Investment in Core System Upgrades
First written in FY2018. 5 of 8 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.
83 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Software Increase Gear and Gear Equipment Business GEAR MILL ¥36.000 million」
Following the renewal of its core system, the Company continued investing in design and information processing-related software, including GEAR MILL. Software additions during the current fiscal year totaled ¥65.305 million. - FY2025AdvancedAnnual report
「Software Increase Corporate-wide (common) CAD software ¥17.600 million」「Software in progress Increase Gear and Gear Equipment Business GEAR MILL ¥39.600 million」
Following the renewal of its core system, the Company continued investing in information processing and design-related software, including CAD software and GEAR MILL. - FY2024AdvancedAnnual report
「Software Increase Corporate-wide (common) Core system ¥192.988 million」
Following its investment in the core system, the Company made further software investments during the current fiscal year, including ¥15.803 million in the FULLWEB-PDM system. - FY2019AdvancedAnnual report
「Software Increase Corporate-wide (common) Core system ¥192.988 million」「In connection with the change to the core system, the Company changed the method in each case to cost using the monthly weighted-average method from the current fiscal year.」
The Company recorded ¥192.988 million in software investment in the core system and implemented the change in the inventory valuation method associated with the system change from the current fiscal year. - FY2019-Q3RestatedAnnual report
「Previously, inventories other than raw materials were valued at cost using the monthly moving-average method, with balance sheet amounts calculated by writing down the carrying amount based on declines in profitability. In connection with the change to the core system, from the first quarter accounting period, the Company changed the valuation method in each case to cost using the monthly weighted-average method, with balance sheet amounts calculated by writing down the carrying amount based on declines in profitability. The change in accounting policy has not been applied retrospectively because its impact on prior periods was immaterial. The impact of this change on profit or loss for the cumulative third-quarter period was also immaterial.」
The Company continues to disclose that it changed the inventory valuation method from the first quarter accounting period in connection with the change to the core system. The impact of this change on profit or loss for the cumulative third-quarter period was immaterial. - FY2019-Q2RestatedAnnual report
「Previously, inventories other than raw materials were valued at cost using the monthly moving-average method, with balance sheet amounts calculated by writing down the carrying amount based on declines in profitability. In connection with the change to the core system, from the first quarter accounting period, the Company changed the valuation method in each case to cost using the monthly weighted-average method, with balance sheet amounts calculated by writing down the carrying amount based on declines in profitability.」
The Company continues to disclose that it changed the inventory valuation method from the first quarter accounting period in connection with the change to the core system. The impact of this change on profit or loss for the cumulative second-quarter period was immaterial. - FY2019-Q1AdvancedAnnual report
「Previously, inventories other than raw materials were valued at cost using the monthly moving-average method, with balance sheet amounts calculated by writing down the carrying amount based on declines in profitability. In connection with the change to the core system, from the first quarter accounting period, the Company changed the valuation method in each case to cost using the monthly weighted-average method, with balance sheet amounts calculated by writing down the carrying amount based on declines in profitability.」
The core system was changed, and accordingly the inventory valuation method was also changed from the first quarter accounting period. - FY2018First statedAnnual report
「Software in progress (core system) ¥162.120 million」
The Company recorded ¥162.120 million in software in progress relating to its core system and is advancing investment in information processing.