Review of the Presentation of Cost of Sales and Selling, General and Administrative Expenses Following Changes to Service Categories
First written in FY2024-Q1. 4 of 6 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, ¥2,175.576 million presented as cost of sales in the consolidated income statement for the previous consolidated fiscal year has been reclassified as selling, general and administrative expenses.」
The review of expense classifications has been reflected in the full-year financial statements, with the Company disclosing the ¥2,175.576 million reclassification from cost of sales to selling, general and administrative expenses in the previous year. - FY2026-H1ReframedAnnual report
「From the current interim consolidated accounting period, a portion of the expenses previously recorded as cost of sales has been recorded as selling, general and administrative expenses. This change was made to improve comparability with other companies in the same industry following the diversification of brands handled and the launch of new businesses in recent periods, as well as changes to the organizational structure implemented during the current consolidated fiscal year and the resulting review of service details.」
The presentation method was changed further following the expense classification review through the previous fiscal year, with a portion of cost of sales transferred to selling, general and administrative expenses. ¥1,095.067 million was reclassified in the interim period of the previous fiscal year. - FY2024AdvancedAnnual report
「As a result, ¥226.361 million presented as selling, general and administrative expenses in the consolidated income statement for the previous consolidated fiscal year has been reclassified as cost of sales.」
The Company disclosed the full-year impact of reclassifying ¥226.361 million of selling, general and administrative expenses in the previous year to cost of sales following the review of expense presentation resulting from the service classification changes. - FY2024-Q3AdvancedAnnual report
「As a result, ¥189.407 million presented as selling, general and administrative expenses in the quarterly consolidated income statement for the cumulative third quarter of the previous fiscal year has been reclassified as cost of sales.」
The Company disclosed the impact of reclassifying ¥189.407 million of selling, general and administrative expenses in the same period of the previous year to cost of sales following the review of expense presentation resulting from the service classification changes. - FY2024-Q2AdvancedAnnual report
「As a result, ¥153.024 million presented as selling, general and administrative expenses in the quarterly consolidated income statement for the cumulative second quarter of the previous fiscal year has been reclassified as cost of sales.」
The Company specifically disclosed the impact of reclassifying ¥153.024 million of selling, general and administrative expenses in the same period of the previous year to cost of sales following the review of expense presentation resulting from the service classification changes. - FY2024-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, a portion of the expenses previously recorded as cost of sales for the collaborative brand partner service has been recorded as selling, general and administrative expenses. Conversely, a portion of the expenses previously recorded as selling, general and administrative expenses for the One Commerce service has been recorded as cost of sales.」
Following a review of the organizational changes and service details, the expense classifications have been changed to clarify the matching of revenue and cost of sales and present gross profit more appropriately. ¥79.853 million of selling, general and administrative expenses in the first quarter of the previous fiscal year has been reclassified to cost of sales.