Change in the method of allocating enterprise tax among segments
First written in FY2019-Q1. 3 of 4 entries say "Restated". Latest entry: FY2019.
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- FY2019RestatedAnnual report
「In the previous consolidated fiscal year, the value-added and capital-based components of enterprise tax were recorded as selling, general and administrative expenses. Because changes in management procedures made reasonable allocation possible, the presentation classification was reviewed, and from the current consolidated fiscal year, the portion directly related to revenue has been recorded in cost of sales.」
The revised presentation method, changing part of the value-added and capital-based components of enterprise tax from selling, general and administrative expenses to cost of sales, continued to be applied for the full fiscal year. - FY2019-Q3RestatedAnnual report
「For the value-added and capital-based components of enterprise tax formerly recorded as company-wide expenses under “Adjustments,” the accounting method was changed from allocation as company-wide expenses to allocation to each segment from the first quarter of the consolidated fiscal year, because the change in management procedures made reasonable allocation possible.」
The company reconfirmed the accounting and management method of allocating part of enterprise tax from company-wide expenses to each segment. - FY2019-Q2RestatedAnnual report
「For the value-added and capital-based components of enterprise tax formerly recorded as company-wide expenses under “Adjustments,” the accounting method was changed from allocation as company-wide expenses to allocation to each segment from the first quarter of the consolidated fiscal year, because the change in management procedures made reasonable allocation possible.」
The company reconfirmed the accounting and management method changed from recording the value-added and capital-based components of enterprise tax as company-wide expenses to allocating them to each segment. - FY2019-Q1First statedAnnual report
「For the value-added and capital-based components of enterprise tax formerly recorded as company-wide expenses under “Adjustments,” the accounting method was changed from allocation as company-wide expenses to allocation to each segment from the first quarter of the current consolidated fiscal year, because the change in management procedures made reasonable allocation possible.」
For part of enterprise tax, the presentation and management method was changed from recording it as a company-wide expense to allocating it to each reportable segment.