Review of the Profit Calculation Method for Segment Performance Evaluation
First written in FY2021-Q1. 4 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「From the current interim consolidated accounting period, we have reviewed the allocation method for certain corporate expenses in order to reflect the performance of each reportable segment more appropriately. Segment information for the previous interim consolidated accounting period is presented based on the revised allocation method.」
Following the previous revisions to intersegment transaction adjustments and the adoption of the revenue recognition standard, the company reviewed the allocation method for certain corporate expenses from the current interim period and presents comparative information for the previous year using the revised method. - FY2022-Q3RestatedAnnual report
「As described under Changes in Accounting Policies, because the company applied the revenue recognition accounting standard and related standards from the beginning of the first quarter of the current consolidated fiscal year and changed its accounting treatment for revenue recognition, it has likewise changed the method for calculating the profit or loss of business segments.」
The company continues to apply the method for calculating segment profit changed upon adoption of the revenue recognition accounting standard and related standards. - FY2022-Q2RestatedAnnual report
「As described under Changes in Accounting Policies, because the company applied the revenue recognition accounting standard and related standards from the beginning of the first quarter of the current consolidated fiscal year and changed its accounting treatment for revenue recognition, it has likewise changed the method for calculating the profit or loss of business segments.」
The company continues to apply the method for calculating segment profit changed upon adoption of the revenue recognition accounting standard. In the agricultural chemicals business, net sales and segment profit decreased by ¥875 million compared with the previous method. - FY2021-Q3RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, we have reviewed the method for adjusting intersegment transactions and changed the method for calculating the profit or loss of reportable segments in order to evaluate and manage the performance of each reportable segment more appropriately.」
The company continues to apply the method for calculating segment profit revised from the fiscal year ended March 2021. - FY2021-Q2RestatedAnnual report
「Our group changed the method of aggregating segment operating profit from the fiscal year ended March 2021, and year-on-year comparisons are calculated using figures aggregated under the same method.」
The company continues to apply the new profit aggregation method, revised from the fiscal year ended March 2021, for adjusting intersegment transactions. - FY2021-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, we have reviewed the method for adjusting intersegment transactions and changed the method for calculating the profit or loss of reportable segments in order to evaluate and manage the performance of each reportable segment more appropriately.」
From the first quarter of the current fiscal year, the company reviewed the method for adjusting intersegment transactions and changed the method for calculating reportable segment profit or loss.