The document this correction applies to
Timely disclosureWhat was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Semiannual Report for the fiscal year ending March 2026, First-Quarter Earnings Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated), Second-Quarter (Interim Period) Earnings Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)
Open the original documentThe figures for net sales, operating profit, ordinary income, quarterly net income or interim net income attributable to owners of the parent, total assets and net assets stated in the table titled “Impact of the Corrections on Consolidated Results and Financial Position.” The corrections apply to the first-quarter earnings summary, second-quarter (interim-period) earnings summary and semiannual report.
First quarter Net Sales 19,139,626 / Operating profit 384,139 / Ordinary income ▲ 274,074 / Profit attributable to owners of parent for the quarter ▲ 355,869 / Total assets 34,794,201 / Net assets 4,621,398 / Second quarter Net Sales 36,802,663 / Operating profit 829,908 / Ordinary income ▲ 274,565 / Interim net income attributable to owners of the parent ▲ 443,883 / Total assets 34,735,929 / Net assets 4,628,071
First quarter Net Sales 19,139,626 / Operating profit 392,237 / Ordinary income ▲ 265,976 / Profit attributable to owners of parent for the quarter ▲ 347,770 / Total assets 34,799,968 / Net assets 3,910,647 / Second quarter Net Sales 36,802,663 / Operating profit 844,135 / Ordinary income ▲ 260,338 / Interim net income attributable to owners of the parent ▲ 429,656 / Total assets 34,747,825 / Net assets 3,923,447
For the first and second quarters, the corrections affected operating profit, ordinary income, profit attributable to owners of the parent, total assets and net assets. Net sales were unchanged.
The necessary accounting treatment had not been applied in prior fiscal years to costs incurred in responding to product defects at a consolidated subsidiary. Based on the findings of the Special Investigation Committee and additional review, the company identified matters for which provisions and other items should have been recognized in prior fiscal years. The company has also corrected unadjusted items that were not material in prior fiscal years.
| Item | Details |
|---|---|
| Disclosure subject to correction | Semiannual Report for the fiscal year ending March 2026, First-Quarter Earnings Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated), Second-Quarter (Interim Period) Earnings Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) |
| Original disclosure date | Semiannual Report for the fiscal year ending March 2026 Not disclosed / First-Quarter Earnings Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) 2025-08-08 / Second-Quarter (Interim Period) Earnings Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) 2025-11-10 |
| Location of correction | The figures for net sales, operating profit, ordinary income, quarterly net income or interim net income attributable to owners of the parent, total assets and net assets stated in the table titled “Impact of the Corrections on Consolidated Results and Financial Position.” The corrections apply to the first-quarter earnings summary, second-quarter (interim-period) earnings summary and semiannual report. |
| Details of correction | First quarter Net Sales 19,139,626 / Operating profit 384,139 / Ordinary income ▲ 274,074 / Profit attributable to owners of parent for the quarter ▲ 355,869 / Total assets 34,794,201 / Net assets 4,621,398 / Second quarter Net Sales 36,802,663 / Operating profit 829,908 / Ordinary income ▲ 274,565 / Interim net income attributable to owners of the parent ▲ 443,883 / Total assets 34,735,929 / Net assets 4,628,071 → First quarter Net Sales 19,139,626 / Operating profit 392,237 / Ordinary income ▲ 265,976 / Profit attributable to owners of parent for the quarter ▲ 347,770 / Total assets 34,799,968 / Net assets 3,910,647 / Second quarter Net Sales 36,802,663 / Operating profit 844,135 / Ordinary income ▲ 260,338 / Interim net income attributable to owners of the parent ▲ 429,656 / Total assets 34,747,825 / Net assets 3,923,447（First quarter Net Sales Not disclosed / Operating profit 2.1％ / Ordinary income Not disclosed / Profit attributable to owners of parent for the quarter Not disclosed / Total assets 0.0％ / Net assets ▲ 15.4％ / Second quarter Net Sales Not disclosed / Operating profit 1.7％ / Ordinary income Not disclosed / Interim net income attributable to owners of the parent Not disclosed / Total assets 0.0％ / Net assets ▲ 15.2％） |
| Reason for correction | The necessary accounting treatment had not been applied in prior fiscal years to costs incurred in responding to product defects at a consolidated subsidiary. Based on the findings of the Special Investigation Committee and additional review, the company identified matters for which provisions and other items should have been recognized in prior fiscal years. The company has also corrected unadjusted items that were not material in prior fiscal years. |
| Impact on Business Performance | For the first and second quarters, the corrections affected operating profit, ordinary income, profit attributable to owners of the parent, total assets and net assets. Net sales were unchanged. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The necessary accounting treatment had not been applied in prior fiscal years to costs incurred in responding to defects in products previously manufactured and sold by a consolidated subsidiary. Based on the findings of the Special Investigation Committee and other factors, the company identified matters for which provisions and other items should have been recognized in prior fiscal years and has therefore made the corrections. It has also corrected unadjusted items that were not material in prior fiscal years.