Recognition of a Product Warranty Provision
First written in FY2026-H1. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 6 of 30 companies on the "Worse" side.
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- FY2026Annual provision updatedAnnual report
「To cover expenditures for product after-sales service, the Company has recognized the total of estimated costs during the warranty period calculated based on historical results in accordance with the free warranty provisions of the contract and separately calculated estimates of certain special free repair costs.」
The product warranty provision was ¥58,365 thousand at the end of FY2026, and the Company also disclosed its provision for free warranty and after-sales service costs in the annual financial statements. - FY2026-H1First statedAnnual report
「As of the end of the current interim consolidated accounting period, the Company has recognized a product warranty provision to cover expected after-sales service costs. The provision comprises the estimated costs during the warranty period calculated based on historical results in accordance with the free warranty provisions of the contract, together with separately calculated estimates of certain special free repair costs.」
The Company recorded a product warranty provision of ¥86,430 thousand at the end of the interim period to cover free warranty and after-sales service costs.