Change in the presentation classification of rental costs based on store-level profit and loss management
First written in FY2023-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023.
5 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Following the application of the accounting standard for revenue recognition, the Company reconsidered the classification of operating costs from the perspective of store profit and loss management. To present the actual state of store operations more appropriately, the Company changed its accounting method, recording rental costs previously presented as operating costs under selling, general and administrative expenses.」
The Company continues to classify rental costs from operating costs to selling, general and administrative expenses. - FY2023-Q3RestatedAnnual report
「Following the application of the accounting standard for revenue recognition, the Company reconsidered the classification of operating costs from the perspective of store profit and loss management. To present the actual state of store operations more appropriately, the Company changed its presentation method, classifying rental costs previously presented as operating costs under selling, general and administrative expenses.」
The Company continues to classify rental costs from operating costs to selling, general and administrative expenses, and has reclassified ¥908 million for the first nine months of the previous fiscal year. - FY2023-Q2RestatedAnnual report
「Following the application of the accounting standard for revenue recognition, the Company reconsidered the classification of operating costs from the perspective of store profit and loss management. To present the actual state of store operations more appropriately, the Company changed its presentation method, classifying rental costs previously presented as operating costs under selling, general and administrative expenses.」
The Company continues to classify rental costs from operating costs to selling, general and administrative expenses, and has reclassified the ¥596 million in rental costs for the second quarter of the previous fiscal year. - FY2023-Q1First statedAnnual report
「Following the application of the accounting standard for revenue recognition, the Company reconsidered the classification of operating costs from the perspective of store profit and loss management. To present the actual state of store operations more appropriately, the Company changed its presentation method, classifying rental costs previously presented as operating costs under selling, general and administrative expenses.」
Following the application of the accounting standard for revenue recognition, the classification of rental costs was changed from operating costs to selling, general and administrative expenses to present the actual state of store operations more appropriately. The ¥297 million in rental costs for the same period of the previous year was also reclassified.