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Heiwa Real Estate (8803) · InitiativeRestated

Clarification and Aggregated Presentation of Revenue Classifications for the Real Estate Solutions Business

First written in FY2019-Q1. 2 of 3 entries say "Restated". Latest entry: FY2019-Q3.

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ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2019-Q32018: 220182019: 12019
Same theme, other companies
Reorganization of revenue categories for real estate sales, including land planning and salesA theme 8 companies write about · 0 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Restated".

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  1. FY2019-Q3RestatedAnnual report

    「Sales and rental revenue and other income related to inventories were previously included in real estate development revenue. To clarify the presentation, from the first-quarter consolidated accounting period, sales have been presented as sales of development properties, while rental revenue and other income have been presented as rental revenue and other income from development properties.」

    The separate presentation of sales and rental revenue and other income in the real estate solutions business continues to be applied.
  2. FY2019-Q2RestatedAnnual report

    「Sales and rental revenue and other income related to inventories were previously included in real estate development revenue. To clarify the presentation, from the first-quarter consolidated accounting period, sales have been presented as sales of development properties, while rental revenue and other income have been presented as rental revenue and other income from development properties.」

    The separate presentation of sales and rental revenue and other income in the real estate solutions business continues to be applied.
  3. FY2019-Q1First statedAnnual report

    「Sales and rental revenue and other income related to inventories were previously included in real estate development revenue. To clarify the presentation, sales are now presented as sales of development properties, while rental revenue and other income are presented as rental revenue and other income from development properties. Sales and rental revenue and other income related to residential development were also previously included in residential development revenue. Because their proportion had declined, sales are now presented as sales of development properties, while rental revenue and other income are presented as rental revenue and other income from development properties.」

    In the real estate solutions business, sales and rental revenue and other income were presented separately, while revenue related to residential development was presented on a consolidated basis under development properties.
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Heiwa Real Estate's next results are scheduled for 2026-10-30. Read the earnings preview
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Clarification and Aggregated Presentation of Revenue Classifications for the Real Estate Solutions Business | HEIWA REAL ESTATE CO.,LTD. (8803) | Komori