Additional Provision and Risk of Additional Losses Due to Overbilling for Products
First written in FY2026-H1. 1 of 3 entries say "Worsened", first in 2026-05-12. Latest entry: FY2026.
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- FY2026MaterialisedAnnual report
「An additional loss was recorded as an extraordinary loss for compensation for lost profits incurred by the business partner in connection with the overbilling for products by a consolidated subsidiary.」
The overbilling matter progressed from the additional-provision stage to the stage of recording ¥3,208 million in compensation for lost profits as an additional extraordinary loss. - 2026-05-12WorsenedEarnings
「Regarding the overbilling of customers for products at a consolidated subsidiary, compensation of ¥3,208 million for lost profits incurred by business partners has been additionally recorded as an extraordinary loss.」
Expenses related to overbilling increased from ¥1,355 million in the previous fiscal year to ¥3,208 million, and an additional amount was recorded. - FY2026-H1First statedAnnual report
「In light of the status of discussions with the business partner concerning overbilling for products that occurred during the fiscal year ending March 2025, an additional provision for overbilling-related costs was recorded as an extraordinary loss, among other factors, resulting in ¥3,275 million, down 1.6% year on year. The Company additionally recorded a ¥1,284 million provision for overbilling-related costs during the current interim consolidated accounting period, taking into account the status of discussions with the business partner concerning the overbilling. Depending on the outcome of future discussions, the matter may have a further impact on the Company's consolidated results. However, as the amount of this impact is difficult to reasonably estimate at present, it has been disclosed as a contingent liability.」
Regarding the overbilling for products that occurred during the fiscal year ending March 2025, an additional ¥1,284 million provision was recorded based on the status of discussions, and recognized as an extraordinary loss. Any additional impact on results arising from the outcome of future discussions has been disclosed as a contingent liability because it is difficult to reasonably estimate at present.