Change in Method for Allocating Administrative Expenses to Segments
First written in FY2019-Q1. 2 of 6 entries say "Reframed", first in FY2021-Q1. Latest entry: FY2025-H1.
Resol Holdings moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 6 of 13 companies on the "Worse" side.
11 other companies' latest entry also says "Reframed".
- FY2025-H1ReframedAnnual report
「From the current interim consolidated fiscal year, the company decided to partially review the allocation of revenue and expenses within the head-office functions in order to reflect management classifications more appropriately in the performance of each reportable segment. Accordingly, the methods for measuring profit or loss in the Hotel Operations Business, Golf Operations Business, Renewable Energy Business and Investment and Revitalization Business were changed.」
The company reviewed the allocation of head-office revenue and expenses and changed the methods for measuring segment profit in the hotel, golf, renewable energy and investment and revitalization businesses. - FY2021-Q3RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the group adopted a management system placing greater emphasis on ordinary profit or loss rather than operating profit or loss as a management indicator, in order to clarify the performance of each segment, including the Investment and Revitalization Business.」
In segment management, including the Investment and Revitalization Business, the change to indicators placing greater emphasis on ordinary profit or loss than on operating profit or loss continues to be applied. - FY2021-Q2RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the group adopted a management system placing greater emphasis on ordinary profit or loss rather than operating profit or loss as a management indicator, in order to clarify the performance of each segment, including the Investment and Revitalization Business.」
The change to segment management indicators, placing greater emphasis on ordinary profit or loss than on operating profit or loss, and the revised profit measurement method continue to be applied. - FY2021-Q1ReframedAnnual report
「From the first quarter of the current consolidated fiscal year, the group adopted a management system placing greater emphasis on ordinary profit or loss rather than operating profit or loss as a management indicator, in order to clarify the performance of each segment, including the Investment and Revitalization Business. Accordingly, to evaluate segment performance more appropriately, the method of reconciling disclosed segment profit with operating income or loss in the quarterly consolidated income statement was changed to a method reconciling it with ordinary income or loss. At the same time, the allocation criteria for Companywide Profit or Loss were reviewed and the method of calculating profit or loss for each reportable segment was changed to reflect segment performance more appropriately.」
For segment management, the company shifted to a system placing greater emphasis on ordinary profit or loss than on operating profit or loss, and also reviewed the profit reconciliation method and allocation criteria for Companywide Profit or Loss. - FY2019DroppedAnnual reportThe segment information for the fiscal year does not explicitly state that the allocation method for management expenses was changed.
- FY2019-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, the company changed the allocation method for some management expenses in order to evaluate segment performance more appropriately following the changes to the classifications described above.」
Following the changes to the segment classifications, the company changed the allocation method for some management expenses used to evaluate segment performance.