Review of the internal control structure and reporting segments accompanying the allocation of management resources to growth areas
First written in FY2022-Q1. 3 of 6 entries say "Restated". Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1ReframedAnnual report
「During the current interim consolidated accounting period, the water-related equipment business, a priority area, and the maintenance and HOD (water delivery) businesses, foundational areas, generally progressed as planned. In the FOOD business, an exploratory area, however, earnings were affected by the reversal of temporary revenue and profit recorded in the previous fiscal year from equipment and machinery exports, as well as front-loaded fixed costs, including depreciation, associated with the start-up of a new plant in the Chinese prepared-food manufacturing and sales division.」
The company describes its business portfolio as comprising water-related equipment as a priority area, maintenance and HOD as foundational areas, and FOOD as an exploratory area, and identifies progress against plan and earnings challenges for each area. - FY2025-H1RestatedAnnual report
「The reportable segment previously referred to as the franchise business has been renamed the FOOD business, reflecting its focus on food-related operations. The Company has also reviewed its aggregation method to more appropriately reflect profit and loss by reportable segment.」
The company has reaffirmed the name change from the Franchise Business segment to the FOOD Business segment and the review of the method for aggregating segment profit and loss. - FY2025-Q1ReframedAnnual report
「The reportable segment previously described as the Franchise Business segment has been renamed the FOOD Business segment as a business related to food. In addition, the company reviewed its aggregation method to reflect profit and loss by reportable segment more appropriately.」
For reportable segments, the company changed the name from the Franchise Business segment to the FOOD Business segment and reviewed the aggregation method to reflect profit and loss more appropriately. - FY2022-Q3RestatedAnnual report
「The Group has considered its strategy and business direction in order to direct its management resources effectively and appropriately toward future growth areas. In preparation for implementing specific measures, the company changed its internal control system to make it more effective in light of changes in the business environment. Accordingly, it changed the method of classifying reportable segments because the management categories used for management decision-making and budgeting were reviewed.」
The company has reaffirmed its policy of reporting 4 business segments following a review of its internal control system and management categories aimed at allocating management resources to growth areas. - FY2022-Q2RestatedAnnual report
「The Group has considered its strategy and business direction in order to direct its management resources effectively and appropriately toward future growth areas. In preparation for implementing specific measures, the company changed its internal control system to make it more effective in light of changes in the business environment. Accordingly, it changed the method of classifying reportable segments because the management categories used for management decision-making and budgeting were reviewed.」
The company has reaffirmed its policy of reporting 4 business segments following a review of its internal control system and management categories aimed at allocating management resources to growth areas. - FY2022-Q1First statedAnnual report
「The Group has considered its strategy and business direction in order to direct its management resources effectively and appropriately toward future growth areas. In preparation for implementing specific measures, the company changed its internal control system to make it more effective in light of changes in the business environment. Accordingly, it changed the method of classifying reportable segments because the management categories used for management decision-making and budgeting were reviewed.」
To allocate management resources to future growth areas, the company reviewed its internal control system and the management categories used for management decision-making and budgeting, discontinued the Other business segment and changed to 4 reportable segments.