Inventory Slow-Moving and Write-Down Risk
First written in FY2022. 2 of 5 entries say "Worsened", first in FY2023. Latest entry: FY2026.
Tsurumi Manufacturing moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2018: 3 of 7 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The following inventory write-down was included in cost of sales for the current consolidated fiscal year: ¥101 million」
The inventory write-down increased from ¥49 million in the previous fiscal year to ¥101 million, indicating a greater impact from write-downs due to declining profitability. - FY2025MitigatedAnnual report
「The following inventory write-down was included in cost of sales for the current consolidated fiscal year: ¥49 million」
The inventory write-down decreased from ¥55 million in the previous fiscal year to ¥49 million, indicating a smaller impact from write-downs due to stagnation and declining profitability. - FY2024MitigatedAnnual report
「The closing inventory balance is stated after reducing the carrying amount to reflect a decline in profitability, and an inventory write-down of ¥55 million was recorded for the current consolidated fiscal year.」
The inventory write-down decreased from ¥104 million in the previous fiscal year to ¥55 million, indicating a smaller impact from write-downs due to stagnation and declining profitability. - FY2023WorsenedAnnual report
「The closing inventory balance is stated after reducing the carrying amount to reflect a decline in profitability, and an inventory write-down of ¥104 million was recorded for the current consolidated fiscal year.」
The inventory write-down increased from ¥71 million in the previous fiscal year to ¥104 million, indicating a greater impact from write-downs due to inventory stagnation and declining profitability. - FY2022First statedAnnual report
「Inventories are measured using the cost method, with balance sheet amounts reduced to reflect declines in profitability. For standard-specification inventories, which are primarily produced to forecast, and special-specification inventories, which are primarily made to order, we set holding periods and write-down rates appropriate to the nature of each inventory. After considering the likelihood of sale, we calculate and record an inventory write-down by applying the prescribed write-down rate to inventories held beyond the prescribed holding period. For the current consolidated fiscal year, an inventory write-down of ¥71 million was recorded.」
The company discloses as a material accounting estimate its assessment of standard- and special-specification inventories, for which holding periods and write-down rates are set and realizability is considered. An inventory write-down of ¥71 million was recorded in the current period.