Risk of inventory valuation losses due to declining demand and obsolescence
First written in FY2020. 1 of 5 entries say "Materialised", first in FY2022. Latest entry: FY2026.
Alps Alpine moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 23 of 41 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「During the current consolidated fiscal year, a reversal gain on inventory write-downs of ¥1.961 billion was included in cost of sales.」
Regarding the risks of lower demand, inventory accumulation and obsolescence, a reversal gain on inventory write-downs of ¥1.961 billion was recognized, showing an improvement from the inventory write-down recognized in the previous fiscal year. - FY2024-Q1RestatedAnnual report
「The difficult situation continues, including declining demand due to inventory adjustments for consumer and automotive electronic components.」
Regarding the risks related to lower demand, inventory accumulation and obsolescence, lower demand resulting from inventory adjustments for consumer and automotive electronic components continued to be cited as a business-environment factor. However, no new inventory write-down for the quarter was disclosed. - FY2023WorsenedAnnual report
「The inventory balance at the end of the period is stated at the amount after being written down to reflect lower profitability. During the current consolidated fiscal year, an inventory write-down of ¥2.880 billion was included in cost of sales.」
Regarding the risks of lower demand, inventory accumulation and obsolescence, the inventory write-down increased from ¥1.662 billion in the previous fiscal year to ¥2.880 billion. - FY2022MaterialisedAnnual report
「During the current consolidated fiscal year, an inventory write-down of ¥1.662 billion was included in cost of sales.」
Regarding the risks of lower demand, inventory accumulation and obsolescence, an inventory write-down of ¥1.662 billion was actually recognized for the full fiscal year. - FY2020First statedAnnual report
「If lower customer demand resulting from a deterioration in market conditions or changes in product life cycles causes a decline in the profitability of inventories, inventory accumulation or obsolescence, additional inventory write-downs may be required in the future.」
The possibility of additional inventory write-downs due to lower demand, inventory accumulation and obsolescence was described as a key risk in significant accounting estimates.