Risks in Procuring and Selling Used Goods
First written in FY2026. 1 of 2 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2023: 4 of 13 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period under review, there were no significant changes in the matters described in this interim report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding risks related to the procurement and sale of used goods. - FY2026First statedAnnual report
「It is difficult to adjust the quantity and quality of used goods procured, and stable procurement may become difficult due to economic conditions, competitors’ purchasing trends and market fluctuations. The inclusion of counterfeit or stolen goods and failure to detect defective products could reduce customer confidence.」
As risks specific to 株式会社羅針’s luxury branded watch reuse business, the company has for the first time separately disclosed the quantity and quality of goods procured, stable procurement, and the inclusion of counterfeit, stolen or defective products. It also describes measures including appraisal standards, authenticity verification, employee training, identity verification and documentation controls.