Risk of inventory obsolescence due to short product life cycles
First written in FY2016. 16 of 19 entries say "Restated". Latest entry: FY2026.
Elecom 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 2026: 23 of 41 companies on the "Worse" side.
9 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The closing inventory balance is the amount after reducing its carrying value due to lower profitability. The following inventory valuation losses (△ indicates a reversal gain on inventory valuation losses) are included in cost of sales: △¥158 million ¥529 million」
The inventory valuation loss changed from a ¥158 million reversal gain in the previous fiscal year to a ¥529 million valuation loss in the current fiscal year. The risks of short product life cycles and obsolescence have emerged as an accounting loss. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in the risk of inventory obsolescence due to short product life cycles. - FY2023RestatedAnnual report
「The market for PCs and digital equipment-related products in which our Group operates has short product life cycles because of rapid technological innovation. Major technological innovations in particular can significantly change end-consumer demand and may cause inventory held at that time to become obsolete.」
The risks of short product life cycles, inventory obsolescence and delays in launching new products, together with the response of monthly disposal and quarterly inventory write-downs, continued to be described. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2021-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the risks or other matters described in the securities report for the previous fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2021-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2021-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2020ReframedAnnual report
「The market for PCs and digital equipment-related products in which our Group operates has short product life cycles because of rapid technological innovation. Major technological innovations in particular can significantly change end-consumer demand and may cause inventory held at that time to become obsolete. Based on experience and prevailing market conditions, our Group prepares for this risk by disposing of inventory monthly and recording prescribed write-downs quarterly. However, if inventory becomes obsolete more rapidly than anticipated, this may affect our Group's operating results. Our Group also develops final products actually used by end users with the cooperation of related parties, including contract manufacturers. If changes in the external environment or other factors prevent us from launching new products that respond to market changes, this may affect our Group's operating results.」
In addition to the existing risk of inventory obsolescence, it explicitly identified the risk of being unable to launch new products in response to market changes. - FY2020-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the risks or other matters described in the securities report for the previous fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2019RestatedAnnual report
「The market for PCs and digital equipment-related products in which our Group operates has short product life cycles because of rapid technological innovation. Major technological innovations in particular can significantly change end-consumer demand and may cause inventory held at that time to become obsolete.」
The risk of short product life cycles and inventory obsolescence, together with the response of monthly disposal and quarterly inventory write-downs, continues to be described. - FY2019-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the risks or other matters described in the securities report for the previous fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no new developments or material changes in the risk of inventory obsolescence due to short product life cycles. - FY2017RestatedAnnual report
「The market for PCs and digital equipment-related products in which our Group operates has short product life cycles because of rapid technological innovation. Major technological innovations in particular can significantly change end-consumer demand and may cause inventory held at that time to become obsolete.」
The risk of short product life cycles and inventory obsolescence, together with the response of monthly disposal and quarterly inventory write-downs, continues to be described. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It explicitly states that there have been no material changes to the risk of inventory obsolescence due to short product life cycles. - FY2017-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It explicitly states that there have been no material changes to the risk of inventory obsolescence due to short product life cycles. - FY2017-Q1RestatedAnnual report
「During the cumulative consolidated period for the first quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It explicitly states that there have been no material changes to the existing risks related to short product life cycles and inventory obsolescence. - FY2016First statedAnnual report
「The market for PCs and digital equipment-related products in which our Group operates has short product life cycles because of rapid technological innovation. Major technological innovations in particular can significantly change end-consumer demand and may cause inventory held at that time to become obsolete.」
Monthly disposal and quarterly inventory write-downs are described as measures to address the risk.