Changing a Consolidated Subsidiary’s Inventory Valuation Method to the Weighted-Average Method
First written in FY2025-Q1. 1 of 2 entries say "Restated". Latest entry: FY2025-H1.
19 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「The method for valuing merchandise at consolidated subsidiaries was previously the cost method based on the retail method, with the balance-sheet value determined by writing down the book value based on declines in profitability. From the current interim consolidated accounting period, it has been changed to the weighted-average method, with the balance-sheet value determined by writing down the book value based on declines in profitability.」
The accounting policy of changing the merchandise valuation method at consolidated subsidiaries from the retail method to the weighted-average method continued to be applied during the interim consolidated accounting period. - FY2025-Q1First statedAnnual report
「The method for valuing merchandise at consolidated subsidiaries was previously the cost method based on the retail method, with the balance-sheet value determined by writing down the book value based on declines in profitability. From the current first quarter consolidated accounting period, it has been changed to the weighted-average method, with the balance-sheet value determined by writing down the book value based on declines in profitability.」
From the current first quarter consolidated accounting period, the accounting policy for valuing merchandise at consolidated subsidiaries was changed from the retail method to the weighted-average method, to unify the Group's accounting policies and ensure appropriate valuation of merchandise.