yes I am expecting a write down on kitchen appliances.
but this is baked already into the price.
Casio division is trading with management expectations
therefore divide total inventory into consumer and appliances. only appliances are at risk of a write down
next with Casio still doing fine and being the largest division, consumer will carry appliances over this difficult time.
without significant company debt I am very confident in this position long term
yes I am expecting a write down on kitchen appliances. but this...
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