Technological Obsolescence and Inventory Valuation Losses in Information Equipment
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The information equipment manufactured and sold by the Group becomes rapidly obsolete as a result of technological innovation and other factors. In addition, each model must be produced in a certain lot size due to the production system, so inaccurate assessments of market trends may result in valuation losses and affect business performance and other aspects of operations.」
The company reiterates the risk of valuation losses resulting from technological obsolescence of information equipment and inaccurate market forecasts. - FY2023RestatedAnnual report
「We will closely monitor competitors’ activities and develop new products to create products that meet market needs while working to prevent information equipment from becoming obsolete.」
The company continues to indicate that it will address the risks of information equipment becoming obsolete and inventory valuation losses by monitoring competitors and developing new products. - FY2020MitigatedAnnual report
「We will closely monitor competitors’ activities and develop new products to create products that meet market needs while working to prevent information equipment from becoming obsolete.」
The company identifies closely monitoring competitors and developing new products as specific measures to address the risk of information equipment becoming obsolete. - FY2018RestatedAnnual report
「Information equipment becomes rapidly obsolete as a result of technological innovation and other factors. In addition, each model must be produced in a certain lot size due to the production system, so if market trends are misjudged, inventory valuation losses may arise.」
The company reiterates the risk of valuation losses resulting from technological obsolescence of information equipment and inaccurate market forecasts. - FY2017First statedAnnual report
「Information equipment becomes rapidly obsolete as a result of technological innovation and other factors. In addition, each model must be produced in a certain lot size due to the production system, so if market trends are misjudged, inventory valuation losses may arise.」
The company identifies inventory valuation losses resulting from inaccurate market forecasts as a risk because information equipment becomes rapidly obsolete and must be produced in certain lot sizes.