Reclassification of property management operations to the leasing business
First written in FY2018-Q1. 4 of 6 entries say "Restated". Latest entry: FY2022-Q3.
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- FY2022-Q3RestatedAnnual report
「In addition, 平和不動産プロパティマネジメント株式会社, a subsidiary whose corporate name was changed from 平和サービス株式会社 effective 1 March 2021, has expanded its conventional building equipment maintenance and management operations into property management operations covering comprehensive building management. Accordingly, from the first quarter of the fiscal year, it has been included in the Building Business segment rather than Other Businesses.」
The classification change to include the building total management operations of 平和不動産プロパティマネジメント株式会社 in the Building Business segment continues to be applied. - FY2022-Q1ReframedAnnual report
「平和不動産プロパティマネジメント株式会社, a consolidated subsidiary whose corporate name was changed from 平和サービス株式会社 effective 1 March 2021, has expanded its former building equipment maintenance and management operations to provide comprehensive building management services. Accordingly, from the first quarter of the fiscal year under review, its property management operations have been included in the building business instead of the former “Other businesses” segment.」
Following the previous segment change for property management operations, the business classification was reorganized to consolidate the building total management operations of the subsidiary, whose corporate name had been changed, under the Building Business segment. - FY2019-Q2RestatedAnnual report
「The company had previously presented building rental revenue and residential rental revenue separately, but has presented them on an aggregated basis from the first quarter of the fiscal year because the proportion of residential rental revenue declined.」
Because the proportion of residential rental revenue declined, the change to present building rental revenue and residential rental revenue on an aggregated basis has continued to be applied. - FY2018-Q3RestatedAnnual report
「Following the organizational change effective 27 June 2017, from the first quarter of the fiscal year, net sales, profit and other items related to property management operations, which had previously been included in the real estate solutions business, have been included in the rental business.」
The reporting segment change reclassifying property management operations from the real estate solutions business to the rental business has continued to be applied, including to comparative information. - FY2018-Q2RestatedAnnual report
「Following the organizational change effective 27 June 2017, from the first quarter of the fiscal year, net sales, profit and other items related to property management operations, which had previously been included in the real estate solutions business, have been included in the rental business.」
The reporting segment change reclassifying property management operations from the real estate solutions business to the rental business has continued to be applied, including to comparative information. - FY2018-Q1First statedAnnual report
「Following the organizational change effective 27 June 2017, from the first quarter of the fiscal year under review, net sales, profit and other items related to property management operations, which had previously been included in the real estate solutions business, have been included in the rental business.」
Following the organizational change, the reporting segment for net sales, profit and other items related to property management operations changed from the real estate solutions business to the rental business.