Review of Engineering Division Functions and Change in Expense Presentation Classification
First written in FY2018-Q2. 2 of 4 entries say "Restated". Latest entry: FY2019.
0 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual reportThe FY2019 annual securities report does not repeat the explanation of the change in expense presentation associated with the review of the technology division's functions described in FY2018.
- FY2018RestatedAnnual report
「Compared with the previous method, this change reduced cost of sales for the consolidated fiscal year by ¥60,154 thousand and increased gross profit by the same amount. It also increased selling, general and administrative expenses by ¥78,591 thousand and reduced operating profit by ¥18,437 thousand.」
The disclosure repeats the change in expense presentation associated with the review of the technology division's functions and its presentational impact on cost of sales, SG&A expenses and operating profit for the FY2018 cumulative period. - FY2018-Q3RestatedAnnual report
「Compared with the previous method, this change reduced cost of sales for the cumulative consolidated third quarter ended to date by ¥42,858 thousand and increased gross profit by the same amount. It also increased selling, general and administrative expenses by ¥62,054 thousand and reduced operating profit by ¥19,195 thousand.」
The change in expense presentation associated with the review of the technology division's functions, and its presentational impact over the cumulative period, continue to be disclosed. - FY2018-Q2First statedAnnual report
「Following a change in the management organisation and a review of the technology division's functions, the company has reclassified some expenses previously recorded in cost of sales as selling, general and administrative expenses. Compared with the previous method, this change reduced cost of sales for the cumulative consolidated second quarter ended to date by ¥22,380 thousand and increased gross profit by the same amount. It also increased selling, general and administrative expenses by ¥40,864 thousand and reduced operating profit by ¥18,483 thousand.」
The disclosure records for the first time the review of the technology division's functions following a change in the management organisation, the resulting change in expense classification and its presentational impact on operating profit.