Estimating Expected Sales and Disposal in Merchandise Valuation
First written in FY2021. . Latest entry: FY2025.
The whole theme swung hardest in 2018: 3 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2025Inventory valuation losses decreased despite an increase in inventory subject to valuationAnnual report
「Merchandise and finished goods: ¥2,236.051 million; inventory valuation losses: ¥14.965 million」
The balance of merchandise and finished goods subject to valuation increased from ¥1,816.241 million to ¥2,236.051 million, while inventory valuation losses decreased from ¥29.409 million to ¥14.965 million. The valuation policy using expected future sales and disposals remains in place. - FY2024Increase in merchandise valuation losses and merchandise subject to valuationAnnual report
「Inventory 1,871,192”; “Inventory valuation loss 22,319”; “This valuation policy includes management assumptions regarding expected future sales and disposals.”」
Both the balance of inventory subject to valuation and inventory valuation losses increased. The Company continues to disclose the uncertainty of valuations based on expected future sales and disposals. - FY2023Increase in merchandise valuation losses and merchandise subject to valuationAnnual report
「Inventory 1,660,112”; “Inventory valuation loss 14,553”; “This valuation policy includes management assumptions regarding expected future sales and disposals.”」
Both the balance subject to inventory valuation and inventory valuation losses increased. The Company continues to disclose that estimates of expected sales and disposals, affected by changes in trends, may impact the financial statements for the following fiscal year. - FY2022Increase in merchandise valuation losses and merchandise subject to valuationAnnual report
「Inventory 1,218,271”; “Inventory valuation loss 13,078”; “This valuation policy includes management assumptions regarding expected future sales and disposals.”」
The balance of inventory subject to valuation increased from ¥1,049.887 million in the previous fiscal year to ¥1,218.271 million, while inventory valuation losses increased from ¥11.613 million to ¥13.078 million. The Company continues to use estimates based on expected future sales and disposals. - FY2021First statedAnnual report
「Based on inventory holdings, the Company considers sales promotion measures and other actions for items that have remained in inventory, and writes down their carrying value in accordance with its valuation policy. This valuation policy includes management assumptions regarding expected future sales and disposals.」
The Company newly disclosed an accounting estimate in its inventory valuation that uses management assumptions regarding expected future sales and disposals.