Building up inventory in preparation for upcoming facility maintenance and replacement investment
First written in FY2020-Q3. 3 of 7 entries say "Restated". Latest entry: FY2022.
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- FY2022DroppedAnnual report
「In current assets, there were decreases in raw materials and supplies and in advances included in other current assets, although」
The previously disclosed inventory build-up in preparation for the next round of maintenance and replacement capital investment is not explicitly mentioned this time, while decreases in raw materials and supplies are disclosed. - FY2022-Q3RestatedAnnual report
「In current assets, there were decreases in merchandise and finished goods inventories and in advances included in other current assets, although」
The disclosure of inventory build-up in preparation for maintenance and replacement capital investment confirms again that the decrease in merchandise and finished goods inventories is continuing. - FY2022-Q1The decrease in merchandise and finished goods inventories continuesAnnual report
「In current assets, there were increases in notes and accounts receivable and other items, but cash and deposits decreased due to expenditures for the acquisition of investment securities and other factors, in addition to the decrease in merchandise and finished goods inventories. Including other factors, current assets decreased by ¥2,330 million from the end of the previous fiscal year.」
Following the inventory build-up in preparation for maintenance and replacement capital investment through the previous fiscal year, merchandise and finished goods inventories decreased from ¥5,670 million to ¥4,201 million. - FY2021-Q3From building up inventory to a decrease in merchandise and finished goods inventoriesAnnual report
「In current assets, there were decreases in notes and accounts receivable resulting from their settlement and in merchandise and finished goods inventories, which were major factors contributing to the decrease. However, there were also increases in cash and deposits resulting from the settlement of trade receivables, a major factor contributing to the increase. Including other factors, current assets increased by ¥241 million from the end of the previous fiscal year.」
Unlike the previous disclosures referring to inventory build-up in preparation for maintenance and replacement capital investment, merchandise and finished goods inventories are now identified as a factor contributing to the decrease. - FY2021-Q1RestatedAnnual report
「In current assets, there were increases in merchandise and finished goods inventories and other items associated with building up inventory in preparation for maintenance and replacement capital investment, a major factor contributing to the increase, although」
The continued build-up of inventory in preparation for maintenance and replacement capital investment contributed to the increase in merchandise and finished goods inventories. - FY2020RestatedAnnual report
「Increase in merchandise and finished goods inventories associated with building up inventory in preparation for the next round of maintenance and replacement capital investment」
It explains that the continued build-up of inventory in preparation for the next round of maintenance and replacement capital investment led to increases in merchandise and finished goods inventories and a decrease in cash. - FY2020-Q3First statedAnnual report
「In current assets, cash and deposits decreased, mainly due to increased expenditures associated with building up inventory in preparation for the next round of maintenance and replacement capital investment, including other factors. However, there were also factors contributing to an increase, such as higher merchandise and finished goods inventories resulting from the same inventory build-up. Including other factors, current assets increased by ¥726 million from the end of the previous fiscal year.」
It explains that building up inventory in preparation for the next round of maintenance and replacement capital investment resulted in a decrease in cash and deposits and an increase in merchandise and finished goods inventories.