Reorganization of Reportable Segments and Presentation of Common Corporate Expenses as Adjustments
First written in FY2020-Q1. 4 of 5 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2025: 6 of 13 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「Beginning with the first quarter, the company changed its accounting treatment for revenue recognition and accordingly changed the method of calculating segment profit or loss.」
The company continues to use the three segments of Foundations, Sewerage-Related Operations and Solar Power Generation and Real Estate, together with the method of calculating segment profit aligned with the revenue recognition accounting standard. - FY2021-Q3RestatedAnnual report
「Beginning with the first quarter, the company changed its reportable segments from the three former categories of Concrete Products, Construction Work and Real Estate Development to the three categories of Foundations, Sewerage-Related Operations and Solar Power Generation and Real Estate, in order to evaluate the operating results of each segment more appropriately.」
The company reconfirms the change in reportable segment classifications from the first quarter and the purpose of evaluating the operating results of each segment more appropriately. - FY2020-Q3RestatedAnnual report
「Beginning with the first quarter, the company changed its reportable segments from the three former categories of Concrete Products, Construction Work and Real Estate Development to the three categories of Foundations, Sewerage-Related Operations and Solar Power Generation and Real Estate, in order to evaluate the operating results of each segment more appropriately. Beginning with the first quarter, the company also changed the method of presentation for corporate expenses previously allocated to each segment, presenting them as Adjustments not attributable to reportable segments.」
The company reconfirms the change in reportable segment classifications from the first quarter and the change in the measurement method under which corporate expenses are presented as adjustments. - FY2020-Q2RestatedAnnual report
「Beginning with the first quarter, the company changed its reportable segments from the three former categories of Concrete Products, Construction Work and Real Estate Development to the three categories of Foundations, Sewerage-Related Operations and Solar Power Generation and Real Estate, in order to evaluate the operating results of each segment more appropriately. Beginning with the first quarter, the company also changed the method of presentation for corporate expenses previously allocated to each segment, presenting them as Adjustments not attributable to reportable segments.」
The company reconfirms the change in reportable segment classifications from the first quarter and the change in the measurement method under which corporate expenses are presented as adjustments. - FY2020-Q1First statedAnnual report
「Beginning with the first quarter of the current consolidated fiscal year, the company changed its reportable segments from the three former categories of Concrete Products, Construction Work and Real Estate Development to the three categories of Foundations, Sewerage-Related Operations and Solar Power Generation and Real Estate, in order to evaluate the operating results of each segment more appropriately. Beginning with the first quarter of the current consolidated fiscal year, the company also changed the method of presentation for corporate expenses previously allocated to each segment, presenting them as Adjustments not attributable to reportable segments.」
The company changed its reportable segments from Concrete Products, Construction Work and Real Estate Development to Foundations, Sewerage-Related Operations and Solar Power Generation and Real Estate, and began presenting corporate expenses as adjustments rather than allocating them to each segment.