Recognition of a Provision for Product Warranties Following a Core System Update
First written in FY2024. . Latest entry: FY2026.
The whole theme swung hardest in 2026: 9 of 46 companies on the "Worse" side.
25 other companies' latest entry also says "Other".
- FY2026Increase in product warranty provision balanceAnnual report
「Provision for product warranties 17,495 19,504」
The balance of the provision for product warranties recognized following the core system upgrade increased from ¥17.495 million at the end of the previous fiscal year to ¥19.504 million. - FY2025Decrease in provision for product warranties balanceAnnual report
「Provision for product warranties 34,780 17,495」
The balance of the provision for product warranties recognized following the core system upgrade decreased from ¥34.780 million at the end of the previous fiscal year to ¥17.495 million. - FY2025-H1Decrease in provision for product warranties balanceAnnual report
「Provision for product warranties 34,780 26,459」
The balance of the provision for product warranties decreased from ¥34.780 million at the end of the previous fiscal year to ¥26.459 million. A ¥8.320 million decrease was also reported in cash flows for the interim period. - FY2024First statedAnnual report
「In connection with the upgrade of its core system, the Company accumulated the data necessary to identify future free repair costs for products sold and established methods for collecting and maintaining the data. As a reasonable estimate became possible at the end of the fiscal year, the Company began recognizing a provision for product warranties from the end of the fiscal year. As a result, compared with the previous method, gross profit, operating profit, ordinary profit and profit before income taxes for the fiscal year each decreased by ¥34.780 million.」
A new ¥34.780 million provision for product warranties was recognized following the core system upgrade and the establishment of methods for accumulating and collecting warranty cost data.