Inventory Increase Due to Sluggish Product Sales
First written in FY2024. 2 of 5 entries say "Materialised", first in 2026-03-31. Latest entry: FY2026.
Muscat Group moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 13 of 37 companies on the "Worse" side.
16 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「This was mainly attributable to an increase of ¥669,390 thousand in merchandise, among other factors.」
The merchandise balance increased from ¥285,319 thousand at the end of the previous fiscal year to ¥954,710 thousand, while inventory valuation losses also increased to ¥40,502 thousand, expanding inventory exposure. - FY2025RestatedAnnual report
「The Group uses community data to detect needs that have emerged within communities and commercializes products accordingly. It therefore procures products in line with community demand, resulting in a structure with relatively little excess inventory.」
The explanation of controlling inventory through data-driven product planning and procurement continues. - FY2024First statedAnnual report
「If product sales stagnate and inventories increase due to changes in the market environment or consumer needs, the Group’s financial condition, operating results and other matters may be affected.」
The Group explains that inventory risk is reduced through procurement and product planning aligned with community demand.