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Tsi Holdings (3608) · InitiativeRestated

Reducing the burden by reviewing fees for outsourced services between the holding company and operating companies

First written in FY2018-Q1. 3 of 9 entries say "Restated". Latest entry: FY2024.

9entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2020-Q1AdvancedFY2020-Q2 – FY20202017: 220172018: 220182019: 220192020: 220202021: 020212022: 020222023: 020232024: 12024
Same theme, other companies

0 other companies' latest entry also says "Restated".

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Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「At headquarters, we will also vigorously pursue efficiency improvements in logistics and advertising, reductions in outsourcing expenses and IT costs, and rationalization measures including the renewal of core systems and streamlining of the organization and workforce.」

    Reaffirmed the policy of improving efficiency across the holding company and group infrastructure, including reducing outsourcing expenses in head-office functions.
  2. FY2020AdvancedAnnual report

    「From the current fiscal year, we have changed the method of collecting fees from affiliated companies for group-wide management services in order to optimize group management. As a result, segment profit for the Apparel-Related Business decreased by ¥6,422 million and segment profit for Other decreased by ¥201 million, while the adjustment to segment profit increased by ¥6,624 million.」

    Disclosed specific annualized impacts of the change in the method of collecting fees for group-wide management services, namely lower segment profit and higher adjustments.
  3. FY2020-Q3AdvancedAnnual report

    「As a result, segment profit in the Apparel-Related Business segment decreased by ¥4,817 million, segment profit in the Other category decreased by ¥151 million, and the adjustment to segment profit increased by ¥4,968 million.」

    Disclosed the impact of the change in the method of collecting fees for group-wide management services on segment profit and adjustments, with specific amounts.
  4. FY2020-Q2AdvancedAnnual report

    「From the first quarter of the current consolidated fiscal year, the Company changed the method of collecting fees for group-wide management services from affiliated companies in order to optimize group management. As a result, segment profit in the Apparel-Related Business segment decreased by ¥3,211 million, segment profit in the Other category decreased by ¥100 million, and the adjustment to segment profit or loss increased by ¥3,312 million.」

    First specific disclosure of the impact on segment profit and the adjustment amount resulting from the change in the collection method for group-wide management fees.
  5. FY2020-Q1Reappearance and change in collection methodAnnual report

    「From the first quarter of the current consolidated fiscal year, the Company changed the method of collecting fees for group-wide management services from affiliated companies in order to optimize group management.」

    The theme of operating services and group management fees, which had previously disappeared from the direct disclosures, was again specified as a change in the collection method aimed at optimizing group management.
  6. FY2018DroppedAnnual report
    This annual securities report does not directly refer to relieving the burden through a review of service fees between the holding company and operating companies.
  7. FY2018-Q3RestatedAnnual report

    「The Company, as the holding company, reviewed the service fees charged to each operating company and reduced their burden, while」

    Repetition of the measure under which the holding company reviewed the service fees charged to each operating company and reduced their burden.
  8. FY2018-Q2RestatedAnnual report

    「The Company, as the holding company, reviewed the service fees charged to each operating company and reduced their burden, while」

    Repetition of the measure under which the holding company reviewed the service fees charged to each operating company and reduced their burden.
  9. FY2018-Q1First statedAnnual report

    「The Company, as the holding company, reviewed the service fees received from each operating company and reduced their burden, while」

    First reference to the measure under which the holding company reviewed the service fees received from operating companies and reduced their burden.
Moved together

"Strengthening the E-commerce Business and Converting All Brand Sites to O2O" moved the same way as this thread, in the same document, in 3 of its 9 moves.

33★12
  1. ★This thread
  2. 1Strengthening the E-commerce Business and Converting All Brand Sites to O2O3×
  3. 2Business Restructuring Through Integration, Liquidation and Transfer of Subsidiary Shares3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Reducing the burden by reviewing fees for outsourced services between the holding company and operating companies | TSI HOLDINGS CO.,LTD. (3608) | Komori