Wilson Learning Worldwide (9610) · InitiativeReframed
Change in revenue allocation following a review of the global royalty policy
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023-Q3.
3entries
2years
0from disclosures
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Same theme, other companies
Changes in Interregional Revenue Allocation Under Global Royalty PolicyA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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- FY2023-Q3ReframedAnnual report
「Economic activity in India is expanding and sales increased, but profit declined due to higher intra-group expenses, namely increased royalty payments to the company.」
While the global royalty rule change contributed to higher domestic revenue, increased royalty payments to the company in India were a factor behind the decline in profit, with the impact of revenue allocation emerging differently by region. - FY2023-Q1AdvancedAnnual report
「Revenue increased as a result of a change in the intra-group royalty rules.」
Regarding the review of the global royalty policy announced in the previous fiscal year, the company described the concrete effect of increased revenue in the domestic segment. - FY2022First statedAnnual report
「The company also reviewed its global royalty policy, which improved royalty income.」
The company stated that it had reviewed its global royalty policy, improving domestic royalty income while also affecting segment sales and operating income in North America and Europe.