Reducing inventory risk by changing from purchase-and-resale to consignment sales
First written in FY2016. 11 of 12 entries say "Restated". Latest entry: FY2024.
2 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Our sales model is centered on consignment sales from artists’ agencies and other parties. Under consignment sales, only the fees received by our group are recorded as net sales.」
The company maintains a sales model centered on consignment sales. - FY2023RestatedAnnual report
「Our sales model is centered on consignment sales from artists’ agencies and other parties. Under consignment sales, only the fees received by our group are recorded as net sales.」
The company maintains a sales model centered on consignment sales. - FY2022RestatedAnnual report
「Our sales model is centered on consignment sales from artists’ agencies and other parties. Under consignment sales, only the fees received by our group are recorded as net sales.」
The company maintains a sales model centered on consignment sales. - FY2020RestatedAnnual report
「Our sales model is centered on consignment sales from artists’ agencies and other parties. Under consignment sales, only the fees received by our group are recorded as net sales.」
The company continues to operate a sales model centered on consignment sales. - FY2018RestatedAnnual report
「Our sales model is centered on consignment sales from artists’ agencies and other parties. Under consignment sales, only the fees we receive are recorded as net sales.」
The company continues to operate a sales model centered on consignment sales, maintaining its shift away from purchasing inventory itself. - FY2018-Q3RestatedAnnual report
「We also continued to conduct consignment sales of apparel products and other merchandise.」
The company continues to conduct consignment sales of apparel products. - FY2018-Q1RestatedAnnual report
「We also continued to conduct consignment sales of apparel products and other merchandise.」
The company continues to conduct consignment sales of apparel products. - FY2017RestatedAnnual report
「Our sales model is centered on consignment sales from artists’ agencies and other parties. Under consignment sales, only the fees we receive are recorded as net sales.」
The company continues to operate a sales model centered on consignment sales. - FY2017-Q3RestatedAnnual report
「We also continued to conduct consignment sales of apparel products and other merchandise.」
The company continues to conduct consignment sales of apparel products. - FY2017-Q2RestatedAnnual report
「We also continued to conduct consignment sales of apparel products and other merchandise.」
The company continues to conduct consignment sales of apparel products. - FY2017-Q1RestatedAnnual report
「We also continued to conduct consignment sales of apparel products and other merchandise.」
The company continues to conduct consignment sales, but provides no new assessment or figures regarding inventory risk. - FY2016First statedAnnual report
「In addition, to reduce future inventory risk, we changed the sales method from purchasing merchandise ourselves to consignment sales. As a result of selling the inventory held to date, a loss on the sale of merchandise was incurred, and the segment recorded a loss of ¥93 million, compared with segment profit of ¥51 million in the previous fiscal year.」
While changing its sales model to reduce inventory risk, the company recorded a loss associated with the disposal of existing inventory.