Change to the consolidated presentation of selling, general and administrative expenses
First written in FY2021-Q2. 1 of 2 entries say "Restated". Latest entry: FY2021-Q3.
1 other company's latest entry also says "Restated".
- FY2021-Q3RestatedAnnual report
「From the beginning of the first quarter of the fiscal year, the company changed the presentation of selling, general and administrative expenses, which had previously been presented by expense category, to an aggregate presentation as “selling, general and administrative expenses” in order to improve the readability and clarity of the consolidated statement of income.」
The company has continued to disclose the change to an aggregated presentation of selling, general and administrative expenses and its purpose of improving the readability and clarity of the income statement. - FY2021-Q2First statedAnnual report
「From the beginning of the first quarter of the fiscal year, the company changed the presentation of selling, general and administrative expenses, which had previously been presented by expense category, to an aggregate presentation as “selling, general and administrative expenses” in order to improve the readability and clarity of the consolidated statement of income.」
This is the first confirmation that selling, general and administrative expenses were changed from a breakdown by expense item to an aggregated presentation to improve the readability and clarity of the consolidated income statement.