Maintaining Appropriate Inventory Levels
First written in FY2021-Q1. 4 of 18 entries say "Advanced", first in FY2021. Latest entry: 2026-08-04.
The whole theme swung hardest in 2026: 7 of 56 companies on the "Worse" side.
40 other companies' latest entry also says "Advanced".
- 2026-08-04AdvancedEarnings presentation
「Full-scale implementation of the capital cap system began (linking capital management sensitivity to personnel evaluations).」
The Company began a working capital management initiative that links capital management to personnel evaluations, in addition to optimizing inventories. - FY2026Record increase in inventory turnover daysAnnual report
「In addition, trade receivable days were 47.4 days, up 2.3 days year on year, while inventory days were 93.8 days, up 8.6 days year on year. Both were judged to be within the normal range.」
Inventory days increased from 85.3 days to 93.8 days, while trade receivable days increased from 45.1 days to 47.4 days, but the company judged both to be within the normal range. - FY2026-H1RestatedAnnual report
「Inventories and trade receivables have increased from the end of the previous consolidated fiscal year, but the total increase from the end of the previous interim consolidated accounting period was limited to ¥3,693 million, which is considered to be within the normal range.」
Inventories and trade receivables increased by ¥3,693 million from the end of the same period of the previous year, but the company judged this to be within the normal range. - FY2025AdvancedAnnual report
「Trade receivable days were 45.1 days, down 3.9 days year on year, while inventory days were 85.3 days, down 2.4 days year on year. Both were judged to be within the normal range.」
Both trade receivable days and inventory days decreased from the previous period, and the company judged that inventory and working capital efficiency had improved. - FY2025-H1AdvancedAnnual report
「The Seafood Trading unit increased earnings by procuring and selling efficiently and implementing rigorous management of appropriate inventory levels, although sales were broadly unchanged from the previous year.」
Through rigorous management of appropriate inventory levels, trade receivables and inventories decreased by a total of ¥9,194 million from the end of the same period of the previous year. The company judged this to be within the normal range. - FY2024-Q3Year-on-year decrease in trade receivables and inventoriesAnnual report
「Trade receivables and inventories have increased from the end of the previous consolidated fiscal year, but decreased by a total of ¥12,351 million from the end of the third quarter of the previous consolidated fiscal year, and are considered to be within the normal range.」
Trade receivables and inventories increased from the previous period-end, but decreased by a total of ¥12,351 million from the end of the same period of the previous year, and were judged to be within the normal range. - FY2024-Q2Update on the increase in trade receivables and inventoriesAnnual report
「Trade receivables and inventories have increased from the end of the previous consolidated fiscal year, but the total increase from the end of the second quarter of the previous consolidated fiscal year was limited to ¥5,883 million, which is considered to be within the normal range.」
Trade receivables and inventories increased by a total of ¥5,883 million from the end of the same quarter of the previous year, but the company judged this to be within the normal range. - FY2024-Q1Update to increases in inventories and accounts receivableAnnual report
「Trade receivables and inventories have increased from the end of the previous consolidated fiscal year and, in total, increased by ¥41,806 million from the end of the first quarter of the previous consolidated fiscal year. However, this was due to higher trade receivables resulting from solid sales, procurement of necessary inventories, sustained high prices across all fish species, and the impact of yen depreciation on foreign-currency translation, and is considered to be within the normal range.」
Trade receivables and inventories increased by a total of ¥41,806 million from the end of the same period of the previous year, but this was attributed to solid sales, procurement of necessary inventories, high fish prices and the impact of yen depreciation on translation, and was judged to be within the normal range. - FY2023Full-year update on inventory daysAnnual report
「Trade receivable days were 47.1 days, down 1.5 days year on year, while inventory days were 89.4 days, up 4.9 days year on year. Both were judged to be within the normal range.」
The increase in trade receivables and inventories was attributed to strong sales, procurement of necessary inventories, higher fish prices and the impact of yen depreciation on translation, while the turnover days were judged to be within the normal range. - FY2023-Q3Update to increases in inventories and accounts receivableAnnual report
「Trade receivables and inventories have increased from the end of the previous consolidated fiscal year and, in total, increased by ¥87,491 million from the end of the third quarter of the previous consolidated fiscal year. However, this was due to higher trade receivables resulting from strong sales, procurement of necessary inventories, higher unit prices across all fish species, and the impact of yen depreciation on foreign-currency translation, and is considered to be within the normal range.」
Trade receivables and inventories increased by a total of ¥87,491 million from the end of the same period of the previous year, but this was attributed to strong sales, procurement of necessary inventories, higher fish prices and the impact of yen depreciation on translation, and was judged to be within the normal range. - FY2023-Q2Update to increases in inventories and accounts receivableAnnual report
「Accounts receivable and inventories increased from the end of the previous consolidated fiscal year and by a combined ¥85,085 million from the end of the second quarter of the previous consolidated fiscal year. However, these increases were due to higher accounts receivable resulting from strong sales, the securing of necessary inventory, higher unit prices across all fish species, and the impact of the weaker yen on foreign-currency translation, and we consider them to be within the normal range.」
Accounts receivable and inventories increased by a combined ¥85,085 million from the end of the same quarter of the previous year, but the company determined that the increase, due to strong sales, necessary inventory procurement, higher unit prices and foreign-currency translation effects from the weaker yen, was within the normal range. - FY2023-Q1Update to increases in inventories and accounts receivableAnnual report
「Accounts receivable and inventories increased from the end of the previous consolidated fiscal year and by a combined ¥51,611 million from the end of the first quarter of the previous consolidated fiscal year. However, these increases were due to higher accounts receivable resulting from strong sales, the securing of necessary inventory, higher unit prices across all fish species, and the impact of the weaker yen on foreign-currency translation, and we consider them to be within the normal range.」
Accounts receivable and inventories increased by a combined ¥51,611 million from the end of the same period of the previous year, but the company determined that the increase, due to strong sales, necessary inventory procurement and higher unit prices, was within the normal range. - FY2022Update to inventory turnover daysAnnual report
「Accounts receivable turnover was 48.6 days, up 2.3 days year on year, and inventory turnover was 84.5 days, up 2.9 days year on year. We have determined that accounts receivable and inventory levels are within the normal range.」
The increases in accounts receivable and inventories and the turnover days were updated, and the company continues to determine that they are within the normal range. - FY2022-Q3RestatedAnnual report
「Although accounts receivable and inventories increased from the end of the previous consolidated fiscal year, they increased by only ¥15,348 million in total from the end of the third quarter of the previous consolidated fiscal year, and we consider them to be within the normal range.」
Accounts receivable and inventories increased by a combined ¥15,348 million from the end of the same quarter of the previous year, but the company determined that they remained within the normal range. - FY2022-Q2RestatedAnnual report
「Although accounts receivable and inventories increased from the end of the previous consolidated fiscal year, they increased by only ¥9,338 million in total from the end of the second quarter of the previous consolidated fiscal year, and we consider them to be within the normal range.」
Accounts receivable and inventories increased by a combined ¥9,338 million from the end of the same quarter of the previous year, but the company determined that they remained within the normal range. - FY2022-Q1RestatedAnnual report
「Although accounts receivable and inventories increased from the end of the previous consolidated fiscal year, they decreased by a combined ¥2,181 million from the end of the first quarter of the previous consolidated fiscal year, and we consider them to be within the normal range.」
Accounts receivable and inventories increased from the fiscal year-end, but decreased by a combined ¥2,181 million year on year, which the company determined to be within the normal range. - FY2021AdvancedAnnual report
「Accounts receivable turnover was 43.4 days and inventory turnover was 76.4 days, and we have determined that accounts receivable and inventory levels are within the normal range.」
Regarding the maintenance of appropriate inventory levels, inventories stood at ¥156,142 million, with inventory turnover of 76.4 days, which the company determined to be within the normal range. - FY2021-Q1First statedAnnual report
「However, as sales have declined due to the impact of COVID-19 and other factors, we will work to maintain appropriate inventory levels.」
In light of the decline in sales and the increase in inventories, a policy of maintaining appropriate inventory levels was identified for the first time.