Change in presentation from construction revenue to revenue due to the expansion of business activities
First written in FY2024-Q1. 1 of 2 entries say "Restated". Latest entry: FY2024-Q3.
6 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「The items presented as "construction revenue," "cost of construction revenue," and "gross profit from construction" in the cumulative third quarter of the previous consolidated fiscal year are presented as "net sales," "cost of sales," and "gross profit," respectively, due to the expansion of the Group's business activities.」
The company continues to disclose changes in income statement presentation items due to the expansion of business activities, including commercial facilities operations. - FY2024-Q1First statedAnnual report
「Amounts presented as “completed construction revenue,” “completed construction costs,” and “completed construction gross profit” for the nine months ended the first quarter of the previous consolidated fiscal year are presented as “net sales,” “cost of sales,” and “gross profit,” respectively, following the expansion of the Group’s business activities.」
With the expansion of business activities, including commercial facilities operations, the presentation items in the income statement have been changed from construction revenue and related items to revenue and related items.