Recognition of inventory valuation losses following a review of inventory holding periods
First written in FY2024. 2 of 3 entries say "Mitigated", first in FY2025. Latest entry: FY2026.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The ending inventory balance is stated after being written down to reflect the decline in profitability, and the following inventory valuation losses are included in cost of sales.」
Inventory valuation losses decreased from ¥46.704 million in the previous fiscal year to ¥32.709 million in the current fiscal year, reducing the amount of valuation losses recognized. - FY2025MitigatedAnnual report
「The ending inventory balance is stated after being written down to reflect the decline in profitability, and the following inventory valuation losses are included in cost of sales.」
Inventory valuation losses decreased from ¥489.392 million in the previous fiscal year to ¥46.704 million, reducing the amount of valuation losses recognized. - FY2024First statedAnnual report
「As a result of this change in estimate, compared with the previous method, cost of sales for the current consolidated fiscal year increased by ¥486.303 million, while operating loss, ordinary loss and net loss before income taxes increased by the same amount.」
The company revised its estimates of holding periods and other factors based on changes in the demand environment, inventory holding conditions and sales performance, increasing cost of sales by ¥486.303 million. Inventory valuation losses of ¥489.392 million are disclosed in the income statement.