Optimizing Distribution Inventories
First written in FY2019-Q1. 9 of 30 entries say "Advanced", first in FY2020. Latest entry: 2026-10-14.
The whole theme swung hardest in 2026: 23 of 41 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual 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 inventory optimisation, the company states that it almost completely cleared inventories of household refrigerators and washing machines that had been written down in fiscal 2025. Merchandise and finished goods at the end of the first half also decreased by ¥115 million from the end of the previous fiscal year. - FY2026Inventory Disposal and Higher Storage Costs Associated with Business DownsizingAnnual report
「Operating income fell substantially short of the initial forecast because the sharp decline in sales during the fourth quarter, the peak demand season, reduced profit and inventory storage fees increased, among other factors." The company recorded ¥60 million in disposal costs for products and materials and ¥356 million in inventory write-downs.」
As sales of household refrigerators and washing machines declined, inventory storage fees increased, and the company recorded ¥60 million in disposal costs for products and materials and ¥356 million in inventory write-downs in connection with the downsizing of the business. - FY2026-H1Increase in inventoriesAnnual report
「The main components were increases of ¥551 million in merchandise and finished goods and ¥141 million in cash and deposits, offset by decreases of ¥688 million in notes receivable, accounts receivable and contract assets and ¥125 million in other current assets." The main components were a ¥688 million decrease in trade receivables and contract assets, ¥190 million in depreciation and amortisation, a ¥63 million increase in the provision for bonuses, and other increases of ¥194 million, partly offset by a pretax interim net loss of ¥430 million and a ¥641 million increase in inventories.」
Against the inventory reduction trend in the previous fiscal year, merchandise and finished goods increased by ¥551 million from the end of the previous fiscal year, while operating cash flow included a ¥641 million outflow from the increase in inventories. - FY2025Inventory increase and logistics cost overrunAnnual report
「On the profit side, operating income declined from the previous fiscal year, in addition to the decrease in revenue, because inventories of refrigerators, washing machines and other products increased, and logistics costs, including outsourced warehouse fees, exceeded the initial budget, among other factors.」
In contrast to the previous drive to strengthen inventory management and reduce inventories, higher inventories of refrigerators, washing machines and other products and the overrun in logistics costs, including outsourced warehouse fees, put pressure on profit. - FY2025-H1Merchandise and finished goods inventory increaseAnnual report
「Merchandise and finished goods ¥2,126.592 million ¥2,137.393 million" Changes in inventories (a decrease is shown as △) △ ¥33.895 million」
Merchandise and finished goods increased from ¥2,126.592 million at the end of the previous fiscal year to ¥2,137.393 million at the end of the first half. Cash flow also included a ¥33.895 million outflow from the increase in inventories. - FY2025-Q1Merchandise and finished goods inventory decreaseAnnual report
「Merchandise and finished goods ¥2,126.592 million ¥1,970.687 million」
Merchandise and finished goods decreased from ¥2,126.592 million at the end of the previous fiscal year to ¥1,970.687 million at the end of the first quarter. The text does not explicitly attribute the decrease to stronger inventory management. - FY2024Continued increase in merchandise and finished goods inventoryAnnual report
「Meanwhile, merchandise and finished goods increased by ¥522 million.」
In contrast to the previous trend of inventory reductions and working capital efficiency initiatives, merchandise and finished goods increased by ¥522 million from the end of the previous fiscal year during the current fiscal year. - FY2024-Q3Continued and expanding increase in merchandise and finished goods inventoryAnnual report
「Collection of trade receivables from the new-life sales campaign progressed, reducing notes receivable, accounts receivable and contract assets by ¥887 million. Meanwhile, merchandise and finished goods increased by ¥545 million.」
While collection of trade receivables progressed, merchandise and finished goods increased by ¥545 million from the end of the previous fiscal year, and the increase continued after the inventory reduction trend through the previous quarter. - FY2024-Q2Merchandise and finished goods inventory increaseAnnual report
「Meanwhile, merchandise and finished goods increased by ¥184 million.」
Merchandise and finished goods increased by ¥184 million from the end of the previous fiscal year. In contrast to the previous trend of inventory reductions and working capital efficiency initiatives, inventories increased during the quarter. - FY2024-Q1Merchandise and finished goods inventory increaseAnnual report
「Total assets stood at ¥10,837 million at the end of the first quarter, down ¥293 million from the end of the previous fiscal year. Collection of trade receivables from the new-life sales campaign progressed, reducing notes receivable, accounts receivable and contract assets by ¥507 million. Meanwhile, merchandise and finished goods increased by ¥138 million.」
While inventory reductions and working capital efficiency initiatives had been described through the previous fiscal year, merchandise and finished goods increased by ¥138 million from the end of the previous fiscal year as of the end of the first quarter. - FY2023Merchandise and finished goods inventory decreaseAnnual report
「The main components were a ¥473 million decrease in cash and deposits, a ¥522 million increase in notes and accounts receivable, a ¥361 million decrease in merchandise and finished goods, and a ¥200 million increase in intangible assets.」
Merchandise and finished goods decreased by ¥361 million from the end of the previous fiscal year. Although the inventory decline is continuing, this disclosure does not indicate a direct causal relationship with stronger inventory management. - FY2023-Q3Continued decrease in merchandise and finished goods inventoryAnnual report
「Merchandise and finished goods ¥1,968.448 million ¥1,910.732 million」
Merchandise and finished goods decreased from ¥1,968.448 million at the end of the previous fiscal year to ¥1,910.732 million. The text does not explicitly attribute the decrease to stronger inventory management. - FY2023-Q2AdvancedAnnual report
「Collection of trade receivables reduced notes receivable, accounts receivable and contract assets by ¥345 million, compared with notes and accounts receivable at the end of the previous fiscal year. Production was adjusted in line with the decline in sales in the home appliance business, reducing merchandise and finished goods by ¥208 million.」
Production adjustments in line with the decline in sales in the home appliance business reduced merchandise and finished goods by ¥208 million from the end of the previous fiscal year. Inventory reductions also progressed in the second quarter. - FY2023-Q1Continued decrease in merchandise and finished goods inventoryAnnual report
「Merchandise and finished goods ¥1,968.448 million ¥1,858.525 million」
Merchandise and finished goods decreased from ¥1,968.448 million at the end of the previous fiscal year to ¥1,858.525 million at the end of the first quarter. The text does not explicitly attribute the decrease to stronger inventory management. - FY2022Merchandise and finished goods inventory decreaseAnnual report
「Merchandise and finished goods ¥2,022.756 million ¥1,968.448 million" Changes in inventories (a decrease is shown as △) ¥211.738 million ¥77.799 million」
Merchandise and finished goods decreased from ¥2,022.756 million at the end of the previous fiscal year to ¥1,968.448 million, while cash flow from operating activities included a ¥77.799 million decrease in inventories. - FY2022-Q3RestatedAnnual report
「The main components were decreases of ¥1,322 million in cash and deposits and ¥1,480 million in notes and accounts receivable, and an increase of ¥665 million in merchandise and finished goods.」
Compared with the end of the previous fiscal year, when inventory reductions were being pursued, merchandise and finished goods increased by ¥665 million. Inventories have continued to increase. - FY2022-Q2Merchandise and finished goods inventory increaseAnnual report
「The main components were decreases of ¥795 million in cash and deposits and ¥1,480 million in notes and accounts receivable, and an increase of ¥689 million in merchandise and finished goods." Sales to the consumer electronics retail market recently slowed, among other factors, resulting in an outflow of ¥737 million from the increase in inventories.」
Against the inventory reductions pursued through the previous fiscal year, merchandise and finished goods increased by ¥689 million from the end of the previous fiscal year as of the end of the second quarter, and the cash outflow from the increase in inventories amounted to ¥737 million. The slowdown in sales to the consumer electronics retail market was cited as the background. - FY2022-Q1Merchandise and finished goods inventory increaseAnnual report
「The main components were a ¥1,496 million decrease in notes and accounts receivable and a ¥476 million increase in merchandise and finished goods.」
While inventory reductions and working capital efficiency initiatives had been pursued through the previous fiscal year, merchandise and finished goods increased by ¥476 million from the end of the previous fiscal year as of the end of the first quarter. - FY2021AdvancedAnnual report
「As working capital became more efficient due to strengthened inventory management, merchandise and finished goods decreased by ¥541 million.」
Merchandise and finished goods decreased by ¥541 million through stronger inventory management, indicating progress in inventory optimisation and working capital efficiency. On the consolidated balance sheet, merchandise and finished goods also decreased by ¥520 million from the end of the previous fiscal year. - FY2021-Q3AdvancedAnnual report
「Notes and accounts receivable decreased by ¥1,000 million, merchandise and finished goods decreased by ¥852 million, and investment securities decreased by ¥110 million as a result of the sale of policy shares.」
Merchandise and finished goods decreased by ¥852 million from the end of the previous fiscal year, while notes and accounts receivable also decreased by ¥1,000 million. The reduction of total assets, including inventories, is continuing. - FY2021-Q2AdvancedAnnual report
「While securing sufficient liquidity on hand in consideration of business-environment risks from COVID-19, the company has reduced interest-bearing debt by reducing total assets through measures including cutting inventories, reducing notes and accounts receivable, and scaling back policy shareholdings.」
It states that the company is reducing total assets, including inventories, and that merchandise and finished goods decreased by ¥590 million from the end of the previous fiscal year, while inventories in cash flow terms decreased by ¥596 million. - FY2021-Q1Distribution inventory adjustment and merchandise inventory decreaseAnnual report
「The company was affected by a decline in visitor numbers and adjustments to distribution inventories, among other factors.」
It refers to adjustments to distribution inventories associated with the spread of COVID-19. Merchandise and finished goods decreased by ¥138 million from the end of the previous fiscal year, but the company does not explicitly attribute this to the previously strengthened inventory management. - FY2020AdvancedAnnual report
「As working capital became more efficient due to strengthened inventory management, merchandise and finished goods decreased by ¥541 million.」
It explains that merchandise and finished goods decreased by ¥541 million through stronger inventory management, and that cash flow from operating activities improved to an inflow of ¥1,535 million. - FY2020-Q2Inventory declinesAnnual report
「The main components were a quarterly net loss before income taxes and other adjustments of ¥180 million, depreciation and amortization of ¥235 million, a ¥227 million decrease in trade receivables, and a ¥123 million decrease in inventories.」
As a component of cash flow from operating activities, the Company disclosed a ¥123 million decrease in inventories. Although the figure turned to a decrease from the increase in inventories of high-priced products reported in the previous period, the Company does not describe the breakdown of those inventories or a direct connection with inventory optimization. - FY2019Increase in inventories of high-priced productsAnnual report
「The increase in inventories of high-priced products, including refrigerators and freezers for demand related to the spring moving season, resulted in a ¥640 million increase in inventories.」
Although the Company had identified optimizing distribution inventories as a measure, it explains that inventories of high-priced products for spring moving-season demand increased during the fiscal year and that cash flow from operating activities was an outflow of ¥1 million. - FY2019-Q1First statedAnnual report
「Optimizing distribution inventories」
The Company mentions optimizing distribution inventories as a specific measure for the first time. Along with the decline in retail shelf space caused by delays in launching new products, it explains this as a factor behind the decrease in first-quarter net sales.