Change in the presentation of shipping charges to revenue and designation of transportation services as a principal activity
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AchievedAnnual report
「Effective from the fiscal year, freight revenue previously presented under non-operating income has been reclassified and presented as net sales. This change reflects the significant increase in the materiality of freight revenue following a review of freight charges in response to rising logistics costs, and the repositioning of transportation services accompanying product sales as a core business activity. The purpose is to present the substance of our business activities more appropriately.」
Freight revenue was reclassified from non-operating income to net sales, and transportation services accompanying product sales were repositioned as a core business activity. ¥23.619 million from the same period of the previous year was reclassified. - FY2025-H1First statedAnnual report
「Effective from the current interim accounting period, freight revenue previously presented under non-operating income has been reclassified and presented as net sales. This change reflects the significant increase in the materiality of freight revenue following a review of freight charges in response to rising logistics costs, and the repositioning of transportation services accompanying product sales as a core business activity. The purpose is to present the substance of our business activities more appropriately. As a result, ¥7.741 million previously presented as freight revenue under non-operating income in the interim income statement for the previous interim accounting period has been reclassified as net sales.」
Against the backdrop of rising logistics costs and the increased materiality of freight revenue, freight revenue was reclassified from non-operating income to net sales, and transportation services accompanying product sales were repositioned as a core business activity. ¥7.741 million from the same period of the previous year was reclassified as net sales.