Mitsui Kinzoku (5706) · PolicyRestated
Change in the Inventory Valuation Method at Mitsui Kinzoku ACT
First written in FY2023-Q1. 1 of 2 entries say "Restated". Latest entry: FY2023-Q2.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Change in inventory valuation method from the weighted-average method to the moving-average methodA theme 47 companies write about · 0 as a headwind · 6 as a tailwind
19 other companies' latest entry also says "Restated".
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Showing 14 of the 47 companies compared. The sentences above are computed from all 47.Full recordFilings, disclosures and news, newest first
- FY2023-Q2RestatedAnnual report
「当社の連結子会社である三井金属アクト株式会社において、従来、棚卸資産の評価方法については、先入先出法による原価法を採用しておりましたが、第１四半期連結会計期間より、移動平均法による原価法に変更しております。この評価方法の変更は、基幹システムの変更を契機に、評価方法を見直したことに伴うものであります。なお、この変更による影響額は軽微であるため、遡及適用は行っておりません。」
三井金属アクトの棚卸資産評価方法を先入先出法から移動平均法へ変更した会計処理を継続して開示している。 - FY2023-Q1First statedAnnual report
「At our consolidated subsidiary Mitsui Kinzoku ACT, inventories had previously been valued using the cost method based on the first-in, first-out method. From the first quarter of the consolidated fiscal year under review, we changed to the cost method based on the moving-average method.」
Following a change in the core system, Mitsui Kinzoku ACT changed its inventory valuation method from FIFO to the moving-average method. The impact was immaterial, so the change was not applied retrospectively.