What was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Annual Securities Report—the 22nd fiscal year (from 1 July 2020 to 30 June 2021), Annual Securities Report—the 23rd fiscal year (from 1 July 2021 to 30 June 2022), Annual Securities Report—the 24th fiscal year (from 1 July 2022 to 30 June 2023), Annual Securities Report—the 25th fiscal year (from 1 July 2023 to 30 June 2024), Annual Securities Report—the 26th fiscal year (from 1 July 2024 to 31 March 2025), Earnings flash reports and other disclosures for the quarterly, interim and full-year periods from the 21st through the 27th fiscal years
The consolidated financial statements and quarterly (interim) consolidated financial statements in annual securities reports, quarterly securities reports, semiannual securities reports and earnings flash reports for prior fiscal years. The corrections primarily relate to transactions involving materials supplied for consideration by overseas subsidiaries, matters previously excluded from the scope of correction reports for prior fiscal years, the periods to which impairment losses and other loss items should be attributed, and other accounting matters identified during the self-review.
The figures for consolidated performance, net assets and total assets for prior fiscal years stated in the Before Correction columns, including, for example, net income attributable to owners of the parent of ¥2,807 million for the second quarter of the fiscal year ending March 2026, the 27th fiscal year.
The figures for consolidated performance, net assets and total assets for prior fiscal years stated in the After Correction columns, including, for example, net income attributable to owners of the parent of ¥6,179 million for the second quarter of the fiscal year ending March 2026, the 27th fiscal year.
The summary of the impact on consolidated performance presents, by period and item, the figures before and after correction, the amount of the impact and the percentage change for net sales, operating income, ordinary income, net income attributable to owners of the parent, net assets and total assets. For example, in the full year of the 21st fiscal year, the fiscal year ended June 2020, net sales were corrected from ¥6,678 million to ¥6,292 million, and net income attributable to owners of the parent was corrected from ¥211 million to ¥115 million. In the second quarter of the fiscal year ending March 2026, the 27th fiscal year, net income attributable to owners of the parent was corrected from ¥2,807 million to ¥6,179 million.
A self-review and re-examination of accounting treatments and financial reporting for prior fiscal years determined that corrections were required in areas including revenue recognition, inventory valuation, cost accounting, fixed asset valuation and tax-effect accounting. Specifically, the Company reviewed the recognition method and inventory accounting method for transactions involving materials supplied for consideration by overseas subsidiaries, reflected matters previously excluded from the scope of corrections for prior fiscal years, reviewed the periods to which impairment losses and other items should be attributed, and corrected other accounting errors and presentation matters.
| Item | Details |
|---|---|
| Disclosure subject to correction | Annual Securities Report—the 22nd fiscal year (from 1 July 2020 to 30 June 2021), Annual Securities Report—the 23rd fiscal year (from 1 July 2021 to 30 June 2022), Annual Securities Report—the 24th fiscal year (from 1 July 2022 to 30 June 2023), Annual Securities Report—the 25th fiscal year (from 1 July 2023 to 30 June 2024), Annual Securities Report—the 26th fiscal year (from 1 July 2024 to 31 March 2025), Earnings flash reports and other disclosures for the quarterly, interim and full-year periods from the 21st through the 27th fiscal years |
| Location of correction | The consolidated financial statements and quarterly (interim) consolidated financial statements in annual securities reports, quarterly securities reports, semiannual securities reports and earnings flash reports for prior fiscal years. The corrections primarily relate to transactions involving materials supplied for consideration by overseas subsidiaries, matters previously excluded from the scope of correction reports for prior fiscal years, the periods to which impairment losses and other loss items should be attributed, and other accounting matters identified during the self-review. |
| Details of correction | The figures for consolidated performance, net assets and total assets for prior fiscal years stated in the Before Correction columns, including, for example, net income attributable to owners of the parent of ¥2,807 million for the second quarter of the fiscal year ending March 2026, the 27th fiscal year. → The figures for consolidated performance, net assets and total assets for prior fiscal years stated in the After Correction columns, including, for example, net income attributable to owners of the parent of ¥6,179 million for the second quarter of the fiscal year ending March 2026, the 27th fiscal year.（The percentage change is presented for each period and item. Example: △120.13%.） |
| Reason for correction | A self-review and re-examination of accounting treatments and financial reporting for prior fiscal years determined that corrections were required in areas including revenue recognition, inventory valuation, cost accounting, fixed asset valuation and tax-effect accounting. Specifically, the Company reviewed the recognition method and inventory accounting method for transactions involving materials supplied for consideration by overseas subsidiaries, reflected matters previously excluded from the scope of corrections for prior fiscal years, reviewed the periods to which impairment losses and other items should be attributed, and corrected other accounting errors and presentation matters. |
| Impact on Business Performance | The summary of the impact on consolidated performance presents, by period and item, the figures before and after correction, the amount of the impact and the percentage change for net sales, operating income, ordinary income, net income attributable to owners of the parent, net assets and total assets. For example, in the full year of the 21st fiscal year, the fiscal year ended June 2020, net sales were corrected from ¥6,678 million to ¥6,292 million, and net income attributable to owners of the parent was corrected from ¥211 million to ¥115 million. In the second quarter of the fiscal year ending March 2026, the 27th fiscal year, net income attributable to owners of the parent was corrected from ¥2,807 million to ¥6,179 million. |
Items this document does not state (1)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.A self-review conducted in light of reports by the Independent Investigation Committee, Verification Committee and Investigation Committee identified matters requiring correction, including transactions involving materials supplied for consideration by overseas subsidiaries, matters from prior fiscal years that had been excluded from the scope of previous corrections, the periods to which impairment losses and other items should be attributed, and other accounting errors and presentation revisions.