Change in the presentation of アイペット’s investment gains and losses in anticipation of expanding peripheral businesses
First written in FY2021-Q1. 2 of 3 entries say "Restated". Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3RestatedAnnual report
「Securities held for investment purposes by our consolidated subsidiary IPET Insurance, which had been included under “investment securities” in “investments and other assets” in the previous consolidated fiscal year, are now presented as “securities” under “current assets” from the first quarter of the consolidated fiscal year, following a change in our performance management policy in anticipation of expansion into peripheral businesses and to more appropriately reflect the substance of the business.」
The change in the presentation of securities held by IPET, based on a performance management policy anticipating expansion into peripheral pet lifestyle businesses, continues. - FY2021-Q2RestatedAnnual report
「In connection with a change in our performance management policy in anticipation of expansion into peripheral businesses, and to more appropriately reflect the substance of the business, we changed the presentation method from the first quarter of the consolidated fiscal year to present these items as “securities” under “current assets.”」
Changes in the presentation of IPET’s investment gains and losses and securities based on a performance management policy anticipating expansion into peripheral pet lifestyle businesses continue. - FY2021-Q1First statedAnnual report
「In connection with a change in our performance management policy in anticipation of expansion into peripheral businesses, and to more appropriately reflect the substance of the business, we changed the presentation method from the first quarter of the consolidated fiscal year to present these amounts as “revenue” or “cost of sales.”」
For securities and other assets held by IPET for investment purposes, the company changed the presentation categories on the balance sheet and the presentation of investment gains and losses on the income statement in line with a change in its performance management policy.