Analysis of Segment Financial Report Disclosure at PT Nippon Indosari Corpindo Tbk

Abstract

The disclosure of segment financial reports is mandatory for publicly traded companies. This study aims to analyze whether the company has presented Segment Financial Reports based on Accounting Standards Statement (PSAK) Number 108 in Financial Statement Disclosure.This study also aims to evaluate the performance of PT Nippon Indosari Corpindo Tbk, using a sample of the company's financial reports published on the Indonesia Stock Exchange from 2020 to 2024. The company presents segment financial report disclosures based on geographic areas: the West, Central, and East. This study employed a descriptive quantitative approach with a purposive sampling technique, based on PSAK No. 108, to determine whether segment disclosures are required in the financial statements. Using the 10% revenue or sales, 10% profit, and 10% business segment assets test, the Central and Eastern geographic segments are required to disclose segment reports, while the Western geographic region is not required to disclose them. The Central region generated the highest sales, the Eastern region generated the highest profit compared to other regions, and the Central region held the highest assets. The Philippines region did not meet the disclosure requirements due to incomplete financial data.