Inventory Write-Down in the U.S. Segment
First written in FY2017-Q2. 3 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2018: 10 of 38 companies on the "Worse" side.
41 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「No inventory valuation loss was recorded for the company's products and work in process in the consolidated fiscal year under review because there were no applicable items.」
No inventory valuation loss was recorded for products and work in process in the current fiscal year, although such losses had been recorded through the previous fiscal year. - FY2020-Q3MitigatedAnnual report
「Profit increased substantially compared with the same quarter of the previous year. Although directors' compensation increased following revisions made in the previous consolidated fiscal year, and provisions for product warranties and freight expenses increased in line with higher net sales, selling products that had been subject to inventory write-downs in prior fiscal years, including electric servo motor-type vibration testing machines, increased gross profit due to higher net sales, and the absence of directors' bonuses reduced selling, general and administrative expenses.」
The sale of electric servo motor-type vibration testing machines that had been subject to inventory write-downs in prior fiscal years improved the profit margin, with the impact of the write-down emerging as a factor supporting profit improvement. - FY2018-Q2DroppedAnnual report
「As a result, net sales decreased and ordinary loss increased compared with the same quarter of the previous year.」
In the explanation of the U.S. segment for the current quarter, there was no mention of the inventory write-down previously disclosed, and the decline in shipments was cited as the main factor. - FY2018-Q1RestatedAnnual report
「As a result of the inventory write-down, net sales were ¥188 million, down 48.3% year on year, and segment loss (ordinary loss) was ¥60 million, compared with segment profit of ¥7 million in the same period of the previous year.」
Continued inventory write-downs in the U.S. segment resulted in lower net sales and a segment loss. - FY2017RestatedAnnual report
「The company also recorded an inventory write-down.」
Continued inventory write-downs in the U.S. segment affected the full-year decline in net sales and ordinary loss. - FY2017-Q3RestatedAnnual report
「As a result of the inventory write-down, net sales were ¥790 million, down 33.9% year on year, and segment loss (ordinary loss) was ¥46 million, compared with segment profit of ¥60 million in the same period of the previous year.」
The company continued to record an inventory write-down in the U.S. segment. - FY2017-Q2First statedAnnual report
「The company also recorded an inventory write-down.」
The company recorded an inventory write-down in the U.S. segment.