Loss in the Food Ingredients Business Due to Inventory Write-Downs
First written in FY2020-Q2. 5 of 12 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 5 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2023Full-year inventory valuation loss updatedAnnual report
「Inventory valuation loss (△ represents a reversal gain) ¥28 million」
After profit had improved through the previous fiscal year due to the absence of the valuation loss in the food-related business, an inventory valuation loss of ¥28 million was recorded in the current fiscal year. - FY2022MitigatedAnnual report
「Operating profit was ¥271 million, due in part to the elimination of the inventory valuation loss, compared with an operating loss of ¥757 million in the previous fiscal year.」
Due to the elimination of the inventory valuation loss, the food-related business shifted from an operating loss of ¥757 million in the previous fiscal year to operating profit of ¥271 million in the current fiscal year. - FY2022-Q3MitigatedAnnual report
「Operating profit was ¥218 million, due in part to the absence of the inventory valuation loss, compared with an operating loss of ¥730 million in the same period of the previous year.」
Due to the absence of the inventory valuation loss, the food-related business shifted from an operating loss of ¥730 million in the same period of the previous year to operating profit of ¥218 million. - FY2022-Q2MitigatedAnnual report
「Operating profit was ¥106 million, due in part to the absence of the inventory valuation loss, compared with an operating loss of ¥658 million in the same period of the previous year.」
Due to the absence of the inventory valuation loss, the food-related business shifted from an operating loss of ¥658 million in the same period of the previous year to operating profit of ¥106 million. - FY2022-Q1MitigatedAnnual report
「Operating profit was ¥44 million, due in part to the absence of the inventory valuation loss, compared with an operating loss of ¥181 million in the same period of the previous year.」
In the food-related business, the inventory valuation loss was absent, and the business shifted from an operating loss in the same period of the previous year to operating profit. - FY2021RestatedAnnual report
「Net sales were ¥14,994 million, down ¥1,289 million, or 7.9%, from the previous fiscal year, mainly due to declines in transaction volume for certain processed seafood and processed chicken products. In terms of earnings, in addition to the impact of lower sales, an inventory valuation loss was recorded, resulting in an operating loss of ¥757 million, compared with an operating loss of ¥216 million in the previous fiscal year.」
The inventory valuation loss continues to be cited, together with lower revenue, as a factor behind the operating loss in the food-related business for the full year. - FY2021-Q3RestatedAnnual report
「In terms of profit, in addition to the impact of lower revenue, the Company recorded an operating loss of ¥730 million due to the recognition of an inventory valuation loss, compared with an operating loss of ¥73 million in the same period of the previous year.」
The inventory valuation loss continues to be cited, together with lower revenue, as a factor behind the operating loss in the food-related business. - FY2021-Q2RestatedAnnual report
「In terms of profit, in addition to the impact of lower revenue, the Company recorded an operating loss of ¥658 million due to the recognition of an inventory valuation loss, compared with an operating loss of ¥87 million in the same period of the previous year.」
The inventory valuation loss continues to be cited, together with lower revenue, as a factor behind the operating loss in the food-related business. - FY2021-Q1RestatedAnnual report
「In terms of profit, in addition to the impact of lower revenue, the Company recorded an operating loss of ¥181 million due to the recognition of an inventory valuation loss, compared with operating profit of ¥14 million in the same period of the previous year.」
The inventory valuation loss continues to be cited, together with lower revenue, as a factor behind the operating loss in the food-related business. - FY2020Full-year inventory valuation loss updatedAnnual report
「The closing inventory balance is stated at the amount after the carrying value was written down due to lower profitability, and the inventory valuation loss for the fiscal year was ¥261 million.」
The full-year inventory valuation loss was ¥261 million and was cited, together with the impact of lower revenue, as a factor behind the operating loss in the food-related business. - FY2020-Q3RestatedAnnual report
「In terms of profit, in addition to the impact of lower revenue, the Company recorded an operating loss of ¥73 million due to the recognition of an inventory valuation loss, compared with operating profit of ¥112 million in the same period of the previous year.」
The inventory valuation loss continues to be cited, together with lower revenue, as a factor behind the operating loss in the food-related business. - FY2020-Q2First statedAnnual report
「In terms of profit, in addition to the impact of lower revenue, the Company recorded an operating loss of ¥87 million due to the recognition of an inventory valuation loss, compared with operating profit of ¥84 million in the same period of the previous year.」
The disclosure states for the first time that an inventory valuation loss was recorded in the food-related business, resulting in an operating loss together with the decline in revenue.