Komori
Moresco (5018) · FactRestated

Change in reportable segment classification reflecting preliminary expenses of an Indian subsidiary

First written in FY2019-Q2. 3 of 4 entries say "Restated". Latest entry: FY2020.

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3years
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ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY20202018: 120182019: 220192020: 12020
Same theme, other companies
South Asia regional classification reflecting upfront costs for the Indian subsidiaryA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2020RestatedAnnual report

    「The company comprises geographic segments based on its manufacturing and sales structure, with Japan, China, Southeast and South Asia, and North America as its 4 reportable segments.」

    The 4-region reportable segment structure using the Southeast and South Asia category, which includes the Indian subsidiary, has been retained.
  2. FY2019RestatedAnnual report

    「The Group's segments comprise geographic segments based on its manufacturing and sales structure, with Japan, China, Southeast and South Asia, and North America as its 4 reportable segments.」

    The reportable segment structure using the Southeast and South Asia category, which includes the Indian subsidiary, has been retained.
  3. FY2019-Q3RestatedAnnual report

    「In addition, the reportable segments were changed from the first quarter of the current consolidated fiscal year. Details are provided in Part 4, Accounting Information, 1. Quarterly Consolidated Financial Statements, Notes (Segment Information, etc.).」

    The company has continued to disclose the change in reportable segments from Southeast Asia to Southeast and South Asia, prompted by the incurrence of initial costs at the Indian subsidiary.
  4. FY2019-Q2First statedAnnual report

    「Following the incurrence of initial costs at MORESCO HM&LUB INDIA PRIVATE LIMITED, the Indian subsidiary, the reportable segments were changed from the four categories of Japan, China, Southeast Asia and North America to the four categories of Japan, China, Southeast and South Asia, and North America, beginning with the first-quarter consolidated accounting period.」

    The company reported that, following the incurrence of initial costs at the Indian subsidiary, the former Southeast Asia category was changed to Southeast and South Asia.
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