Application of the Accounting Standard for Disclosure of Accounting Estimates
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2026.
This thread is not in a theme yet. When the same subject shows up in other companies' filings, you can compare them here.
- FY2026RestatedAnnual report
「If market conditions deteriorate and net realizable value falls significantly, or if inventories held beyond a specified period outside the normal operating cycle increase, losses may arise and materially affect the consolidated financial statements for the following consolidated fiscal year.」
Inventory valuation continued to be disclosed as a material accounting estimate, and the possibility of future losses from deteriorating market conditions and long-outstanding inventory was reiterated. - FY2021First statedAnnual report
「The Accounting Standard for Disclosure of Accounting Estimates (Accounting Standards Board of Japan Accounting Standard No. 31, 31 March 2020) was adopted for the consolidated financial statements for the year-end of the current consolidated fiscal year, and notes on material accounting estimates were included in the consolidated financial statements.」
The Accounting Standard for Disclosure of Accounting Estimates was adopted for the consolidated financial statements for the current year-end, and material estimates, including inventory valuation, were disclosed in the notes.