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The Takigami Steel Construction (5918) · InitiativeRestated

Reclassification of Rental Income and Expenses Following the Succession of 瀧上工作所’s Business

First written in FY2022-Q2. 2 of 3 entries say "Restated". Latest entry: FY2022.

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ProgressHeldSoftenedWorseRestatedFY2022-Q2 – FY20222021: 120212022: 22022
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  1. FY2022RestatedAnnual report

    「Rental income and rental expenses of the consolidated subsidiary 株式会社瀧上工作所, which had been presented under “Non-operating income” and “Non-operating expenses,” respectively, in the previous consolidated fiscal year, are now presented from the current consolidated fiscal year with rental income included in “Construction revenue” and rental expenses included in “Cost of construction revenue.”」

    The company continues to disclose in its annual report the reclassification of rental income and rental expenses associated with the succession of 瀧上工作所’s business and the addition of the real estate leasing business.
  2. FY2022-Q3RestatedAnnual report

    「Rental income and rental expenses of the consolidated subsidiary 株式会社瀧上工作所, which had previously been presented under “Non-operating income” and “Non-operating expenses,” respectively, are now presented from the first quarter of the current consolidated fiscal year with rental income included in “Construction revenue” and rental expenses included in “Cost of construction revenue.”」

    The company continues to disclose the reclassification of rental income and rental expenses associated with the succession of 瀧上工作所’s business and the addition of the real estate leasing business.
  3. FY2022-Q2First statedAnnual report

    「Rental income and rental expenses of the consolidated subsidiary 株式会社瀧上工作所, which had previously been presented under “Non-operating income” and “Non-operating expenses,” respectively, are now presented from the first quarter of the current consolidated fiscal year with rental income included in “Construction revenue” and rental expenses included in “Cost of construction revenue.”」

    Following the succession of the steel structures manufacturing business through an absorption-type company split on 1 April 2021 and the addition of real estate leasing to the operating items, the company changed the presentation categories for rental income and rental expenses. Reclassifying the prior-year comparative period increased operating income by ¥2 million.
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Reclassification of Rental Income and Expenses Following the Succession of 瀧上工作所’s Business | The Takigami Steel Construction Co.,Ltd. (5918) | Komori