Change in EBITDA Calculation Method in Response to CVC Share Trading
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.
1 other company's latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Because purchases and sales of shares held in the CVC business are expected in the future, we changed the method of calculating EBITDA from the first quarter of the current consolidated fiscal year. EBITDA for the first nine months of the previous consolidated fiscal year under the new method was ¥1,232 million, compared with ¥1,908 million for the first nine months of the current consolidated fiscal year under the previous method.」
The changed EBITDA calculation method continued to apply, with comparative figures under the old and new methods disclosed. - FY2023-Q2RestatedAnnual report
「Because purchases and sales of shares held in the CVC business are expected in the future, we changed the method of calculating EBITDA from the first quarter of the current consolidated fiscal year. EBITDA for the first six months of the previous consolidated fiscal year under the new method was ¥893 million, compared with ¥1,441 million for the first six months of the current consolidated fiscal year under the previous method.」
The changed EBITDA calculation method continued to apply in the second quarter, with comparative figures under the old and new methods disclosed. - FY2023-Q1First statedAnnual report
「Because purchases and sales of shares held in the CVC business are expected in the future, we changed the method of calculating EBITDA from the first quarter of the current consolidated fiscal year.」
From the first quarter of 2023, EBITDA changed from a calculation based on operating profit to one that adjusts pretax quarterly net income for extraordinary income and expenses, finance-related costs, depreciation and amortization and other items. EBITDA under the new method was ¥435 million, compared with ¥312 million under the previous method.