Change in the Presentation of Core Business Revenue as Operating Revenue
First written in FY2018-Q1. 9 of 18 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Other".
- FY2025Change in Cash Flow Presentation CategoriesAnnual report
「Amounts relating to changes in custodial products (negative figures indicate an increase), loan products (negative figures indicate an increase), and products held on deposit (negative figures indicate a decrease), which were included in "Other" under cash flows from operating activities in the previous consolidated fiscal year, will be presented separately from the current consolidated fiscal year to improve the clarity of presentation. Changes in long-term deposits held on behalf of customers (negative figures indicate a decrease) will also be presented separately because they have become material.」
The presentation of the statement of cash flows was changed to separately present changes in custodial products, loan products, products held on deposit, and long-term deposits held on behalf of customers, improving the clarity of presentation. - FY2025-H1RestatedAnnual report
「“Real estate income,” which was presented under “Other” in non-operating revenue, and “Foreign exchange losses,” which was presented under “Other” in non-operating expenses in the previous consolidated fiscal year, have been presented separately from the current consolidated fiscal year because their amounts have become material.」
In the current interim consolidated accounting period, the classifications adopted following the previous changes in presentation methods remain in use. As a further presentation change, commodity-related market derivatives transactions continue to be included in financial instruments transactions. - FY2024-Q3Change in the presentation of the clearing fundAnnual report
「The clearing fund deposited with Japan Securities Clearing Corporation, which some consolidated subsidiaries had included in long-term guarantee deposits under investments and other assets in the previous consolidated fiscal year, is included in current assets under guarantee deposits from the third quarter of the current consolidated fiscal year, to provide disclosure more consistent with the substance of the item and to improve the clarity of disclosures in the consolidated balance sheet.」
The clearing fund deposited with Japan Securities Clearing Corporation was reclassified from long-term guarantee deposits to guarantee deposits under current assets to provide disclosure more consistent with the substance of the item and improve clarity. - FY2024-Q2RestatedAnnual report
「Note: Because commodity-related market derivatives transactions are transactions conducted under the Financial Instruments and Exchange Act, their classification was changed from the current period and they are included in financial instruments transactions.」
The classification change to include commodity-related market derivatives transactions in financial instruments transactions, together with the resulting presentation of operating revenue and trading gains and losses, remains in effect. - FY2024-Q1Reclassification of commodity-related market derivatives transactionsAnnual report
「Note: Because commodity-related market derivatives transactions are transactions conducted under the Financial Instruments and Exchange Act, their classification was changed from the current period and they are included in financial instruments transactions.」
Because commodity-related market derivatives transactions are conducted under the Financial Instruments and Exchange Act, their classification was changed from the current period, and they are presented under financial instruments transactions rather than in the relevant categories of operating revenue and trading gains and losses. - FY2023Separate presentation of trading productsAnnual report
「Trading products, which were presented under "Other" in current liabilities in the previous consolidated fiscal year, will be presented separately from the current consolidated fiscal year to improve the clarity of disclosures in the consolidated balance sheet.」
As part of a review of presentation methods to reflect the substance of the business, trading products previously included in "Other" were presented separately. - FY2021-Q3RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the consolidated statements of income, which had previously been prepared in accordance with the Uniform Accounting Standards for Commodity Futures Business and the Disclosure Requirements under the Financial Instruments and Exchange Act for Commodity Futures Business, have been prepared in accordance with the Cabinet Office Ordinance on Financial Instruments Business and the Rules for Uniform Accounting of Securities-Related Businesses, following, among other developments, the registration of our consolidated subsidiary 岡藤商事株式会社 as a Type I Financial Instruments Business Operator (limited to intermediary services for commodity-related market derivatives transactions and related activities, and the management of securities and other assets in connection with such activities).」
The change in the basis for preparing the consolidated statements of income and in the presentation categories following the registration as a Type I Financial Instruments Business Operator, together with the use of reclassified comparative information, remains in effect. - FY2021-Q2RestatedAnnual report
「The following discussion of operating results uses the figures for the reclassified cumulative second-quarter period of the previous consolidated fiscal year, as described in "Part IV Accounting Information, 1. Quarterly Consolidated Financial Statements, Notes, (Additional Information) (Changes in Presentation Methods)."」
The change in the presentation of operating revenue and other items to conform to the accounting standards for financial instruments businesses from the first quarter, as well as the use of reclassified comparative figures, is reconfirmed. - FY2021-Q1ReframedAnnual report
「From the first quarter of the current consolidated fiscal year, the consolidated statements of income, which had previously been prepared in accordance with the Uniform Accounting Standards for Commodity Futures Business and the Disclosure Requirements under the Financial Instruments and Exchange Act for Commodity Futures Business, have been prepared in accordance with the Cabinet Office Ordinance on Financial Instruments Business and the Rules for Uniform Accounting of Securities-Related Businesses, following, among other developments, the registration of our consolidated subsidiary 岡藤商事株式会社 as a Type I Financial Instruments Business Operator (limited to intermediary services for commodity-related market derivatives transactions and related activities, and the management of securities and other assets in connection with such activities).」
Following the registration of a consolidated subsidiary as a Type I Financial Instruments Business Operator, the basis for preparing the consolidated statements of income was changed from standards focused on the commodity futures business to standards for financial instruments businesses. Presentation categories for items including commissions received, trading gains and losses, net operating revenue, and selling, general and administrative expenses were also changed, and the comparative figures for the same period of the previous year were reclassified. - FY2020Additional presentation categoriesAnnual report
「“Real estate income,” which was presented under “Other” in non-operating revenue, and “Foreign exchange losses,” which was presented under “Other” in non-operating expenses in the previous consolidated fiscal year, have been presented separately from the current consolidated fiscal year because their amounts have become material.」
Because they had become material, real estate income and foreign exchange losses were separately presented rather than included in "Other" under non-operating income and expenses. - FY2019RestatedAnnual report
「Revenue from the large-scale purchase business for bullion and other precious metals, which was presented under “Other” in operating revenue in the previous consolidated fiscal year, has been included in “Trading gains and losses” under operating revenue from the current consolidated fiscal year. This change was made to present operating results more appropriately in line with the actual nature of the business.」
The policy of presenting revenue from the large-scale purchase business for bullion and other precious metals under “Trading gains and losses” rather than “Other” in operating revenue has been continued. There is no impact on total operating revenue. - FY2019-Q3RestatedAnnual report
「Revenue from the large-scale purchase business for bullion and other precious metals, which was presented under “Other” in operating revenue in the nine-month period of the previous year, has been included in “Trading gains and losses” under operating revenue from the current nine-month period.」
The policy of presenting revenue from the large-scale purchase business for bullion and other precious metals under “Trading gains and losses” rather than “Other” in operating revenue has been continued. There is no impact on total operating revenue. - FY2019-Q2Change in presentation categories within operating revenueAnnual report
「Revenue from the large-scale purchase business for bullion and other precious metals, which was presented under “Other” in operating revenue in the six-month period of the previous year, has been included in “Trading gains and losses” under operating revenue from the current six-month period. This change was made to present operating results more appropriately in line with the actual nature of the business.」
Revenue from the large-scale purchase business for bullion and other precious metals was reclassified from “Other” to “Trading gains and losses” under operating revenue. There was no impact on total operating revenue, and the policy of presenting results in line with the actual nature of the business has been continued. - FY2019-Q1Change in presentation categories within operating revenueAnnual report
「Revenue from the large-scale purchase business for bullion and other precious metals, which was presented under “Other” in operating revenue in the first quarter of the previous year, has been included in “Trading gains and losses” under operating revenue from the current first quarter. This change was made to present operating results more appropriately in line with the actual nature of the business.」
Revenue from the large-scale purchase business for bullion and other precious metals was reclassified from “Other” to “Trading gains and losses” under operating revenue. There was no impact on total operating revenue, and the policy of presenting results in line with the actual nature of the business has been continued. - FY2018RestatedAnnual report
「Beginning with the 12th fiscal year, the presentation of operating revenue has been changed. The key management indicators and other information for the 11th fiscal year are also presented on a reclassified basis reflecting this change in presentation.」
The policy of presenting revenue deemed to arise from core operations as operating revenue has been continued, and prior-year comparisons are also presented using reclassified figures. - FY2018-Q3RestatedAnnual report
「Of the lease income presented as non-operating revenue in the nine-month period of the previous year, revenue deemed to arise from core operations has been included in “Other” under operating revenue since the previous consolidated fiscal year. This change was made to present operating results more appropriately in line with the actual nature of the business.」
The policy of presenting revenue from lease income deemed to arise from core operations in “Other” under operating revenue has been continued, reaffirming the policy of presenting operating results in line with the actual nature of the business. Comparative information was reclassified, increasing operating revenue and decreasing operating loss by ¥45.002 million, respectively. - FY2018-Q2RestatedAnnual report
「Of the lease income presented as non-operating revenue in the six-month period of the previous year, revenue deemed to arise from core operations has been included in “Other” under operating revenue since the previous consolidated fiscal year. This change was made to present operating results more appropriately in line with the actual nature of the business.」
The policy of presenting revenue from lease income deemed to arise from core operations in “Other” under operating revenue has been continued, reaffirming the policy of presenting operating results in line with the actual nature of the business. The comparative figures for the same period of the previous year were reclassified, increasing operating revenue and decreasing operating loss by ¥17.456 million, respectively. - FY2018-Q1First statedAnnual report
「Of the lease income previously presented as non-operating revenue, revenue deemed to arise from core operations has been included in “Other” under operating revenue since the previous consolidated fiscal year. This change was made to present operating results more appropriately in line with the actual nature of the business. To reflect the change in presentation, the comparative figures in the quarterly consolidated financial statements for the first quarter of the previous year have been reclassified. As a result, operating revenue increased by ¥5.944 million and operating loss decreased by ¥5.944 million in the quarterly consolidated statement of income for the first quarter of the previous year.」
Revenue from lease income deemed to arise from core operations was reclassified from non-operating revenue to “Other” under operating revenue, reflecting the actual nature of the business in the presentation of operating results. Comparative information was also reclassified, increasing operating revenue and decreasing operating loss for the same period of the previous year by ¥5.944 million, respectively.