Risk of Prolonged Sales Periods and Inventory Valuation Losses
First written in FY2016. 6 of 16 entries say "Mitigated", first in FY2021-Q2. Latest entry: 2026-08-13.
The whole theme swung hardest in 2026: 11 of 21 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- 2026-08-13MitigatedFinancial results briefing materials
「Inventory days have remained stable through the use of the KEIAI Platform, allowing us to maintain inventories at appropriate levels.」
The company added an explanation that inventory turnover days are stable and inventories are being maintained at appropriate levels. - FY2026MitigatedAnnual report
「Our group develops compact housing projects with a focus on inventory turnover. By appropriately managing the holding period of inventories, we reduce the risks of prolonged holding periods and price declines.」
The company specified compact housing projects focused on inventory turnover and holding-period management as measures to address the risks of prolonged sales and inventory write-downs. - FY2025-H1MitigatedAnnual report
「In terms of profitability, although the company has been affected by rising labor costs and other factors, the recovery trend in the gross profit margin has continued as productivity has improved and market inventory has been gradually adjusted,」
The company states that market inventory adjustments are progressing gradually and that the recovery in the gross profit margin is continuing, indicating some improvement in conditions related to prolonged sales and inventory burdens. - FY2024-Q2WorsenedAnnual report
「In addition, sustained inflation has dampened consumer sentiment, while soaring construction material and subcontracting costs have affected real estate demand, and areas with a perceived excess of inventory have begun to emerge.」
The company reports normalized demand, weakening consumer sentiment and the emergence of areas with excess inventory, indicating a deterioration in conditions related to prolonged sales and inventory burdens. - FY2021-Q2MitigatedAnnual report
「Operating income was affected by stepped-up sales focused on inventory turnover in response to the sharp deterioration in economic conditions from March to April 2020. Accordingly, the gross profit margin declined from April to May 2020, but rose from June 2020 onward against a backdrop of growing demand for detached houses.」
The company states that the gross profit margin temporarily declined as a result of stepped-up sales focused on inventory turnover, but rose from June 2020 onward. - FY2020MaterialisedAnnual report
「Segment profit increased by ¥1,099.126 million to ¥6,855.045 million, despite a lower gross profit margin resulting from efforts to sell inventory early and higher brokerage fees accompanying the increase in sales, which increased variable costs.」
The company states that it sold inventory with extended holding periods early and that this resulted in a lower gross profit margin. - FY2019MaterialisedAnnual report
「Lower gross profit margin resulting from efforts to sell inventory early」
The company states that it sold the inventory with extended holding periods early, resulting in a lower gross profit margin. - FY2019-Q3MaterialisedAnnual report
「During the cumulative first nine months of the current consolidated fiscal year, the company strengthened sales of inventory whose holding period had lengthened during the previous consolidated fiscal year due to shortages of skilled workers and other factors, with the aim of improving its financial position.」
The inventory turnover period has in fact lengthened in connection with the risk of prolonged sales, and the company is stepping up early sales to improve its financial position. No impairment losses are reported. - FY2018RestatedAnnual report
「The company seeks to avoid inventory risk through early sell-through, but sales may take longer if it becomes caught up in price competition due to deteriorating economic conditions or real estate market conditions, intensifying competition, or other factors.」
The risks of prolonged sales, falling sales prices and inventory valuation losses continue. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change was identified in the risks of prolonged sales and inventory valuation losses. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material change was identified in the risks of prolonged sales and inventory valuation losses. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material change was identified in the risks of prolonged sales and inventory valuation losses. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material change was identified in the risks of prolonged sales and inventory valuation losses. - FY2016First statedAnnual report
「Sales may take longer if the company becomes caught up in price competition due to deteriorating economic conditions or real estate market conditions, intensifying competition, or other factors.」
It describes the possibility of falling sales prices and inventory valuation losses in relation to measures to avoid inventory risk through early sell-through.