Reorganization of Business Segments Following the Concentration of Management Resources on Growth Areas
First written in FY2017-Q1. 9 of 18 entries say "Restated". Latest entry: FY2024-Q1.
NEXYZ.Group moved to the "Worse" side of this theme in 2022.
1 other company's latest entry also says "Reframed".
- FY2024-Q1ReframedAnnual report
「From the first quarter of the current fiscal year, the former Electronic Media Business was renamed the Media Promotion Business. This was a change in the segment name only and had no impact on segment information.」
The Electronic Media Business was renamed the Media Promotion Business to express the business strategy more clearly. The company states that the change was in name only and had no impact on segment information. - FY2023ReframedAnnual report
「From the current fiscal year, the Group revised the method of classifying its business segments to address changes in its earnings structure. The reportable segments were changed from Nexyz Zero Business, Power Retail Business and Electronic Media Business to Nexyz Zero Business and Electronic Media Business. In addition, the reportable segment formerly called Nexyz Zero Business was renamed the Embedded Finance Business.」
The Power Retail Business was removed as a standalone reportable segment, reorganizing the business into two segments, Nexyz Zero Business and Electronic Media Business, while Nexyz Zero Business was renamed the Embedded Finance Business. - FY2023-Q3RestatedAnnual report
「From the first quarter, the Group revised the method of classifying its business segments to address changes in its earnings structure. The reportable segments were changed from Nexyz Zero Business, Power Retail Business and Electronic Media Business to Nexyz Zero Business, Electronic Media Business and Other.」
The Power Retail Business was moved from a standalone reportable segment to Other, and the reorganization into three segments, Nexyz Zero Business, Electronic Media Business and Other, continues to be applied. - FY2023-Q1ReframedAnnual report
「From the first quarter of the current fiscal year, the Group revised the method of classifying its business segments to address changes in its earnings structure. The reportable segments were changed from Nexyz Zero Business, Power Retail Business and Electronic Media Business to Nexyz Zero Business, Electronic Media Business and Other.」
The Power Retail Business was moved from a standalone reportable segment to Other, reorganizing the segments into Nexyz Zero Business, Electronic Media Business and Other. - FY2022-Q1ReframedAnnual report
「As described under Changes in Accounting Policies, the company applied the Accounting Standard for Revenue Recognition and other standards from the beginning of the first quarter of the current fiscal year and changed its accounting treatment for revenue recognition. Accordingly, it also changed the method of measuring segment profit or loss. In addition, from the end of the previous fiscal year, personnel expenses that had not previously been allocated to individual reportable segments have been included in the operating expenses of each reportable segment.」
Although the three reportable business segments themselves have been retained, the method of measuring segment profit has been revised due to the adoption of the Accounting Standard for Revenue Recognition and a change in the allocation method for personnel expenses. - FY2021-Q3RestatedAnnual report
「As the power retail business included in the Nexyz Zero Business has grown in quantitative importance, the Group has reviewed its management methods in light of changes in its business portfolio and other factors to clarify the earnings of each business. Accordingly, from the first quarter, the reportable segments were changed from the previous two segments, Nexyz Zero Business and Electronic Media Business, to three segments: Nexyz Zero Business, Power Retail Business and Electronic Media Business.」
The change to three reportable segments in response to the increased quantitative importance of the Power Retail Business, together with the management methods for clarifying earnings, continues to be applied. - FY2021-Q2RestatedAnnual report
「As the power retail business included in the Nexyz Zero Business has grown in quantitative importance, the Group has reviewed its management methods in light of changes in its business portfolio and other factors to clarify the earnings of each business. Accordingly, from the first quarter, the reportable segments were changed from the previous two segments, Nexyz Zero Business and Electronic Media Business, to three segments: Nexyz Zero Business, Power Retail Business and Electronic Media Business.」
The change to three reportable segments in response to the increased quantitative importance of the Power Retail Business continues to be applied in the second quarter. - FY2021-Q1ReframedAnnual report
「As the power retail business included in the Nexyz Zero Business has grown in quantitative importance, the Group has reviewed its management methods in light of changes in its business portfolio and other factors to clarify the earnings of each business. Accordingly, from the first quarter of the current fiscal year, the reportable segments were changed from the previous two segments, Nexyz Zero Business and Electronic Media Business, to three segments: Nexyz Zero Business, Power Retail Business and Electronic Media Business.」
In response to the increased importance of the Power Retail Business, the company reorganized its two reportable segments into three and established a management structure to clarify earnings. - FY2019RestatedAnnual report
「From the current fiscal year, the Group changed the name of the reportable segment formerly called the Energy and Environment-Related Business to the Nexyz Zero Business. This change in the reportable segment name had no impact on segment information. Segment information for the previous fiscal year is also presented under the new name.」
The change in the segment name to Nexyz Zero Business, reflecting the concentration of resources on growth areas, continues to be applied for the full fiscal year. - FY2019-Q3RestatedAnnual report
「From the first quarter of the current fiscal year, the name of the former Energy and Environment-Related Business was changed to the Nexyz Zero Business. This was a change in name only and had no impact on segment information.」
The segment name change made in response to the concentration of resources on growth areas continues to be applied, with no impact on segment information. - FY2019-Q2RestatedAnnual report
「From the first quarter, the name of the former Energy and Environment-Related Business was changed to the Nexyz Zero Business. This was a change in name only and had no impact on segment information.」
The change to the segment name Nexyz Zero Business, made in response to the concentration of resources on growth areas, continues to be applied, with no impact on segment information. - FY2019-Q1ReframedAnnual report
「From the first quarter of the current fiscal year, the name of the reportable segment formerly called the Energy and Environment-Related Business was changed to the Nexyz Zero Business. This was a change in the segment name only and had no impact on segment information.」
The reportable segment aligned with the concentration of resources on growth areas was renamed from the Energy and Environment-Related Business to the Nexyz Zero Business. The company states that the change was in name only and had no impact on segment information. - FY2018RestatedAnnual report
「The company classifies its reportable segments based on factors including the similarity of the products and services in each segment, and has two reportable segments: the Energy and Environment-Related Business and the Electronic Media Business.」
Following the transfer of the Cultural and Educational Business, the company has applied throughout the fiscal year a structure with two reportable segments, the Energy and Environment-Related Business and the Electronic Media Business, aligned with its growth areas. - FY2018-Q1AdvancedAnnual report
「Business separation date 15 November 2017” “Under these circumstances, the company determined that transferring all of its shares in Hakubi Co., Ltd., which operates the Cultural and Educational Business, would help increase the corporate value of the Group, and decided to transfer all of the shares.」
Regarding the concentration of management resources on growth areas and the review of the business portfolio, the company completed the transfer of all shares in Hakubi on 15 November 2017 and excluded the Cultural and Educational Business from the scope of consolidation. - FY2017AdvancedAnnual report
「While entering these untapped fields and expanding its business scope, the company has periodically reviewed its business portfolio, including by transferring its shares in Hakubi Co., Ltd., a subsidiary that operates kimono dressing schools and other businesses, in November 2017.」
While concentrating resources on growth areas, the company transferred all shares in Hakubi in November 2017, giving concrete effect to its review of the business portfolio. - FY2017-Q3RestatedAnnual report
「From the first quarter, the business segments presented as reportable segments have been changed, and comparisons and analysis are presented based on the revised segment classifications.」
The segment reorganization implemented from the first quarter in response to the concentration of management resources on growth areas continues to be applied. - FY2017-Q2RestatedAnnual report
「From the first quarter, the business segments presented as reportable segments have been changed, and comparisons and analysis are presented based on the revised segment classifications.」
The reorganization of reportable segments implemented from the first quarter continues to be applied in response to the concentration of management resources on growth areas. - FY2017-Q1First statedAnnual report
「From the first quarter of the current fiscal year, the company revised the method of classifying its business segments to address changes in its earnings structure resulting from its continued concentration of management resources on growth areas. The reportable segments were changed from the previous Life Amenities Business, Solution Services Business and Cultural and Educational Business to the Energy and Environment-Related Business, Electronic Media Business, Cultural and Educational Business and Other.」
The company has reorganized its reportable segments in response to the concentration of management resources on growth areas and changes in its earnings structure.