Konaka (7494) · FactAdvanced
Changes in the Methods of Recording Net Sales and SG&A Expenses Following STJ Becoming a Wholly Owned Subsidiary
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
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Change in the presentation of revenue and SG&A expenses to an end-consumer basis triggered by making STJ a wholly owned subsidiaryA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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- FY2025AdvancedAnnual report
「As a result, compared with before retrospective application, sales and selling, general and administrative expenses for the previous consolidated fiscal year each increased by ¥909 million, with no impact on operating income, ordinary income, income before income taxes or per-share information.」
The full-year retrospective impact of the change in the method of recognizing sales and selling, general and administrative expenses following STJ becoming a wholly owned subsidiary was quantified at ¥909 million. The Company states that there was no impact on operating income or other profit figures. - FY2025-H1First statedAnnual report
「At Samantha Thavasa Japan Limited and its subsidiaries, consideration received from certain sales destinations was previously recognized as revenue. The Company changed to a method that recognizes the selling price to the end consumer as revenue.」
Following STJ becoming a wholly owned subsidiary, the Company reconsidered the definition of the customer and changed to a method that recognizes the selling price to the end consumer as revenue rather than consideration received from the sales destination. As a result of retrospective application, sales and selling, general and administrative expenses for the previous interim period each increased by ¥483 million, with no impact on operating income or other profit figures.