Change in Allocation of Corporate Expenses to Segments in Light of the Long-Term Vision
First written in FY2022-Q1. 2 of 5 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2023-Q3.
72 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The ¥12,777 million adjustment to segment profit includes ¥7,973 million in corporate expenses not allocated to the respective reporting segments. Corporate expenses are expenses related to administrative departments, such as the parent company's general affairs department, that are not attributable to reporting segments.」
The company continues to disclose segment profit after changing the allocation method so that a portion of corporate expenses is allocated to business segments based on the long-term vision. - FY2022AdvancedAnnual report
「As a result, compared with the previous method, segment profit decreased by ¥2,234 million, ¥333 million, ¥1,087 million and ¥75 million, respectively, for the Beverage and Food Manufacturing and Sales businesses in Japan, the Americas, Asia and Oceania, and Europe, while the adjustment for corporate expenses decreased by ¥3,730 million.」
The company disclosed the full-year effects of the change in the allocation of corporate expenses based on the long-term vision on segment profit in each regional segment and on the adjustment amount. - FY2022-Q3RestatedAnnual report
「As a result, compared with the previous method, segment profit decreased by ¥1,707 million, ¥250 million, ¥803 million and ¥57 million, respectively, for the Beverage and Food Manufacturing and Sales businesses in Japan, the Americas, Asia and Oceania, and Europe, while the adjustment for corporate expenses decreased by ¥2,818 million.」
The company continued to apply the change in the allocation of corporate expenses to segments based on the long-term vision and disclosed the effects on segment profit in each regional segment and on the adjustment amount for the nine months ended the third quarter of the current fiscal year. - FY2022-Q2AdvancedAnnual report
「From the first quarter of the current consolidated fiscal year, the company reviewed the nature of corporate expenses based on the long-term vision formulated during the fiscal year and changed its allocation method so that a portion of these expenses would be allocated to business segments. As a result, compared with the previous method, segment profit decreased by ¥1,185 million, ¥165 million, ¥536 million and ¥39 million, respectively, for the Beverage and Food Manufacturing and Sales businesses in Japan, the Americas, Asia and Oceania, and Europe, while the adjustment for corporate expenses decreased by ¥1,925 million.」
The company disclosed the specific effects on segment profit in each regional segment and on the adjustment amount resulting from the change in the allocation of corporate expenses based on the long-term vision. - FY2022-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, the Company reviewed the content of corporate expenses based on the long-term vision formulated during the current fiscal year and changed the allocation so that part of these expenses is allocated to business segments.」
Based on the newly formulated long-term vision, the company changed the method used to calculate segment profit by allocating a portion of corporate expenses to business segments.