Nagase & (8012) · InitiativeAchieved
Review of manufacturing cost classification at Prinova's manufacturing subsidiary
First written in FY2026-H1. 1 of 2 entries say "Achieved", first in FY2026. Latest entry: FY2026.
2entries
2years
0from disclosures
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Reclassification of Cost of Sales and SG&A Due to Review of Profit and Loss Management ClassificationsA theme 14 companies write about · 0 as a headwind · 0 as a tailwind
1 other company's latest entry also says "Achieved".
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- FY2026AchievedAnnual report
「Accordingly, the Company has changed from recording certain expense items as selling, general and administrative expenses to recording them as cost of sales.」
From the beginning of the fiscal year, the Company reviewed the classification of manufacturing costs to improve cost management at Prinova's manufacturing subsidiaries and reclassified ¥7,990 million each between the previous year's cost of sales and SG&A expenses. There was no impact on operating profit or below. - FY2026-H1First statedAnnual report
「From the beginning of the current interim consolidated accounting period, the Prinova Group's manufacturing subsidiaries, which are consolidated subsidiaries of the Company, have been reviewing the classification of manufacturing costs. This review was undertaken to further improve cost management following the introduction of a new accounting system, in connection with the Group becoming a wholly owned subsidiary in FY2023.」
To improve cost management at Prinova's manufacturing subsidiaries, some selling, general and administrative expenses were reclassified to cost of sales. Cost of sales and SG&A expenses for the previous interim period each changed by ¥4,150 million, and gross profit decreased by the same amount, but there was no impact on operating profit or below.