Application of Notes on Accounting Estimates
First written in FY2021. 9 of 14 entries say "Restated". Latest entry: FY2026.
- FY2026Increase in inventory write-downsAnnual report
「Inventory write-down relative to the ending balance 39 63」
The inventory write-down increased from ¥39 million in the previous consolidated fiscal year to ¥63 million in the current consolidated fiscal year. The filing continues to state that higher prices for steel materials, parts, fuel, and other items could put pressure on profit. - FY2026-H1RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2025Inventory write-down of ¥39 millionAnnual report
「Inventory write-down relative to the ending balance 40 39」
The inventory write-down decreased from ¥40 million in the previous consolidated fiscal year to ¥39 million in the current consolidated fiscal year. The company continues to estimate that higher prices for steel materials, parts, and fuel could put pressure on profit. - FY2025-H1RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2024-Q2RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2024-Q1RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2023Increase in inventory write-downsAnnual report
「Inventory valuation loss 16 30」
The inventory valuation loss increased from ¥16 million in the previous consolidated fiscal year to ¥30 million in the current consolidated fiscal year. The company continues to estimate that higher prices for steel materials, parts, fuel, and other items, together with sluggish selling prices, could put pressure on profit. - FY2023-Q3RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2023-Q2RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2023-Q1RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2022Significant estimates specified as inventory valuationAnnual report
「For items where the net realizable value has fallen below the carrying unit cost of the respective finished products, work in process, raw materials, and supplies, the difference is recognized as an expense for the current fiscal year.」
The company specifically disclosed inventory valuation as a significant accounting estimate and recognized an inventory valuation loss of ¥16 million. It states that higher prices for steel materials, parts, and fuel, together with sluggish selling prices, could put pressure on profit. - FY2022-Q3RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2022-Q2RestatedAnnual report
「There have been no material changes in the descriptions of estimates in “Management's Analysis of Financial Position, Operating Results and Cash Flows” included in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes from the previous fiscal year in the assumptions used in accounting estimates. - FY2021First statedAnnual report
「The “Accounting Standard for Disclosure of Accounting Estimates” (ASBJ Statement No. 31, 31 March 2020) has been applied to the consolidated financial statements for the year-end of the current consolidated fiscal year, and notes on significant accounting estimates are included in the consolidated financial statements.」
The accounting standard requiring disclosures concerning significant accounting estimates was applied to the consolidated financial statements for the end of the current consolidated fiscal year.