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Daido Steel (5471) · FactUpdate on full-year balance

Securing Appropriate Inventory Levels in Response to Higher Order Volumes

First written in FY2019-Q1. 3 of 23 entries say "Reframed", first in FY2020-Q2. Latest entry: FY2026.

23entries
9years
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ProgressHeldSoftenedWorseOtherFY2019-Q1 – FY2020-Q1OtherFY2022-Q3 – FY20252018: 220182019: 420192020: 220202021: 320212022: 420222023: 220232024: 320242025: 220252026: 12026
Same theme, other companies
Increase in Merchandise and Work-in-Process InventoriesA theme 41 companies write about · 6 as a headwind · 6 as a tailwind

26 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 41 companies compared. The sentences above are computed from all 41.
Full recordFilings, disclosures and news, newest first
  1. FY2026Update on full-year balanceAnnual report

    「Inventories increased as a result of the newly consolidated 日本高周波鋼業㈱.」

    Inventories increased from ¥195,483 million at the end of the previous fiscal year to ¥211,501 million at the end of the current fiscal year, partly because of the impact of newly consolidating 日本高周波鋼業.
  2. FY2026-H1MitigatedAnnual report

    「Inventories 195,483 191,755」

    Inventories decreased from ¥195,483 million at the end of the previous fiscal year to ¥191,755 million at the end of the interim period of the current fiscal year.
  3. FY2025Update on full-year balanceAnnual report

    「Inventories 186,717 195,483」

    Under IFRS, inventories increased from ¥186,717 million at the end of the previous fiscal year to ¥195,483 million at the end of the current fiscal year. The disclosure notes persistently high working capital attributable to inventory adjustments by customers and continued elevated raw material and fuel prices.
  4. FY2025-H1Interim balance updateAnnual report

    「Inventories increased, mainly because of the impact of inventory adjustments by customers.」

    Inventories increased by ¥14,193 million from the end of the previous fiscal year because of the impact of inventory adjustments by customers.
  5. FY2024Update on full-year balanceAnnual report

    「Inventories 191,361 186,717」

    Under IFRS, inventories decreased from ¥191,361 million at the end of the previous fiscal year to ¥186,717 million at the end of the current fiscal year.
  6. FY2024-Q3Balance updatedAnnual report

    「Inventories 201,523 200,306」

    Inventories decreased from ¥201,523 million at the end of the previous fiscal year to ¥200,306 million at the end of the third quarter of the current fiscal year.
  7. FY2024-Q1Balance updatedAnnual report

    「Inventories 201,523 204,871」

    Inventories increased from ¥201,523 million at the end of the previous fiscal year to ¥204,871 million at the end of the first quarter of the current fiscal year.
  8. FY2023-Q3Balance updatedAnnual report

    「At the end of the third quarter of the current fiscal year, total assets of our group increased by ¥59,980 million from the end of the previous fiscal year to ¥788,167 million. The main components of the increase in total assets were an increase of ¥29,420 million in inventories, an increase of ¥8,573 million in notes and accounts receivable and contract assets, and an increase of ¥7,310 million in electronically recorded monetary claims.」

    The balances of inventories, trade receivables and electronically recorded monetary claims increased from the end of the previous fiscal year in response to higher raw material and fuel market prices and measures to correct selling prices.
  9. FY2023-Q2Balance updatedAnnual report

    「Inventories increased, mainly because raw material market prices rose.」

    Inventories increased by ¥27,657 million from the end of the previous fiscal year, mainly because raw material market prices rose, updating the reported figure.
  10. FY2023-Q1Balance updatedAnnual report

    「• Inventories increased, mainly because raw material market prices rose.」

    Inventories increased by ¥24,117 million from the end of the previous fiscal year, mainly because raw material market prices rose.
  11. FY2022Update on full-year balanceAnnual report

    「Inventories, and notes and accounts receivable and contract assets, increased mainly because raw material market prices rose, production was adjusted to meet firm demand, and sales increased.」

    Inventories increased by ¥56,092 million from the end of the previous fiscal year, while notes and accounts receivable and contract assets increased by ¥15,057 million, updating the full-year figures to reflect higher balances resulting from production adjustments in response to higher raw material prices and recovering demand.
  12. FY2022-Q3Balance updatedAnnual report

    「Inventories, and notes and accounts receivable and contract assets, increased mainly because raw material market prices rose, production was adjusted to meet firm demand, and sales increased.」

    Inventories increased by ¥41,341 million from the end of the previous fiscal year, while notes and accounts receivable and contract assets increased by ¥12,724 million, updating the balances.
  13. FY2022-Q2ReframedAnnual report

    「Inventories increased, mainly because raw material market prices rose and production was adjusted to meet firm demand.」

    The focus has shifted from the previous decrease in inventories against a backdrop of lower sales to an increase resulting from higher raw material market prices and production adjustments to meet firm demand.
  14. FY2022-Q1ReframedAnnual report

    「Inventories increased, mainly because production was adjusted to meet strong demand and raw material market prices rose.」

    The focus has shifted from the previous decrease in inventories against a backdrop of lower sales to an increase in inventories resulting from production adjustments to meet strong demand and higher raw material market prices.
  15. FY2021-Q3RestatedAnnual report

    「Notes and accounts receivable and inventories decreased, mainly because of lower sales.」

    The decrease in accounts receivable and inventories against a backdrop of lower sales is described again.
  16. FY2021-Q2RestatedAnnual report

    「Notes and accounts receivable and inventories decreased, mainly because of lower sales.」

    The shift from an increase in inventories resulting from measures to meet strong demand to decreases in accounts receivable and inventories against a backdrop of lower sales continues.
  17. FY2021-Q1RestatedAnnual report

    「Notes and accounts receivable and inventories decreased, mainly because of lower sales.」

    The shift from an increase in inventories resulting from production adjustments to meet strong demand to a decrease in inventories against a backdrop of lower sales continues.
  18. FY2020-Q2ReframedAnnual report

    「Notes and accounts receivable and inventories decreased, mainly because of lower sales.」

    The focus has shifted from the previous increase in inventories resulting from securing appropriate inventory in response to strong demand and increased order volumes to a decrease in inventories against a backdrop of lower sales.
  19. FY2020-Q1Balance updatedAnnual report

    「Increase in inventories of ¥3,580 million」

    Inventories increased by ¥3,580 million from the end of the previous fiscal year, updating the balance recorded in FY2020-Q1.
  20. FY2019Update on full-year balanceAnnual report

    「Inventories increased from the end of the previous fiscal year, mainly because production was adjusted to meet strong demand.」

    In response to strong demand, production adjustments resulted in inventories increasing by ¥17,482 million from the end of the previous fiscal year, updating the full-year figure.
  21. FY2019-Q3Balance updatedAnnual report

    「Inventories increased from the end of the previous fiscal year, mainly because production was adjusted to meet strong demand.」

    In response to strong demand, production adjustments resulted in inventories increasing by ¥17,522 million from the end of the previous fiscal year, updating the reported figure.
  22. FY2019-Q2Balance updatedAnnual report

    「Inventories increased from the end of the previous fiscal year, mainly because we secured appropriate inventory to meet strong demand.」

    As a result of securing appropriate inventory to meet strong demand, inventories increased by ¥15,358 million from the end of the previous fiscal year.
  23. FY2019-Q1First statedAnnual report

    「With the exception of certain products, we manufacture to order. Inventories increased from the end of the previous fiscal year, mainly because we secured appropriate inventory in response to the increase in order volumes during the current fiscal year.」

    As a result of securing appropriate inventory in response to increased order volumes, inventories increased by ¥8,265 million from the end of the previous fiscal year.
Moved together

"Revenue and ordinary profit decline, while profit attributable to owners of the parent increases" moved the same way as this thread, in the same document, in 2 of its 23 moves.

222★123
  1. ★This thread
  2. 1Revenue and ordinary profit decline, while profit attributable to owners of the parent increases2×
  3. 2Economic Conditions, Competition, Automaker Production Trends and Bargaining Power2×
  4. 3Managing Funding Liquidity through CMS and Commitment Lines2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Daido Steel's next results are scheduled for 2026-10-29. Read the earnings preview
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