Review of Expense Allocation Method to Reflect Profit and Loss by Segment
First written in FY2019-Q2. 4 of 6 entries say "Restated". Latest entry: FY2020-Q3.
69 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「From the fourth quarter of the previous consolidated fiscal year, we reviewed the method of allocating logistics costs related to the Floriculture Business and Agricultural Materials Business in order to reflect segment profit and loss more appropriately. The segment information for the cumulative third quarter of the previous fiscal year disclosed herein was prepared based on the revised allocation method.」
The revised method of allocating logistics costs implemented from the fourth quarter of the previous consolidated fiscal year continued to be applied, and comparisons with the same period of the previous year were also made using the revised method. - FY2020-Q2RestatedAnnual report
「From the fourth quarter of the previous consolidated fiscal year, we reviewed the method of allocating logistics costs related to the Floriculture Business and Agricultural Materials Business in order to reflect segment profit and loss more appropriately. The segment information for the cumulative first quarter of the previous fiscal year disclosed herein was prepared based on the revised allocation method.」
The revised method of allocating logistics costs for the Floriculture Business and Agricultural Materials Business continued to be applied, and comparisons with the same period of the previous year were also made using the revised method. - FY2020-Q1RestatedAnnual report
「From the fourth quarter of the previous consolidated fiscal year, we reviewed the method of allocating logistics costs related to the Floriculture Business and Agricultural Materials Business in order to reflect segment profit and loss more appropriately. The segment information for the cumulative first quarter of the previous fiscal year disclosed herein was prepared based on the revised allocation method.」
The revised method of allocating logistics costs implemented from the fourth quarter of the previous consolidated fiscal year continued to be applied, and comparisons with the same period of the previous year were also made using the revised method. - FY2019AdvancedAnnual report
「In addition, taking into account the nature of our business, we decided to review the method of allocating logistics costs related to the Floriculture Business and Agricultural Materials Business from the fourth quarter of the current consolidated fiscal year.」
In addition to the existing treatment of research and development expenses and other costs, the method of allocating logistics costs for the Floriculture Business and Agricultural Materials Business was also revised from the fourth quarter of the current fiscal year. - FY2019-Q3RestatedAnnual report
「In addition, from the first quarter of the current consolidated fiscal year, we changed the reportable segment classification and cost allocation method. Accordingly, the comparisons with the same period of the previous year below are based on figures reclassified under the revised segment classification.」
The changes to the reportable segment classification and cost allocation method continued to be applied, and comparisons with the same period of the previous year were also made using the revised classification and allocation method. - FY2019-Q2First statedAnnual report
「Taking this opportunity, we reviewed the method of allocating costs to each business segment for certain general and administrative expenses, including research and development expenses, that had previously been treated as corporate expenses, in order to reflect segment profit and loss more appropriately.」
For the first time, the Company disclosed that, following the integration of the Landscaping Business into the Seed and Seedling Business, it had revised the method of allocating certain general and administrative expenses, including research and development expenses, to each business segment.