Risk of declining inventory profitability and slow-moving inventory
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2018: 11 of 37 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If excess inventory is held due to a sudden change in the market environment surrounding the company's core subsidiary, differences between sales expectations and actual results, or other factors, or if selling prices fall significantly, the carrying value of inventories may have to be written down.」
The risks of excess inventory, declining selling prices and inventory valuation losses due to changes in the market environment and sales expectations continue. - FY2022First statedAnnual report
「If excess inventory is held due to a sudden change in the market environment surrounding the company's core subsidiary, differences between sales expectations and actual results, or other factors, or if selling prices fall significantly, the carrying value of inventories may have to be written down.」
The disclosure addresses excess inventory and declining selling prices caused by changes in the market environment and sales expectations, as well as the possibility of inventory valuation losses.