Reclassification of Subsidy Income as Non-Operating Income
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022.
1 other company's latest entry also says "Restated".
- FY2022RestatedAnnual report
「Subsidy income that had been presented as extraordinary income in the previous fiscal year has been reclassified and presented as non-operating income.」
The company continues to present subsidy income as non-operating income. - FY2022-Q2RestatedAnnual report
「Subsidy income that had been presented as extraordinary income in the six months ended 31 December of the previous consolidated fiscal year has been reclassified and presented as non-operating income. The reason for this change is to present more appropriately in the quarterly financial statements the status of subsidy income received for losses caused by COVID-19.」
The company continues to disclose its policy of presenting subsidy income as non-operating income rather than extraordinary income, together with the reason for the policy. - FY2022-Q1First statedAnnual report
「Subsidy income that had been presented as extraordinary income in the first quarter of the previous fiscal year has been reclassified and presented as non-operating income. The reason for this change is to present more appropriately in the quarterly financial statements the status of subsidy income received for losses caused by COVID-19.」
The company changed the presentation of subsidy income from extraordinary income to non-operating income, explaining that this would more appropriately present subsidy income received for losses caused by the infection.