Reclassification of real estate rental income and expenses as net sales and cost of sales
First written in FY2024-Q1. 2 of 3 entries say "Reframed", first in FY2026-H1. Latest entry: 2026-05-12.
Aoyama Trading moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Reframed".
- 2026-05-12ReframedEarnings
「Previously, when we leased part of our store real estate to other companies, rental income and rental expenses were presented on a net basis under “selling, general and administrative expenses.” From the current consolidated fiscal year, we have changed the method of presentation so that they are recorded under “net sales” and “cost of sales.”」
The full-year disclosure confirms the change from net presentation of store real estate rental income and expenses under selling, general and administrative expenses to presentation under net sales and cost of sales. - FY2026-H1ReframedAnnual report
「Previously, when leasing part of the company's store properties to other companies, rental income and rental expenses from real estate were recorded on a net basis under selling, general and administrative expenses. From the interim consolidated accounting period under review, the company has changed its method of presentation so that they are recorded as net sales and cost of sales, respectively.」
For the leasing of part of the store properties, rental income and expenses were reclassified from net presentation under selling, general and administrative expenses to presentation under net sales and cost of sales. As a result, net sales increased by ¥460 million, cost of sales by ¥242 million and selling, general and administrative expenses by ¥217 million for the previous interim period. - FY2024-Q1First statedAnnual report
「Previously, rental income and rental expenses from real estate were recorded as non-operating income and non-operating expenses, respectively. From the first quarter under review, the company has changed its method of presentation so that they are recorded as net sales and cost of sales, respectively.」
To position real estate rental income as a stable source of income and present the substance of the real estate business more appropriately, the company changed the presentation categories for income and expenses.