Kvk (6484) · PolicyRestated
Change to estimated recognition of product warranty provisions
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2025.
3entries
5years
0from disclosures
How it moved
Same theme, other companies
Recording of a Provision for Product WarrantiesA theme 91 companies write about · 83 as a headwind · 1 as a tailwind
13 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 91 companies compared. The sentences above are computed from all 91.Full recordFilings, disclosures and news, newest first
- FY2025RestatedAnnual report
「The Group records an estimated amount for free repairs based on past results to prepare for the payment of free repair costs for its products.」
The Company continues to recognise a provision for product warranties based on past results. - FY2022RestatedAnnual report
「To prepare for payment of free repair costs for products, the company recognizes the estimated amount of free repairs based on past results.」
The company continues its policy of recognizing estimated free repair costs based on past results as a product warranty provision. - FY2021First statedAnnual report
「Previously, costs for free repairs of products and other items were recognized as expenses when incurred. From the current consolidated fiscal year, the company has changed to a method of recognizing an estimated amount calculated based on past results and other factors as a product warranty provision.」
The accounting treatment for free repair costs has changed from recognizing expenses when incurred to recognizing an estimated product warranty provision based on past results. Operating profit and other figures for the current period decreased by ¥146 million.