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Copa Corporation (7689) · RiskMitigated

Excess Inventory Resulting from Declining Demand and Sales Targets

First written in FY2020. 4 of 7 entries say "Materialised", first in FY2024-Q3. Latest entry: FY2027-H1.

7entries
7years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020MaterialisedFY2024-Q3 – 2026-04-142020: 120202021: 020212022: 020222023: 020232024: 220242025: 020252026: 42026
Same theme, other companies
Risk of Excess Inventory and Obsolescence Due to Demand Forecast and Supply-Demand FluctuationsA theme 61 companies write about · 63 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 13 of 37 companies on the "Worse" side.

7 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 61 companies compared. The sentences above are computed from all 61.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1MitigatedAnnual report

    「The main factors were a ¥70.730 million increase in accounts receivable, offset by decreases of ¥96.840 million in cash and deposits and ¥16.701 million in inventories.」

    Inventories at the end of the interim accounting period decreased by ¥16.701 million from the end of the previous fiscal year, indicating that inventory balances continued to shrink after the disposal of inventory with low sales prospects in the previous fiscal year.
  2. FY2026MitigatedAnnual report

    「During the fiscal year, we disposed of inventory with low sales prospects at the end of the period to strengthen our financial position and improve inventory efficiency going forward.」

    The company explained that it disposed of inventory with low sales prospects as a measure to address the risks of excess inventory and inefficient inventory management.
  4. FY2024MaterialisedAnnual report

    「The extraordinary loss resulted from an inventory write-down of ¥945.045 million.」

    In connection with the risks of declining demand and inventory write-downs, the company recognized an inventory write-down of ¥945.045 million for the full fiscal year.
  5. FY2024-Q3MaterialisedAnnual report

    「The quarterly net loss was ¥1,148.235 million, compared with a quarterly net loss of ¥17.194 million in the same quarter of the previous year, due to the recognition of an inventory write-down as an extraordinary loss.」

    In connection with the risks of declining demand and inventory write-downs, the company actually recognized an inventory write-down of ¥932.117 million, resulting in a quarterly net loss of ¥1,148.235 million.
  6. FY2020First statedAnnual report

    「If customer order volumes decline due to reduced consumer demand, the Company may need to write down its inventories, which could have a material impact on its business and results.」

    The company also notes the possibility of increased procurement and excess inventory when sales targets are set for exclusive-distribution products.
Moved together

"Training and Recruitment System for Demonstration Sales Specialists" moved the same way as this thread, in the same document, in 2 of its 7 moves.

22222★12345
  1. ★This thread
  2. 1Training and Recruitment System for Demonstration Sales Specialists2×
  3. 2Strengthening product planning capabilities by leveraging product demonstrations and customer touchpoints2×
  4. 3Improving Revenue, Operating Profit and Operating Margin2×
  5. 4Securing Stable Inventory of Top-Selling and Seasonal Products2×
  6. 5Reducing the Loss in the Following Period and Achieving Profitability in the Period After That2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Copa Corporation yet. It last moved in the Financial results presentation of 2026-04-14: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Excess Inventory Resulting from Declining Demand and Sales Targets | Copa Corporation Inc. (7689) | Komori