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Takara Standard (7981) · InitiativeRestated

Reclassification of Real Estate Rental Income and Expenses as Net Sales and Cost of Sales

First written in FY2017-Q1. 5 of 6 entries say "Restated". Latest entry: FY2019.

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ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY20192016: 220162017: 220172018: 120182019: 12019
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16 other companies' latest entry also says "Restated".

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  1. FY2019RestatedAnnual report

    「The presentation method for real estate rentals was changed from the 143rd consolidated fiscal year. The key management indicators and other data for the 142nd consolidated fiscal year are also presented after reclassification to reflect this change in presentation.」

    The method of presenting income and expenses related to real estate rentals as net sales and cost of sales continues to be applied, and the comparative figures also reflect the change.
  2. FY2018RestatedAnnual report

    「The presentation method for real estate rentals was changed from the 143rd consolidated fiscal year. The key management indicators and other data for the 142nd consolidated fiscal year are also presented after reclassification to reflect this change in presentation.」

    The method of presenting real estate rental income and expenses as net sales and cost of sales continues to be applied, and the comparative figures also reflect the change.
  3. FY2017RestatedAnnual report

    「From the current consolidated fiscal year, we changed the presentation of income from real estate rentals, previously reported under "Real estate rental income" in non-operating income, to "Net sales," and expenses related to real estate rentals, previously reported under "Real estate rental expenses" in non-operating expenses, to "Cost of sales."」

    The method of presenting real estate rental income and expenses as net sales and cost of sales continues to be applied, and the prior-year figures have also been reclassified.
  4. FY2017-Q3RestatedAnnual report

    「From the first quarter of the consolidated fiscal year, we changed the presentation of income from real estate rentals, previously reported under "Real estate rental income" in non-operating income, to "Net sales," and expenses related to real estate rentals, previously reported under "Real estate rental expenses" in non-operating expenses, to "Cost of sales."」

    The change in accounting presentation under which real estate rental income and expenses are reported as net sales and cost of sales continues to be applied.
  5. FY2017-Q2RestatedAnnual report

    「From the first quarter of the consolidated fiscal year, we changed the presentation of income from real estate rentals, previously reported under "Real estate rental income" in non-operating income, to "Net sales," and expenses related to real estate rentals, previously reported under "Real estate rental expenses" in non-operating expenses, to "Cost of sales."」

    The change in accounting presentation under which real estate rental income and expenses are reported as net sales and cost of sales continues to be applied.
  6. FY2017-Q1First statedAnnual report

    「From the current first quarter of the consolidated fiscal year, we changed the presentation of income from real estate rentals, previously reported under "Real estate rental income" in non-operating income, to "Net sales," and expenses related to real estate rentals, previously reported under "Real estate rental expenses" in non-operating expenses, to "Cost of sales."」

    To present the actual business activities more appropriately, real estate rental income and expenses are being reclassified from non-operating items to net sales and cost of sales.
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Reclassification of Real Estate Rental Income and Expenses as Net Sales and Cost of Sales | TAKARA STANDARD CO.,LTD. (7981) | Komori