Reorganization of Reportable Segments Into the Real Estate and Hotel Operations Businesses
First written in FY2023-Q1. 3 of 5 entries say "Reframed", first in FY2023-Q3. Latest entry: FY2024.
Intrance moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2023: 2 of 9 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「大多喜ハーブガーデン and ハーブ生産出荷組合株式会社, which had been classified in the Herb Garden Operations Business segment, were excluded from the scope of consolidation during the second quarter of the consolidated fiscal year because all shares of 大多喜ハーブガーデン were transferred.」
The structure is now centered on the Hotel Operations Business, Real Estate Business and Other businesses, while the Herb Garden Operations Business was excluded from the scope of consolidation following the transfer of its shares. - FY2024-Q2ReframedAnnual report
「大多喜ハーブガーデン and ハーブ生産出荷組合株式会社, which had been classified in the Herb Garden Operations Business segment, were excluded from the scope of consolidation during the second quarter of the consolidated fiscal year because all shares of 大多喜ハーブガーデン were transferred.」
The Herb Garden Operations Business, which had been presented separately due to its quantitative significance, was excluded from the scope of consolidation following the transfer of all its shares. The reportable segment structure was reorganized around the Real Estate Business, Hotel Operations Business and Other businesses. - FY2023-Q3ReframedAnnual report
「From the first quarter of the consolidated fiscal year, following a review of the segments in light of the full-scale development of the hotel operations business and the actual management structure, the Company had changed the presentation of its reportable segments from “Principal Investment Business” and “Solution Business” to “Real Estate Business” and “Hotel Operations Business.” From the current third quarter of the consolidated fiscal year, however, the Company changed its presentation to report the Herb Garden Operations Business, previously included in Other, as a reportable segment because its quantitative significance had increased.」
The segment structure was reorganized so that the Herb Garden Operations Business, previously included in Other, would be presented as a separate reportable segment due to its increased quantitative significance. - FY2023-Q2RestatedAnnual report
「From the first quarter of the consolidated fiscal year, following a review of the segments in light of the full-scale development of the hotel operations business and the actual management structure, the Company changed the presentation of its reportable segments from “Principal Investment Business” and “Solution Business” to “Real Estate Business” and “Hotel Operations Business.”」
The Company reaffirmed in the current second quarter that it had changed its reportable segments to the Real Estate Business and Hotel Operations Business due to the full-scale development of the hotel operations business and the actual management structure. - FY2023-Q1First statedAnnual report
「After reconsidering the segments from the perspectives of the full-scale development of the hotel operations business and the actual management structure, the Company changed the presentation of reportable segments from principal investment and solutions to real estate and hotel operations from the first quarter under review.」
The Company changed its reportable segments from principal investment and solutions to real estate and hotel operations because of the full-scale development of the hotel operations business and the actual management structure.