Komori
General Meetings of Shareholders6525KOKUSAI ELECTRIC CORPORATIONElectrical Equipment and Precision Instruments

Notice of Convocation of the 11th Annual General Meeting of Shareholders (Matters Omitted from the Delivered Document)

The items omitted from paper delivery among the business report and accounting documents attached to the notice of convocation of the Annual General Meeting of Shareholders are being provided electronically. The valuation method for regularly stocked inventory was also revised, reducing cost of sales for the current period by ¥1,837 million and increasing profit by the same amount.

Worth reading
—
Scored from 0 of 4 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1837
¥ million
Wording
Definitive
How definitive the wording is.

Resolutions for the General Meeting of Shareholders

Annual (11th fiscal year)
Shareholder Proposal

None stated (matters omitted from the delivered document)

A shareholder proposal is a resolution submitted by a shareholder, rather than by the company.
Resolutions for the General Meeting of Shareholders
ItemDetails
Type of shareholders' meetingAnnual (11th fiscal year)
Shareholder ProposalNone stated (matters omitted from the delivered document)
Items this document does not state (4)
Date and timeMatters for resolutionDirector nomineePercentage voting in favor

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

This document provides electronically the matters omitted from documents to be delivered. Regarding the inventory valuation method, supply chain disruptions and increased demand for materials lengthened lead times, while advance ordering increased inventory that had remained in stock for a certain period since the most recent receipt. As a result, it was found that the previous method resulted in write-downs even for inventory expected to be used in the future and did not appropriately reflect the actual condition of the business.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of Convocation of the 11th Annual General Meeting of Shareholders (Matters Omitted from the Delivered Document) | KOKUSAI ELECTRIC CORPORATION (6525) timely disclosure | Komori