Changes to segment classifications accompanying a review of management decision-making materials
First written in FY2020-Q1. 5 of 8 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AdvancedAnnual report
「The former Nidec Instruments, Nidec Techno Motor, Nidec Mobility, Nidec Advanced Technology and Other segments are now classified as the Group Companies Business segment.」
Following a review of materials used for management decision-making and performance evaluation, the Company consolidated several consolidated-subsidiary segments into the Group Companies Business segment. - FY2024-Q1AdvancedAnnual report
「Effective 1 April 2023, the Nidec Sankyo segment changed its name to the Nidec Instruments segment. Effective 1 April 2023, the Nidec Shimpō segment changed its name to the Machinery Business Headquarters segment.」
The Company disclosed that the names of several reportable segments were changed effective 1 April 2023 to align with the Nidec brand and other naming conventions. - FY2023-Q3RestatedAnnual report
「During the first quarter, the Company partially changed its segment classification. This resulted from a review by the chief operating decision-maker of the reports used for business decisions and performance evaluation. The former ACIM segment was split into the ACIM and MOEN segments. In addition, the Nidec Read Group, which had previously been included in the Other segment, is disclosed as the Nidec Read segment because of its increased materiality.」
The Company reconfirmed the change in segment management and reporting classification involving the split of ACIM and the separate disclosure of Nidec Read. - FY2023-Q2RestatedAnnual report
「During the first quarter, the Company partially changed its segment classification. This resulted from a review by the chief operating decision-maker of the reports used for business decisions and performance evaluation. The former ACIM segment was split into the ACIM and MOEN segments. In addition, the Nidec Read Group, which had previously been included in the Other segment, is disclosed as the Nidec Read segment because of its increased materiality.」
The Company reconfirmed the change in segment management and reporting classification involving the split of ACIM and the separate disclosure of Nidec Read. - FY2023-Q1AdvancedAnnual report
「During the first quarter of the current fiscal year, the Company partially changed its segment classification. This resulted from a review by the chief operating decision-maker of the reports used for business decisions and performance evaluation. The former ACIM segment was split into the ACIM and MOEN segments. In addition, the Nidec Read Group, which had previously been included in the Other segment, is disclosed as the Nidec Read segment because of its increased materiality.」
Following a review of management decision-making materials, the Company changed its management and reporting classification by splitting ACIM into ACIM and MOEN and disclosing Nidec Read as a separate segment. - FY2022AdvancedAnnual report
「During the current consolidated fiscal year, the Company finalized the provisional accounting treatment for the business combination. The consolidated financial statements for the previous consolidated fiscal year therefore reflect the amounts after revisions to the initial allocation of the acquisition cost resulting from finalization of the provisional accounting treatment.」
Following the inclusion of Mitsubishi Heavy Industries Machine Tool and OKK, the Company continues to manage segments and disclose performance, including the machine tools business of Nidec Sankyo. - FY2021-Q1AdvancedAnnual report
「The Company changed its segment classification from the first quarter of the current fiscal year. This resulted from a review by the chief operating decision-maker of the reports used for business decisions and performance evaluation, with greater emphasis on managing the profitability of each consolidated subsidiary by business headquarters and domestic group company, following the continued increase in consolidated subsidiaries including Embraco and Nidec Mobility.」
Following the increase in consolidated subsidiaries such as Embraco and Nidec Mobility, the Company reviewed its segment classification and management decision-making materials to place greater emphasis on profitability management by business headquarters and domestic group company. - FY2020-Q1First statedAnnual report
「During the first quarter of the current fiscal year, the Company partially changed its segment classification. This resulted from a review by the chief operating decision-maker of the reports used for business decisions and performance evaluation.」
The companies in the Nidec Seimitsu Group that had previously been included in Other, excluding Nidec Precision Motor Technology (Dongguan) Co., Ltd., were transferred to the Nidec Copal segment, and prior-year figures were reclassified and restated.