Contents of this filing
A material weakness required to be disclosed was identified in the internal controls over the closing and financial reporting processes related to inventory valuation, and the disclosure states that the internal controls over financial reporting were not effective. An impairment loss was recognized, and the necessary adjustments were reflected in the consolidated financial statements and financial statements. As a remediation measure, layered quarterly checks and approval by the head of the relevant business division will be conducted for inventory with extremely low sales progress.
この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。
| Item | Details |
|---|---|
| Changes this time | A material weakness required to be disclosed was identified in the internal controls over the closing and financial reporting processes related to inventory valuation, and the disclosure states that the internal controls over financial reporting were not effective. An impairment loss was recognized, and the necessary adjustments were reflected in the consolidated financial statements and financial statements. As a remediation measure, layered quarterly checks and approval by the head of the relevant business division will be conducted for inventory with extremely low sales progress. |
Items this document does not state (7)
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.Sales results were extremely low relative to the sales plan, and the subsequent sales plan and the manufacturer's sales support could not be specified in concrete terms, making it impossible to conclude that the sales plan was highly achievable. The material weakness was identified after the fiscal year-end date and could not be remediated by the end of the fiscal year.