Adoption of the Revenue Recognition Standard
First written in FY2022-Q1. 2 of 4 entries say "Restated". Latest entry: FY2022.
4 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「As a result, compared with the figures before applying the revenue recognition accounting standard and related standards, revenue in the consolidated income statement for the current consolidated fiscal year decreased by ¥135 million, selling, general and administrative expenses decreased by ¥117 million, and operating income, ordinary income and net income before income taxes each decreased by ¥18 million.」
The revenue recognition accounting standard was applied from the beginning of FY2022, and the impact on full-year revenue, operating income and other items was disclosed. The opening balance of retained earnings increased by ¥177 million. - FY2022-Q3RestatedAnnual report
「As a result, revenue for the cumulative third quarter of the current fiscal year decreased by ¥106 million, while operating income, ordinary income and quarterly net income before income taxes each decreased by ¥24 million. The opening balance of retained earnings also increased by ¥177 million.」
The impact of the revenue recognition accounting standard applied from the first quarter on cumulative third-quarter revenue and income, as well as on opening retained earnings, has been disclosed. - FY2022-Q2RestatedAnnual report
「As a result, revenue for the cumulative second quarter of the current fiscal year decreased by ¥55 million, while operating income, ordinary income and quarterly net income before income taxes each decreased by ¥11 million. The opening balance of retained earnings also increased by ¥177 million.」
The impact of the revenue recognition accounting standard applied from the first quarter on cumulative second-quarter revenue and income, as well as on opening retained earnings, has been disclosed. - FY2022-Q1First statedAnnual 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 revenue recognition accounting standard and related standards were applied from the beginning of the current quarter, changing the recognition methods for license revenue, sales rebates and other items. As a result of the application, current-quarter revenue decreased by ¥43 million, operating income, ordinary income and quarterly net income before income taxes each decreased by ¥27 million, and the opening balance of retained earnings increased by ¥177 million.