Change in the Classification of Cost of Sales and SG&A Following Organizational Changes
First written in FY2024-Q1. . Latest entry: FY2024.
1 other company's latest entry also says "Other".
- FY2024Full-year impact of the change in expense classification disclosedAnnual report
「As a result of this change, compared with the previous method, cost of sales for the current consolidated fiscal year increased by ¥18.985 million, and gross profit decreased by the same amount. Selling, general and administrative expenses decreased by ¥25.699 million, and operating profit increased by ¥6.714 million.」
The full-year impact on operating profit of the change in the classification of cost of sales and selling, general and administrative expenses following the organizational change was disclosed. - FY2024-Q3Cumulative third-quarter impact of the change in expense classification disclosedAnnual report
「As a result of this change, compared with the previous method, cost of sales for the cumulative third quarter of the current fiscal year increased by ¥12.873 million, and gross profit decreased by the same amount. Selling, general and administrative expenses decreased by ¥20.234 million, and operating profit increased by ¥7.361 million.」
The impact of the change in expense classification following the organizational change on cost of sales, gross profit, selling, general and administrative expenses, and operating profit was disclosed for the cumulative third quarter. - FY2024-Q2Cumulative impact of the change in expense classification disclosedAnnual report
「As a result of this change, compared with the previous method, cost of sales for the cumulative second quarter of the current fiscal year increased by ¥6.978 million, and gross profit decreased by the same amount. Selling, general and administrative expenses decreased by ¥12.723 million, and operating profit increased by ¥5.744 million.」
The impact of the change in expense classification following the organizational change on cost of sales, gross profit, selling, general and administrative expenses, and operating profit was disclosed for the cumulative second quarter. - FY2024-Q1First statedAnnual report
「Following an organizational change, the company reviewed the allocation of responsibilities among its divisions and accounted for expenses according to the nature of the work performed. As a result, from the first quarter of the current fiscal year, some amounts previously recorded as selling, general and administrative expenses have been recorded as cost of sales, while some amounts previously recorded as cost of sales have been recorded as selling, general and administrative expenses.」
Following an organizational change and a review of the allocation of responsibilities, the expense classification was changed from the first quarter of the current fiscal year. As a result, cost of sales increased by ¥2.130 million, gross profit decreased by the same amount, selling, general and administrative expenses decreased by ¥6.365 million, and operating profit increased by ¥4.235 million.