Change in Inventory Valuation Method Following Reconstruction of Accounting System
First written in FY2018-Q1. 2 of 4 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2025: 1 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Achieved".
- FY2018AchievedAnnual report
「Previously, the domestic consolidated subsidiaries mainly used the latest purchase cost method to value raw materials for machinery, but from the current consolidated fiscal year, they have mainly changed to the first-in, first-out method. This change was prompted by the reconstruction of the accounting system and is intended to enable more rapid and appropriate calculation of periodic profit and loss.」
The change to the first-in, first-out method for valuing raw materials, prompted by the reconstruction of the accounting system, was applied from the current fiscal year. - FY2018-Q3RestatedAnnual report
「Previously, the domestic consolidated subsidiaries mainly used the latest purchase cost method to value raw materials for machinery, but from the first quarter consolidated accounting period, they have mainly changed to the first-in, first-out method. This change was prompted by the reconstruction of the accounting system and is intended to enable more rapid and appropriate calculation of periodic profit and loss.」
The change in the raw-material valuation method prompted by the reconstruction of the accounting system, and its purpose, were reconfirmed in the third quarter. - FY2018-Q2RestatedAnnual report
「Previously, the domestic consolidated subsidiaries mainly used the latest purchase cost method to value raw materials for machinery, but from the first quarter consolidated accounting period, they have mainly changed to the first-in, first-out method. This change was prompted by the reconstruction of the accounting system and is intended to enable more rapid and appropriate calculation of periodic profit and loss.」
The change in the raw-material valuation method prompted by the reconstruction of the accounting system, and its purpose, were reconfirmed in the second quarter. - FY2018-Q1First statedAnnual report
「Previously, the domestic consolidated subsidiaries mainly used the latest purchase cost method to value raw materials for machinery, but from the current first quarter consolidated accounting period, they have mainly changed to the first-in, first-out method. This change was prompted by the reconstruction of the accounting system and is intended to enable more rapid and appropriate calculation of periodic profit and loss.」
Following the reconstruction of the accounting system, the domestic consolidated subsidiaries changed the valuation method for machinery raw materials to the first-in, first-out method to make periodic profit and loss calculations faster and more appropriate.