Risk of declining inventory profitability and valuation reassessment
First written in FY2020. 16 of 17 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2018: 10 of 37 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The disclosure that no risk of declining inventory profitability and valuation reassessment has arisen or undergone a significant change has continued. - FY2025RestatedAnnual report
「The amounts recognized on the consolidated balance sheet for the consolidated fiscal year include ¥525.380 million of work in process related to paper machinery frames. Due to price competition, estimated profit margins at the time orders are received for paper machinery tend to be low, and depending on subsequent changes in manufacturing costs, the net realizable value may fall below cost.」
The company continued to disclose the risk of declining profitability and estimate reassessment relating to the valuation of work in process for paper machinery. It explained that total work in process was ¥2,572 million and that estimates regarding customers and sales methods, additional manufacturing costs, and other factors involved uncertainty. - FY2025-H1RestatedAnnual report
「The filing states that, during the interim consolidated accounting period, there were no material changes in the major risks that management recognizes could materially affect the consolidated companies' financial position, operating results or cash flows, or in the matters described under Business Risks in the securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment has arisen or undergone a significant change. - FY2024-Q3RestatedAnnual report
「During the third quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment has arisen or undergone a significant change. - FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment has arisen or undergone a significant change. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment arose or underwent a significant change during the first quarter. - FY2023RestatedAnnual report
「The amounts recognized on the consolidated balance sheet for the consolidated fiscal year include ¥491.340 million of work in process related to paper machinery frames. Due to price competition, estimated profit margins at the time orders are received for paper machinery tend to be low, and depending on subsequent changes in manufacturing costs, the net realizable value may fall below cost.」
Uncertainty regarding estimates of the net realizable value of work in process, additional manufacturing costs, customers and sales methods, and other factors continues to be disclosed. In addition to ¥491.340 million of work in process for paper machinery, valuation estimates for ¥1,645.804 million of raw materials and stored goods were also disclosed. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment has arisen or undergone a significant change. - FY2023-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment has arisen or undergone a significant change. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment has arisen or undergone a significant change. - FY2022-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment has arisen or undergone a significant change. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment arose or underwent a significant change during the first quarter. - FY2021RestatedAnnual report
「If these estimates and the underlying assumptions need to be revised in the future due to changes in the business environment or other factors, the amounts of work in process and cost of sales in the following consolidated fiscal year may be materially affected.」
The company stated that estimates for work in process of ¥3,530 million and raw materials and stored goods of ¥1,609 million involve uncertainty regarding net realizable value, additional manufacturing costs, future customers and sales methods, expected use, and other factors. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment arose or underwent a significant change during the third quarter. - FY2021-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment arose or underwent a significant change during the second quarter. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
There is no disclosure that the risk of declining inventory profitability and valuation reassessment arose or underwent a significant change during the first quarter. - FY2020First statedAnnual report
「If these estimates and assumptions need to be revised in the future due to changes in the business environment or other factors, the amounts of inventories and cost of sales from the following fiscal year onward may be affected.」
The company disclosed the risk that future revisions to estimates due to changes in the business environment could affect inventories and cost of sales in connection with inventory valuation based on the net realizable value of work in process and the age of stored goods.