North American Subsidiary’s Product Review and Inventory Disposal
First written in FY2020-Q2. 2 of 3 entries say "Restated". Latest entry: FY2020.
0 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「¥60 million loss on inventory disposal related to a review of products handled by the North American subsidiary」
The company continued reviewing products handled by its North American subsidiary and recognized a ¥60 million loss on inventory disposal. - FY2020-Q3RestatedAnnual report
「The company recorded ¥144 million in subsidy income related to domestic capital investment as non-operating income, and a ¥71 million loss on closure of the Fujisawa Distribution Center and a ¥60 million loss on inventory disposal related to a review of products handled by its North American subsidiary, among other items, as non-operating expenses. Ordinary profit was ¥1,011 million, up 49.8% year on year.」
The review of products handled by the North American subsidiary continued, and the company recognized a ¥60 million loss on inventory disposal. - FY2020-Q2First statedAnnual report
「The company recognized a ¥74 million loss on inventory disposal related to a review of products handled by its North American subsidiary and a ¥71 million loss on closure of the Fujisawa Distribution Center, among other items, as non-operating expenses, although ordinary profit ...」
The company disclosed for the first time that its North American subsidiary reviewed the products it handles and recognized a ¥74 million loss on inventory disposal as a result.