Review of segment and expense presentation methods in connection with business diversification
First written in FY2018-Q1. 5 of 8 entries say "Restated". Latest entry: FY2024.
3 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company has adopted “Connecting the World through ‘Fun’” as its management philosophy and primarily operates through 3 reportable segments: the advertising business, trading card business and other businesses.」
Following the change in reportable segments due to the increased quantitative significance of the trading card business, the 3 categories of advertising, trading cards and other businesses have also been applied in the annual report. - FY2024-Q1AdvancedAnnual report
「Beginning with the first quarter of the current fiscal year, the Company has changed its presentation method to report the trading card business as a reportable segment, as its quantitative significance has increased from its previous inclusion in Other.」
As the trading card business became quantitatively significant, it reached the stage of being presented as a separate reportable segment from the former Other category. - FY2022-Q3RestatedAnnual report
「In addition, from the first quarter, the company changed the reportable segment for contract-based systems development, operations and maintenance from the Other business to the Advertising business after considering rational classifications in light of future business development, including the development and operational support services for the advertising distribution platform described above.」
The revised reportable segment classification, under which contract-based systems development, operations and maintenance were changed to the Advertising business and IoT solutions to the Other business, has also been applied in the third quarter of the current fiscal year. - FY2022-Q1AdvancedAnnual report
「From the first quarter of the current fiscal year, the company changed its reportable segments after considering rational classifications in light of future business development. “Contract-based systems development, operations and maintenance” previously included in “Other” was changed to “Advertising,” while “Planning, development, sales and operation of IoT solutions” was changed to “Other.”」
The company reviewed its reporting classifications in light of business development and reclassified contract-based systems development, operations and maintenance to the Advertising business and IoT solutions to the Other business. - FY2018RestatedAnnual report
「Following the diversification of the businesses and services operated by the Group, the management structure and allocation calculations for personnel expenses and other costs associated with each business and service were reviewed. The change was made to present the Group’s gross profit, selling, general and administrative expenses more appropriately by including personnel expenses and other costs corresponding to revenue in cost of sales.」
The company has continued to review expense management and allocation calculations following business diversification and to present personnel expenses and other costs in cost of sales. - FY2018-Q3RestatedAnnual report
「Following the diversification of the businesses and services operated by the Group, the management structure and allocation calculations for personnel expenses and other costs associated with each business and service were reviewed. The change was made to present the Group’s gross profit, selling, general and administrative expenses more appropriately by including personnel expenses and other costs corresponding to revenue in cost of sales. To reflect this change in presentation, ¥352.746 million previously presented as selling, general and administrative expenses was reclassified to cost of sales in the condensed quarterly consolidated statements of income for the cumulative third quarter of the previous fiscal year.」
The company has continued to review expense management and allocation calculations following business diversification and to present the corresponding personnel expenses and other costs in cost of sales. ¥352.746 million from the same period of the previous year was reclassified. - FY2018-Q2RestatedAnnual report
「Following the diversification of the businesses and services operated by the Group, the management structure and allocation calculations for personnel expenses and other costs associated with each business and service were reviewed. The change was made to present the Group’s gross profit, selling, general and administrative expenses more appropriately by including personnel expenses and other costs corresponding to revenue in cost of sales. To reflect this change in presentation, ¥243.736 million previously presented as selling, general and administrative expenses was reclassified to cost of sales in the condensed quarterly consolidated statements of income for the cumulative second quarter of the previous fiscal year.」
The company has continued to review expense management and allocation calculations following business diversification and to present the corresponding personnel expenses and other costs in cost of sales. ¥243.736 million from the same period of the previous year was reclassified. - FY2018-Q1First statedAnnual report
「Following the diversification of the businesses and services operated by the Group, the management structure and allocation calculations for personnel expenses and other costs associated with each business and service were reviewed. The change was made to present the Group’s gross profit, selling, general and administrative expenses more appropriately by including personnel expenses and other costs corresponding to revenue in cost of sales. To reflect this change in presentation, ¥128.800 million previously presented as selling, general and administrative expenses was reclassified to cost of sales in the condensed quarterly consolidated statements of income for the cumulative first quarter of the previous fiscal year.」
Following the diversification of the businesses and services, the company reviewed its expense management structure and the allocation calculations for general and administrative expenses and changed its presentation method to include the corresponding personnel expenses and other costs in cost of sales. ¥128.800 million from the same period of the previous year was reclassified.