Start of separate presentation of income from overseas real estate
First written in FY2023-Q1. 3 of 5 entries say "Restated". Latest entry: FY2024.
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- FY2024RestatedAnnual report
「The method of presenting segment information has been changed to report the segments as the lease fund business, domestic real estate fund business and overseas real estate fund business.」
The Company continued throughout the fiscal year to disclose overseas real estate separately from domestic real estate and explicitly presented the businesses as 3 reportable segments. - FY2024-Q1AdvancedAnnual report
「Following a review of the management reporting structure from the first-quarter consolidated accounting period in light of current conditions and future business development, we changed the basis for segmenting the business to individual businesses or services and changed the reportable segments to Lease Fund Business, Domestic Real Estate Fund Business and Overseas Real Estate Fund Business.」
The Company continued to disclose revenue and segment information separately for overseas and domestic real estate, and from the current quarter also classified overseas real estate as a formal reportable segment. - FY2023-Q3RestatedAnnual report
「Previously, disaggregated information on revenue arising from contracts with customers was classified into the lease fund business, real estate fund business and other businesses. However, as the importance of overseas real estate within the real estate fund business, positioned as one of the priority businesses in the medium-term management plan covering the fiscal years ending September 2023 through September 2025, has increased, from the first quarter the classifications have been changed to lease fund business, domestic real estate within the real estate fund business, overseas real estate within the real estate fund business, and other businesses.」
The revenue disclosure method separately presenting overseas real estate from domestic real estate as a priority business continued in the third quarter. - FY2023-Q2RestatedAnnual report
「Previously, disaggregated information on revenue arising from contracts with customers was classified into the lease fund business, real estate fund business and other businesses. However, as the importance of overseas real estate within the real estate fund business, positioned as one of the priority businesses in the medium-term management plan covering the fiscal years ending September 2023 through September 2025, has increased, from the first quarter the classifications have been changed to lease fund business, domestic real estate within the real estate fund business, overseas real estate within the real estate fund business, and other businesses.」
The presentation separately classifying overseas real estate as a priority business in the revenue breakdown continued in the second quarter. - FY2023-Q1First statedAnnual report
「Previously, disaggregated information on revenue arising from contracts with customers was classified into the lease fund business, real estate fund business and other businesses. However, as the importance of overseas real estate within the real estate fund business, positioned as one of the priority businesses in the medium-term management plan covering the fiscal years ending September 2023 through September 2025, has increased, from the first quarter of the current fiscal year the classifications have been changed to lease fund business, domestic real estate within the real estate fund business, overseas real estate within the real estate fund business, and other businesses.」
Overseas real estate was positioned as a priority business in the medium-term management plan. Due to its increasing importance, the revenue disaggregation presentation was changed from the first quarter of the fiscal year ending September 2023 to separate domestic real estate and overseas real estate.