Slow-Moving Platform Inventory and Write-Downs Due to Changes in Customers’ Investment Plans
First written in FY2019. 9 of 11 entries say "Mitigated", first in FY2021-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 9 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The inventory valuation loss for the consolidated fiscal year was ¥157.665 million.」
The inventory valuation loss decreased from ¥329.142 million in the previous fiscal year to ¥157.665 million, reducing the impact of inventory valuation losses. - 2026-05-11MitigatedResults
「The ending inventory balance is stated after a write-down of its carrying amount due to lower profitability, and the following inventory valuation loss is included in cost of sales.」
棚卸資産評価損は前年の3億2,914万2千円から当期1億5,766万5千円へ減少した。 - FY2026-H1MaterialisedAnnual report
「Impact of valuation losses and other factors: ¥351 million decrease」
Valuation losses and other factors were disclosed as reducing operating profit by ¥351 million, indicating that the risk of valuation losses on inventory and other items affected performance in the interim period. - FY2025MitigatedAnnual report
「The inventory valuation loss for the consolidated fiscal year was ¥329.142 million.」
The inventory valuation loss decreased from ¥888 million in the previous year to ¥329 million, reducing the impact of inventory valuation losses associated with changes in customers’ investment plans and other factors. - FY2022MitigatedAnnual report
「The year-end inventory balance is stated after write-downs to reflect lower profitability, and the inventory valuation loss for the consolidated fiscal year was ¥370.894 million.」
The inventory valuation loss decreased from ¥431.857 million in the previous fiscal year to ¥370.894 million. The impact of inventory valuation losses remains but has diminished. - FY2022-Q1MitigatedAnnual report
「Other (including lower valuation losses and product mix effects): ¥56 million decrease」
It states that lower valuation losses and other factors contributed ¥56 million as an operating profit improvement factor, indicating that the impact of inventory valuation loss risk has diminished. - FY2021MitigatedAnnual report
「Impact of lower valuation losses and reversals of valuation losses, among other factors: ¥615 million increase」
Lower inventory valuation losses and other losses, together with reversals of valuation losses, improved operating profit by ¥615 million. - FY2021-Q3MitigatedAnnual report
「Impact of lower valuation losses and reversals of valuation losses, among other factors: ¥745 million increase」
It states that lower valuation losses on inventory and other items and reversals of valuation losses increased the impact on operating profit by ¥745 million. - FY2021-Q2MitigatedAnnual report
「The MIP project, which aims to shorten lead times and reduce inventory through a review of production methods, progressed smoothly, and profitability improved as accounting valuation losses decreased, among other factors.」
It states that valuation losses on platform and other inventory decreased as production methods were reviewed and the MIP project progressed, improving profitability. - FY2021-Q1MitigatedAnnual report
「Profitability improved because accounting valuation losses on platform inventory, consisting of standard components unaffected by customer-specific customization requirements, decreased by ¥258 million year on year, among other factors.」
It states that valuation losses on platform inventory associated with changes in customers’ investment plans and other factors decreased by ¥258 million year on year, contributing to improved profitability. - FY2019MaterialisedAnnual report
「Following changes in customers’ investment plans, including those resulting from the US-China trade war, platforms and other items procured in advance, consisting of standard components unaffected by customer-specific customization requirements, became slow-moving inventory after exceeding the company’s prescribed holding period, resulting in accounting valuation losses. Operating profit was ¥540 million, down ¥2.961 billion, or 84.6%, from the previous consolidated fiscal year.」
Changes in customers’ investment plans caused standard platforms to become slow-moving inventory, resulting in accounting valuation losses. The disclosed inventory valuation loss was ¥897.887 million.