Review of Sales Plan for Laser Eyewear Products and Loss on Inventory Valuation
First written in FY2025-H1. 1 of 4 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2018: 11 of 37 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2026New product rollout following the voluntary recall confirmedAnnual report
「Product recalls and software modifications have been completed, and the product has now made a fresh start as MEOCHECK NEO.」
Following the voluntary product recall and software modifications, we began rolling out the new product as MEOCHECK NEO. - FY2026-H1Impact of the voluntary product recall on sales confirmedAnnual report
「Revenue from the retinal projection products business fell 98.5% from the same period of the previous year, mainly because no revenue was recognized from the self-check service due to the impact of the voluntary product recall described above and other factors.」
Because of the voluntary recall of MEOCHECK and other products, no revenue was recognized from the self-check service, and revenue from the retinal projection products business declined substantially. - FY2025MitigatedAnnual report
「As a result, gross profit for the fiscal year was ¥443.855 million, an increase of ¥124.774 million year on year, and the gross profit margin was 33.9%, compared with 25.6% in the previous fiscal year. The increase in the margin was mainly due to a decrease in inventory write-downs.」
Inventory write-downs, which were substantial in the previous fiscal year, decreased, improving the gross profit margin from 25.6% to 33.9%. - FY2025-H1First statedAnnual report
「In light of the fact that the recent sales activities for laser eyewear products have not produced the effects initially expected, we reviewed the sales plan and decided during the current interim accounting period to change the net realizable quantity of inventory in order to more appropriately reflect the decline in inventory profitability in our financial condition and operating results.」
We reviewed the sales plan for laser eyewear products and changed the net realizable quantity of inventory. As a result, gross profit, operating loss, ordinary loss and interim net loss before income taxes each increased by ¥54.331 million.