Proper Presentation of Gross Profit Following a Change in the Classification of Facility Usage Fee Revenue
First written in FY2020-Q1. 1 of 2 entries say "Restated". Latest entry: FY2020-Q2.
No other company in this theme has enough history to compare yet.
- FY2020-Q2RestatedAnnual report
「To more appropriately reflect the substance of gross profit, the company has presented the amount within cost of sales from the second quarter of the current consolidated cumulative period. Accordingly, operating revenue for the second quarter of the 57th fiscal year and for the 57th fiscal year was also reclassified in the same manner.」
The company continues its accounting presentation policy of changing the classification of facility usage fee revenue to cost of sales and reclassifying operating revenue for the current quarter and comparative periods. - FY2020-Q1First statedAnnual report
「Previously, the amount remaining after deducting fees paid to delivery service providers from facility usage fee revenue was classified as other operating revenue and presented, together with sales, as a component of operating revenue. To more appropriately reflect the substance of gross profit, the company has presented this amount within cost of sales from the first quarter of the current consolidated cumulative period.」
The presentation classification of facility usage fee revenue was changed from other operating revenue to cost of sales, and the comparative period was also reclassified.