Change in inventory valuation method from the first-in, first-out method to the weighted-average method
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 7 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Merchandise Cost method based on the weighted-average method (method of writing down the carrying amount due to declining profitability) Raw materials and supplies Fabric, etc. ... Cost method based on the weighted-average method (method of writing down the carrying amount due to declining profitability)」
The company continues to use the cost method based on the weighted-average method for merchandise and raw materials and supplies, including fabric. - FY2025-H1First statedAnnual report
「The company had previously used the cost method based on FIFO to value raw materials and supplies, including fabric, but changed to the cost method based on the weighted-average method from the current interim consolidated accounting period.」
The inventory valuation method was changed against the backdrop of the increased materiality of raw materials and supplies and the launch of a new system intended to improve performance management. The company states that the impact was immaterial.