Significant declines in revenue and earnings in the meat and other food manufacturing and processing business due to its exclusion from consolidation
First written in FY2017-Q2. 3 of 5 entries say "Restated". Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018RestatedAnnual report
「For the previous fiscal year, one month of earnings from 株式会社デリフレッシュフーズ was reflected as a consolidated subsidiary.」
The manufacturing and processing segment continues to explain that the year-on-year comparison was affected by the inclusion of only one month of earnings from デリフレッシュフーズ. - FY2018-Q3RestatedAnnual report
「The processing business underwent an intra-group corporate reorganization dated 1 March 2016. In the previous third-quarter cumulative consolidated period, one month of 株式会社デリフレッシュフーズ' results was reflected as a consolidated subsidiary.」
The manufacturing and processing segment continues to explain that only one month of earnings for the comparative period was reflected due to the impact of its exclusion from consolidation. - FY2018-Q2RestatedAnnual report
「For the cumulative second quarter of the previous fiscal year, one month of earnings from 株式会社デリフレッシュフーズ was reflected as a consolidated subsidiary.」
The manufacturing and processing business continues to explain that only one month of earnings for the comparative period was reflected due to the impact of its exclusion from the scope of consolidation. - FY2017-Q3Update to earnings trendsAnnual report
「As earnings were reflected for only the one-month period of February, revenue was ¥514 million, down 89.9% year on year, while operating profit was ¥10 million, down 93.9%.」
Following its exclusion from consolidation, only one month of earnings for February was reflected for the manufacturing and processing segment, resulting in an even larger year-on-year decline in revenue and operating profit than in the cumulative second quarter. - FY2017-Q2First statedAnnual report
「As earnings were reflected for only the one-month period of February, revenue was ¥514 million, down 85.2% year on year, while operating profit was ¥10 million, down 90.6%.」
Following the exclusion of デリフレッシュフーズ from consolidation, only one month of earnings for February was reflected for the manufacturing and processing segment, resulting in sharp declines in revenue and operating profit.