Change in Segment Performance Evaluation Metric to Operating Profit and Management of Company-Wide Expenses
First written in FY2019-Q1. 6 of 7 entries say "Restated". Latest entry: FY2026-H1.
2 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The ¥122.380 million adjustment to segment profit or loss includes ¥191.494 million in corporate expenses not allocated to the reportable segments and ¥69.114 million in eliminations of intercompany transactions between the Company and the segments.」
The Group continues to apply the segment evaluation and presentation method under which unallocated corporate expenses and eliminations of intercompany transactions are treated as adjustments. - FY2024-Q1RestatedAnnual report
「The ¥39.352 million adjustment to segment profit or loss includes ¥74.207 million in corporate expenses not allocated to the reportable segments and ¥113,559 in eliminations of intercompany transactions between the Company and the segments. Corporate expenses mainly comprise selling, general and administrative expenses not attributable to the reportable segments.」
The Group continues to record corporate expenses, including head office expenses, that are not allocated to the individual segments, together with eliminations of intercompany transactions, as adjustments. - FY2023-Q3RestatedAnnual report
「The ¥133.082 million adjustment to segment loss includes ¥212.367 million in corporate expenses not allocated to the reportable segments and ¥345.450 million in eliminations of intercompany transactions between the Company and the segments.」
The Group continues to record unallocated corporate expenses and eliminations of intercompany transactions as adjustments. - FY2019RestatedAnnual report
「From the current consolidated fiscal year, in connection with the change in the financial metric used to evaluate the performance of the Group's business segments from ordinary income to operating income, segment profit has been changed from ordinary income to operating income. In addition, the method has been changed so that expenses are recorded as corporate expenses in the adjustments to segment profit without allocation to the individual segments.」
The Group continues to apply the operating-income-based segment evaluation and the method of treating head office expenses as corporate expenses rather than allocating them to the individual segments. - FY2019-Q3RestatedAnnual report
「From the first quarter, in connection with the change in the financial metric used to evaluate the performance of the Group's business segments from ordinary income to operating income, segment profit has been changed from ordinary income to operating income. In addition, because the Group's head office functions are responsible for strategic management across the Group and the responsibilities and authority of each operating company are to be clarified, general and administrative expenses previously allocated to each reportable segment according to the size of its business, despite not being attributable to any reportable segment, are now recorded as corporate expenses in the adjustments to segment profit without allocation to the individual segments.」
The Group continues to apply the operating-income-based segment evaluation introduced in the first quarter and the method of treating head office expenses as corporate expenses rather than allocating them to the individual segments. - FY2019-Q2RestatedAnnual report
「From the first quarter, in connection with the change in the financial metric used to evaluate the performance of the Group's business segments from ordinary income to operating income, segment profit has been changed from ordinary income to operating income. In addition, because the Group's head office functions are responsible for strategic management across the Group and the responsibilities and authority of each operating company are to be clarified, general and administrative expenses previously allocated to each reportable segment according to the size of its business, despite not being attributable to any reportable segment, are now recorded as corporate expenses in the adjustments to segment profit without allocation to the individual segments.」
The Group continues to apply the operating-income-based segment evaluation introduced in the first quarter and the method of treating head office expenses as corporate expenses. - FY2019-Q1First statedAnnual report
「From the first quarter, in connection with the change in the financial metric used to evaluate the performance of the Group's business segments from ordinary income to operating income, segment profit has been changed from ordinary income to operating income. In addition, because the Group's head office functions are responsible for strategic management across the Group and the responsibilities and authority of each operating company are to be clarified, general and administrative expenses previously allocated to each reportable segment according to the size of its business, despite not being attributable to any reportable segment, are now recorded as corporate expenses in the adjustments to segment profit without allocation to the individual segments.」
The performance metric for the segments was changed from ordinary income to operating income, and a new method was adopted under which general and administrative expenses related to head office functions are recorded as corporate expenses rather than allocated to the individual segments.