Recognition of inventories and liabilities related to transactions involving paid supply
First written in FY2023-Q2. 1 of 2 entries say "Restated". Latest entry: FY2023-Q3.
11 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「For transactions involving paid supply that qualify as repurchase agreements, the Company recognises as inventory the supplied items remaining with the recipient and recognises a “liability related to transactions involving paid supply” in an amount equivalent to the inventory of supplied items remaining with the recipient, effective from the end of the previous consolidated fiscal year.」
The Company continues to apply the accounting treatment under which, for transactions involving paid supply that qualify as repurchase agreements, supplied items remaining with the recipient and the corresponding liability are recognised. - FY2023-Q2First statedAnnual report
「For transactions involving paid supply that qualify as repurchase agreements, the Company recognises as inventory the supplied items remaining with the recipient and recognises a “liability related to transactions involving paid supply” in an amount equivalent to the inventory of supplied items remaining with the recipient, effective from the end of the previous consolidated fiscal year.」
The Company disclosed an accounting treatment under which, for transactions involving paid supply that qualify as repurchase agreements, supplied items remaining with the recipient are recognised as inventory and the corresponding liability is also recognised.