Komori
Advan Group (7463) · InitiativeFirst stated

Reclassification of Construction Labor Costs from SG&A to Cost of Sales

First written in FY2020. . Latest entry: FY2020.

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工事原価への人件費計上区分変更A theme 3 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2020First statedAnnual report

    「From the current consolidated fiscal year, we changed the classification of labor costs related to construction revenue from selling, general and administrative expenses to cost of sales, resulting in an increase in the cost of sales ratio.」

    It explains that, from the current fiscal year, the classification of labor costs related to construction revenue was changed, reducing selling, general and administrative expenses by ¥100 million.
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