Change in inventory valuation method from the first-in, first-out method to the weighted-average method
First written in FY2017-Q2. 7 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 1 of 7 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Merchandise FIFO Products, raw materials and work in process Weighted-average method」
The company continues to use the weighted-average method to value products, raw materials and work in process. - FY2023RestatedAnnual report
「Merchandise FIFO Products, raw materials and work in process Weighted-average method」
The company continues to use the weighted-average method to value products, raw materials and work in process. - FY2022RestatedAnnual report
「Merchandise FIFO Products, raw materials and work in process Weighted-average method」
The company continues to use the weighted-average method to value products, raw materials and work in process. - FY2021RestatedAnnual report
「Merchandise: FIFO; products, raw materials and work in process: weighted-average method」
The inventory valuation method using the weighted-average method for products, raw materials and work in process continues. - FY2018RestatedAnnual report
「Merchandise FIFO Products, raw materials and work in process Weighted-average method」
The inventory valuation method using the weighted-average method for products, raw materials and work in process continues. - FY2017RestatedAnnual report
「The company had previously used the FIFO method to value the cost of materials for products, the cost of materials for work in process and raw materials, but changed each of these to the weighted-average method from the current consolidated fiscal year.」
The accounting policy of changing the valuation method for products, raw materials and work in process from FIFO to the weighted-average method is confirmed as the accounting policy for the full fiscal year. - FY2017-Q3RestatedAnnual report
「The company had previously used the FIFO method to value the cost of materials for products, the cost of materials for work in process and raw materials, but changed each of these to the weighted-average method from the first quarter of the current consolidated fiscal year.」
The accounting policy of changing the inventory valuation method from FIFO to the weighted-average method continues to be disclosed in the notes to the quarterly consolidated financial statements. - FY2017-Q2First statedAnnual report
「The company had previously used the FIFO method to value the cost of materials for products, the cost of materials for work in process and raw materials, but changed each of these to the weighted-average method from the first quarter of the current consolidated fiscal year.」
The inventory valuation method was changed to level out the effects of fluctuations in purchase prices and achieve a more appropriate calculation of profit or loss by accounting period.