Reportable segmentation of the Food Service Business and reclassification of the Casual Business
First written in FY2021-Q1. 4 of 4 entries say "Reframed", first in FY2021-Q1. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1ReframedAnnual report
「Previously, when part of the company's store real estate was leased to other companies, rental income and rental expenses from the real estate were reported in the businesswear business segment. From the current interim consolidated accounting period, they have been reported in the real estate business segment.」
Some leasing of store properties was reclassified from the business wear business to the real estate business, organizing segment presentation to reflect the business reality in line with the increase in leased properties and centralized management. - FY2024-Q1ReframedAnnual report
「Real estate business was added as a new reportable segment.」
Following the reclassification of the food services and franchisee businesses, among others, the presentation was changed to disclose real estate leasing as a separate reportable segment. - FY2022-Q1ReframedAnnual report
「Beginning in the first quarter of the fiscal year under review, the franchisee business previously included in the food services business and Other was consolidated and presented as the reportable segment Franchisee Business. In addition, the reuse business operated by AOYAMA TRADING Co.,Ltd. was transferred to consolidated subsidiary glob effective 1 April 2021.」
The reportable segments were reorganized, with the franchisee business consolidated into a separate segment. The reuse business operated by AOYAMA TRADING Co.,Ltd. was also transferred to glob effective 1 April 2021. - FY2021-Q1ReframedAnnual report
「Beginning in the previous consolidated fiscal year, the food services business, which had previously been included in Other, was presented as a reportable segment because its quantitative significance had increased. In addition, beginning in the first quarter of the fiscal year under review, the casual business, which had previously been disclosed as a reportable segment, was included in Other because its quantitative significance had declined following the completion of the liquidation of Eagle Retailing Co., Ltd. on 6 April 2020.」
The food services business became a reportable segment due to its increased quantitative significance, while the casual business, including the American Eagle business, was reclassified to Other following completion of its liquidation.