Inventory valuation loss due to failure to meet the sales plan
First written in FY2016. 3 of 7 entries say "Worsened", first in FY2019. Latest entry: FY2026.
Daikoku Denki moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2018: 11 of 39 companies on the "Worse" side.
35 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The closing inventory balance is stated after a write-down of carrying value due to reduced profitability, and the following inventory write-down is included in cost of sales: ¥158.542 million」
The inventory write-down increased from ¥80.972 million in the year-earlier period to ¥158.542 million, indicating a greater impact from valuation risk associated with fluctuations in sales and demand. - FY2024MitigatedAnnual report
「The closing inventory balance is stated after a write-down of carrying value due to reduced profitability, and the following inventory write-down is included in cost of sales: ¥64.284 million」
The inventory write-down decreased from ¥180.036 million in the previous consolidated fiscal year to ¥64.284 million. Although a write-down remains, the amount of the impact has declined. - FY2022WorsenedAnnual report
「2. The closing inventory balance is stated after a write-down of carrying value due to reduced profitability, and the following inventory write-down is included in cost of sales.」
The inventory write-down increased from ¥24.890 million to ¥122.028 million, indicating a greater impact from valuation risk associated with fluctuations in sales and demand. - FY2021MitigatedAnnual report
「The closing inventory balance is stated after a write-down of carrying value due to reduced profitability, and the following inventory write-down is included in cost of sales: ¥24.890 million」
The inventory write-down decreased from ¥200.303 million in the previous period to ¥24.890 million, but a write-down was still recognised. - FY2019WorsenedAnnual report
「The closing inventory balance is stated after a write-down of carrying value due to reduced profitability, and the following inventory write-down is included in cost of sales: ¥328.753 million」
The inventory write-down increased from ¥106.156 million in the previous period to ¥328.753 million, indicating a greater impact from valuation risk associated with fluctuations in sales and demand. - FY2018MaterialisedAnnual report
「The closing inventory balance is stated after a write-down of carrying value due to reduced profitability, and the following inventory write-down is included in cost of sales: ¥106.156 million」
An inventory write-down of ¥106.156 million was recognised during the period, showing that valuation risk associated with fluctuations in sales and demand continues to materialise. - FY2016First statedAnnual report
「As actual sales fell below the original plan, we recognised an operating loss of ¥778 million from the revaluation of procured inventories.」
This shows that failure to meet the sales plan resulted in inventory revaluations and the recognition of an operating loss.