Weak Audio Equipment Sales Due to Excess Market Inventory
First written in FY2020-Q1. 2 of 5 entries say "Restated". Latest entry: FY2025-H1.
Teac moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
0 other companies' latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「In the BtoC business, orders for new products such as multitrack recorders and recorders for videographers were strong, while current entry-level products remained sluggish because sales of inventory in the distribution channel did not progress.」
The impact of excess market inventory was reflected in actual sales of current entry-level products, as sales of inventory in the distribution channel did not progress and remained sluggish. - FY2024-Q1RestatedAnnual report
「In the BtoC business, although sales were sluggish in some categories, mid- to high-priced products for creators sold strongly.」
In the BtoC business, sales performance continued to vary by category, while mid- to high-priced products for creators were described as performing strongly. - FY2023-Q3MaterialisedAnnual report
「In the BtoC business, sales of new products launched at the end of the previous fiscal year remained strong, while sales of core products that had performed well in the previous year remained sluggish as market inventory turnover declined following the reversal of stay-at-home demand.」
The decline following the reversal of stay-at-home demand reduced market inventory turnover, which was reflected in sluggish sales of core BtoC products. - FY2020-Q3RestatedAnnual report
「In the music production and professional audio equipment business, under the TASCAM brand, sales were generally sluggish in the BtoC business, including handheld recorders and audio interfaces.」
BtoC sales of handheld recorders and other products were sluggish, but this disclosure does not directly attribute the weakness to excess market inventory. - FY2020-Q1First statedAnnual report
「Sales were sluggish, particularly in Europe and North America, due to excess market inventory of handheld recorders. In the BtoB business, live recording mixers sold steadily, while sales of standard CD players for the installed-sound market were sluggish due to excess market inventory.」
Excess market inventory of handheld recorders in Europe and North America and CD players for the installed-sound market became a factor behind sluggish sales.