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Taiyo Kisokogyo (1758) · FactReframed

Making the Building Construction Business a Separate Segment and Reclassification of Solar Power Equipment-Related Construction

First written in FY2022-Q1. 1 of 3 entries say "Restated". Latest entry: FY2023-Q1.

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ProgressHeldSoftenedWorseFirst statedFY2022-Q1 – FY2022-Q22021: 220212022: 12022
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  1. FY2023-Q1ReframedAnnual report

    「From the first quarter of the current fiscal year, we made an organizational change to focus on environmental construction aimed at achieving carbon neutrality for the solar power facility-related construction, soil remediation and other businesses that were included in the Specialized Civil Engineering and Other Construction business in the previous fiscal year. As the business had become quantitatively material, we changed its name to the Environmental-Related Construction business and changed the method of presentation to disclose it as a new reportable segment.」

    Following the earlier establishment of the Construction business as an independent segment and the reclassification of solar power facility-related construction, solar power facility-related construction and related activities have been changed to a separate reportable segment called the Environmental-Related Construction business.
  2. FY2022-Q2RestatedAnnual report

    「From the first quarter of the current fiscal year, because the Construction business, which was previously included in the Housing-Related Construction business, had become quantitatively material, we changed the method of presentation to disclose it as a reportable segment. In addition, following a review of business classifications, we changed the method of presentation so that solar power facility-related construction, which was previously included in the Housing-Related Construction business, is included in the Specialized Civil Engineering and Other Construction business.」

    The classification changes establishing the Construction business as an independent segment and moving solar power facility-related construction to the Specialized Civil Engineering and Other Construction business continue to apply.
  3. FY2022-Q1First statedAnnual report

    「From the first quarter of the current fiscal year, because the Construction business, which was previously included in the Housing-Related Construction business, had become quantitatively material, we changed the method of presentation to disclose it as a reportable segment. In addition, following a review of business classifications, we changed the method of presentation so that solar power facility-related construction, which was previously included in the Housing-Related Construction business, is included in the Specialized Civil Engineering and Other Construction business.」

    The Construction business was disclosed as a separate reportable segment because of its increased quantitative materiality, and solar power facility-related construction was moved from the Housing-Related Construction business to the Specialized Civil Engineering and Other Construction business following a review of business classifications.
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Making the Building Construction Business a Separate Segment and Reclassification of Solar Power Equipment-Related Construction | Taiyo Kisokogyo Co.,Ltd. (1758) | Komori