Risk of Inventory Write-Downs Due to Changes in Demand for Merchandise and Products
First written in FY2023. 3 of 8 entries say "Worsened", first in FY2024. Latest entry: 2026-10-14.
The whole theme swung hardest in 2026: 23 of 41 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- 2026-10-14MitigatedEarnings presentation
「③前期実施の評価損在庫の販売による損失抑制」
前期に評価損を計上した在庫の販売により、当中間期の損失拡大が抑制されたと記載している。 - FY2027-H1MitigatedAnnual report
「In its consumer sales channels, the company almost completely cleared inventories of household refrigerators and washing machines that had been written down in fiscal 2025.」
Regarding the inventory and valuation-loss risk for household refrigerators and washing machines, which had expanded substantially in the previous fiscal year, the Company stated that it had almost eliminated the inventory subject to impairment. - FY2026WorsenedAnnual report
「Ending inventories are stated after write-downs to reflect reduced profitability, and the following inventory valuation losses are included in cost of sales. Cost of sales ¥37.490 million ¥356.730 million」
The risk of valuation losses associated with changes in demand conditions and sales forecasts actually expanded, with inventory valuation losses increasing from ¥37.490 million in the previous fiscal year to ¥356.730 million. - FY2025RestatedAnnual report
「If changes in demand conditions or other factors require a revision to future sales forecasts, or if net realizable value must be revised, additional inventory valuation losses on merchandise and finished goods may be recognized in the following fiscal year.」
The Company continues to disclose the possibility of additional inventory valuation losses in the following fiscal year due to changes in demand conditions or sales forecasts for merchandise and finished goods. Merchandise and finished goods at the end of the current fiscal year amounted to ¥2,177.769 million, and valuation losses included in cost of sales were ¥37.490 million. - FY2024WorsenedAnnual report
「Merchandise and finished goods are stated on the balance sheet at cost. If net realizable value at the end of the fiscal year has fallen below cost, they are stated at net realizable value. Inventory valuation losses recognized in cost of sales during the current fiscal year were ¥39.515 million. Inventory valuation losses recognized as extraordinary losses during the current fiscal year were ¥25.729 million.」
Merchandise and finished goods inventories amounted to ¥2,126.592 million, while valuation losses increased to ¥39.515 million in cost of sales and ¥25.729 million in extraordinary losses. The possibility of additional recognition due to revisions to demand conditions and sales forecasts remains. - FY2023First statedAnnual report
「Merchandise and finished goods 1,968,448 1,607,251. Ending inventories are stated after write-downs to reflect reduced profitability, and the following inventory valuation losses are included in cost of sales. Current consolidated fiscal year ¥12.875 million. If changes in demand conditions or other factors require a revision to future sales forecasts, or if net realizable value must be revised, additional inventory valuation losses on merchandise and finished goods may be recognized in the following consolidated fiscal year.」
The Company held ¥1,607.251 million of merchandise and finished goods and recognized an inventory valuation loss of ¥12.875 million during the current fiscal year. It explicitly stated that additional valuation losses may arise in the following fiscal year if demand conditions or future sales forecasts change.