Risk of fluctuations in the value and supply of antiques and price control
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Such a decline in the liquidity of antiques may impair the company's ability to control prices and manage distribution in both purchasing and sales, in line with collectors' demand for limited original items, and may affect business performance through lower purchasing volumes or slower sales.」
The company continues to identify the risk that fluctuations in the value and availability of antiques may affect price controls, distribution management, purchasing and sales. - FY2024RestatedAnnual report
「Such a decline in the liquidity of antiques may impair the company's ability to control prices and manage distribution in both purchasing and sales, in line with collectors' demand for limited original items, and may affect business performance through lower purchasing volumes or slower sales.」
The company continues to identify the risk that fluctuations in the value and availability of antiques may affect price controls, distribution management, purchasing and sales. - FY2022RestatedAnnual report
「Such a decline in the liquidity of antiques may impair the company's ability to control prices and manage distribution in both purchasing and sales, in line with collectors' demand for limited original items, and may affect business performance through lower purchasing volumes or slower sales.」
The company continues to identify the risk that fluctuations in the value and availability of antiques may affect price controls, distribution management, purchasing and sales. - FY2020RestatedAnnual report
「Such a decline in the liquidity of antiques may impair the company's ability to control prices and manage distribution in both purchasing and sales, in line with collectors' demand for limited original items, and may affect business performance through lower purchasing volumes or slower sales.」
The company continues to identify the risk that fluctuations in the value and availability of antiques may affect price controls, distribution management, purchasing and sales. - FY2018RestatedAnnual report
「Such a decline in the liquidity of antiques may impair the company's ability to control prices and manage distribution in both purchasing and sales, in line with collectors' demand for limited original items, and may affect business performance through lower purchasing volumes or slower sales.」
The company continues to identify the risk that fluctuations in the value and availability of antiques may impair price controls and distribution management, leading to lower purchasing volumes and slower sales. - FY2017RestatedAnnual report
「Such a decline in the liquidity of antiques may impair the company's ability to control prices and manage distribution in both purchasing and sales, in line with collectors' demand for limited original items, and may affect business performance through lower purchasing volumes or slower sales.」
The company continues to identify the risk that fluctuations in the value and availability of antiques may impair price controls and distribution management, leading to lower purchasing volumes and slower sales. - FY2016First statedAnnual report
「The value and availability of these antiques are both extremely fluid. As images and prices become more widely recognized online and elsewhere, this may lead to further price increases and reduced availability, ranging from first editions, limited editions and out-of-print items that are particularly sought after by collectors to so-called dead stock items, mass-produced products that were once highly popular and produced in large quantities at low prices but were not valued and were left to deteriorate in a mass-consumption society, only to attract attention and command high prices today.」
The company identifies fluctuations in product value and availability, price increases and reduced availability as risks that may affect purchasing and sales price controls and business performance.