Raw Material Inventory Risk from Divergence Between Demand Forecasts and Actual Demand
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 13 of 37 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「We execute raw material procurement plans approximately 6 months in advance after assessing trends in customer demand for products and raw material inventory levels.」
The company continues to address the risk of divergence between demand forecasts and actual demand associated with executing procurement plans approximately 6 months in advance, and efforts to improve forecast accuracy. - FY2023RestatedAnnual report
「We execute raw material procurement plans approximately 6 months in advance after assessing trends in customer demand for products and raw material inventory levels.」
The company continues to describe the risk of divergence between demand forecasts and actual demand associated with executing procurement plans approximately 6 months in advance, as well as analysis of the factors behind divergences and efforts to improve accuracy. - FY2022RestatedAnnual report
「We execute procurement plans approximately 6 months in advance. Accordingly, we continually work to analyze the factors behind divergences between plans based on actual demand forecasts for procurement, sales and inventory and actual results, and to improve forecast accuracy.」
The company continues to describe the risk of raw material inventory arising from divergence between demand forecasts and actual demand, as well as its response through improved forecast accuracy. - FY2021First statedAnnual report
「If a significant divergence from customer demand occurs, this may affect our business and performance, including through a resulting decline in raw material inventory turnover.」
Because procurement plans are executed approximately 6 months in advance, the company recognizes the divergence between demand forecasts and actual results as a risk. It is working to analyze the procurement, sales and inventory plans and improve their accuracy.