Risk of Inventory Write-Downs Due to Increases in Slow-Moving Inventory
First written in FY2022. 2 of 11 entries say "Worsened", first in 2026-05-01. Latest entry: FY2027-H1.
Nakamoto Packs moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2018: 3 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2027-H1Inventories IncreasedAnnual report
「Cash and deposits increased by ¥870 million, notes and accounts receivable and contract assets by ¥624 million, electronically recorded monetary claims by ¥532 million, and inventories by ¥793 million, among other factors. As a result, total assets increased by ¥2,553 million from the end of the previous consolidated fiscal year to ¥27,794 million.」
Inventories increased by ¥793 million from the end of the previous consolidated fiscal year. This filing does not expressly state that excess inventory or inventory write-downs occurred. - FY2026Inventory write-downs increasedAnnual report
「Inventory: ¥4,772.289 million; ¥4,727.099 million Inventory write-down: ¥75.720 million; ¥116.857 million」
Although the inventory balance decreased slightly, inventory write-downs increased from ¥75.720 million to ¥116.857 million, quantifying the valuation risk associated with slow-moving inventory. - 2026-05-01WorsenedGeneral Meetings of Shareholders
「Amounts recorded in the consolidated financial statements for the current consolidated fiscal year: inventories ¥4,727,099 thousand; inventory write-down ¥116,857 thousand」
The amount recorded as an inventory write-down increased from inventories of ¥4,772,289 thousand and a write-down of ¥75,720 thousand in the previous FY2025 disclosure. - FY2025Inventory increased; write-downs decreasedAnnual report
「Inventory: ¥4,274.507 million; ¥4,772.289 million Inventory write-down: ¥94.295 million; ¥75.720 million」
The inventory balance increased from ¥4,274.507 million in the previous fiscal year to ¥4,772.289 million, while write-downs decreased from ¥94.295 million to ¥75.720 million. Estimates of the risk of slow-moving inventory arising from changes in demand remain. - FY2024Inventory decreased; write-downs continuedAnnual report
「Inventory: ¥4,537.693 million; ¥4,274.507 million Inventory write-down: ¥97.436 million; ¥94.295 million If demand from customers changes significantly owing to future deterioration in the business environment, slow-moving inventory may increase and affect the consolidated financial statements for the following consolidated fiscal year.」
The inventory balance decreased from the previous fiscal year, and write-downs also decreased from ¥97.436 million to ¥94.295 million. However, the risk of an increase in slow-moving inventory due to changes in demand and the related write-down estimates remain. - FY2024-Q3Decrease in inventoriesAnnual report
「Although inventory decreased by ¥413 million, total assets increased by ¥1,648 million from the end of the previous consolidated fiscal year to ¥21,528 million, mainly because cash and deposits increased by ¥1,271 million, notes and accounts receivable and contract assets increased by ¥574 million, and electronically recorded monetary claims increased by ¥114 million.」
Inventory decreased by ¥413 million from the end of the previous consolidated fiscal year. The filing does not explicitly mention slow-moving inventory or the occurrence of write-downs. - FY2024-Q2Decrease in inventoriesAnnual report
「Although inventory decreased by ¥249 million, current assets increased by ¥249 million from the end of the previous consolidated fiscal year to ¥20,129 million, mainly because cash and deposits increased by ¥195 million, notes and accounts receivable and contract assets increased by ¥95 million, and other current assets increased by ¥158 million.」
Inventory decreased by ¥249 million from the end of the previous consolidated fiscal year. - FY2024-Q1Continued Increase in InventoriesAnnual report
「Although inventory increased by ¥88 million, current assets decreased by ¥77 million from the end of the previous consolidated fiscal year to ¥19,802 million, mainly because cash and deposits decreased by ¥165 million, among other factors.」
Inventory increased by ¥88 million from the end of the previous consolidated fiscal year. - FY2023Inventory increased; write-downs decreasedAnnual report
「Inventory: ¥4,537.693 million Inventory write-down: ¥76.451 million」
The inventory balance increased from ¥4,292.839 million in the previous fiscal year to ¥4,537.693 million, while write-downs decreased from ¥87.613 million to ¥76.451 million. - FY2023-Q3Inventory balance increasedAnnual report
「Inventory increased by ¥675 million, among other factors, resulting in an increase of ¥1,510 million from the end of the previous consolidated fiscal year to ¥20,311 million.」
Inventory was stated to have increased by ¥675 million from the end of the previous consolidated fiscal year. The filing does not explicitly mention slow-moving inventory or the occurrence of write-downs. - FY2022First statedAnnual report
「Inventory write-down: ¥87.613 million. If demand from customers changes significantly owing to future deterioration in the business environment, slow-moving inventory may increase and affect the consolidated financial statements for the following consolidated fiscal year.」
A write-down of ¥87.613 million was recorded against inventory of ¥4,292.839 million. The increase in slow-moving inventory resulting from changes in demand and its impact on future financial statements were explicitly identified for the first time as a significant accounting estimate.