Temporary Inventory Build-Up in Preparation for the Spread of COVID-19
First written in FY2020. 2 of 5 entries say "Restated". Latest entry: FY2022-Q3.
115 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「This was mainly due to the net effect of increases in cash and deposits, notes and accounts receivable, and a decrease in inventories.」
Inventories increased in the previous fiscal year in preparation for the spread of infectious diseases had also declined from the end of the previous consolidated fiscal year by the end of the third quarter. - FY2022-Q2RestatedAnnual report
「Total assets at the end of the six-month consolidated accounting period increased by ¥1,288 million from the end of the previous consolidated fiscal year to ¥105,553 million. This mainly reflected the net effect of increases in cash and deposits, notes and accounts receivable, other receivables and other current assets and a decrease in inventories.」
Regarding inventories increased in the previous fiscal year in preparation for the spread of infectious diseases, inventories had also declined from the end of the previous consolidated fiscal year by the end of the second quarter. - FY2022-Q1Inventory decline continuesAnnual report
「This was mainly due to the net effect of increases in cash and deposits, notes and accounts receivable, and decreases in inventories and other current assets.」
Inventories temporarily increased in the previous fiscal year in preparation for the spread of infectious diseases remained a factor behind the decline in the first quarter. - FY2021-Q1Declined after a temporary inventory buildupAnnual report
「Total assets at the end of the three-month consolidated accounting period decreased by ¥265 million from the end of the previous consolidated fiscal year to ¥94,243 million. This mainly reflected the net effect of an increase in notes and accounts receivable and decreases in cash and deposits and inventories.」
Inventories that had been temporarily increased in the previous fiscal year in preparation for the spread of COVID-19 had declined from the end of the previous fiscal year by the end of the first quarter. - FY2020First statedAnnual report
「Current assets increased by ¥11,436 million from the end of the previous consolidated fiscal year, mainly because cash and deposits increased by ¥3,835 million and inventories increased by ¥7,434 million. The increase in inventories was temporary, made in preparation for the spread of COVID-19 in order to meet the responsibility of supplying customers.」
The company explained that it had temporarily increased inventories in preparation for the spread of infectious diseases in order to meet its responsibility to supply customers.