Increase in Vehicle Repair Costs Due to ETC 2.0 Compliance
First written in FY2017-Q2. 13 of 14 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2019: 1 of 11 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the previously disclosed risks, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the previously disclosed risks, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes to the previously disclosed risks, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the business and other risks, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes to the business and other risks, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the business and other risks, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. quantified is false and materialized is false. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the business and other risks, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the business and other risks, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the risks disclosed in the previous fiscal year, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes to the risks disclosed in the previous fiscal year, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the risks disclosed in the previous fiscal year, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material changes to the risks disclosed in the previous fiscal year, including the increase in vehicle repair expenses associated with ETC 2.0 compliance. - FY2017-Q3RestatedAnnual report
「Due to higher vehicle repair expenses to support ETC 2.0, among other factors, operating profit was ¥101 million, a decrease of ¥120 million (△54.2%) from the same quarter of the previous year,」
The increase in vehicle repair expenses associated with ETC 2.0 compliance continued to appear in actual results as a factor behind the decline in operating profit. - FY2017-Q2MaterialisedAnnual report
「Due to higher vehicle repair expenses to support ETC 2.0, among other factors,」
The increase in vehicle repair expenses associated with ETC 2.0 compliance, together with higher depreciation expenses related to the vehicle replacement plan, was actually cited as a factor behind the decline in profit.