Asahi Eito Holdings (5341) · FactFirst stated

Correction of a Prior-Period Error in the Product Warranty Provision

First written in FY2022-Q1. . Latest entry: FY2022-Q1.

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Recognition of a Product Warranty ProvisionA theme 73 companies write about · 67 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2019: 6 of 30 companies on the "Worse" side.

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FY2022-Q1First statedAnnual report
「The provision for product warranties that should have been recognized in prior fiscal years had not been recorded. The cumulative impact before the previous consolidated fiscal year has been reflected in the opening balances of assets, liabilities, and net assets for the previous consolidated fiscal year.」
The Company corrected and restated product warranty provisions that had not been recorded in prior fiscal years, reducing net assets at the beginning of the previous consolidated fiscal year by ¥8.018 million.

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Asahi Eito Holdings's next results are scheduled for 2026-10-09. Read the earnings preview

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