Lower Gross Margin Due to Inventory Write-Downs
First written in FY2017. 1 of 31 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 5 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Increase in Inventory BalanceAnnual report
「Merchandise ¥561.819 million ¥618.085 million」
The merchandise balance increased by ¥56.266 million, from ¥561.819 million at the end of the previous fiscal year to ¥618.085 million. - FY2026-H1Increase in Inventory BalanceAnnual report
「Merchandise ¥561.819 million ¥666.398 million」
The merchandise balance increased by ¥104.579 million, from ¥561.819 million at the end of the previous fiscal year to ¥666.398 million, returning to an increase after the decrease seen in the previous fiscal year. - FY2025Decrease in merchandise balanceAnnual report
「This was due to a ¥169.429 million decrease in merchandise.」
The merchandise balance decreased by ¥169.429 million, from ¥731.248 million at the end of the previous fiscal year to ¥561.819 million, changing from the upward trend in prior fiscal years. - FY2024Continued increase in product inventoryAnnual report
「Merchandise ¥574.797 million ¥731.248 million」
The merchandise balance increased from ¥574.797 million at the end of the previous fiscal year to ¥731.248 million, continuing the increase in inventory balances. - FY2024-Q3Continued increase in product inventoryAnnual report
「Merchandise ¥574.797 million ¥663.563 million」
The merchandise balance increased from ¥574.797 million at the end of the previous consolidated fiscal year to ¥663.563 million, continuing the increase in inventory balances. - FY2024-Q2Continued increase in product inventoryAnnual report
「This was mainly due to an increase of ¥137.213 million in current assets, including a ¥74.235 million increase in merchandise, while property, plant and equipment decreased by ¥158.988 million due to the recognition of impairment losses, and fixed assets decreased by ¥308.756 million, including decreases of ¥36.188 million in goodwill and ¥105.414 million in investments and other assets.」
The merchandise balance increased by ¥74.235 million, from ¥574.797 million at the end of the previous fiscal year to ¥649.032 million, continuing its upward trend. - FY2024-Q1Continued increase in product inventoryAnnual report
「This was mainly due to an increase of ¥63.001 million in merchandise, while cash and deposits decreased by ¥431.874 million.」
The merchandise balance increased by ¥63.001 million, from ¥574.797 million at the end of the previous consolidated fiscal year to ¥637.798 million, continuing its upward trend. - FY2023Continued increase in product inventoryAnnual report
「There were increases of ¥701.899 million in cash and deposits, ¥140.455 million in accounts receivable, and ¥135.776 million in merchandise.」
The merchandise balance increased by ¥135.776 million, from ¥439.020 million at the end of the previous fiscal year to ¥574.797 million, continuing its upward trend. - FY2023-Q3Continued increase in product inventoryAnnual report
「This was mainly due to increases of ¥155.779 million in accounts receivable, ¥131.683 million in merchandise, ¥255.215 million in investments and other assets, and ¥343.431 million in cash and deposits.」
The merchandise balance increased by ¥131.683 million from the end of the previous consolidated fiscal year, and the upward trend in the merchandise balance continued. - FY2023-Q2Significant increase in merchandise balanceAnnual report
「This was mainly due to increases of ¥355.003 million in cash and deposits, ¥218.937 million in merchandise, and ¥169.949 million in investments and other assets.」
The merchandise balance increased by ¥218.937 million, from ¥439.020 million at the end of the previous fiscal year to ¥657.958 million, further extending the historical upward trend. - FY2023-Q1Increase in Inventory BalanceAnnual report
「Merchandise ¥439.020 million ¥504.503 million」
The merchandise balance increased by ¥65.483 million, from ¥439.020 million at the end of the previous consolidated fiscal year to ¥504.503 million. - FY2022Significant increase in merchandise balanceAnnual report
「This was mainly due to increases of ¥389.897 million in accounts receivable and ¥153.710 million in merchandise, while cash and deposits decreased by ¥527.528 million.」
The merchandise balance increased by ¥153.710 million, from ¥285.310 million at the end of the previous fiscal year to ¥439.020 million, while cash and deposits decreased by ¥527.528 million. - FY2022-Q3Continued increase in product inventoryAnnual report
「This was mainly due to increases of ¥375.929 million in accounts receivable, ¥141.834 million in merchandise, and ¥155.105 million in investments and other assets, while cash and deposits decreased by ¥330.094 million and goodwill by ¥51.918 million.」
The merchandise balance increased by ¥141.834 million from the end of the previous fiscal year to ¥427.145 million. - FY2022-Q2Significant increase in merchandise balanceAnnual report
「This was mainly due to increases of ¥157.896 million in accounts receivable, ¥178.869 million in merchandise, and ¥115.787 million in investments and other assets, while cash and deposits decreased by ¥465.910 million.」
The merchandise balance increased by ¥178.869 million, from ¥285.310 million at the end of the previous fiscal year to ¥464.180 million, while cash and deposits decreased by ¥465.910 million. - FY2022-Q1Increase in Inventory BalanceAnnual report
「This was mainly due to increases of ¥93.638 million in accounts receivable, ¥69.778 million in merchandise, and ¥67.044 million in investments and other assets, while cash and deposits decreased by ¥433.990 million.」
The merchandise balance increased by ¥69.778 million, from ¥285.310 million at the end of the previous consolidated fiscal year to ¥355.089 million. - FY2021Decrease in merchandise balanceAnnual report
「Merchandise ¥404.786 million ¥285.310 million」
The merchandise balance decreased by ¥119.475 million, from ¥404.786 million at the end of the previous consolidated fiscal year to ¥285.310 million. - FY2021-Q3Slight increase in merchandise balanceAnnual report
「Merchandise ¥404.786 million ¥405.790 million」
The merchandise balance increased slightly from ¥404.786 million at the end of the previous consolidated fiscal year to ¥405.790 million, changing from the downward trend through the previous quarter. - FY2021-Q2Continued decrease in merchandise balanceAnnual report
「Merchandise ¥404.786 million ¥398.687 million」
The merchandise balance decreased from ¥404.786 million at the end of the previous consolidated fiscal year to ¥398.687 million, marking a further decrease following the previous quarter. - FY2021-Q1Decrease in merchandise balanceAnnual report
「Merchandise ¥404.786 million ¥400.520 million」
The merchandise balance decreased from ¥404.786 million at the end of the previous consolidated fiscal year to ¥400.520 million. - FY2020Increase in Inventory BalanceAnnual report
「Merchandise ¥367.659 million ¥404.786 million」
The merchandise balance increased from ¥367.659 million at the end of the previous consolidated fiscal year to ¥404.786 million, changing from the decrease in the balance since the end of the previous fiscal year to an increase. - FY2020-Q3Decrease in merchandise balanceAnnual report
「Merchandise ¥367.659 million ¥340.035 million」
The merchandise balance decreased from ¥367.659 million at the end of the previous consolidated fiscal year to ¥340.035 million, changing from the increasing trend reported to date. - FY2020-Q2Continued increase in product inventoryAnnual report
「This was mainly due to the recording of ¥307.583 million in quarterly net income before income taxes and other adjustments, while accounts receivable increased by ¥66.364 million, inventories by ¥9.073 million, and income taxes paid amounted to ¥167.216 million.」
An increase in inventories was reported, and the merchandise balance also increased from ¥367.659 million at the end of the previous consolidated fiscal year to ¥373.757 million. - FY2020-Q1Continued increase in product inventoryAnnual report
「This was mainly due to increases of ¥159.752 million in accounts receivable, ¥31.045 million in merchandise, and ¥140.110 million in goodwill, while cash and deposits decreased by ¥49.373 million.」
The merchandise balance increased by ¥31.045 million, from ¥367.659 million at the end of the previous consolidated fiscal year to ¥398.705 million, continuing to increase. - FY2019Continued increase in product inventoryAnnual report
「This was mainly due to increases of ¥149.917 million in merchandise, ¥228.110 million in cash and deposits, and ¥281.075 million in accounts receivable.」
The merchandise balance increased by ¥149.917 million, from ¥217.742 million at the end of the previous consolidated fiscal year to ¥367.659 million, continuing to increase. - FY2019-Q3Continued increase in product inventoryAnnual report
「This was mainly due to increases of ¥204.427 million in cash and deposits, ¥202.844 million in accounts receivable, and ¥74.119 million in merchandise.」
The merchandise balance increased by ¥74.119 million, from ¥217.742 million at the end of the previous consolidated fiscal year to ¥291.861 million, continuing its increase from the previous quarter. - FY2019-Q2Continued increase in product inventoryAnnual report
「This was mainly due to increases of ¥134.656 million in cash and deposits, ¥164.418 million in accounts receivable, and ¥94.941 million in merchandise.」
The merchandise balance increased by ¥94.941 million, from ¥217.742 million at the end of the previous consolidated fiscal year to ¥312.683 million, continuing its increase from the previous quarter. - FY2019-Q1Increase in Inventory BalanceAnnual report
「This was mainly attributable to increases of ¥82.166 million in accounts receivable and ¥73.471 million in products, partly offset by a ¥124.418 million decrease in cash and deposits.」
The product balance increased by ¥73.471 million from ¥217.742 million at the end of the previous consolidated fiscal year to ¥291.214 million. - FY2018Disposal and rationalisation of long-outstanding inventoryAnnual report
「In light of future developments, the company reviewed its inventory strategy and rationalised its inventory holdings by disposing of products that had remained in inventory for a long time.」
The company states that it disposed of products that had remained in inventory for a long time and rationalised its inventory holdings. While a temporary inventory disposal loss arose, the product balance was ¥217.742 million. - FY2018-Q3RestatedAnnual report
「The gross profit margin temporarily declined during the second quarter due to the disposal of long-outstanding inventory.」
The explanation that the gross profit margin temporarily declined due to the disposal of long-outstanding inventory has been reconfirmed. - FY2018-Q2Temporary decline in gross margin due to disposal of long-outstanding inventoryAnnual report
「The gross profit margin temporarily declined due to the disposal of long-outstanding inventory.」
The company explains that the gross profit margin temporarily declined as a result of disposing of long-outstanding inventory. - FY2017First statedAnnual report
「The gross profit margin was 43.3% because the inventory held at the fiscal year-end was written down.」
The company states that a ¥37.086 million write-down of fiscal year-end inventory was recorded in cost of sales, resulting in a gross profit margin of 43.3%.