Risk of fluctuations in profit margins on individual orders
First written in FY2016. 4 of 20 entries say "Worsened", first in FY2021-Q3. Latest entry: FY2025.
Npc moved to the "Worse" side of this theme in 2018, 7 years before the typical company in this theme (2025).
The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Product warranty provision ¥39.567 million ¥18.873 million」
The product warranty provision decreased from ¥39.567 million at the end of the previous fiscal year to ¥18.873 million, reducing the provision burden for product warranty claims. - FY2025-H1Decrease in Provision for Product WarrantiesAnnual report
「Product warranty provision ¥39.567 million ¥31.627 million」
The product warranty provision decreased from ¥39.567 million at the end of the previous consolidated fiscal year to ¥31.627 million at the end of the current interim consolidated accounting period. - FY2024WorsenedAnnual report
「Product warranty provision ¥10.887 million ¥39.567 million」
The product warranty provision increased from ¥10.887 million at the end of the previous fiscal year to ¥39.567 million at the end of the current fiscal year, increasing the burden of preparing for product warranty claims. - FY2024-Q3Decrease in Provision for Product WarrantiesAnnual report
「Product warranty provision ¥10.887 million ¥5.440 million」
The product warranty provision decreased from ¥10.887 million at the end of the previous consolidated fiscal year to ¥5.440 million at the end of the third quarter. - FY2024-Q2Decrease in Provision for Product WarrantiesAnnual report
「Product warranty provision ¥10.887 million ¥5.457 million」
The product warranty provision decreased from ¥10.887 million at the end of the previous consolidated fiscal year to ¥5.457 million at the end of the second quarter. - FY2024-Q1Decrease in Provision for Product WarrantiesAnnual report
「Product warranty provision ¥10.887 million ¥6.277 million」
The product warranty provision decreased from ¥10.887 million at the end of the previous consolidated fiscal year to ¥6.277 million at the end of the first quarter. - FY2023-Q3Decrease in Provision for Product WarrantiesAnnual report
「Product warranty provision － ¥10.607 million」
The product warranty provision increased from no provision at the end of the previous consolidated fiscal year to ¥10.607 million. It decreased from ¥15.363 million at the end of the second quarter. - FY2023-Q2Product warranty provision decreased after being recognized againAnnual report
「Product warranty provision － ¥15.363 million」
The product warranty provision was not recognized at the end of the previous consolidated fiscal year but was recognized at ¥15.363 million at the end of the second quarter. It decreased from ¥17.200 million at the end of the first quarter. - FY2023-Q1Product warranty provision recognized againAnnual report
「Product warranty provision － ¥17.200 million」
The product warranty provision, which had not been recognized at the end of the previous consolidated fiscal year, was recognized at ¥17.200 million at the end of the first quarter. - FY2022Product warranty provision eliminatedAnnual report
「Product warranty provision ¥207.085 million －」
The product warranty provision, which stood at ¥207.085 million at the end of the previous fiscal year, was no longer recognized at the end of the current fiscal year. - FY2022-Q3WorsenedAnnual report
「Product warranty provision ¥207.085 million ¥232.565 million」
The product warranty provision increased from ¥207.085 million at the end of the previous consolidated fiscal year to ¥232.565 million at the end of the third quarter, increasing the burden of preparing for product warranty claims. - FY2021WorsenedAnnual report
「Product warranty provision ¥237.605 million」
The product warranty provision increased from ¥186.650 million at the end of the previous fiscal year to ¥237.605 million, increasing the burden of preparing for repairs and other measures related to product defects. - FY2021-Q3WorsenedAnnual report
「Provision for product warranties 186,650 241,085」
The product warranty provision increased from ¥186.650 million at the end of the previous consolidated fiscal year to ¥241.085 million at the end of the third quarter, increasing the burden associated with product warranty claims. - FY2021-Q2Continued increase in provision for product warrantiesAnnual report
「¥20 million increase in provision for product warranties」
The provision for product warranties increased by ¥20 million during the cumulative second-quarter period of the current fiscal year, rising from ¥186,650 thousand at the end of the previous fiscal year to ¥207,085 thousand. - FY2021-Q1Increase in Provision for Product WarrantiesAnnual report
「Provision for product warranties 186,650 199,262」
The provision for product warranties increased from ¥186,650 thousand at the end of the previous consolidated fiscal year to ¥199,262 thousand at the end of the first quarter of the current fiscal year. - FY2020MaterialisedAnnual report
「During the current fiscal year, expenditures for repairs and other responses expected to arise after product launch became foreseeable. Accordingly, we estimated the amount of these costs individually and recorded a provision for product warranties.」
In connection with the risk of being unable to secure expected profit margins due to product defects and other issues, post-launch repair costs were expected, and a provision for product warranties of ¥186.650 million was recorded. - FY2019ReframedAnnual report
「Profit margins on products and services supplied by our Group vary from order to order. Accordingly, our Group's quarterly profit margins may fluctuate depending on the composition of individual orders. In addition, because we sell in a wide range of countries, regions and customer markets, differences in the interpretation or application of regulations and standards specific to those markets could affect our Group's performance. Furthermore, as we accumulate new technologies and know-how beyond the scope of our existing technologies, our Group's performance could be affected if we are unable to absorb the research and development expenses and other costs incurred, or if costs exceed expectations due to overruns in design or manufacturing hours.」
It presents together the risks of fluctuations in profit margins on individual orders, differences in regulations across countries and regions, and failure to recover R&D expenses or overruns in design and manufacturing hours associated with accumulating new technologies and know-how. - FY2018ReframedAnnual report
「In transactions involving the solar PV manufacturing equipment supplied by our Group, profit margins vary from order to order. Accordingly, our Group's quarterly profit margins may fluctuate depending on the composition of individual orders. In addition, because we sell in a wide range of countries, regions and customer markets, differences in the interpretation or application of regulations and standards specific to those markets could affect our Group's performance.」
In addition to the risk of fluctuations in profit margins on individual orders, it adds the potential impact on performance of differences in the interpretation and application of regulations and standards across countries, regions and customers. - FY2017RestatedAnnual report
「In transactions involving the solar PV manufacturing equipment supplied by our Group, profit margins vary from order to order. Accordingly, our Group's quarterly profit margins may fluctuate depending on the composition of individual orders.」
It reiterates the risk of fluctuations in quarterly profit margins due to differences in profit margins by order. - FY2016First statedAnnual report
「In transactions involving the solar PV manufacturing equipment supplied by our Group, profit margins vary from order to order. Accordingly, our Group's quarterly profit margins may fluctuate depending on the composition of individual orders.」
It states that quarterly profit margins may fluctuate because profit margins vary by order.