Disposal of Long-Held Maintenance Inventory Due to Demand Fluctuations
First written in FY2016. 12 of 18 entries say "Worsened", first in FY2023-Q2. Latest entry: 2026-07-30.
Nippon Avionics moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 23 of 41 companies on the "Worse" side.
15 other companies' latest entry also says "Worsened".
- 2026-07-30WorsenedEarnings
「Inventories 4,893 4,988」
Inventories increased by ¥95 million from the end of the previous consolidated fiscal year, indicating greater inventory exposure related to long-term maintenance stocks and demand fluctuations. - FY2026WorsenedAnnual report
「Inventories 4,246 4,893」
Inventories increased by ¥647 million from ¥4,246 million at the end of the previous fiscal year to ¥4,893 million, and inventory exposure increased. Meanwhile, inventory valuation losses decreased from ¥51 million to ¥44 million. - 2026-05-12WorsenedRevision of earnings forecasts
「This was mainly because funds decreased as trade receivables and contract assets and inventories increased, despite an increase in profit before income taxes.」
Inventories increased by ¥647 million, from ¥4,246 million at the end of the previous fiscal year to ¥4,893 million, indicating greater inventory exposure related to long-term maintenance stocks and demand fluctuations. - FY2026-H1WorsenedAnnual report
「Inventories 4,246 4,812」
Inventories increased by ¥566 million from ¥4,246 million at the end of the previous consolidated fiscal year to ¥4,812 million, and inventory exposure associated with long-term maintenance inventories and demand fluctuations increased. - FY2025WorsenedAnnual report
「Inventories 3,825 4,246」
Inventories increased by ¥421 million from ¥3,825 million at the end of the previous fiscal year to ¥4,246 million, and inventory exposure associated with long-term maintenance inventories and demand fluctuations increased. Meanwhile, inventory valuation losses decreased from ¥67 million to ¥51 million. - FY2025-H1WorsenedAnnual report
「Inventories 3,825 3,973」
Inventories increased by ¥148 million from ¥3,825 million at the end of the previous consolidated fiscal year to ¥3,973 million, and inventory exposure associated with long-term maintenance inventories and demand fluctuations increased. - FY2024WorsenedAnnual report
「Inventories 3,398 3,825」
Inventories increased by ¥427 million from ¥3,398 million at the end of the previous fiscal year to ¥3,825 million, and inventory exposure associated with long-term maintenance inventories and demand fluctuations increased. Inventory valuation losses amounted to ¥67 million. - FY2024-Q3WorsenedAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥1,897 million from the end of the previous consolidated fiscal year to ¥25,861 million. This was mainly because notes and accounts receivable and contract assets increased by ¥2,358 million and inventories increased by ¥356 million, while cash and deposits decreased by ¥961 million.」
Inventories increased by ¥356 million from the end of the previous fiscal year to ¥3,754 million, and inventory exposure increased. - FY2024-Q2WorsenedAnnual report
「Inventories 3,398 3,816」
Inventories increased by ¥418 million from ¥3,398 million at the end of the previous consolidated fiscal year to ¥3,816 million, and inventory exposure associated with long-term maintenance inventories and demand fluctuations increased. - FY2024-Q1WorsenedAnnual report
「Inventories 3,398 3,616」
Inventories increased by ¥218 million from ¥3,398 million at the end of the previous consolidated fiscal year to ¥3,616 million. Inventory exposure increased during the quarter. - FY2023Increase in inventory balance and reversal of valuation lossesAnnual report
「Inventories increased from ¥3,206 million to ¥3,398 million.」
While the inventory balance increased by ¥192 million from the end of the previous fiscal year, inventory valuation losses decreased from ¥179 million in the previous fiscal year to a ¥11 million reversal in the current fiscal year. Increased inventory exposure and a lower valuation-loss burden occurred concurrently. - FY2023-Q3WorsenedAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥596 million from the end of the previous consolidated fiscal year to ¥23,655 million. This was mainly because notes and accounts receivable and contract assets increased by ¥1,385 million and inventories increased by ¥451 million, while cash and deposits decreased by ¥1,144 million.」
Inventories increased by ¥451 million from the end of the previous fiscal year to ¥3,657 million, and inventory exposure associated with long-term maintenance inventories and demand fluctuations increased. - FY2023-Q2WorsenedAnnual report
「This was mainly because cash and deposits decreased by ¥427 million and land decreased by ¥255 million, while inventories increased by ¥302 million.」
Inventories increased by ¥302 million from the end of the previous consolidated fiscal year to ¥3,509 million, indicating a numerical increase in inventory exposure associated with long-term maintenance inventories and demand fluctuations. - FY2022MitigatedAnnual report
「The inventory balance at the end of the period is stated at the amount after the book value had been written down due to lower profitability, and inventory valuation losses for the current consolidated fiscal year amounted to ¥179 million.」
Inventory valuation losses decreased from ¥315 million in the previous fiscal year to ¥179 million, while the inventory balance also decreased from ¥4,234 million to ¥3,206 million. - FY2021MaterialisedAnnual report
「The inventory balance at the end of the period is stated at the amount after the book value has been written down due to lower profitability, and the following inventory valuation gains (△) or inventory valuation losses are included in cost of sales.」
Inventory valuation losses for the current fiscal year amounted to ¥315 million, meaning that the risk of inventory valuation losses due to long-term maintenance inventories and demand fluctuations materialized as an actual expense. The inventory balance also increased from ¥3,744 million to ¥4,234 million. - FY2018RestatedAnnual report
「For information systems products, inventories of maintenance parts and other items are expected to arise due to their long product life cycles, while inventories of products for private-sector demand are expected to arise due to sharp changes in demand trends and other factors.」
Continued to describe the risk of inventory valuation losses and disposal losses associated with long-term maintenance inventories and fluctuations in demand for products for private-sector demand. - FY2017RestatedAnnual report
「For information systems products, inventories of maintenance parts and other items are expected to arise due to their long product life cycles, while inventories of products for private-sector demand are expected to arise due to sharp changes in demand trends and other factors.」
Continued to describe the risk of inventory valuation losses and disposal losses associated with long-term maintenance inventories and fluctuations in demand for products for private-sector demand. - FY2016First statedAnnual report
「For information systems products, inventories of maintenance parts and other items are expected to arise due to their long product life cycles, while inventories of products for private-sector demand are expected to arise due to sharp changes in demand trends and other factors.」
The potential for inventory valuation losses and disposal losses was described alongside efforts to improve processes, including shortening lead times.