Risks of Returns and Inventory Disposal Associated with the Consignment Sales System
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company seeks to reduce returns by preparing appropriate sales forecasts before publication and setting appropriate print runs.」
The Company continues to address the risk of returns and inventory disposal associated with the consignment sales system by improving sales forecasts and optimizing print runs to reduce returns. - FY2024RestatedAnnual report
「The Company seeks to reduce returns by preparing appropriate sales forecasts before publication and setting appropriate print runs.」
The Company continues to address the risk of returns and inventory disposal associated with the consignment sales system by improving sales forecasts and optimizing print runs to reduce returns. - FY2022RestatedAnnual report
「If the Company accepts large volumes of returns under the consignment sales system and is required to dispose of inventory, its business performance may be affected.」
The Company continues to disclose the risk that large-volume returns, valuation losses and inventory disposal associated with the consignment sales system may affect business performance. - FY2020RestatedAnnual report
「If the Company accepts large volumes of returns under the consignment sales system and is required to dispose of inventory, its business performance may be affected.」
The Company continues to disclose the risk that large-volume returns, valuation losses and inventory disposal associated with the consignment sales system may affect business performance. - FY2018RestatedAnnual report
「If the Company accepts large volumes of returns under the consignment sales system and is required to dispose of inventory, its business performance may be affected.」
The Company continues to disclose the risk that large-volume returns, valuation losses and inventory disposal associated with the consignment sales system may affect business performance. - FY2017RestatedAnnual report
「Under this system, the Company also accepts returns after delivering publications and other products. After assessing the saleability of returned publications and other products, the Company records an inventory valuation loss for accounting purposes. In cases where returned inventory is deemed substantially excessive, the Company may also be forced to dispose of it. If the Company accepts large volumes of returns under the consignment sales system and is required to dispose of inventory, its business performance may be affected.」
The Company continues to disclose the risk that large-volume returns, valuation losses and inventory disposal associated with the consignment sales system may affect business performance. - FY2016First statedAnnual report
「Under this system, the Company also accepts returns after delivering publications and other products. After assessing the saleability of returned publications and other products, the Company records an inventory valuation loss for accounting purposes. In cases where returned inventory is deemed substantially excessive, the Company may also be forced to dispose of it. If the Company accepts large volumes of returns under the consignment sales system and is required to dispose of inventory, its business performance may be affected.」
The Company states that large-volume returns, valuation losses and inventory disposal under the consignment sales system pose risks to business performance.