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O'will (3143) · FactFull-year update of the impact of product reclassification

Review of Product Classification from Processed Agricultural Products to Food Auxiliary Raw Materials

First written in FY2023-Q1. . Latest entry: FY2023.

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ProgressHeldSoftenedWorseOtherFY2023-Q1 – FY20232022: 220222023: 22023
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  1. FY2023Full-year update of the impact of product reclassificationAnnual report

    「As a result, beginning with the current consolidated fiscal year, food ingredients increased by ¥210.580 million and processed agricultural products decreased by ¥210.580 million compared with the previous presentation method.」

    The reclassification amounts for comparative information resulting from the reclassification of certain products were updated on a full-year basis. Food ingredients are presented as ¥210.580 million higher and processed agricultural products as ¥210.580 million lower.
  2. FY2023-Q3Update of the impact of product reclassificationAnnual report

    「As a result, for the cumulative third quarter of the previous consolidated fiscal year, food ingredients increased by ¥119.580 million and processed agricultural products decreased by ¥119.580 million compared with before the reclassification.」

    The reclassification amounts for the same period of the previous year resulting from the reclassification of certain products were updated. Food ingredients are presented as ¥119.580 million higher and processed agricultural products as ¥119.580 million lower.
  3. FY2023-Q2Update of the impact of product reclassificationAnnual report

    「To reflect this change in presentation, the notes for the cumulative second quarter of the previous consolidated fiscal year were reclassified. As a result, for the cumulative second quarter of the previous consolidated fiscal year, food ingredients increased by ¥102.780 million and processed agricultural products decreased by ¥102.780 million compared with before the reclassification.」

    The reclassification amounts for the same period of the previous year resulting from the product reclassification were updated. Food ingredients are presented as ¥102.780 million higher and processed agricultural products as ¥102.780 million lower.
  4. FY2023-Q1First statedAnnual report

    「Beginning with the first quarter of the current consolidated fiscal year, certain products previously included in processed agricultural products were reclassified and presented as food ingredients. To reflect this change in presentation, the notes for the cumulative first quarter of the previous consolidated fiscal year have been reclassified. As a result, for the cumulative first quarter of the previous consolidated fiscal year, food ingredients increased by ¥52.000 million and processed agricultural products decreased by ¥52.000 million compared with before the reclassification.」

    Beginning with the first quarter, certain products were reclassified and presented as food ingredients. Comparative information was also reclassified, with food ingredients for the same period of the previous year increasing by ¥52.000 million and processed agricultural products decreasing by ¥52.000 million.
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Review of Product Classification from Processed Agricultural Products to Food Auxiliary Raw Materials | O'will Corporation (3143) | Komori