Decline in gross profit margin due to purchasing new products when used products are in short supply
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022RestatedAnnual report
「Used products tend to generate higher gross margins than new products and are a source of our profits. However, as we actively expand the business, we may make up for shortages of used products by purchasing new products. In this case, our gross margin may decline.」
The risk of a lower gross margin when shortages of used products are covered by purchasing new products continues. - FY2021RestatedAnnual report
「Used products tend to generate higher gross margins than new products and are a source of our profits. However, as we actively expand the business, we may make up for shortages of used products by purchasing new products. In this case, our gross margin may decline.」
The risk of a lower gross margin when shortages of used products are covered by purchasing new products continues to be disclosed. - FY2020RestatedAnnual report
「Used products tend to generate higher gross margins than new products and are a source of our profits. However, as we actively expand the business, we may make up for shortages of used products by purchasing new products. In this case, our gross margin may decline.」
The risk of a lower gross margin when shortages of used products are covered by purchasing new products continues to be disclosed. - FY2018RestatedAnnual report
「Used products tend to generate higher gross margins than new products and are a source of our profits. However, as we actively expand the business, we may make up for shortages of used products by purchasing new products. In this case, our gross margin may decline.」
The risk of a lower gross margin when shortages of used products are covered by purchasing new products continues to be disclosed. - FY2017First statedAnnual report
「Used products tend to generate higher gross margins than new products and are a source of our profits. However, as we actively expand the business, we may make up for shortages of used products by purchasing new products. In this case, our gross margin may decline.」
The company identifies as a new risk the possibility that the gross margin may decline if shortages of used products are covered by purchasing new products.