Risk of additional inventory write-downs due to changes in product demand
First written in FY2022. 5 of 7 entries say "Restated". Latest entry: FY2026.
Tomita Electric moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2018: 11 of 37 companies on the "Worse" side.
41 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The ending inventory balance is stated at the amount after being written down to reflect lower profitability, and the following inventory write-downs are included in cost of sales. The amounts below are net of reversals. ¥38.764 million ¥52.917 million」
Inventory write-downs increased from ¥38.764 million in the previous period to ¥52.917 million in the current period. The possibility of additional write-downs due to changes in product demand and inventory conditions continues to be disclosed. - FY2024RestatedAnnual report
「If inventory conditions change due to product demand or other factors that were not initially anticipated, additional inventory write-downs may be recognized in the following consolidated fiscal year.」
The possibility of additional write-downs in the following fiscal year due to changes in product demand and inventory conditions continues to be disclosed. Inventory write-downs for the current period were ¥138 thousand, down from ¥13.823 million in the previous period. - FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes to the previously disclosed risks, including the risk of additional inventory write-downs due to changes in product demand. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes to the previously disclosed risks, including the risk of additional inventory write-downs due to changes in product demand. - FY2023-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes to the previously disclosed risks, including the risk of additional inventory write-downs due to changes in product demand. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes to the previously disclosed risks, including the risk of additional inventory write-downs due to changes in product demand. - FY2022First statedAnnual report
「If inventory conditions change due to product demand or other factors that were not initially anticipated, additional inventory write-downs may be recognized in the following consolidated fiscal year.」
As significant accounting estimates, the company recorded merchandise and finished goods of ¥208.519 million, work in progress of ¥243.029 million, and raw materials and supplies of ¥141.353 million, and disclosed for the first time the possibility of additional inventory write-downs in the following fiscal year due to changes in product demand and inventory conditions.