Change in Cost Classification Following Changes to the Management Organizational Structure of the Energy and Environmental Business
First written in FY2017-Q2. . Latest entry: FY2017.
1 other company's latest entry also says "Other".
- FY2017Cumulative Impact UpdatedAnnual report
「As a result of this change, cost of sales for the current consolidated fiscal year decreased by ¥1,290.468 million compared with the previous method, while gross profit increased by the same amount. Selling, general and administrative expenses increased by ¥1,290.468 million.」
The company disclosed a full-year cumulative impact of ¥1,290.468 million from the change in expense classification following the organizational restructuring of the energy and environmental business. - FY2017-Q3Cumulative Impact UpdatedAnnual report
「As a result of this change, cost of sales for the nine-month period ended in the third quarter of the current consolidated fiscal year decreased by ¥954.127 million compared with the previous method, while gross profit increased by the same amount. Selling, general and administrative expenses increased by ¥954.127 million.」
The company continued to disclose the change in expense classification following the organizational restructuring of the energy and environmental business, with the cumulative impact reaching ¥954.127 million. - FY2017-Q2First statedAnnual report
「Following a change in the organizational structure of the energy and environmental business, the company reviewed the functions of each department and began recording certain expenses previously included in cost of sales as selling, general and administrative expenses. As a result of this change, cost of sales for the six-month period ended in the second quarter of the current consolidated fiscal year decreased by ¥627.739 million compared with the previous method, while gross profit increased by the same amount. Selling, general and administrative expenses increased by ¥627.739 million.」
¥627.739 million in expenses was reclassified from cost of sales to selling, general and administrative expenses following changes to the organizational structure of the energy and environmental business and a review of departmental functions.