Changes to revenue presentation by product based on product development and the business environment
First written in FY2023-Q1. 3 of 5 entries say "Restated". Latest entry: FY2024.
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- FY2024RestatedAnnual report
「For revenue disaggregated by product in the current consolidated fiscal year, some products previously classified as “Smart Systems” in the previous consolidated fiscal year have been reclassified and presented as “HMI (Human Machine Interface) products” following a review of product categories.」
The review of product categories based on product development and the business environment has continued, with a portion of Smart Systems reclassified to HMI products. - FY2024-Q3RestatedAnnual report
「Because some product categories were reviewed, a portion of “Smart Systems” in the cumulative third quarter of the previous fiscal year has been reclassified to “HMI (Human Machine Interface) products” in the revenue disaggregated by product for the current cumulative third quarter.」
The presentation method of reclassifying a portion of Smart Systems to HMI products has been continued in the current third quarter for revenue presentation by product. - FY2024-Q1AdvancedAnnual report
「Because some product categories were reviewed, a portion of “Smart Systems” in the cumulative first quarter of the previous fiscal year has been reclassified to “HMI (Human Machine Interface) products” in the revenue disaggregated by product for the current cumulative first quarter.」
For revenue presentation by product, a portion of Smart Systems for the same period of the previous year was reclassified to HMI products following a review of product categories, further adjusting the presentation based on product development and the business environment. - FY2023-Q2RestatedAnnual report
「For revenue disaggregated by product in the current cumulative second quarter, we have adopted a presentation method reflecting our product development and business environment. To reflect this change in presentation, revenue disaggregated by product for the cumulative second quarter of the previous fiscal year has been reclassified and presented as follows. ・“Switches” in the cumulative second quarter of the previous fiscal year have been renamed “HMI (Human Machine Interface) products,” with a portion reclassified to “Smart Systems.” ・A portion of “Key Locks” in the cumulative second quarter of the previous fiscal year has been reclassified to “Smart Systems.” ・A portion of “Other” in the automotive parts business in the cumulative second quarter of the previous fiscal year has been reclassified to “Connectors.” ・“Decorative products” in the cumulative second quarter of the previous fiscal year have been reclassified to “Other” in the automotive parts business.」
The change in the presentation categories for revenue by product based on product development and the business environment has been continued in the current second quarter, with reclassifications to HMI products, Smart Systems, Connectors and other categories. - FY2023-Q1First statedAnnual report
「For revenue disaggregated by product in the current cumulative first quarter, we have adopted a presentation method reflecting our product development and business environment. To reflect this change in presentation, revenue disaggregated by product for the cumulative first quarter of the previous fiscal year has been reclassified and presented as follows. ・“Switches” in the cumulative first quarter of the previous fiscal year have been renamed “HMI (Human Machine Interface) products,” with a portion reclassified to “Smart Systems.” ・A portion of “Key Locks” in the cumulative first quarter of the previous fiscal year has been reclassified to “Smart Systems.” ・A portion of “Other” in the automotive parts business in the cumulative first quarter of the previous fiscal year has been reclassified to “Connectors.” ・“Decorative products” in the cumulative first quarter of the previous fiscal year have been reclassified to “Other” in the automotive parts business.」
Based on product development and the business environment, the revenue presentation by product was revised. “Switches” was renamed “HMI products,” with reclassifications to Smart Systems, Connectors and Other, and the comparative presentation for the same period of the previous year was also revised.