Komori
Grandy House (8999) · RiskRestated

Reduction in Building Materials Sales Profit Due to Uncollectible Receivables

First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.

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ProgressHeldSoftenedWorseMaterialisedFY2020-Q1RestatedFY2020-Q2 – FY20202019: 220192020: 22020
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  1. FY2020RestatedAnnual report

    「Profit declined due to higher personnel expenses associated with staff increases since the end of the previous fiscal year, as well as the occurrence of uncollectible receivables.」

    The occurrence of uncollectible receivables continued to be identified, together with higher personnel expenses, as a factor in the decline in building-material sales profit.
  2. FY2020-Q3RestatedAnnual report

    「Although the gross profit margin improved, profit declined due to higher personnel expenses associated with staff increases since the end of the previous fiscal year, as well as the occurrence of uncollectible receivables.」

    The occurrence of uncollectible receivables continued to be identified, together with higher personnel expenses, as a factor in the decline in building-material sales profit.
  3. FY2020-Q2RestatedAnnual report

    「Although the gross profit margin improved, profit declined due to higher personnel expenses associated with staff increases since the end of the previous fiscal year, as well as the occurrence of uncollectible receivables.」

    The occurrence of uncollectible receivables continued to be identified as a factor in the decline in building-material sales profit. Although the gross profit margin improved, segment profit fell 37.9% year on year because the increase in personnel expenses and uncollectible receivables could not be absorbed.
  4. FY2020-Q1MaterialisedAnnual report

    「Profit declined due to higher personnel expenses associated with staff increases since the fourth quarter of the previous fiscal year, as well as the occurrence of uncollectible receivables.」

    Uncollectible receivables arose in building-material sales and, together with higher personnel expenses, became a factor in the decline in profit.
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