Change in the Reportable Segment Evaluation Method Prompted by Medium-Term Management Plan 2021
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022-Q1.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2022-Q1RestatedAnnual report
「In addition, beginning with the first quarter, we changed the classification of reportable segments. Details are provided under “4. Financial Information, 1. Quarterly Consolidated Financial Statements, Notes (Segment Information, etc.).”」
The change in reportable segments has been applied since the first quarter. The previous change in segment evaluation methods has also been extended to the independent management of the Service and Maintenance Business. - FY2020RestatedAnnual report
「In addition, beginning with the current fiscal year, we changed the method of calculating profit or loss for business segments in order to evaluate reportable segment performance more appropriately.」
The change in the method of calculating reportable segment profit and assets triggered by Medium-Term Management Plan 2021 is also being applied for the full fiscal year. - FY2020-Q3RestatedAnnual report
「In addition, beginning with the first quarter, we changed the method of calculating profit or loss for business segments in order to evaluate reportable segment performance more appropriately.」
The change in the method of calculating reportable segment profit triggered by Medium-Term Management Plan 2021 continues to be applied in the third quarter. - FY2020-Q1First statedAnnual report
「Previously, management guidance fees and other charges for business support provided by the company to the Real Estate Business and Sales Business were recorded as intersegment sales of the Passenger Transportation Business, as intersegment internal transactions. Personnel expenses and other costs related to business support provided by the company to each group company were allocated to the respective reportable segments. Beginning with the first quarter of the current fiscal year, following the formulation of Medium-Term Management Plan 2021, we changed the method in order to evaluate reportable segment performance more appropriately. Management guidance fees and other charges for business support provided by the company to the Real Estate Business and Sales Business are no longer recorded as intersegment internal sales, while personnel expenses and other costs related to business support provided by the company to each group company are no longer allocated to the respective segments and are instead recorded as corporate expenses under adjustments to segment profit.」
Following the formulation of Medium-Term Management Plan 2021, the company changed the method of recording intersegment transactions and corporate expenses in order to evaluate segment performance more appropriately.