Recognition of Product Compensation Costs
First written in FY2020-Q3. 1 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 6 of 30 companies on the "Worse" side.
18 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Provision for product warranties - 10,000」
The provision for product warranties decreased from ¥10 million in the previous fiscal year to ¥9.573 million. A provision continues to be made for product warranty risk. - FY2024Recognition of a Product Warranty ProvisionAnnual report
「Provision for product warranties - 10,000」
A ¥10 million provision for product warranties was recorded at the end of the fiscal year under review to cover the cost of free product repairs. - FY2020RestatedAnnual report
「As the Company recorded ¥33 million in product compensation costs as an extraordinary loss, among other factors, net loss attributable to owners of the parent was ¥114 million (net income attributable to owners of the parent of ¥130 million in the previous fiscal year).」
It was confirmed that the product compensation costs disclosed in the third quarter were also recorded for the full year as an extraordinary loss of ¥33 million. - FY2020-Q3First statedAnnual report
「As the Company recorded ¥33 million in product compensation costs as an extraordinary loss, among other factors, net loss attributable to owners of the parent was ¥195 million (net loss attributable to owners of the parent of ¥38 million in the same period of the previous year).」
During the nine-month period under review, the Company recorded ¥33 million in product compensation costs as an extraordinary loss.