Uncertainty in Estimates of the Net Realizable Value of Seasonal Products
First written in FY2022. 8 of 13 entries say "Worsened", first in FY2023. Latest entry: 2026-10-06.
PAL GROUP Holdings moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2018: 11 of 37 companies on the "Worse" side.
36 other companies' latest entry also says "Mitigated".
- 2026-10-06MitigatedEarnings
「商品及び製品 18,083 17,371」
商品及び製品残高が前年度末から減少し、正味売却価額の見積りに関係する在庫規模が縮小している。 - FY2027-H1MitigatedAnnual report
「Decrease of ¥711 million in merchandise and finished goods」
The balance of merchandise and finished goods decreased by ¥711 million from ¥18,083 million at the end of the previous fiscal year to ¥17,371 million, reducing the inventory level relevant to estimates of net realizable value. - FY2026WorsenedAnnual report
「Merchandise and finished goods 16,731 18,083」
The balance of merchandise and finished goods relevant to estimates of net realizable value increased from ¥16,731 million at the end of the previous fiscal year to ¥18,083 million, expanding the scale associated with uncertainty in inventory valuation. - FY2026-H1WorsenedAnnual report
「Merchandise and finished goods 16,731 18,991」
The balance of merchandise and finished goods relevant to estimates of net realizable value increased from ¥16,731 million at the end of the previous fiscal year to ¥18,991 million, expanding the inventory base. - FY2025-H1MitigatedAnnual report
「Due in part to an ¥820 million decrease in merchandise and finished goods」
The balance of merchandise and finished goods decreased from ¥16,505 million at the end of the previous fiscal year to ¥15,685 million, reducing the inventory base relevant to estimates of net realizable value. - FY2025-Q1WorsenedAnnual report
「Merchandise and finished goods 16,505 18,058」
The balance of merchandise and finished goods relevant to estimates of net realizable value increased from ¥16,505 million at the end of the previous fiscal year to ¥18,058 million. The inventory base associated with the risk of losses if the estimate is not met has expanded. - FY2024WorsenedAnnual report
「Merchandise and finished goods 12,518 16,505」
The recognized amount of merchandise and finished goods relevant to estimates of net realizable value increased from ¥12,518 million in the previous fiscal year to ¥16,505 million. - FY2024-Q3WorsenedAnnual report
「Merchandise and finished goods 12,518 19,508」
The balance of merchandise and finished goods increased from ¥12,518 million at the end of the previous fiscal year to ¥19,508 million, expanding the inventory base relevant to estimates of net realizable value. - FY2024-Q2WorsenedAnnual report
「Merchandise and finished goods 12,518 14,489」
The balance of merchandise and finished goods increased from ¥12,518 million at the end of the previous fiscal year to ¥14,489 million, expanding the inventory base relevant to estimates of net realizable value. - FY2023WorsenedAnnual report
「Merchandise and finished goods (hereinafter, “merchandise and other items”) are valued using the cost method based on the moving-average method, with the carrying amount on the balance sheet reduced based on declines in profitability. If the net realizable value at the end of the period has declined below acquisition cost, the net realizable value is used as the carrying amount on the balance sheet, and the difference from acquisition cost is recognized as an inventory valuation loss in cost of sales.」
The recognized amount of merchandise and finished goods increased from ¥10,736 million at the end of the previous fiscal year to ¥12,518 million. The uncertainty involving the possibility of losses if the net realizable value falls below the estimate continues. - FY2022First statedAnnual report
「The amount of merchandise and other items recognized in the consolidated financial statements for the current consolidated fiscal year was ¥10,736 million. These estimates involve uncertainty, and losses may arise if the net realizable value falls below the assumed level.」
The company estimates net realizable value based on markdown rates and inventory sell-through rates for seasonal products, and has newly disclosed the possibility of losses if the value falls below the estimate in relation to merchandise and other items of ¥10,736 million.