Review of the reportable segments and management control structure, with the hotel business as the second core business
First written in FY2018-Q1. 10 of 13 entries say "Restated". Latest entry: FY2023.
0 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Company is organized into product- and service-based segments established at headquarters, with the following 3 reported segments: Real Estate Revitalization, Real Estate Services, and Hotels and Tourism.」
The Company continues to manage its hotel and tourism business, including hotel development and operations, as a reported segment alongside its real estate revitalization and real estate services businesses. - FY2022-Q2RestatedAnnual report
「In November 2020, the company reorganised its businesses within the Group with the aim of applying the operational expertise of the hotel operations business to hotel development, promoting the businesses in an integrated manner and strengthening earnings power. The hotel development business of Sun Frontier Fudousan Co.,Ltd. was separated through a company split and transferred to サンフロンティアホテルマネジメント株式会社. The business segments were revised to reflect this change, and the reportable segment was renamed the Hotel and Tourism Business.」
The company continues to operate its hotel development and operations businesses in an integrated manner by applying hotel operations expertise to hotel development, and continues to manage hotel development and operations as the Hotel and Tourism Business reportable segment. Meeting-room rental, delinquent rent guarantees and related businesses are consolidated into the Real Estate Services Business. - FY2022-Q1ReframedAnnual report
「With respect to the businesses conducted by the Group, comprising the company and its affiliated companies, the hotel development business of Sun Frontier Fudousan Co.,Ltd. was separated through a company split and integrated into サンフロンティアホテルマネジメント株式会社 as part of a business reorganisation implemented in November 2020. Following the reorganisation, the Group operates the businesses in an integrated manner to apply the hotel operations expertise of サンフロンティアホテルマネジメント株式会社 to the hotel development business and expand its services.」
The company reorganised its businesses into an integrated operation by integrating the hotel development business into its hotel operations subsidiary and applying operational expertise to development. It also changed the reportable segment to the Hotel and Tourism Business and consolidated meeting-room rental, delinquent rent guarantees and related businesses into the Real Estate Services Business. - FY2021-Q3AdvancedAnnual report
「Effective 1 November 2020, the company transferred its hotel development business to its consolidated subsidiary サンフロンティアホテルマネジメント株式会社 through a company split by way of a simplified absorption-type company split.」
The company transferred the hotel development business to its hotel operations subsidiary, using hotel operations expertise in development and implementing an organisational change integrating development through operations. - FY2020-Q3RestatedAnnual report
「(Operations Business) The Operations Business comprises ① hotel operations and ② meeting-room rental and other businesses.」
The company continues to disclose the Operations Business, including hotel operations, meeting-room rental and related businesses, as a reportable segment. - FY2020-Q2RestatedAnnual report
「(Operations Business) The Operations Business comprises ① hotel operations and ② meeting-room rental and other businesses.」
The company continues to disclose the Operations Business, including hotel operations and meeting-room rental, as a reportable segment. - FY2019RestatedAnnual report
「Accordingly, the Group comprises product- and service-based segments established by head office, with three reportable segments: the Real Estate Revitalisation Business, the Real Estate Services Business and the Operations Business.」
The company continues to manage three reportable segments: the Operations Business, including hotel operations and meeting-room rental, the Real Estate Revitalisation Business and the Real Estate Services Business. - FY2019-Q2RestatedAnnual report
「The Operations Business comprises hotel operations and meeting-room rental.」
The company continues to disclose the Operations Business as a reportable segment comprising hotel operations and meeting-room rental. - FY2019-Q1RestatedAnnual report
「(Operations Business) The Operations Business comprises hotel operations and space rental.」
The company continues to disclose the Operations Business as a reportable segment comprising hotel operations and space rental. - FY2018RestatedAnnual report
「As the Group's policy is to extend to hotel development, redevelopment and operations the business model built on operational capabilities through its office business and make this its second core business after the office business, we reviewed our management structure and changed the method of classifying reportable segments from the current consolidated fiscal year.」
The company continues in its annual report to use reportable segments managing hotels and space rental as the Operations Business and related real estate services as the Real Estate Services Business, with ordinary profit used as the measurement basis. - FY2018-Q3RestatedAnnual report
「As the Group's policy is to extend to hotel development, redevelopment and operations the business model built on operational capabilities through its office business and make this its second core business after the office business, we reviewed our management structure and changed the method of classifying reportable segments from the first quarter.」
The company continued in the third quarter to use the revised reportable segments based on the policy of making the hotel business the second core business after the office business, and the measurement method using ordinary profit. - FY2018-Q2RestatedAnnual report
「As the Group's policy is to extend to hotel development, redevelopment and operations the business model built on operational capabilities through its office business and make this its second core business after the office business, we reviewed our management structure and changed the method of classifying reportable segments from the first quarter.」
The company continues to use reportable segments consisting of the Operations Business, covering hotels and space rental, and the Real Estate Services Business, covering real estate services, with ordinary profit used as the measurement basis. - FY2018-Q1First statedAnnual report
「As the Group's policy is to extend to hotel development, redevelopment and operations the business model built on operational capabilities through its office business and make this its second core business after the office business, we reviewed our management structure and changed the method of classifying reportable segments from the first quarter of the current consolidated fiscal year.」
Against the backdrop of the policy of making the hotel business the second core business after the office business, the company established a new Operations Business by integrating the hotel and space-rental businesses from the first quarter of the current consolidated fiscal year, and integrated the brokerage and property management businesses into the Real Estate Services Business. It also changed the measure of segment profit from operating profit to ordinary profit.