Risk of securing a stable supply of used products
First written in FY2017. 6 of 12 entries say "Restated". Latest entry: 2026-05-27.
The whole theme swung hardest in 2023: 4 of 13 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- 2026-05-27MitigatedEarnings presentation materials
「There is no concern about inventory shortages, and we believe the balance between sales and procurement remains sound.」
The company stated that there was no concern about inventory shortages and that sales and procurement remained balanced. - FY2026RestatedAnnual report
「In the fiscal year ending February 2026, consolidated merchandise purchases for the period increased 15.5% from the previous fiscal year, enabling the company to maintain sufficient inventory levels for operating existing and new stores.」
The company continues to explain that merchandise purchases increased 15.5% from the previous fiscal year, enabling it to maintain sufficient inventory levels for operating existing and new stores. - FY2024RestatedAnnual report
「In the fiscal year ended February 2024, consolidated merchandise purchases for the period increased 27.6% from the previous fiscal year, enabling the company to maintain sufficient inventory levels for operating existing and new stores.」
The company continues to explain that higher merchandise purchases have enabled it to maintain sufficient inventory levels for operating existing and new stores. - FY2023RestatedAnnual report
「In the fiscal year ended February 2023, consolidated merchandise purchases for the period increased 26.1% from the previous fiscal year, enabling the company to maintain sufficient inventory levels for operating existing and new stores.」
The company explains that increased merchandise purchases through diverse sourcing routes have enabled it to maintain the inventory levels required for existing and new stores. - FY2022RestatedAnnual report
「In the fiscal year ended February 2022, consolidated merchandise purchases for the period increased 32.8% from the previous fiscal year, enabling the company to maintain sufficient inventory levels for operating existing and new stores.」
The company explains that increased merchandise purchases through diverse sourcing routes have enabled it to maintain the inventory levels required for existing and new stores. - FY2019RestatedAnnual report
「However, if rising buyback and sourcing prices or merchandise shortages caused by future economic conditions, the emergence of competitors, the rise of smartphone-based peer-to-peer marketplaces and other factors disrupt the stable procurement of products, this could affect the Group's operating performance.」
The disclosure reiterates the risk to stable sourcing arising from higher buyback prices and merchandise shortages caused by competitors and peer-to-peer marketplaces. - FY2018RestatedAnnual report
「Unlike new products, used goods are difficult to manage in terms of sourcing volumes, and securing a stable supply of merchandise is an important aspect of the Group's business management. ... If rising buyback and sourcing prices or merchandise shortages disrupt the stable procurement of products, this could affect the Group's operating performance.」
The disclosure reiterates the importance of securing a stable supply of used goods and the risk of price increases or merchandise shortages caused by competitors and peer-to-peer marketplaces. - FY2017First statedAnnual report
「Unlike new products, used goods are difficult to manage in terms of sourcing volumes, and securing a stable supply of merchandise is an important aspect of the Group's business management.」
The disclosure describes the risk that economic conditions, competitors and peer-to-peer marketplaces could drive up buyback prices or cause merchandise shortages, disrupting stable sourcing.