Change in Allocation Basis for Company-Wide Expenses Accompanying the Transition to a Holding Company Structure
First written in FY2019-Q3. 1 of 3 entries say "Restated". Latest entry: FY2020-Q3.
73 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「From the nine months ended the third quarter of the current consolidated fiscal year, the company changed the allocation basis for corporate expenses in connection with the transition to a holding-company structure. Group management expenses incurred primarily by the company, the holding company, are classified as corporate expenses rather than allocated to each reporting segment.」
The company continues to apply the allocation basis for corporate expenses following the transition to a holding-company structure. Japan segment profit is disclosed as ¥434.018 million, with an adjustment of negative ¥160.000 million. - FY2019Updating the impact of the full-year change in the allocation of corporate expensesAnnual report
「From the current consolidated fiscal year, the company changed the allocation basis for corporate expenses in connection with the transition to a holding-company structure. Group management expenses incurred primarily by the company, the holding company, are classified as corporate expenses rather than allocated to each reporting segment. As a result of this change, compared with the previous method, segment profit for “Japan” decreased by ¥52.881 million and the adjustment to segment profit increased by ¥52.881 million.」
The full-year segment information confirms the change in the allocation basis for corporate expenses following the transition to a holding-company structure and discloses the impact on Japan segment profit as ¥52.881 million. - FY2019-Q3First statedAnnual report
「From the nine months ended the third quarter of the current consolidated fiscal year, the company changed the allocation basis for corporate expenses in connection with the transition to a holding-company structure. Group management expenses incurred primarily by the company, the holding company, are classified as corporate expenses rather than allocated to each reporting segment. As a result of this change, compared with the previous method, segment profit for “Japan” increased by ¥182.203 million and the adjustment to segment profit decreased by ¥182.203 million.」
Following the transition to a holding-company structure, the company applied from the nine months ended the third quarter a method of measuring segment profit under which group management expenses are classified as corporate expenses rather than allocated to each reporting segment. The comparative impact versus the previous method is also presented.