Reducing lost sales opportunities by leveraging ample inventory
First written in FY2016. 19 of 33 entries say "Advanced", first in FY2017. Latest entry: FY2026.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the current fiscal year, purchases of finished products increased substantially as the company built up inventory to eliminate stockouts and delivery delays.」
The company rebuilt inventory throughout the full year to eliminate stockouts and delivery delays, increasing merchandise and finished goods by ¥3,084 million and raw materials and supplies by ¥239 million. - FY2026-H1Rebuilding Inventory in Response to StockoutsAnnual report
「This was mainly attributable to increases of ¥602 million in merchandise and finished goods, ¥703 million in raw materials and supplies, and ¥411 million in other current assets, together with decreases of ¥1,459 million in cash and deposits and ¥909 million in notes and accounts receivable, among other factors.」
Against the backdrop of responses to stockouts and delivery delays, the company shifted from its previous inventory-reduction trend to increases of ¥602 million in merchandise and finished goods and ¥703 million in raw materials and supplies. - FY2025AdvancedAnnual report
「Inventories decreased by ¥1,494 million.」
Inventories decreased by ¥1,494 million as a factor behind the increase in cash flows from operating activities, while merchandise and finished goods also decreased by ¥3,030 million. Inventory reduction is evident in the figures. - FY2025-H1AdvancedAnnual report
「Current assets decreased by ¥276 million from the end of the previous fiscal year to ¥30,095 million. This was mainly attributable to increases of ¥2,289 million in cash and deposits and ¥248 million in raw materials and supplies, together with decreases of ¥835 million in notes and accounts receivable and ¥2,025 million in merchandise and finished goods, among other factors.」
Merchandise and finished goods decreased by ¥2,025 million from the end of the previous fiscal year, indicating progress in inventory reduction. - FY2024AdvancedAnnual report
「Increase due to a ¥2,711 million decrease in inventories, among other factors.」
Inventories decreased by ¥2,711 million, indicating progress in inventory reduction and improvement in cash flows from operating activities. - FY2024-Q3Slight Decrease in Finished-Goods Inventory and Decrease in Raw-Material InventoryAnnual report
「This was mainly attributable to an increase of ¥540 million in cash and deposits, together with decreases of ¥1,025 million in notes and accounts receivable, ¥665 million in raw materials and supplies, and ¥436 million in other current assets, among other factors.」
Raw materials and supplies decreased by ¥665 million from the end of the previous fiscal year. Merchandise and finished goods also edged down from ¥15,321 million to ¥15,270 million, indicating a change in inventory composition from the build-up phase seen through the previous quarter. - FY2024-Q2Increase in Finished-Goods Inventory and Decrease in Raw-Material InventoryAnnual report
「This was mainly attributable to an increase of ¥410 million in merchandise and finished goods, together with decreases of ¥462 million in notes and accounts receivable, ¥420 million in raw materials and supplies, and ¥435 million in other current assets, among other factors.」
Merchandise and finished goods increased by ¥410 million, while raw materials and supplies decreased by ¥420 million, indicating a change in the composition of inventory. - FY2024-Q1Continued Inventory Build-UpAnnual report
「Merchandise and finished goods increased by ¥446 million, among other items.」
Merchandise and finished goods increased by ¥446 million from the end of the previous fiscal year, confirming continued inventory build-up in the first quarter. - FY2023Full-Year Confirmation of Inventory Build-UpAnnual report
「Current assets were ¥31,441 million, an increase of ¥2,131 million from the end of the previous fiscal year. This was mainly attributable to increases of ¥2,096 million in merchandise and finished goods and ¥416 million in raw materials and supplies, together with a decrease of ¥416 million in cash and deposits, among other factors.」
The inventory build-up that had continued from the previous fiscal year was also confirmed in the full-year results, with merchandise and finished goods increasing by ¥2,096 million and raw materials and supplies by ¥416 million. - FY2023-Q3Continued Inventory Build-UpAnnual report
「Current assets increased by ¥574 million from the end of the previous fiscal year to ¥29,885 million. This was mainly attributable to increases of ¥1,816 million in merchandise and finished goods, ¥456 million in raw materials and supplies, and ¥110 million in other current assets, together with decreases of ¥660 million in cash and deposits and ¥1,150 million in notes and accounts receivable, among other factors.」
Since the end of the previous fiscal year, merchandise and finished goods have increased by ¥1,816 million and raw materials and supplies by ¥456 million, indicating that inventory build-up has continued. - FY2023-Q2Shift to Inventory Build-UpAnnual report
「This was mainly attributable to increases of ¥850 million in merchandise and finished goods and ¥567 million in raw materials and supplies, together with decreases of ¥314 million in cash and deposits and ¥320 million in notes and accounts receivable, among other factors.」
Against the backdrop of responses to supply disruptions, the company shifted from its previous inventory-reduction trend to a phase of increasing merchandise and finished goods by ¥850 million and raw materials and supplies by ¥567 million. - FY2023-Q1AdvancedAnnual report
「As a general trend in the workwear industry, delivery delays caused by China's zero-COVID policy and other factors made it difficult to keep products fully available and deliver them to distributors and users. However, the company's ample inventory minimized the impact of delivery delays and enabled it to meet advance demand ahead of price increases, resulting in substantial sales growth.」
It states that, despite delivery delays caused by China's zero-COVID policy and other factors, ample inventory minimized the impact and enabled the company to meet advance demand ahead of price increases. - FY2022AdvancedAnnual report
「Current assets were ¥29,310 million, an increase of ¥1,609 million from the end of the previous fiscal year. This was mainly attributable to increases of ¥2,995 million in cash and deposits and ¥272 million in raw materials and supplies, together with a decrease of ¥1,345 million in merchandise and finished goods, among other factors.」
Merchandise and finished goods decreased by ¥1,345 million from the end of the previous fiscal year, indicating progress in inventory reduction. Inventories also decreased by ¥1,075 million in cash flows from operating activities, demonstrating inventory optimization. - FY2022-Q3AdvancedAnnual report
「Operating profit was ¥1,579 million, up 11.0% year on year, owing in part to inventory optimization and cost-cutting measures focused on logistics expenses.」
It states that inventory optimization and cost-cutting measures focused on logistics expenses resulted in operating profit of ¥1,579 million, up 11.0% year on year. - FY2022-Q2AdvancedAnnual report
「Although procurement costs rose because of increases in raw material costs, ocean freight and other expenses, operating profit was ¥1,193 million, up 12.6% year on year, owing in part to inventory reduction and cost-cutting measures focused on logistics expenses.」
Despite higher raw material costs and ocean freight, the company pursued inventory reduction and cost-cutting measures focused on logistics expenses, resulting in a 12.6% year-on-year increase in operating profit. - FY2022-Q1AdvancedAnnual report
「This was mainly attributable to an increase of ¥371 million in cash and deposits, together with decreases of ¥1,108 million in notes and accounts receivable, ¥688 million in merchandise and finished goods, and ¥187 million in raw materials and supplies, among other factors.」
Merchandise and finished goods decreased by ¥688 million and raw materials and supplies by ¥187 million, indicating progress in inventory reduction. The operating results also cite lower logistics expenses associated with inventory reduction as a factor behind the increase in operating profit. - FY2021AdvancedAnnual report
「In addition, as “Jichodo, where ordered products are always readily available,” the company will continue improving the accuracy of its inventory forecasting system, reduce inventory while limiting stockouts, and work to improve its financial position and customer trust.」
The company continues to pursue the simultaneous reduction of inventory and prevention of stockouts, centered on improving the accuracy of its inventory forecasting system. - FY2021-Q3AdvancedAnnual report
「Current assets decreased by ¥1,121 million from the end of the previous fiscal year to ¥27,283 million. This was mainly attributable to increases of ¥2,914 million in cash and deposits and ¥194 million in other current assets, together with decreases of ¥1,564 million in notes and accounts receivable, ¥2,124 million in merchandise and finished goods, and ¥545 million in raw materials and supplies, among other factors.」
Compared with the end of the previous fiscal year, merchandise and finished goods decreased by ¥2,124 million and raw materials and supplies by ¥545 million, indicating progress in inventory reduction. - FY2021-Q2AdvancedAnnual report
「This was mainly attributable to an increase of ¥2,068 million in cash and deposits, together with decreases of ¥846 million in notes and accounts receivable, ¥1,478 million in merchandise and finished goods, and ¥286 million in raw materials and supplies, among other factors.」
Merchandise and finished goods decreased by ¥1,478 million and raw materials and supplies by ¥286 million, indicating progress toward inventory reduction. - FY2020AdvancedAnnual report
「The company will adjust production to reduce inventory. It will introduce automation functions into the inventory forecasting system renewed last fiscal year, improve the accuracy of inventory forecasts, and build and strengthen a system that prevents stockouts while reducing inventory.」
The company has shifted its policy from reducing lost sales opportunities through ample inventory to balancing inventory reduction with the prevention of stockouts, explicitly stating that automation functions will be introduced into the inventory forecasting system. - FY2020-Q3AdvancedAnnual report
「A partner factory in China entrusted with production was temporarily closed, causing delivery delays for some products, but the ample inventory strategically built up meant that almost no sales opportunities were lost.」
It states that the additional inventory kept lost sales opportunities to a minimum despite the temporary closure of a partner factory in China and the resulting delivery delays. - FY2020-Q2RestatedAnnual report
「Under these circumstances, in its workwear business the group conducted aggressive sales activities as “Jichodo fully stocked again,” leveraging strategically built-up inventory to avoid causing inconvenience to distributors and users through stockouts and delivery delays, and worked to expand sales and profit.」
The company continues sales activities using ample strategically built-up inventory to avoid stockouts and delivery delays. - FY2020-Q1AdvancedAnnual report
「Under these circumstances, in its workwear business the group used the ample inventory it had built up to conduct aggressive sales activities as “Jichodo fully stocked again,” while strengthening sales promotion through advertising and working to expand sales and profit.」
The company continues to use its ample inventory in sales activities and strengthen sales promotion. It explains that the ample inventory enabled it to meet rush demand ahead of the consumption tax increase. - FY2019RestatedAnnual report
「Because stockouts and delivery delays frequently occurred in the previous fiscal year, causing inconvenience to distributors and users, the company actively increased inventory in the current fiscal year and worked to rebuild its core stock-based business model and system for responding immediately to orders, while reducing lost sales opportunities and restoring the trust of distributors and users.」
The company continued throughout the full year to build up inventory in response to stockouts and delivery delays, maintain a system for immediate response, and rebuild its stock-based business model. - FY2019-Q3AdvancedAnnual report
「Because products frequently went out of stock in the previous fiscal year, causing significant inconvenience to distributors and users, the company increased inventory in the current fiscal year under the slogan “Jichodo fully stocked again” to reduce lost sales opportunities. In addition, leveraging inventory that had reached an adequate level, it conducted aggressive sales activities and worked to expand sales and profit.」
Following frequent stockouts in the previous fiscal year, the company increased inventory and explained that it had reached an adequate level. It is using the additional inventory in sales activities to reduce lost sales opportunities and expand sales and profit. - FY2019-Q2Ongoing Delivery Delays and Inventory Build-UpAnnual report
「On the production side, product delivery delays occurred because of delays in the delivery of fabrics, zippers and other materials, as well as the tightening of environmental regulations in China. The company has worked to recover production of delayed products by expanding production space and has continued to build up inventory.」
Delivery delays continued to occur, and the company is advancing recovery production through expanded production space while building up inventory. - FY2019-Q1Recurrence of Delivery DelaysAnnual report
「On the production side, product delivery delays occurred because of delays in the delivery of raw materials and the tightening of environmental regulations in China, among other factors. The company has been rebuilding and systematizing its production management structure, including by expanding production capacity and strengthening delivery schedule controls.」
While delivery problems said to have been resolved in the previous fiscal year recurred, the company is expanding production capacity, strengthening delivery schedule controls, and rebuilding and systematizing its production management structure. - FY2018AdvancedAnnual report
「Reflecting on stockouts during the spring/summer 2018 selling season, the company will further strengthen and enhance its inventory forecasting and product delivery scheduling systems, aiming for zero stockouts while working to improve customer service and reduce lost sales opportunities.」
Following the occurrence of stockouts, the company developed specific initiatives to strengthen its inventory forecasting and product delivery scheduling systems. - FY2018-Q3AdvancedAnnual report
「In the core uniform business, sales remained firm as delivery delays that occurred in the first half were resolved and lost sales opportunities declined.」
It reports progress in resolving delivery delays that occurred in the first half and reducing lost sales opportunities. - FY2018-Q2Lost Sales Opportunities Caused by Delivery DelaysAnnual report
「The company implemented measures including changing production plants and accommodating shorter lead times to recover from delivery delays, but as a result caused inconvenience to distributors and users.」
While working to reduce lost sales opportunities, delivery delays actually caused lost sales opportunities and affected distributors and users. - FY2018-Q1RestatedAnnual report
「The company strengthened its ability to meet delivery schedules by finely revising production plans based on inventory trend forecasts and customer requests.」
The company continues to adjust inventory and supply responses by revising production plans based on inventory trend forecasts and customer requests. - FY2017AdvancedAnnual report
「The company is working to reduce inventory by improving the accuracy of inventory trend forecasts and finely adjusting production volumes and delivery schedules for each product.」
In addition to reducing lost sales opportunities through ample inventory, the company is improving the accuracy of inventory trend forecasts and reducing inventory by adjusting production volumes and delivery schedules by product. - FY2016First statedAnnual report
「We launched aggressive sales activities, leveraging the ample inventory built up to reduce lost sales opportunities.」
The company is building inventory and conducting sales activities while limiting lost sales caused by stockouts.