Excess inventory and inventory valuation losses caused by abrupt demand changes or mistimed product launches
First written in FY2022. 5 of 7 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2022: 13 of 37 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Merchandise increased by ¥103.444 million, or 22.8%, due to higher purchases of products for the first-half season.」
The company disclosed a higher merchandise balance due to purchases of first-half season products. No excess inventory or inventory write-downs were reported. - FY2025MitigatedAnnual report
「To reduce this risk, we aim to further improve inventory sell-through by controlling distribution volumes across multiple sales channels, including stores and domestic and overseas e-commerce sites, through timely transfers of inventory between locations using systems and distribution warehouses.」
Specific measures include inventory transfers and distribution-volume management using systems, distribution warehouses, and multiple sales channels. - 2026-03-05RestatedGeneral Meetings of Shareholders
「Inventories are stated at cost determined using the moving-average method, with balance-sheet values calculated by writing down the book value when profitability declines.」
Inventories of ¥453.608 million were recorded, and the uncertainty surrounding write-downs for declining profitability and sales prospects continues to be disclosed. - FY2024RestatedAnnual report
「If demand changes abruptly or products are launched at the wrong time, actual sales volumes may differ from forecasts and excess inventory may arise. In that event, inventory write-downs may be recognized, affecting our financial performance and financial position.」
The company continues to disclose the risks of excess inventory and inventory write-downs caused by abrupt demand changes or mistimed launches. - FY2024-Q1RestatedAnnual report
「Merchandise increased by ¥235.679 million, or 63.8%, due to higher product purchases.」
The company disclosed a higher merchandise balance due to increased purchases. No excess inventory or inventory write-downs were reported; the underlying inventory risk remains unchanged. - FY2023-Q3RestatedAnnual report
「Trade receivables increased by ¥186.618 million, or 52.7%, as the 23AW collection began to launch, while merchandise increased by ¥309.019 million, or 101.8%, due to higher product purchases.」
The company disclosed higher trade receivables and merchandise balances associated with the launch of the 23AW collection. No excess inventory or inventory write-downs were reported. - FY2022First statedAnnual report
「If demand changes abruptly or products are launched at the wrong time, actual sales volumes may differ from forecasts and excess inventory may arise. In that event, inventory write-downs may be recognized, affecting our financial performance and financial position.」
The company identifies excess inventory and inventory write-downs caused by forecasting errors or mistimed product launches as risks, and seeks to improve inventory sell-through by moving inventory between multiple channels.