Change in the Method of Calculating Segment Profit Following the Establishment of the Dental Business Division
First written in FY2024-Q1. . Latest entry: FY2024.
7 other companies' latest entry also says "Other".
- FY2024Updated the full-year impact of the change on segment profitAnnual report
「As a result of the change, selling, general and administrative expenses decreased by ¥325 million. … As a result of the change, selling, general and administrative expenses increased by ¥297 million.」
Regarding the change in the allocation of selling, general and administrative expenses following the establishment of the Dental Business Division, the company disclosed that, for the full year, the impact was a ¥325 million decrease for Aires needles-related products and a ¥297 million increase for dental-related products. - FY2024-Q3Updated the impact of the change in the method of calculating segment profitAnnual report
「The allocation method for selling, general and administrative expenses by segment was changed from the fiscal year ending August 2024. As a result, selling, general and administrative expenses decreased by ¥247 million for Aires needles-related products and increased by ¥213 million for dental-related products from the same period of the previous year.」
Regarding the change in the allocation of selling, general and administrative expenses following the establishment of the Dental Business Division, the company disclosed that, for the cumulative third quarter of FY2024, the impact was a ¥247 million decrease for Aires needles-related products and a ¥213 million increase for dental-related products. - FY2024-Q2Quantified the impact of the change in the method of calculating segment profitAnnual report
「The allocation method for selling, general and administrative expenses by segment was changed from the fiscal year ending August 2024. As a result, selling, general and administrative expenses increased by ¥111 million from the same period of the previous year.」
Regarding the change in the method of calculating segment profit following the establishment of the Dental Business Division, the company disclosed that selling, general and administrative expenses for dental-related products increased by ¥111 million from the same period of the previous year. - FY2024-Q1First statedAnnual report
「The Group changed its method of calculating segment profit from the beginning of the first quarter of the current fiscal year. … The Group identified expanding the market share and sales of dental-related products as a key measure for the fiscal year ending August 2024, and established the Dental Business Division as a new organization in September 2023, commencing operations. As a result, it became necessary to more appropriately reflect in each segment's results the fact that the dental-related products segment bears a substantial portion of selling, general and administrative expenses. Accordingly, the Group changed its method of calculating segment profit, specifically the method of calculating selling, general and administrative expenses by segment.」
Against the backdrop of establishing the Dental Business Division and its key measures for the fiscal year ending August 2024, the company changed the method of calculating selling, general and administrative expenses by segment. Following the change, segment profit for the current quarter was ¥651 million for Surgical, ¥966 million for Aires needles, and ¥605 million for Dental.