Komori
Takachiho Koheki (2676) · InitiativeAdvancedLatest Earnings presentation materials (2026-08-05): "Worsened"

Using IT and improving inventory efficiency

First written in FY2016. 7 of 26 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-08-05.

26entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2019-Q3OtherFY2020-Q1 – FY2021-Q2AdvancedFY2024-Q1 – 2026-05-222016: 120162017: 020172018: 220182019: 420192020: 320202021: 220212022: 420222023: 420232024: 220242025: 020252026: 42026
Same theme, other companies
Business Process Transformation for Quality, Inventory, and Core SystemsA theme 6 companies write about · 0 as a headwind · 6 as a tailwind

1 other company's latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025-H1AdvancedAnnual report

    「This was mainly because merchandise and finished goods decreased by ¥624 million, accounts receivable decreased by ¥318 million and contract assets decreased by ¥142 million, while cash and deposits increased by ¥1,292 million.」

    Merchandise and finished goods decreased by ¥624 million from the end of the previous consolidated fiscal year, indicating progress toward a decline from the perspective of inventory reduction and improved capital efficiency.
  2. FY2024-Q3AdvancedAnnual report

    「Merchandise and finished goods 4,880,489 4,801,598」

    Merchandise and finished goods decreased by ¥79 million, from ¥4,880,489 thousand at the end of the previous consolidated fiscal year to ¥4,801,598 thousand. The decline continued from the perspective of inventory reduction and improved capital efficiency.
  3. FY2024-Q2AdvancedAnnual report

    「This was mainly because notes receivable decreased by ¥180 million, contract assets decreased by ¥158 million and merchandise and finished goods decreased by ¥109 million, while cash and deposits increased by ¥358 million and investment securities increased by ¥352 million.」

    Merchandise and finished goods decreased by ¥109 million from the end of the previous consolidated fiscal year, showing a decline from the previous quarter from the perspective of inventory reduction and improved capital efficiency.
  4. FY2024-Q1AdvancedAnnual report

    「This was mainly because cash and deposits increased by ¥685 million, while accounts receivable decreased by ¥878 million and merchandise and finished goods decreased by ¥311 million.」

    Merchandise and finished goods decreased by ¥311 million from the end of the previous consolidated fiscal year, indicating a measurable change despite the policy of reducing inventory and improving capital efficiency.
  5. FY2023The increase in inventory was explained as the securing of inventory in response to advance orders from customers.Annual report

    「Inventories increased mainly because inventory of electronics products was secured in response to advance orders from customers.」

    Merchandise and finished goods increased by ¥1,784 million from the end of the previous fiscal year, while total inventories increased by ¥1,798 million. The company cited securing inventory in response to advance orders from customers as the reason for the increase.
  6. FY2023-Q3Continued increase in inventoryAnnual report

    「This was mainly because cash and deposits decreased by ¥2,110 million and contract assets decreased by ¥252 million, while merchandise and finished goods increased by ¥1,403 million, investment securities increased by ¥418 million, accounts receivable increased by ¥348 million, notes receivable increased by ¥194 million and prepaid expenses increased by ¥180 million.」

    Merchandise and finished goods increased by ¥1,403 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite the policy of reducing inventory and improving capital efficiency.
  7. FY2023-Q2Continued increase in inventoryAnnual report

    「This was mainly because cash and deposits decreased by ¥1,221 million, while merchandise and finished goods increased by ¥878 million, accounts receivable increased by ¥571 million and investment securities increased by ¥268 million.」

    Merchandise and finished goods increased by ¥878 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite the policy of reducing inventory and improving capital efficiency.
  8. FY2023-Q1Continued increase in inventoryAnnual report

    「This was mainly because merchandise and finished goods increased by ¥921 million, while cash and deposits decreased by ¥1,384 million.」

    Merchandise and finished goods increased by ¥921 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite the policy of reducing inventory and improving capital efficiency.
  9. FY2022ReframedAnnual report

    「ⅱ. Transforming the Business Model through DX <Internal processes aimed at digitizing marketing, sales methods and technical services, improving the efficiency of internal operations and increasing productivity> ⅳ. Improving Capital Efficiency <Controlling inventory, improving receivables and payables turnover periods, and establishing decision-making criteria based on operating profit by project>」

    The company is expanding its conventional use of IT and inventory reduction into business-model, sales, technical-service and internal-process transformation through DX, as well as improved capital efficiency through management of inventory, receivables and payables, and project profitability.
  10. FY2022-Q3Continued increase in inventoryAnnual report

    「This was mainly because notes and accounts receivable decreased by ¥2,317 million, while contract assets increased by ¥933 million, merchandise and finished goods increased by ¥755 million and investment securities increased by ¥288 million.」

    Merchandise and finished goods increased by ¥755 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite the policy of reducing inventory and improving inventory turnover. The new core system has been operating since the start of the first quarter of the current consolidated fiscal year.
  11. FY2022-Q2Continued increase in inventoryAnnual report

    「This was mainly because contract assets increased by ¥1,074 million and merchandise and finished goods increased by ¥680 million, while notes and accounts receivable decreased by ¥1,778 million and cash and deposits decreased by ¥613 million.」

    Merchandise and finished goods increased by ¥680 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite the policy of reducing inventory and improving inventory turnover.
  12. FY2022-Q1AdvancedAnnual report

    「The new core system described in the previous fiscal year's annual securities report under “Section 3. Facilities” (3. Plans for the Installation and Disposal of Facilities, etc.) began operating at the start of the first quarter of the current consolidated fiscal year.」

    The planned new core system began operating at the start of the first quarter of the current consolidated fiscal year.
  13. FY2021-Q2Continued increase in inventoryAnnual report

    「This was mainly because property, plant and equipment increased by ¥388 million and merchandise and finished goods increased by ¥370 million, while cash and deposits decreased by ¥951 million and notes and accounts receivable decreased by ¥537 million.」

    Merchandise and finished goods increased by ¥370 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite the policy of reducing inventory and improving inventory turnover.
  14. FY2021-Q1Continued increase in inventoryAnnual report

    「This was mainly because merchandise and finished goods increased by ¥429 million and investment securities increased by ¥316 million, while notes and accounts receivable decreased by ¥1,030 million.」

    Merchandise and finished goods increased by ¥429 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite initiatives aimed at inventory reduction and improved inventory turnover.
  15. FY2020Continued increase in inventoryAnnual report

    「This was mainly because merchandise and finished goods increased by ¥152 million, while goodwill decreased by ¥350 million and investment securities decreased by ¥215 million.」

    Merchandise and finished goods increased by ¥152 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite initiatives aimed at inventory reduction and improved inventory turnover.
  16. FY2020-Q2Continued increase in inventoryAnnual report

    「This was mainly because merchandise and finished goods increased by ¥486 million, while cash and deposits decreased by ¥341 million, notes and accounts receivable decreased by ¥170 million and investment securities decreased by ¥133 million.」

    Merchandise and finished goods increased by ¥486 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite initiatives aimed at inventory reduction and improved inventory turnover.
  17. FY2020-Q1Continued increase in inventoryAnnual report

    「This was mainly because merchandise and finished goods increased by ¥471 million, while notes and accounts receivable decreased by ¥622 million, investment securities decreased by ¥170 million and cash and deposits decreased by ¥103 million.」

    Merchandise and finished goods increased by ¥471 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase despite initiatives aimed at inventory reduction and efficiency improvement.
  18. FY2019ReframedAnnual report

    「ⅲ. Centralizing Management Information and Reviewing Business Processes through IT Investment」

    The focus has expanded from speeding up conventional business processing and strengthening sales capabilities to centralizing management information through IT investment and reviewing business processes as a whole. Meanwhile, merchandise and finished goods and raw materials have increased from the end of the previous fiscal year.
  19. FY2019-Q3Continued increase in inventoryAnnual report

    「This was mainly because merchandise and finished goods increased by ¥184 million, while notes and accounts receivable decreased by ¥743 million and investment securities decreased by ¥144 million.」

    Merchandise and finished goods increased by ¥184 million from the end of the previous consolidated fiscal year, indicating that inventory continued to increase rather than being reduced as part of efficiency improvements.
  20. FY2019-Q2Increase in inventoryAnnual report

    「This was mainly because cash and deposits increased by ¥403 million and merchandise and finished goods increased by ¥124 million, while notes and accounts receivable decreased by ¥531 million.」

    Merchandise and finished goods increased by ¥124 million from the end of the previous consolidated fiscal year, indicating an increase rather than inventory reduction and efficiency improvement.
  21. FY2018RestatedAnnual report

    「① Achieving low-cost operations by reducing procurement costs for merchandise and selling, general and administrative expenses ② Strengthening sales capabilities through faster business processing and advanced use of IT (information technology) ③ Improving inventory turnover by reducing inventory」

    Reducing procurement costs and selling, general and administrative expenses, utilizing IT and reducing inventory remain key initiatives.
  22. FY2016First statedAnnual report

    「② Strengthening sales capabilities through faster business processing and advanced use of IT (information technology)」

    At the same time, the company plans to improve inventory turnover by reducing inventory.
Moved together

"Developing proprietary products and services based on customer needs" moved the same way as this thread, in the same document, in 6 of its 26 moves.

664444★123456
  1. ★This thread
  2. 1Developing proprietary products and services based on customer needs6×
  3. 2Creating new businesses and new markets6×
  4. 3Expanding the global business, centered on Asia and ASEAN4×
  5. 4Identifying and providing advanced products and technologies by leveraging the strengths of an independent technology trading company4×
  6. 5Focusing on application-specific semiconductors instead of general-purpose semiconductors4×
  7. 6Full-scale expansion of the industrial equipment business in the U.S. market4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Takachiho Koheki's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Earnings presentation materials of 2026-08-05: "Worsened".
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