Kawaguchi Chemical Industry (4361) · PolicyRestated
Reclassification of Rental Income as Net Sales
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2019.
2entries
4years
0from disclosures
How it moved
Same theme, other companies
Changes in the presentation classification of rental income and expenses as real estate becomes the core businessA theme 24 companies write about · 0 as a headwind · 3 as a tailwind
16 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 24 companies compared. The sentences above are computed from all 24.Full recordFilings, disclosures and news, newest first
- FY2019RestatedAnnual report
「Rental income is recorded as net sales and rental expenses as cost of sales」
The policy of treating the real estate leasing business as part of the core business and presenting rental income as net sales continues. - FY2016First statedAnnual report
「From the current consolidated fiscal year onward, the Company has classified its real estate leasing business as part of the Group's principal businesses and decided to make it one of its new revenue sources by actively pursuing leasing. The presentation was changed to more appropriately reflect the substance of its business activities.」
Following the positioning of real estate leasing as part of the principal business and a new revenue source, rental income was reclassified from non-operating income to net sales.