Change in Segment Profit Metric from Operating Profit to Business Profit
First written in FY2024-Q2. 3 of 5 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Business profit is calculated by excluding profit and loss arising from non-recurring factors from operating profit.」
Business profit excluding non-recurring items continues to be used as the segment metric for measuring profit from business operations. Business profit has also been applied to the new 3 business segments. - FY2025-H1RestatedAnnual report
「Business profit is calculated by excluding profit and loss arising from non-recurring factors from operating profit.」
The Company continues to disclose business profit as a measure of profit from business operations, excluding the effects of non-recurring items such as the gain on loss of control of a subsidiary in the previous year. - FY2024ReframedAnnual report
「Regarding bonuses for the fiscal year ending March 2025, the Board of Directors resolved at its meeting in June 2024, in accordance with advice from the Compensation Committee, to use the following calculation method: Total bonus payment = (consolidated business profit (IFRS) + share of profit or loss of investments accounted for using the equity method) × 3.5%」
The basis for calculating executive bonuses for the fiscal year ending March 2025 was changed from operating profit, which is affected by one-time gains on loss of control, to the sum of consolidated business profit and share of profit or loss of investments accounted for using the equity method. - FY2024-Q3RestatedAnnual report
「From the second-quarter consolidated accounting period, the profit of reportable segments has been changed from “operating profit” to “business profit” to measure profit generated by the ordinary conduct of business.」
The Company continues to measure and disclose segment performance based on business profit, excluding non-recurring gains and losses, which was introduced from the second quarter. - FY2024-Q2First statedAnnual report
「From the current second-quarter consolidated cumulative period, the profit of reportable segments has been changed from “operating profit” to “business profit” to measure profit generated by the ordinary conduct of business. Business profit is calculated by excluding profit and loss arising from non-recurring factors from operating profit.」
The Company changed the profit metric for reportable segments from operating profit to business profit, explicitly disclosing for the first time a method based on profit from business operations excluding non-recurring gains and losses.