Komori
Cominix (3173) · RiskWorsenedLatest Earnings presentation (2026-11-13): "Mitigated"

Excess inventory and inventory valuation losses on a wide range of products

First written in FY2016. 4 of 13 entries say "Materialised", first in FY2017. Latest entry: 2026-11-13.

13entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017 – FY2020MitigatedFY2022 – FY2023WorsenedFY2024 – 2026-05-152016: 120162017: 120172018: 120182019: 120192020: 120202021: 020212022: 120222023: 120232024: 120242025: 120252026: 42026
Same theme, other companies
Inventory risk from demand fluctuations and product obsolescenceA theme 82 companies write about · 84 as a headwind · 0 as a tailwind

Cominix moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).

The whole theme swung hardest in 2026: 22 of 49 companies on the "Worse" side.

18 other companies' latest entry also says "Mitigated".

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.
Showing 14 of the 82 companies compared. The sentences above are computed from all 82.
Full recordFilings, disclosures and news, newest first
  1. 2026-11-13MitigatedEarnings presentation

    「在庫の二層構造管理 戦略在庫は積極保有 営業在庫・滞留在庫は徹底削減」

    即納に必要な戦略在庫と、削減対象となる営業在庫・滞留在庫を分けて管理する在庫対策を具体化した。
  2. FY2026WorsenedAnnual report

    「Cost of sales: ¥136 million」

    Merchandise valuation losses on the wide-ranging inventory increased from ¥112 million in the previous fiscal year to ¥136 million, and inventory valuation risk increased.
  3. FY2025WorsenedAnnual report

    「Merchandise valuation losses: ¥112 million」

    Merchandise valuation losses increased from ¥96 million in the previous fiscal year to ¥112 million, and valuation risk for the wide-ranging inventory increased.
  4. FY2024WorsenedAnnual report

    「The write-downs of the carrying value of inventories held for ordinary sales purposes due to declining profitability were as follows: Fiscal year ended March [current year] — Cost of sales: ¥96 million」

    Merchandise valuation losses increased from ¥89 million in the previous fiscal year to ¥96 million, and valuation risk for the wide-ranging inventory increased again.
  5. FY2023MitigatedAnnual report

    「For repeat orders, the Group operates systems that determine appropriate order quantities based on sales performance data. For new orders, it determines order quantities based on sales plans, thereby reducing risk.」

    The company continued to reduce inventory risk through a system that determines order quantities based on sales performance data and sales plans. Merchandise valuation losses decreased from ¥109 million in the previous fiscal year to ¥89 million.
  6. FY2022MitigatedAnnual report

    「For repeat orders, the Group operates systems that determine appropriate order quantities based on sales performance data. For new orders, it determines order quantities based on sales plans, thereby reducing risk.」

    To address the risk associated with a wide range of inventory, the company has implemented a system that determines order quantities based on sales performance data and sales plans.
  7. FY2020WorsenedAnnual report

    「The write-downs of the carrying value of inventories held for ordinary sales purposes due to declining profitability were as follows: Fiscal year ended March [current year] — Cost of sales: ¥88.293 million」

    The write-down due to declining profitability of its wide-ranging inventory increased from ¥83.237 million in the previous fiscal year to ¥88.293 million.
  8. FY2019MaterialisedAnnual report

    「The write-downs of the carrying value of inventories held for ordinary sales purposes due to declining profitability were as follows: Fiscal year ended March [current year] — Cost of sales: ¥83.237 million」

    The company recorded an ¥83.237 million write-down due to declining profitability of its wide-ranging inventory, with excess inventory and valuation-loss risk materializing in full-year results.
  9. FY2018MaterialisedAnnual report

    「The write-downs of the carrying value of inventories held for ordinary sales purposes due to declining profitability were as follows: Fiscal year ended March [current year] — Cost of sales: ¥107.444 million」

    The company recorded a ¥107.444 million write-down due to declining profitability of merchandise inventory, and inventory valuation risk continued to materialize in its results.
  10. FY2017MaterialisedAnnual report

    「The write-downs of the carrying value of inventories held for ordinary sales purposes due to declining profitability were as follows: Fiscal year ended March [current year] — Cost of sales: ¥107.239 million」

    The company recorded a ¥107.239 million write-down due to declining profitability of its wide-ranging inventory.
  11. FY2016First statedAnnual report

    「The Group holds a wide range of inventory, particularly cutting tools, enabling it to provide prompt delivery to customers. Depending on future market conditions, this could result in excess inventory and valuation losses on merchandise.」

    The company holds a wide range of inventory to enable prompt delivery, while also citing the possibility of excess inventory and valuation losses resulting from changes in market conditions.
Moved together

"Dependence on capital investment and production trends in the automotive industry" moved the same way as this thread, in the same document, in 6 of its 13 moves.

666554★123456
  1. ★This thread
  2. 1Dependence on capital investment and production trends in the automotive industry6×
  3. 2Expansion of overseas sales and profit6×
  4. 3Country risks in overseas operations6×
  5. 4Enhancing corporate value and earnings power5×
  6. 5Higher Revenue and Operating Profit5×
  7. 6Management control based on a four-year medium-term management plan and annual budgets4×

★ 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
Cominix's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Earnings presentation of 2026-11-13: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.