Other segment revenue and profit decline due to changes in settlement methods and other factors
First written in FY2021-Q1. 1 of 3 entries say "Dropped", first in FY2021-Q3. Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3DroppedAnnual report
「Other operations fell below the same quarter of the previous year as pesticide usage declined due to weather conditions. As a result, revenue decreased by ¥27 million, or 7.6%, to ¥331 million, while segment profit (gross profit) decreased by ¥5 million, or 11.3%, to ¥41 million.」
The decline in revenue and profit due to changes to settlement methods and other factors, which had been disclosed through the previous quarter, was not mentioned in the explanation for the current quarter. Instead, reduced pesticide usage due to weather was cited as a new factor. - FY2021-Q2The declines in sales and earnings narrowedAnnual report
「Other was below the same quarter of the previous year due to the impact of changes to settlement methods and other factors. As a result, revenue was ¥134 million, down ¥9 million (6.8%), while segment profit (gross profit) was ¥42 million, down ¥1 million (3.6%).」
Although the decline in revenue and profit due to changes to settlement methods and other factors has continued, the year-on-year declines narrowed from the previous quarter to 6.8% for revenue and 3.6% for profit. - FY2021-Q1First statedAnnual report
「Other was below the same quarter of the previous year due to the impact of changes to settlement methods and other factors. As a result, revenue was ¥17 million, down ¥11 million (39.6%), while segment profit (gross profit) was ¥5 million, down ¥15 million (74.2%).」
This is the first disclosure that revenue and segment profit in the Other segment fell below the same quarter of the previous year due to changes to settlement methods and other factors.