.
50 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, issued on 30 March 2018) and the Implementation Guidance on Accounting Standard for Revenue Recognition (ASBJ Guidance No. 30, issued on 30 March 2018) have been applied from the beginning of the 125th fiscal year.」
Continued disclosure that the revenue recognition accounting standards and related guidance have been applied from the beginning of the 125th fiscal year. - FY2023-Q3RestatedAnnual report
「Because the revenue recognition accounting standards were applied, accounts receivable, which had been presented under current assets on the balance sheet for the previous fiscal year, has been presented as part of accounts receivable and contract assets from the first quarter.」
Continued presentation of accounts receivable and contract assets following the application of the revenue recognition accounting standards. - FY2023-Q2RestatedAnnual report
「Because the revenue recognition accounting standards were applied, accounts receivable, which had been presented under current assets on the balance sheet for the previous fiscal year, has been presented as part of accounts receivable and contract assets from the first quarter.」
Continued presentation including contract assets following the application of the revenue recognition accounting standards. - FY2023-Q1Change to presentation including contract assetsAnnual report
「Accounts receivable, which had been presented under current assets on the balance sheet for the previous fiscal year, has been presented as part of accounts receivable and contract assets from the first quarter of the current fiscal year.」
Following the application of the revenue recognition accounting standards and related guidance, the balance sheet presentation item was changed to accounts receivable and contract assets from the current quarter. - FY2022RestatedAnnual report
「As with the theater business, total revenue for the entire division, including the amusement facilities business, which was forced to temporarily close or reduce its operating hours, was ¥996.921 million, including the impact of applying the revenue recognition accounting standards and related guidance, down 8.5% year on year,」
Continued disclosure of segment revenue, including the impact of applying the revenue recognition accounting standards and related guidance. - FY2022-Q3Cumulative impact of adoption increasedAnnual report
「As a result of this change, compared with the previous method, revenue for the Cinema and Amusement business for the cumulative third quarter decreased by ¥148.956 million, while revenue for the Real Estate business increased by ¥175.586 million. There was no impact on segment profit or loss.」
The cumulative impact by segment on revenue from applying the revenue recognition accounting standards and related guidance increased from the cumulative second quarter. It was stated that there was no impact on segment profit. - FY2022-Q2Quantified the cumulative impact of applying the standards.Annual report
「As a result of this change, compared with the previous method, revenue for the Cinema and Amusement business for the cumulative second quarter decreased by ¥95.005 million, while revenue for the Real Estate business increased by ¥113.420 million. There was no impact on segment profit or loss.」
The impact on cumulative revenue by segment from applying the revenue recognition accounting standards and related guidance was specified. - FY2022-Q1First statedAnnual report
「From the beginning of the first quarter of the current fiscal year, we applied the revenue recognition standard 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.」
Applied the revenue recognition standard from the current quarter. Revenue from agent transactions is recognized net and revenue from principal transactions gross; compared with the previous method, cinema and amusement sales decreased by ¥54,673 thousand and real estate sales increased by ¥53,539 thousand.