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Okuwa (8217) · FactRestated

Information Services Becoming a Key Business and Reclassification to Operating Revenue

First written in FY2018-Q1. 3 of 4 entries say "Restated". Latest entry: FY2018.

4entries
2years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY20182017: 320172018: 12018
Same theme, other companies
Change in the presentation of information service revenue and product collection fees as net salesA theme 5 companies write about · 0 as a headwind · 1 as a tailwind

2 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2018RestatedAnnual report

    「Information processing fees and information provision fees charged to business partners and others, previously recorded as non-operating income under “Fees received,” have been presented from the current consolidated fiscal year within operating revenue under “Other operating revenue.”」

    The change to position information services revenue as one of the significant businesses and present it as operating revenue is reiterated.
  2. FY2018-Q3RestatedAnnual report

    「Information processing fees and information provision fees charged to business partners and others, previously recorded as non-operating income under “Fees received,” have been presented from the first quarter of the current consolidated fiscal year within operating revenue under “Other operating revenue.”」

    The change to present information processing fees and information provision fees as operating revenue is reiterated.
  3. FY2018-Q2RestatedAnnual report

    「Information processing fees and information provision fees charged to business partners and others, previously recorded as non-operating income under “Fees received,” have been presented from the first quarter of the current consolidated fiscal year within operating revenue under “Other operating revenue.”」

    The change to present information services revenue as operating revenue, and its increased significance, is reiterated.
  4. FY2018-Q1First statedAnnual report

    「Information processing fees and information provision fees charged to business partners and others, previously recorded as non-operating income under “Fees received,” have been presented from the first quarter of the current consolidated fiscal year within operating revenue under “Other operating revenue.” This change was made to present operating results and the substance of transactions more appropriately after revenue from information services incidental to the Company’s retail business increased in significance and, following a review of its business activities, the business was positioned as one of the Company’s significant businesses.」

    Information processing fees and information provision fees were reclassified from non-operating income to operating revenue because their significance increased and their business classification changed.
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Information Services Becoming a Key Business and Reclassification to Operating Revenue | OKUWA CO.,LTD. (8217) | Komori