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Latest Update : Mar.2, 2017
Back to Financial Results (FY3/2017)
Investor Conference Call for 3Q FY 3/2017 held on February 13, 2017
The primary factor for these losses was the strict inventory evaluation MITSUMI conducted ahead of the business integration, which resulted in approximately 12.3 billion yen in inventory write-downs at the end of the December quarter. Impairments of its fixed assets resulted in losses totaling about 18.7 billion yen. Once these losses are recognized, we can expect a reduction of 3 billion yen or more in depreciation and amortization expenses next fiscal year.
18page (total 27pages)
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