Changes to Business Segment Classification for Management Purposes
First written in FY2018-Q1. 3 of 6 entries say "Restated". Latest entry: FY2025-H1.
Tokyu moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Reframed".
- FY2025-H1ReframedAnnual report
「From the current interim consolidated accounting period, the Company transferred hotels previously recorded under the Real Estate Business to the Hotel and Resort Business to improve operational efficiency by centralizing hotel management functions. Segment information for the previous interim consolidated accounting period is presented using the revised classification.」
The company changed the reportable segment classification to reflect the centralization of hotel management functions and improved operational efficiency. - FY2021-Q2RestatedAnnual report
「In connection with this Group reorganization, during the 3rd quarter consolidated accounting period of the previous fiscal year, the Company reorganized and reclassified operating expenses that had previously been allocated to each business under the Accounting Regulations for Railway Businesses (Ordinance No. 7 of the Ministry of Transport dated 20 February 1987) into operating expenses attributable to the Company, which continues to manage the Group as an operating holding company, and operating expenses attributable to Tokyu Railways, which operates the railway and tramway business.」
The company has reconfirmed the change in the classification of operating expenses following the separation of the railway business and the comparison with the same period of the previous year under the revised classification. - FY2020-Q3ReframedAnnual report
「In connection with this Group reorganization, during the 3rd quarter consolidated accounting period, the Company reorganized and reclassified operating expenses that had previously been allocated to each business under the Accounting Regulations for Railway Businesses (Ordinance No. 7 of the Ministry of Transport dated 20 February 1987) into operating expenses attributable to the Company, which continues to manage the Group as an operating holding company, and operating expenses attributable to Tokyu Railways, which operates the railway and tramway business. As a result, after reviewing the nature of the expenses previously presented as operating expenses and cost of sales for transportation and other businesses, the Company changed its presentation method from the 3rd quarter cumulative consolidated period, presenting part of those expenses as selling, general and administrative expenses. Accordingly, ¥5,294 million previously presented as operating expenses and cost of sales for transportation and other businesses in the quarterly consolidated statements of income for the 3rd quarter cumulative period of the previous fiscal year has been reclassified and presented as selling, general and administrative expenses.」
Following the separation of the railway business, the company reorganized the operating expenses of the operating holding company and Tokyu Railways and changed the presentation of operating expenses. ¥5,294 million for the same period of the previous year was reclassified as selling, general and administrative expenses. - FY2018-Q3RestatedAnnual report
「From the first quarter consolidated accounting period, the Company established a new Other Businesses category in its separate financial statements for management purposes, and changed the classification of businesses related to lifestyle services and hotel and resort operations, previously classified under the Real Estate Business, to that category. Accordingly, the classification of some businesses within the reportable segments of the consolidated financial statements was also changed.」
The company has reconfirmed the establishment of the Other Businesses category for management purposes and the reclassification of the lifestyle services and hotel and resort businesses. - FY2018-Q2RestatedAnnual report
「From the first quarter consolidated accounting period, the Company established a new Other Businesses category in its separate financial statements for management purposes, and changed the classification of businesses related to lifestyle services and hotel and resort operations, previously classified under the Real Estate Business, to that category. Accordingly, the classification of some businesses within the reportable segments of the consolidated financial statements was also changed.」
The company has reconfirmed the establishment of the Other Businesses category for management purposes and the reclassification of the lifestyle services and hotel and resort businesses. - FY2018-Q1First statedAnnual report
「From the first quarter consolidated accounting period, the Company established a new Other Businesses category in its separate financial statements for management purposes, and changed the classification of businesses related to lifestyle services and hotel and resort operations, previously classified under the Real Estate Business, to that category. Accordingly, the classification of some businesses within the reportable segments of the consolidated financial statements was also changed.」
The company established a new Other Businesses category for management purposes and changed the classification of the lifestyle services and hotel and resort businesses.