Reducing Distribution Inventory
First written in FY2020-Q1. 4 of 11 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 7 of 56 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2026-H1Reaccumulation of distribution inventoryAnnual report
「Merchandise and finished goods 266,209 287,589」
The balance of merchandise and finished goods increased from ¥26,620.9 million at the end of March 2025 to ¥28,758.9 million at the end of September 2025, reversing the inventory reduction reported in the previous fiscal year. - FY2025AdvancedAnnual report
「Merchandise and finished goods 317,485 266,209」
As part of efforts to reduce distribution inventory, the balance of merchandise and finished goods decreased from ¥31,748.5 million at the end of the previous fiscal year to ¥26,620.9 million. - FY2025-H1Continued increase in product and finished-goods inventoriesAnnual report
「Merchandise and finished goods 317,485 322,071」
The balance of merchandise and finished goods increased from ¥31,748.5 million at the end of March 2024 to ¥32,207.1 million at the end of September 2024, continuing the upward trend following the reduction in distribution inventory. - FY2024Continued increase in product and finished-goods inventoriesAnnual report
「Merchandise and finished goods 259,848 317,485」
Following efforts to reduce distribution inventory, the balance of merchandise and finished goods increased from ¥25,984.8 million at the end of March 2023 to ¥31,748.5 million at the end of March 2024. - FY2024-Q3Continued increase in distribution inventoryAnnual report
「Fiscal year ended 31 March 2023 (31 March 2023) Fiscal year 2023 Third-quarter consolidated accounting period (31 December 2023) Merchandise and finished goods 259,848 295,764」
The balance of merchandise and finished goods increased from ¥25,984.8 million at the end of March 2023 to ¥29,576.4 million at the end of December 2023, with the reversal of the previous distribution inventory reduction continuing. - FY2024-Q2Increase in merchandise and finished goodsAnnual report
「Merchandise and finished goods 259,848 276,381」
The balance of merchandise and finished goods increased from ¥25,984.8 million at the end of March 2023 to ¥27,638.1 million at the end of September 2023, continuing the shift toward an increase from the previously pursued reduction in distribution inventory. - FY2024-Q1Increase in distribution inventoryAnnual report
「Fiscal year ended 31 March 2023 (31 March 2023) Fiscal year 2023 First-quarter consolidated accounting period (30 June 2023) Merchandise and finished goods 259,848 271,710」
The balance of merchandise and finished goods increased from ¥25,984.8 million at the end of March 2023 to ¥27,171.0 million at the end of June 2023, reversing the previous trend of reducing distribution inventory. - FY2023-Q1AdvancedAnnual report
「Merchandise and finished goods 192,292 168,826」
The balance of merchandise and finished goods decreased from ¥19,229.2 million at the end of March 2022 to ¥16,882.6 million at the end of June 2022, confirming progress in reducing distribution inventory. - FY2021-Q3AdvancedAnnual report
「Merchandise and finished goods 214,083 144,955」
The balance of merchandise and finished goods decreased from ¥21,408.3 million at the end of the previous fiscal year to ¥14,495.5 million, confirming progress in reducing distribution inventory on the balance sheet as well. - FY2021-Q2AdvancedAnnual report
「Change in inventories (decrease shown as △) 104,408」
In operating cash flow for the six months ended the second quarter, the decrease in inventories increased cash flow by ¥10,440.8 million, reflecting progress in reducing distribution inventory since the second half of the previous fiscal year. - FY2020-Q1First statedAnnual report
「In response to weak demand in major markets including China, the United States and Europe since the second half of last year, the Group prioritised reducing the distribution inventory that had built up in the second half of the previous fiscal year. As a result, the Group's net sales remained sluggish.」
To address weak demand in major markets and the distribution inventory that had built up in the second half of the previous year, the Group prioritised reducing distribution inventory.