Dependence on a Single Rental-Related Business Segment
First written in FY2022. 5 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 22 of 57 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Following the consolidation of Qool Enviro Pte. Ltd. as a subsidiary from the current consolidated fiscal year, reportable segments were changed from the previous single “rental-related business” segment to three segments: “domestic scaffolding rental,” “overseas scaffolding rental” and “other overseas rental.”」
The annual report continues to reflect the change from a single segment to three segments following Qool’s consolidation. - FY2026-H1ReframedAnnual report
「Following the consolidation of Qool Enviro Pte. Ltd. as a subsidiary from the interim consolidated accounting period, reportable segments were changed from the previous single “rental-related business” segment to three segments: “domestic scaffolding rental,” “overseas scaffolding rental” and “other overseas rental.”」
Following Qool’s consolidation, the reporting structure changed from one segment to three: domestic scaffolding rental, overseas scaffolding rental and other overseas rental. - FY2025-H1RestatedAnnual report
「Because the company has a single rental-related business segment, segment information has been omitted.」
The company restates its single-segment rental-related business structure. - FY2024-Q2RestatedAnnual report
「Because the company has a single rental-related business segment, segment information has been omitted.」
The company restates its single-segment rental-related business structure. - FY2023RestatedAnnual report
「Because the Group has a single rental-related business segment, segment information has been omitted.」
The Group restates its single-segment business structure. - FY2023-Q3RestatedAnnual report
「Because the company has a single rental-related business segment, segment information has been omitted.」
The company restates that rental-related operations comprise a single business segment. - FY2022First statedAnnual report
「Accordingly, if construction investment trends fluctuate and demand for temporary equipment rentals declines, our results and financial position could be affected because we operate in a single rental-related business segment.」
The company identifies its single-segment structure as a business-concentration risk and cites new-business creation as a response.