Provision for losses on contracts expected to incur losses
First written in FY2020-Q2. 2 of 6 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2021-Q3.
57 other companies' latest entry also says "Mitigated".
- FY2021-Q3MitigatedAnnual report
「Work in process ¥126 million ¥0 million」
The provision for contract losses related to work in process for customer contracts expected to incur losses fell from ¥126 million at the end of the previous consolidated fiscal year to zero at the end of the third quarter of the current fiscal year. - FY2021-Q2MitigatedAnnual report
「Work in process ¥126 million ¥123 million」
The provision for contract losses related to work in process for customer contracts expected to incur losses decreased from ¥126 million at the end of the previous fiscal year to ¥123 million. - FY2021-Q1Slight increase in the provision for contract lossesAnnual report
「Inventories related to customer contracts expected to incur losses and provisions for contract losses are presented on a net basis. The amounts of provisions for contract losses corresponding to inventories presented on a net basis are as follows: Work in process ¥126 million ¥129 million」
The provision for contract losses related to work in process for customer contracts expected to incur losses increased slightly from ¥126 million at the end of the previous fiscal year to ¥129 million. - FY2020A provision for contract losses of ¥126 million was recorded for the full fiscal year.Annual report
「Inventories related to customer contracts expected to incur losses and provisions for contract losses are presented on a net basis. The amounts of provisions for contract losses corresponding to inventories presented on a net basis are as follows: Work in process ¥0 million ¥126 million」
Compared with zero at the end of the previous fiscal year, a ¥126 million provision for contract losses related to work in process for customer contracts expected to incur losses remained at the end of the full fiscal year. - FY2020-Q3WorsenedAnnual report
「Inventories related to customer contracts expected to incur losses and provisions for contract losses are presented on a net basis. The amounts of provisions for contract losses corresponding to inventories presented on a net basis are as follows: Work in process ¥0 million ¥430 million」
The provision for contract losses related to work in process for customer contracts expected to incur losses was ¥430 million, up from zero at the end of the previous consolidated fiscal year and ¥250 million reported in the previous quarterly report. - FY2020-Q2First statedAnnual report
「Inventories related to customer contracts expected to incur losses and provisions for contract losses are presented on a net basis. The amounts of provisions for contract losses corresponding to inventories presented on a net basis are as follows: Work in process ¥0 million ¥250 million」
At the end of the second quarter of the current consolidated fiscal year, ¥250 million of work in process related to customer contracts expected to incur losses was presented net against the provision for contract losses.