Change in the Presentation of Rental Real Estate Revenue and Costs as Operating Items
First written in FY2023-Q1. 1 of 2 entries say "Restated". Latest entry: FY2023-Q2.
2 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「From the current first quarter, amounts received from rental real estate and employee contributions toward company housing, previously presented as rental income under non-operating income, have been reclassified to other operating income and as a deduction from real estate-related expenses under selling, general and administrative expenses, respectively.」
The company continues to present amounts received in connection with rental real estate and related items as operating income and selling, general and administrative expenses. - FY2023-Q1First statedAnnual report
「From the current first quarter of the fiscal year, amounts received from rental real estate and employee contributions toward company housing, previously presented as rental income under non-operating income, have been reclassified to other operating income and as a deduction from real estate-related expenses under selling, general and administrative expenses, respectively.」
In light of the addition of real estate leasing to the company's business objectives, amounts received from rental real estate were reclassified to other operating income, and employee contributions toward company housing were reclassified as a deduction from real estate-related expenses.