Recognition of Inventory Write-Downs
First written in FY2024-Q1. 1 of 4 entries say "Restated". Latest entry: FY2025.
SK-Electronics moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 5 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Inventories held for ordinary sales purposes are recognised at the amount after a write-down to book value due to declining profitability. The following inventory write-downs are included in cost of sales (△ indicates a reversal): △ ¥165.052 million ¥29.068 million」
The amount changed from a ¥165 million reversal of an inventory write-down in the previous fiscal year to a ¥29 million inventory write-down recognised in the current fiscal year. The impact of inventory write-downs has reappeared in the results. - FY2024MitigatedAnnual report
「Inventories held for ordinary sales purposes are recognised at the amount after a write-down to book value due to declining profitability. The following inventory write-down is included in cost of sales (△ indicates a reversal): △ ¥165.052 million」
The inventory write-down cited as a factor behind the decline in operating profit in the first and second quarters resulted in a reversal of ¥165.052 million for the full fiscal year. - FY2024-Q2RestatedAnnual report
「As for profit, operating profit was ¥852 million, down 65.6% year on year, due to the recognition of an inventory valuation loss」
The inventory write-down was again cited as a factor behind the decline in operating profit for the cumulative second-quarter period. The amount of the write-down itself was not stated in the main text. - FY2024-Q1First statedAnnual report
「Profit was affected by the recognition of an inventory write-down, resulting in operating profit of ¥442 million, down 68.0% year on year.」
The Company stated that an inventory write-down was recognised in the first quarter and was a factor behind the decline in operating profit.