Risk of excess inventory and inventory write-downs due to demand fluctuations
First written in FY2023. 1 of 2 entries say "Materialised", first in FY2026. Latest entry: FY2026.
Japan Cash Machine moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2025: 10 of 22 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The amount of inventories recognized in the consolidated financial statements for the current consolidated fiscal year was ¥12,969.572 million, and an inventory write-down of ¥815.269 million was included in cost of sales.」
The risk of excess and slow-moving inventory resulting from changes in demand forecasts and market size has materialized in the form of an ¥815 million inventory write-down. - FY2023First statedAnnual report
「If order volumes decline, the Group's operating results and financial position may be affected by the occurrence of excess inventory and the resulting recognition of inventory write-downs, disposal losses and other costs.」
In relation to the policy of maintaining a certain level of inventory, the company has separately identified the risks of excess inventory, write-downs and disposal losses resulting from order declines exceeding demand forecasts or a contraction in market size.