Risk of Inventory Increases and Fluctuations in Product Value
First written in FY2016. 16 of 18 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2026: 23 of 41 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2021-Q2RestatedAnnual report
「There have been no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2021-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2020MaterialisedAnnual report
「For the consolidated fiscal year, the Company estimated the carrying value of inventories including vehicles in its overseas business because the impact of the spread of COVID-19 had become apparent and the outlook for economic conditions was uncertain. An inventory write-down of ¥216.938 million was recorded as an extraordinary loss.」
The decline in the value of inventories including vehicles in the overseas business due to increasingly uncertain economic conditions actually resulted in an inventory write-down of ¥216.938 million. - FY2020-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2020-Q2RestatedAnnual report
「There have been no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2019-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - 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.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2017RestatedAnnual report
「The Company aims to manage inventory appropriately and control excessive inventory growth and increases in the loss rate. However, a sharp change in consumer sentiment could affect the Group's business results and financial condition.」
The disclosure again describes the risks of inventory growth, a higher loss rate and changes in consumer sentiment. - FY2017-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.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2017-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.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2017-Q1RestatedAnnual report
「During the cumulative period of the current quarter, there were no new events among the matters concerning the business and accounting conditions described in the quarterly report that could have a material impact on investors’ decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The disclosure expressly states that there have been no material changes concerning the risk of inventory growth and fluctuations in merchandise value. - FY2016First statedAnnual report
「A sharp change in consumer sentiment could affect the Group's business results and financial condition.」
The risks identified include excessive inventory growth, a higher loss rate, obsolescence due to changing trends and sharp fluctuations in the value of merchandise handled.