Review of inventory valuation following the launch of the new core system
First written in FY2018-Q2. 2 of 4 entries say "Restated". Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019DroppedAnnual reportThe review of inventory valuation following the launch of the new core system, described in the previous fiscal year, could not be confirmed as a performance factor in the current annual securities report.
- FY2018RestatedAnnual report
「The group's core company, HEIWADO CO.,LTD., posted higher revenue but lower ordinary profit, partly due to the leap-year effect in the previous year, the impact of the inventory valuation review, and an increase in the size-based enterprise tax.」
The impact of the inventory valuation review is also cited for the full fiscal year as one of the factors behind higher revenue but lower ordinary profit in the retail business. - FY2018-Q3RestatedAnnual report
「The group's core company, HEIWADO CO.,LTD., posted lower revenue and lower profit, partly due to the leap-year effect in the previous year, the closure of unprofitable stores, and a review of inventory valuation following the launch of the new core system.」
The company reiterates that the closure of unprofitable stores and the review of inventory valuation following the launch of the new core system were among the factors behind lower revenue and lower profit. - FY2018-Q2First statedAnnual report
「The group's core company, HEIWADO CO.,LTD., posted lower revenue and lower profit, partly due to the leap-year effect in the previous year, the closure of unprofitable stores, and a review of inventory valuation following the launch of the new core system.」
The review of inventory valuation following the launch of the new core system is cited as one of the factors behind lower revenue and lower profit in the retail business.