Inventory Disposal Due to Manufacturing Equipment Malfunction at Konosu Research Institute
First written in FY2019. 3 of 3 entries say "Materialised", first in FY2019. Latest entry: FY2025.
Seed moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2021: 5 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Although the situation has now stabilized, machinery problems at existing production facilities that arose in the second quarter continued to affect operations from the third quarter through the beginning of the fourth quarter. As a result, production volumes, particularly for the Pure Series, struggled to grow and the company was unable to supply products as planned.」
Machinery problems at existing production facilities continued to affect operations from the second quarter through the beginning of the fourth quarter, resulting in stagnant Pure Series production and failure to supply products as planned. - FY2025-H1MaterialisedAnnual report
「Sales activities were restrained because production volumes struggled to grow after temporary machinery problems and other issues occurred in the manufacture of the “Pure Series” during the second quarter as production was being scaled up.」
Temporary machinery problems occurred in the manufacture of the Pure Series during the second quarter, resulting in stagnant production volumes and restrained sales activities. - FY2019MaterialisedAnnual report
「During the current consolidated fiscal year, a malfunction in some manufacturing equipment at the Konosu Research Institute, the Company's manufacturing plant, made it necessary to dispose of finished products, work-in-process inventory, supplies, and materials for domestic and overseas markets. The company recognized an inventory valuation loss of ¥46.804 million as an extraordinary loss.」
A malfunction in some manufacturing equipment at the Konosu Research Institute actually occurred, resulting in the disposal of inventory and other items for domestic and overseas markets and the recognition of a ¥46.804 million inventory valuation loss.