Improving Earnings and the Financial Position by Reducing Slow-Moving Inventory
First written in FY2016. 9 of 21 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Merchandise and finished goods decreased from ¥377.607 million to ¥363.465 million.」
Merchandise and finished goods decreased by ¥14.142 million from the end of the previous fiscal year, and the reduction of inventories that had increased through the previous fiscal year is continuing. - FY2024MitigatedAnnual report
「The main factors were increases of ¥79 million in cash and deposits and ¥90 million in real estate held for sale, and decreases of ¥60 million in notes and accounts receivable, ¥232 million in merchandise and finished goods, and ¥69 million in goodwill, among other factors.」
Merchandise and finished goods decreased by ¥232 million from the end of the previous fiscal year, indicating progress in reducing inventories that had increased through the previous fiscal year. - FY2024-Q2MitigatedAnnual report
「The main factors were a ¥161 million increase in cash and deposits, a ¥158 million decrease in merchandise and finished products, a ¥60 million increase in securities, and a ¥46 million decrease in other current assets.」
Inventories of merchandise and finished goods decreased by ¥158 million from the end of the previous consolidated fiscal year, indicating progress in reducing inventories, which had expanded through the previous fiscal year. Cash flow from operating activities also increased by ¥58 million. - FY2024-Q1MitigatedAnnual report
「A ¥101 million decrease in merchandise and finished goods」
Merchandise and finished goods decreased by ¥101 million from the end of the previous consolidated fiscal year, indicating that the inventory build-up seen in the previous fiscal year is being reduced. - FY2023WorsenedAnnual report
「Cash used in operating activities amounted to ¥104 million, compared with ¥501 million used in the previous consolidated fiscal year. This was mainly due to the recording of a ¥618 million loss before income taxes and other adjustments, ¥147 million in share-based compensation expenses and ¥118 million in impairment losses, as well as a ¥92 million increase in inventories and a ¥195 million decrease in advances paid.」
In contrast to the previous trend of reducing inventories, inventories increased by ¥92 million. Cash flows from operating activities also remained negative at ¥104 million. - FY2022WorsenedAnnual report
「Cash used in operating activities was ¥501 million, compared with ¥35 million used in the previous consolidated fiscal year. This was mainly due to the recording of a ¥156 million loss before income taxes, a ¥254 million increase in inventories and a ¥169 million increase in advances paid.」
Contrary to the previous trend of reducing inventories, inventories increased by ¥254 million, while the decrease in cash flow from operating activities widened from ¥35 million to ¥501 million. - FY2022-Q3WorsenedAnnual report
「An increase of ¥261 million in merchandise and finished goods」
Contrary to the previous trend of reducing inventories, merchandise and products increased by ¥261 million from the end of the previous consolidated fiscal year, indicating a deterioration in inventory reduction. - FY2022-Q2WorsenedAnnual report
「This was mainly due to a ¥160 million increase in inventories and the recording of a ¥74 million quarterly net loss before income taxes and other adjustments.」
Contrary to the previous trend of reducing inventories, inventories increased by ¥160 million, while cash flow from operating activities decreased by ¥229 million. - FY2021AdvancedAnnual report
「Merchandise and finished goods decreased by ¥26 million, while cash and deposits increased by ¥82 million.」
The balance of merchandise and finished products at the end of the consolidated fiscal year decreased by ¥26 million, indicating progress in inventory reduction. - FY2020AdvancedAnnual report
「The Company is working to reduce inventory-related losses by establishing an appropriate inventory management system. "Merchandise and finished goods decreased by ¥93 million."」
The company continues to establish an appropriate inventory management framework, and the balance of merchandise and products has decreased by ¥93 million from the end of the previous fiscal year. - FY2019AdvancedAnnual report
「We are implementing various measures, including disposing of stagnant inventory, component inventory related to withdrawn businesses, and deteriorated or obsolete component inventory.」
The Company states that it disposed of stagnant inventory, component inventory related to withdrawn businesses, and deteriorated or obsolete component inventory. - FY2019-Q2RestatedAnnual report
「The company is working to reduce stagnant inventory and take other appropriate inventory measures, including by strengthening coordination between sales and production and establishing a sales structure for products that have remained in inventory for extended periods, thereby improving the soundness of its balance sheet.」
Continuing to reduce stagnant inventories and improve the balance sheet through coordination between manufacturing and sales and a sales framework for long-stored products. - FY2019-Q1RestatedAnnual report
「The company is working to reduce stagnant inventory and take other appropriate inventory measures, including by strengthening coordination between sales and production and establishing a sales structure for products that have remained in inventory for extended periods, thereby improving the soundness of its balance sheet.」
Continuing to reduce stagnant inventories and improve the balance sheet through coordination between manufacturing and sales and a sales framework for long-stored products. - FY2018RestatedAnnual report
「The company is working to reduce stagnant inventory and take other appropriate inventory measures, including by strengthening coordination between sales and production and establishing a sales structure for products that have remained in inventory for extended periods, thereby improving the soundness of its balance sheet.」
The company continues to pursue a policy of reducing stagnant inventory and improving its financial position through manufacturing and sales coordination and a sales framework for long-held inventory. - FY2018-Q3RestatedAnnual report
「We will work to improve earnings by reducing inventories of slow-moving products.」
We continue to improve profitability by reducing slow-moving inventories. - FY2018-Q2RestatedAnnual report
「・We will work to improve earnings by reducing stagnant inventories.」
We continue to improve profitability by reducing slow-moving inventories. - FY2018-Q1RestatedAnnual report
「We will work to improve earnings by reducing inventories of slow-moving products.」
The company continues to target earnings improvement by reducing slow-moving inventory. - FY2017RestatedAnnual report
「We will work to improve earnings by reducing inventories of slow-moving products.」
The Company continues to position the reduction of stagnant inventories as a measure to improve earnings. - FY2017-Q3RestatedAnnual report
「We will work to improve earnings by reducing inventories of slow-moving products.」
The Company continues to position the reduction of stagnant inventories as a measure to improve earnings. - FY2017-Q1RestatedAnnual report
「We will work to improve earnings by reducing inventories of slow-moving products.」
The Company continues to reduce slow-moving inventory as a profit improvement measure. - FY2016First statedAnnual report
「The company is promoting balance-sheet strengthening by taking appropriate inventory measures, including reducing slow-moving inventory, and making effective use of its assets by consolidating development, production and logistics functions at its Kagawa plant, which had unused space.」
Reducing slow-moving inventories and making effective use of owned assets are presented as measures to improve earnings and strengthen the balance sheet.