Inventory write-downs and allowance for doubtful accounts related to customers
First written in FY2024-Q2. 2 of 3 entries say "Materialised", first in FY2024-Q3. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024MaterialisedAnnual report
「Segment profit declined due to a decrease in gross profit in the Devices business resulting from foreign exchange trends, the absence of the special demand recorded in the same period of the previous year, inventory write-downs and recognition of an allowance for doubtful accounts related to customers.」
Inventory write-downs and recognition of an allowance for doubtful accounts related to customers occurred during the full year as factors contributing to the decline in profit in the Semiconductors and Electronic Components business. - FY2024-Q3MaterialisedAnnual report
「Although profit increased in the Environmental Energy business, operating profit declined due to lower revenue in the Semiconductors and Electronic Components business, a decrease in gross profit on inventory sales as the yen's depreciation moderated, the absence of the special demand recorded in the same period of the previous year, inventory write-downs and recognition of an allowance for doubtful accounts related to customers, among other factors.」
The third-quarter cumulative results also state that inventory write-downs and recognition of an allowance for doubtful accounts related to customers actually occurred as factors contributing to the decline in profit in the Semiconductors and Electronic Components business. - FY2024-Q2First statedAnnual report
「Operating profit declined due to lower revenue in the Devices business, a decrease in gross profit on inventory sales as the yen's depreciation moderated, the absence of the special demand recorded in the same period of the previous year, inventory write-downs and recognition of an allowance for doubtful accounts related to customers, and lower revenue in the EMS business.」
Inventory write-downs and recognition of an allowance for doubtful accounts related to customers were separately identified for the first time as factors contributing to the decline in operating profit for the quarter.