Business Portfolio Management Through IFRS Adoption and Business Profit
First written in FY2017. 16 of 21 entries say "Restated". Latest entry: 2026-05-19.
Ajinomoto Co. moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- 2026-05-19ReframedGeneral Meetings of Shareholders
「To evaluate the performance of each reportable segment more appropriately, from the current consolidated fiscal year we have changed to a method under which common corporate expenses are not allocated to the reportable segments, and have applied this change retrospectively to the previous consolidated fiscal year.」
Restated in the business report the change to a performance evaluation method that does not allocate common corporate expenses to reportable segments. - FY2026-H1ReframedAnnual report
「Corporate-wide expenses not attributable to any reportable segment were previously allocated to each reportable segment according to certain criteria based on the management approach. To enable more appropriate evaluation of the performance of each reportable segment, the Group changed this method from the current consolidated fiscal year so that such expenses are not allocated to reportable segments, and applied the change retrospectively to the previous consolidated fiscal year.」
The Group reviewed its method of evaluating reportable segment performance and changed to a method that does not allocate corporate-wide expenses, including those related to the parent company's administrative departments, to the segments. - FY2025-H1RestatedAnnual report
「“Business profit” is calculated by deducting cost of sales, selling expenses, research and development expenses and general and administrative expenses from net sales, then adding the share of profit or loss of investments accounted for using the equity method. It is an earnings measure that excludes other operating income and other operating expenses.」
The Group reaffirmed the definition of “business profit” used under IFRS to assess underlying performance and evaluate the business portfolio. - FY2024-Q2RestatedAnnual report
「“Business profit” is calculated by deducting cost of sales, selling expenses, research and development expenses and general and administrative expenses from net sales, then adding the share of profit or loss of investments accounted for using the equity method. It is an earnings measure that excludes other operating income and other operating expenses.」
The Group reaffirmed the definition of business profit used under IFRS to assess underlying performance and evaluate the business portfolio. - FY2024-Q1RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group reaffirmed its policy of using business profit to assess underlying performance and evaluate the business portfolio. - FY2023-Q2RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio. “Business profit” is calculated by deducting cost of sales, selling expenses, research and development expenses and general and administrative expenses from net sales, then adding the share of profit or loss of investments accounted for using the equity method. It is an earnings measure that excludes other operating income and other operating expenses.」
Under IFRS, the Group reaffirmed its policy and definition of using business profit to assess underlying performance and evaluate the business portfolio. - FY2023-Q1RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio. “Business profit” is calculated by deducting cost of sales, selling expenses, research and development expenses and general and administrative expenses from net sales, then adding the share of profit or loss of investments accounted for using the equity method. It is an earnings measure that excludes other operating income and other operating expenses.」
Under IFRS, the Group reaffirmed its policy and definition of using business profit to assess underlying performance and evaluate the business portfolio. - FY2022-Q3RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group reaffirmed its policy of using business profit to assess underlying performance and evaluate the business portfolio. - FY2022-Q1ReframedAnnual report
「From the first quarter of the current consolidated fiscal year, Medical Food, previously included in medicinal and food-use amino acids under Healthcare and Others, and certain businesses previously included in biopharma services under Healthcare and Others, have been included in Other under Healthcare and Others. In addition, the name of the product category previously presented as “Chemicals” was changed to “Functional Materials.”」
For the reportable segments used to manage the priority businesses by business axis, the Group changed the allocation of Medical Food and other businesses and changed the product category name from Chemicals to Functional Materials. - FY2021-Q3RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, following organizational changes aimed in part at strengthening global management of the priority businesses under the medium-term management plan by business axis, the Group changed its reportable segments from the previous four categories of “Japan Food,” “Overseas Food,” “Life Support” and “Healthcare” to three categories: “Seasonings and Foods,” “Frozen Foods” and “Healthcare and Others.”」
The Group reaffirmed the structure under which the reportable segments were changed from 4 categories to 3 to manage the priority businesses globally by business axis. - FY2021-Q2RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, following organizational changes aimed in part at strengthening global management of the priority businesses under the medium-term management plan by business axis, the Group changed its reportable segments from the previous four categories of “Japan Food,” “Overseas Food,” “Life Support” and “Healthcare” to three categories: “Seasonings and Foods,” “Frozen Foods” and “Healthcare and Others.”」
The Group reaffirmed the policy and structure for changing the reportable segments from 4 categories to 3 in order to manage the priority businesses globally by business axis under the medium-term management plan. - FY2021-Q1AdvancedAnnual report
「From the first quarter of the current consolidated fiscal year, following organizational changes aimed in part at strengthening global management of the priority businesses under the medium-term management plan by business axis, the Group changed its reportable segments from the previous four categories of “Japan Food,” “Overseas Food,” “Life Support” and “Healthcare” to three categories: “Seasonings and Foods,” “Frozen Foods” and “Healthcare and Others.”」
The Group implemented organizational changes to manage the priority businesses under the medium-term management plan globally by business axis, and reorganized the reportable segments from 4 categories to 3. - FY2020-Q3RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group reaffirmed its policy of using “business profit” to assess underlying performance and evaluate the business portfolio. - FY2020-Q2RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group reaffirmed its policy of using “business profit” to assess underlying performance and evaluate the business portfolio. - FY2020-Q1RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group continues to use business profit to assess underlying performance and evaluate the business portfolio. - FY2019-Q3RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group continues to use business profit to assess underlying performance and evaluate the business portfolio. - FY2019-Q2RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group continues to use business profit to assess underlying performance and evaluate the business portfolio. - FY2019-Q1RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group continues to use business profit to assess underlying performance and evaluate the business portfolio. - FY2018-Q3RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group continues to use business profit to assess underlying performance and evaluate the business portfolio. - FY2018-Q1RestatedAnnual report
「In adopting IFRS, the Group introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
Under IFRS, the Group continues to use business profit to assess underlying performance and evaluate the business portfolio. - FY2017First statedAnnual report
「The Group adopted IFRS in place of the previous Japanese accounting standards from the current consolidated fiscal year, from 1 April 2016 to 31 March 2017. In adopting IFRS, we introduced an earnings measure called “business profit” to enable investors, the Board of Directors and the Management Committee to understand the underlying performance and future outlook of each business, and to enable the Board of Directors and the Management Committee to continuously evaluate the business portfolio.」
IFRS was adopted from the fiscal year ended March 2017, and the internally defined measure “business profit” was introduced to assess underlying performance and evaluate the business portfolio.