Notice Regarding the Recognition of an Inventory Write-Down and Non-Operating Expenses
The Company (inventory) and the Group (interest expense)
Inventory held by the Company. All of it is scheduled to be incorporated into products shipped from the second quarter onward.
The carrying value of the inventory was reduced in accordance with the Company's accounting estimation policies. The interest expense arose from borrowings and other financing arrangements with domestic banks and domestic corporations.
Inventory valuation loss (cost of sales): ¥71.368 million; interest expense (non-operating expenses): ¥2.964 million
The first quarter of the current consolidated fiscal year (1 January 2026 to 31 March 2026)
Please refer to the "Consolidated Financial Results for the First Quarter of the Fiscal Year Ending December 2026 under Japanese GAAP" announced today. Specific details regarding whether the earnings forecast has been revised and the amount of any impact have not been disclosed.
All of the inventory is scheduled to be incorporated into products shipped from the second quarter onward.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recognition of an Inventory Write-Down and Non-Operating Expenses |
| Date of occurrence | The first quarter of the current consolidated fiscal year (1 January 2026 to 31 March 2026) |
| Subject Entity | The Company (inventory) and the Group (interest expense) |
| Target Locations / Products | Inventory held by the Company. All of it is scheduled to be incorporated into products shipped from the second quarter onward. |
| Cause | The carrying value of the inventory was reduced in accordance with the Company's accounting estimation policies. The interest expense arose from borrowings and other financing arrangements with domestic banks and domestic corporations. |
| Amount of Impact on Business Performance | Inventory valuation loss (cost of sales): ¥71.368 million; interest expense (non-operating expenses): ¥2.964 million |
| Accounting period in which recognized | The first quarter of the current consolidated fiscal year (1 January 2026 to 31 March 2026) |
| Impact on Earnings Forecast | Please refer to the "Consolidated Financial Results for the First Quarter of the Fiscal Year Ending December 2026 under Japanese GAAP" announced today. Specific details regarding whether the earnings forecast has been revised and the amount of any impact have not been disclosed. |
| Outlook | All of the inventory is scheduled to be incorporated into products shipped from the second quarter onward. |
Items this document does not state (16)
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.The carrying value of the inventories was reduced in accordance with the Company's accounting estimation policies. The interest expense arose from borrowings and other financing arrangements with domestic banks and domestic corporations.