Risk of inventory write-downs due to deteriorating profitability
First written in FY2020. 4 of 7 entries say "Worsened", first in FY2023. Latest entry: FY2026.
Tsukamoto Corporation moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2018: 10 of 35 companies on the "Worse" side.
42 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Cost of sales (inventory valuation losses) was ¥34.411 million in the current consolidated fiscal year, compared with ¥33.196 million in the previous consolidated fiscal year.」
Inventory valuation losses increased from ¥33.196 million to ¥34.411 million. The company continues to disclose the risk of additional valuation losses if inventory increases or demand deteriorates due to market conditions and competing products. - 2026-06-02RestatedGeneral Meetings of Shareholders
「流行の変化や競合品による需要の悪化を受け、各品目の回転期間に変動が生じる場合があります。このような場合、棚卸資産評価損の追加的計上が必要となる可能性があり、当社グループの翌連結会計年度における棚卸資産の評価に重要な影響を及ぼす可能性があります。」
在庫の収益性低下と追加評価損の可能性を、主要な仮定および翌年度への影響として再確認している。 - FY2025WorsenedAnnual report
「Inventory valuation losses: ¥28.513 million; ¥33.196 million」
Inventory valuation losses increased from ¥28.513 million in the previous fiscal year to ¥33.196 million in the current fiscal year. The company explained that additional losses could be recorded if demand deteriorates due to changes in market trends or competing products. - FY2024WorsenedAnnual report
「In accordance with the accounting standards for inventory valuation, the Group writes down the carrying amount of inventories whose net realizable value has fallen below carrying amount due to declining profitability, reducing the carrying amount to net realizable value. For inventory that has remained unsold for a certain period, the Group applies a reasonably calculated rate to reduce its carrying amount and records the resulting inventory valuation loss in cost of sales.」
Inventory valuation losses increased from ¥11.988 million in the previous fiscal year to ¥28.513 million in the current fiscal year. The risk of inventory write-downs due to declining profitability has increased. - FY2023WorsenedAnnual report
「Write-down of the carrying amount of inventories held for ordinary sale due to declining profitability: cost of sales ¥11.988 million」
The write-down of inventory carrying amounts due to declining profitability increased from ¥3.127 million to ¥11.988 million. - FY2022MaterialisedAnnual report
「Write-down of the carrying amount of inventories held for ordinary sale due to declining profitability: cost of sales ¥3.127 million; extraordinary loss (loss on termination of a licensing agreement): ¥263.071 million」
The company recorded a ¥3.127 million write-down of inventory and a ¥263.071 million impairment loss on the estimated royalties associated with the termination of a licensing agreement. - FY2020First statedAnnual report
「The company mainly uses the cost method based on the monthly weighted-average method, but a divergence may arise between market prices based on market conditions and cost, potentially requiring a write-down.」
The company explicitly identified the risk of inventory write-downs arising from a divergence between market prices and cost. During the fiscal year, it recorded inventory disposal losses of ¥34.069 million and a ¥17.284 million write-down due to declining profitability.