Contents of this filing
For the internal control reports submitted for the fiscal years ended March 2019 through March 2025, the company disclosed a material weakness relating to inventory unit cost calculations and amended the reports to state that internal controls were not effective. The company states that the weakness has been remediated through the implementation of measures to prevent recurrence.
この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。
| Item | Details |
|---|---|
| Changes this time | For the internal control reports submitted for the fiscal years ended March 2019 through March 2025, the company disclosed a material weakness relating to inventory unit cost calculations and amended the reports to state that internal controls were not effective. The company states that the weakness has been remediated through the implementation of measures to prevent recurrence. |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Data from the core system was not correctly updated and registered in Access tables, and the period covered by the query aggregation was also not updated correctly. As a result, inventory unit cost data and other information were not properly reflected, causing inventories to be understated. The underlying causes were an inadequate assessment of financial reporting risks and the failure to describe in sufficient detail and with appropriate specificity in the operating procedures and internal control documentation the procedures for calculating inventory unit costs and the items required to verify the calculation results. The issue was also overlooked during the internal control audit.