Excess inventory and inventory valuation risk due to demand fluctuations
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 15 of 47 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「For product inventories, the Company seeks to minimize inventory risk by reviewing appropriate inventory levels in light of procurement and sales conditions and demand forecasts. However, if excess inventory accumulates due to sudden changes in demand or errors in sales forecasts, this may affect the Company’s financial position, operating results and other aspects of its business.」
The Company continues to disclose measures based on reviewing appropriate inventory levels, as well as the risk of excess inventory resulting from sudden changes in demand and errors in sales forecasts. - FY2024RestatedAnnual report
「For product inventories, the Company seeks to minimize inventory risk by reviewing appropriate inventory levels in light of procurement and sales conditions and demand forecasts. However, if excess inventory accumulates due to sudden changes in demand or errors in sales forecasts, this may affect the Company’s financial position, operating results and other aspects of its business.」
The Company continues to disclose measures to reduce inventory risk by reviewing appropriate inventory levels, as well as the risk of excess inventory resulting from sudden changes in demand and errors in sales forecasts. - FY2022First statedAnnual report
「For product inventories, the Company seeks to minimize inventory risk by reviewing appropriate inventory levels at monthly board meetings and internal purchasing approval meetings, taking into account procurement and sales conditions and demand forecasts. However, if excess inventory accumulates due to sudden changes in demand or errors in sales forecasts, this may affect the Company’s financial position, operating results and other aspects of its business.」
Excess inventory and valuation impacts resulting from sudden changes in demand or errors in sales forecasts are disclosed separately as a risk for the first time.