Sell-through of products that remained unsold during the COVID-19 pandemic in the current fiscal year
First written in FY2021-Q2. 4 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「For slow-moving products, we will also work to accelerate inventory clearance by concentrating products at large stores that serve as regional hubs and at outlet stores. In addition, we will plan outside sales events and other promotional events and establish a system for selling products through to the end. In this way, we aim to achieve zero disposal of long-term slow-moving inventory, excluding products that cannot be used.」
The previous measure of taking early action on slow-moving inventory became more concrete through concentration at large stores and outlets, sales events and other promotional events, and the goal of zero disposal of long-term slow-moving inventory. - FY2025-H1AdvancedAnnual report
「In the United States, although personal consumption remained weak due to prolonged inflation, we worked to clear inventory through sales and other measures. As a result, U.S. net sales increased 13.9% year on year to ¥14.643 billion.」
Despite weak personal consumption in the United States due to inflation, specific measures to clear inventory through sales and other initiatives were described. - FY2022AdvancedAnnual report
「By identifying best-selling products and making early decisions and taking prompt action regarding slow-moving inventory, we will seek to improve inventory turnover for each individual item and enhance profitability.」
The description broadened from measures addressing individual cases of inventory that had remained unsold during the COVID-19 pandemic to ongoing inventory management measures, including identifying best-selling products, taking early action on slow-moving inventory, and improving inventory turnover for each individual item. - FY2021AdvancedAnnual report
「As a result, consolidated net sales for the fiscal year fell 19.1% year on year to ¥220.267 billion, marking the first decline in sales since the Company was listed, due to the impact of COVID-19. On the earnings side, although we recorded a ¥2.861 billion write-down on slow-moving inventory, operating income fell 55.0% year on year to ¥19.513 billion, and the consolidated operating margin was 8.9%.」
The write-down on slow-moving inventory increased from ¥1.723 billion in the second quarter to ¥2.861 billion for the full year, making the response to inventory disposal more concrete in the full-year results. - FY2021-Q3Cited as achievedAnnual report
「In the second quarter, we recorded a ¥1.723 billion write-down on slow-moving inventory, but」
For inventory that had remained unsold during the COVID-19 pandemic, the ¥1.723 billion write-down recorded in the second quarter was cited in the third-quarter performance briefing as a measure taken in the past. - FY2021-Q2First statedAnnual report
「To clear products that had accumulated during the COVID-19 pandemic within the fiscal year, we recorded an inventory write-down of ¥1,723 million, slightly more than 3 times the amount at the end of the previous fiscal year.」
The policy of clearing products accumulated during the COVID-19 pandemic within the fiscal year and the related inventory write-down of ¥1,723 million were disclosed for the first time.