Recognition of a Product Warranty Provision
First written in FY2017. 10 of 19 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2019: 6 of 30 companies on the "Worse" side.
18 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「We had recognized a provision for the costs of repairing or replacing products covered during the warranty period under contracts entered into by our subsidiary Advanex Europe Ltd. As the warranty period had expired, we recognized a reversal of the provision.」
The provision for product warranties of Advanex Europe Ltd. was reversed following the expiry of the warranty period, reducing the provision for product warranties on the consolidated balance sheet to zero. - FY2022-Q3Increase in balanceAnnual report
「Provision for product warranties 77,637 79,172」
The provision for product warranties increased from ¥77,637 thousand at the end of the previous consolidated fiscal year to ¥79,172 thousand, and provisioning continues. - FY2022-Q2Decrease in BalanceAnnual report
「Provision for product warranties 77,637 76,719」
The provision for product warranties declined from ¥77,637 thousand at the end of the previous consolidated fiscal year to ¥76,719 thousand, but provisioning for product warranties continues. - FY2022-Q1Increase in balanceAnnual report
「Provision for product warranties 77,637 78,111」
The provision for product warranties increased from ¥77,637 thousand at the end of the previous consolidated fiscal year to ¥78,111 thousand, and provisioning continues. - FY2021Increase in balanceAnnual report
「Provision for product warranties 67,993 77,637」
The provision for product warranties increased from ¥67,993 thousand at the end of the previous fiscal year to ¥77,637 thousand, and provisioning continues. - FY2021-Q3Increase in balanceAnnual report
「Provision for product warranties 67,993 71,308」
The provision for product warranties increased from ¥67,993 thousand at the end of the previous consolidated fiscal year to ¥71,308 thousand, and provisioning for product warranties continues. - FY2021-Q2Increase in balanceAnnual report
「Provision for product warranties 67,993 69,405」
The provision for product warranties increased from ¥67,993 thousand at the end of the previous consolidated fiscal year to ¥69,405 thousand, and provisioning for product warranties continues. - FY2020Decrease in BalanceAnnual report
「Provision for product warranties 73,939 67,993」
The provision for product warranties declined from ¥73,939 thousand at the end of the previous fiscal year to ¥67,993 thousand, but provisioning itself continues. - FY2020-Q3RestatedAnnual report
「Provision for product warranties 73,939 73,174」
The provision for product warranties declined from ¥73,939 thousand at the end of the previous consolidated fiscal year to ¥73,174 thousand. Provisioning for product warranties continues. - FY2020-Q2RestatedAnnual report
「Provision for product warranties 73,939 67,671」
The provision for product warranties declined from ¥73,939 thousand at the end of the previous consolidated fiscal year to ¥67,671 thousand. Provisioning for product warranties continues. - FY2020-Q1RestatedAnnual report
「Provision for product warranties 73,939 69,650」
The provision for product warranties declined from ¥73,939 thousand at the end of the previous consolidated fiscal year to ¥69,650 thousand, while provisioning for product warranties continues. - FY2019-Q3RestatedAnnual report
「Provision for product warranties 75,908 71,634」
The provision for product warranties declined from ¥75,908 thousand at the end of the previous consolidated fiscal year to ¥71,634 thousand, while provisioning for product warranties continues. - FY2019-Q2RestatedAnnual report
「Provision for product warranties 75,908 75,750」
The provision for product warranties declined from ¥75,908 thousand at the end of the previous consolidated fiscal year to ¥75,750 thousand, while provisioning for product warranties continues. - FY2019-Q1RestatedAnnual report
「Provision for product warranties 75,908 73,740」
The provision for product warranties declined from ¥75,908 thousand at the end of the previous consolidated fiscal year to ¥73,740 thousand, while provisioning for product warranties continues. - FY2018RestatedAnnual report
「Provision for product warranties 71,440 75,908」
The provision for product warranties stood at ¥75,908 thousand at the end of the consolidated fiscal year, up from ¥71,440 thousand at the end of the previous consolidated fiscal year. Provisioning for product warranties continues. - FY2018-Q3RestatedAnnual report
「Provision for product warranties 71,440 77,494」
The provision for product warranties stood at ¥77,494 thousand at the end of the third quarter, up from ¥71,440 thousand at the end of the previous consolidated fiscal year. Provisioning for product warranties continues. - FY2018-Q2RestatedAnnual report
「Provision for product warranties 71,440 77,198」
The provision for product warranties stood at ¥77,198 thousand at the end of the second quarter, up from ¥71,440 thousand at the end of the previous consolidated fiscal year. Provisioning for product warranties continues. - FY2018-Q1RestatedAnnual report
「Provision for product warranties 71,440 74,352」
The provision for product warranties stood at ¥74,352 thousand at the end of the quarter, up from ¥71,440 thousand at the end of the previous consolidated fiscal year. - FY2017First statedAnnual report
「Provision for product warranties ¥73,062 thousand」
A provision was recognized for costs associated with product warranties, with ¥73,062 thousand recognized as an extraordinary loss. The disclosure indicates that product warranty costs were incurred as an actual accounting item.