Reclassification of hotel room cleaning and other outsourcing costs to cost of sales
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
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- FY2020RestatedAnnual report
「In the current consolidated fiscal year, outsourcing costs related to hotel room cleaning and other services amounted to ¥722.920 million, and this amount is presented as included in cost of sales.」
The company continued to present outsourcing costs related to hotel room cleaning and other services in cost of sales rather than selling, general and administrative expenses, and disclosed the amount for the year. - FY2020-Q3RestatedAnnual report
「In certain consolidated subsidiaries, outsourcing costs related to hotel room cleaning and other services, which had previously been recorded as selling, general and administrative expenses, have been recorded as cost of sales from the first quarter of the current consolidated fiscal year.」
The presentation method of recording outsourcing costs related to hotel room cleaning and other services as cost of sales continues to be applied. - FY2020-Q2RestatedAnnual report
「In certain consolidated subsidiaries, outsourcing costs related to hotel room cleaning and other services, which had previously been recorded as selling, general and administrative expenses, have been recorded as cost of sales from the first quarter of the current consolidated fiscal year.」
The presentation method of changing outsourcing costs related to hotel room cleaning and other services from selling, general and administrative expenses to cost of sales continues to be applied in the current quarter. - FY2020-Q1First statedAnnual report
「In certain consolidated subsidiaries, outsourcing costs related to hotel room cleaning and other services, which had previously been recorded as selling, general and administrative expenses, have been recorded as cost of sales from the first quarter of the current consolidated fiscal year.」
For outsourcing costs related to room cleaning and other services in the hotel operations business, the presentation category was changed from selling, general and administrative expenses to cost of sales to establish a cost management system and present the substance of the costs more appropriately.