Changes to Reportable Segments and Performance Evaluation Method in Line with Medium-Term Management Plan 2019
First written in FY2018-Q1. 7 of 15 entries say "Restated". Latest entry: FY2026-H1.
Toda moved to the "Worse" side of this theme in 2021, 4 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 5 of 12 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026-H1Changes to segment classifications and allocation methodsAnnual report
「From the beginning of the interim consolidated accounting period, the allocation method for administrative expenses and other costs was changed to assess segment performance more appropriately. Segment information for the previous interim consolidated accounting period is presented using the post-change method for measuring profit or loss.」
The allocation method for administrative expenses and other costs was changed, and segment information for the same period of the previous year was presented using the post-change measurement method. In addition, the reportable segment of subsidiary Tobic Co., Ltd. was changed from Overseas Group Companies to Construction. - FY2025-H1Change in the recognition criteria for internal revenueAnnual report
「From the beginning of the interim consolidated accounting period, the recognition criteria for internal revenue were changed following a change in the management method for owner-occupied real estate. Segment information for the previous interim consolidated accounting period is presented using the post-change method for measuring profit or loss.」
The recognition criteria for internal revenue and the method of measuring segment profit were changed following a change in the management method for owner-occupied real estate. Segment information for the same period of the previous year is also presented using the post-change method. - FY2024-Q1ReframedAnnual report
「From the first quarter of the fiscal year, the reportable segments were changed from the previous six categories, “Construction,” “Civil Engineering,” “Domestic Investment and Development,” “Domestic Group Companies,” “Overseas Investment and Development,” and “Environment and Energy,” to the six categories “Construction,” “Civil Engineering,” “Domestic Investment and Development,” “Domestic Group Companies,” “Overseas Group Companies,” and “Environment and Energy.”」
In line with changes to the organizational structure for promoting priority businesses under the Rolling Plan, “Overseas Investment and Development” was changed to “Overseas Group Companies.” The allocation method for administrative expenses and other costs was also changed. - FY2023-Q1ReframedAnnual report
「From the first quarter of the fiscal year, the reportable segments were changed from the previous five categories, “Construction,” “Civil Engineering,” “Investment and Development,” “Domestic Group Companies,” and “New Businesses,” to the six categories “Construction,” “Civil Engineering,” “Domestic Investment and Development,” “Domestic Group Companies,” “Overseas Investment and Development,” and “Environment and Energy.” This change was made to align the reportable segments with the business performance target categories in the Medium-Term Management Plan 2024 Rolling Plan and the business reporting categories in the Board of Directors’ monthly reporting materials.」
The reportable segments were changed from 5 to 6 categories to align with the Medium-Term Management Plan 2024 Rolling Plan and the Board of Directors’ reporting categories. Investment and Development was divided into Domestic Investment and Development and Overseas Investment and Development, while New Businesses was presented separately as Environment and Energy. - FY2022-Q1ReframedAnnual report
「As described under Changes in Accounting Policies, revenue recognition accounting standards and related standards were applied from the beginning of the first quarter of the fiscal year, and the accounting treatment for revenue recognition was changed. Accordingly, the method of calculating segment profit or loss was also changed. As a result, compared with the previous method, revenue for “Construction” increased by ¥1.8 billion and revenue for “Civil Engineering” increased by ¥800 million during the first quarter. Revenue for “Domestic Group Companies” decreased by ¥3.8 billion, most of which consisted of intersegment internal revenue.」
The five-segment structure aligned with Medium-Term Management Plan 2024 was maintained, while the method of calculating segment profit and loss was changed following the application of the revenue recognition accounting standards. Revenue increased by ¥1.8 billion for Construction and ¥800 million for Civil Engineering, while revenue for Domestic Group Companies decreased by ¥3.8 billion. - FY2021-Q2RestatedAnnual report
「From the first quarter of the fiscal year, the reportable segments were changed from the previous six categories, “Domestic Construction,” “Domestic Civil Engineering,” “Investment and Development,” “Domestic Group Companies,” “New Businesses,” and “Overseas,” to the five categories “Construction,” “Civil Engineering,” “Investment and Development,” “Domestic Group Companies,” and “New Businesses.” This change was made to align the reportable segments with the business performance target categories in Medium-Term Management Plan 2024 and the business reporting categories in the Board of Directors’ monthly reporting materials.」
Continued to operate the five-segment structure aligned with Medium-Term Management Plan 2024 and the Board of Directors’ reporting categories in the second quarter. No further changes were made to the change from 6 to 5 categories implemented in the first quarter. - FY2021-Q1ReframedAnnual report
「From the first quarter of the fiscal year, the reportable segments were changed from the previous six categories, “Domestic Construction,” “Domestic Civil Engineering,” “Investment and Development,” “Domestic Group Companies,” “New Businesses,” and “Overseas,” to the five categories “Construction,” “Civil Engineering,” “Investment and Development,” “Domestic Group Companies,” and “New Businesses.” This change was made to align the reportable segments with the business performance target categories in Medium-Term Management Plan 2024 and the business reporting categories in the Board of Directors’ monthly reporting materials.」
The reportable segments were changed from 6 to 5 categories to align with Medium-Term Management Plan 2024 and the Board of Directors’ reporting categories. “Domestic Construction” and “Domestic Civil Engineering” were consolidated as “Construction” and “Civil Engineering,” while Overseas was removed as a standalone segment. - FY2019RestatedAnnual report
「From the fiscal year, the Group changed its method of reporting to include “New Businesses” and “Overseas” as reportable segments, rather than including them in “Other,” in order to disclose management information in line with future business development.」
Continued to present New Businesses and Overseas as separate reportable segments in the annual report. - FY2019-Q3RestatedAnnual report
「From the first quarter of the fiscal year, the method of reporting was changed to include “New Businesses” and “Overseas” as reportable segments, rather than including them in “Other,” in order to disclose management information in line with future business development.」
Continued to use the reportable segment structure including “New Businesses” and “Overseas,” and disclosed performance in line with future business development. - FY2019-Q2RestatedAnnual report
「From the first quarter of the fiscal year, the method of reporting was changed to include “New Businesses” and “Overseas” as reportable segments, rather than including them in “Other,” in order to disclose management information in line with future business development.」
Continued to disclose the reorganization of reportable segments in line with Medium-Term Management Plan 2019, presenting “New Businesses” and “Overseas” as separate reportable segments. - FY2019-Q1AdvancedAnnual report
「From the first quarter of the fiscal year, the method of reporting was changed to include “New Businesses” and “Overseas” as reportable segments, rather than including them in “Other,” in order to disclose management information in line with future business development.」
In addition to the previous four categories, “New Businesses” and “Overseas” were separately identified as reportable segments, expanding performance disclosure to reflect future business development. - FY2018RestatedAnnual report
「During the fiscal year, the reportable segments were changed from the previous four categories, “Construction,” “Civil Engineering,” “Real Estate,” and “Other,” to the four categories “Domestic Construction,” “Domestic Civil Engineering,” “Investment and Development,” and “Domestic Group Companies,” based on aggregation and quantitative criteria.」
Continued to use the four reportable segments aligned with Medium-Term Management Plan 2019 and the Board of Directors’ monthly reports, together with the revised method for allocating administrative expenses. - FY2018-Q3RestatedAnnual report
「From the first quarter of the fiscal year, the reportable segments have been changed from the previous four categories, “Construction,” “Civil Engineering,” “Real Estate,” and “Other,” to the four categories “Domestic Construction,” “Domestic Civil Engineering,” “Investment and Development,” and “Domestic Group Companies.” This change was made to align the reportable segments with the business performance target categories in Medium-Term Management Plan 2019 and the business reporting categories in the Board of Directors’ monthly reporting materials.」
Continued to disclose the reorganization of reportable segments to align with Medium-Term Management Plan 2019 and the Board of Directors’ monthly reports, together with changes to the allocation method for part of administrative expenses. - FY2018-Q2RestatedAnnual report
「From the first quarter of the consolidated fiscal year, the reportable segments were changed from the former 4 categories of "Construction," "Civil Engineering," "Real Estate," and "Other Businesses" to 4 categories of "Domestic Construction," "Domestic Civil Engineering," "Investment and Development," and "Domestic Group Companies." This change was made to align the reportable segment classifications with the business performance target classifications in Medium-Term Management Plan 2019 and the business reporting classifications in the monthly reports to the Board of Directors.」
Continued to disclose the reorganization of reportable segments to align with Medium-Term Management Plan 2019 and the Board of Directors’ monthly reports, together with changes to the allocation method for part of administrative expenses. - FY2018-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, the reportable segments were changed from the former 4 categories of "Construction," "Civil Engineering," "Real Estate," and "Other Businesses" to 4 categories of "Domestic Construction," "Domestic Civil Engineering," "Investment and Development," and "Domestic Group Companies." This change was made to align the reportable segment classifications with the business performance target classifications in Medium-Term Management Plan 2019 and the business reporting classifications in the monthly reports to the Board of Directors. From the first quarter of the current consolidated fiscal year, the allocation method for some administrative expenses was also changed in line with the classification changes above to enable more appropriate evaluation of segment performance.」
The company reorganized its reportable segments into 4 categories to align with Medium-Term Management Plan 2019 and the monthly reports to the Board of Directors, and also changed the allocation method for some administrative expenses to evaluate segment performance.