Separating New Development Costs and General and Administrative Expenses from Segment Profit as Corporate Expenses
First written in FY2019-Q1. 5 of 6 entries say "Restated". Latest entry: FY2024.
81 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The adjustments to segment profit include corporate expenses and other items not allocated to the reportable segments. Corporate expenses mainly comprise new development costs and general and administrative expenses not attributable to the reportable segments.」
The company continues to present new development costs and general and administrative expenses as corporate expenses in the adjustments to segment profit. - FY2023-Q1RestatedAnnual report
「The adjustments to segment profit or segment loss include corporate expenses and other items not allocated to the reportable segments. Corporate expenses mainly comprise new development costs and general and administrative expenses not attributable to the reportable segments.」
The company continues to present new development costs and general and administrative expenses as corporate expenses in the adjustments to segment profit. - FY2020-Q3RestatedAnnual report
「The adjustments to segment profit or loss include corporate expenses and other items not allocated to the reportable segments. Corporate expenses mainly comprise new development costs and general and administrative expenses not attributable to the reportable segments.」
The company continues to present new development costs and general and administrative expenses as corporate expenses in the adjustments to segment profit. - FY2020-Q2RestatedAnnual report
「The adjustments to segment profit or loss include corporate expenses and other items not allocated to the reportable segments. Corporate expenses mainly comprise new development costs and general and administrative expenses not attributable to the reportable segments.」
The company continues to present new development costs and general and administrative expenses as corporate expenses in the adjustments to segment profit. - FY2019-Q2RestatedAnnual report
「From the first quarter, we changed the treatment of new development costs and general and administrative expenses included in each reportable segment, incorporating them as corporate expenses in the adjustments to segment profit, in order to properly ascertain the results of existing businesses and because development costs for new products are expected to increase as development activities are actively pursued.」
The company continues to disclose in its segment information the change to include new development costs and general and administrative expenses as corporate expenses in the adjustments to segment profit. - FY2019-Q1First statedAnnual report
「From the first quarter of the current fiscal year, we changed the treatment of new development costs and general and administrative expenses included in each reportable segment, incorporating them as corporate expenses in the adjustments to segment profit, in order to properly ascertain the results of existing businesses and because development costs for new products are expected to increase as development activities are actively pursued.」
New development costs and general and administrative expenses were reclassified from each segment to corporate expenses because of the need to ascertain the results of existing businesses and the expected increase in development costs for new products.