Risk of Inventory Price Declines Due to Changes in Supply and Demand
First written in FY2016. 11 of 21 entries say "Worsened", first in FY2022. Latest entry: 2026-08-13.
Tsukiji Uoichiba moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 6 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- 2026-08-13WorsenedEarnings
「流動資産は8,868百万円となり、333百万円増加いたしました。これは、主に棚卸資産が増加したことによるものです。」
商品及び製品は前連結会計年度末の2,115百万円から2,937百万円へ増加し、在庫価格下落リスクへのエクスポージャーが拡大している。 - FY2026WorsenedAnnual report
「The ¥2,115 million in merchandise and finished goods recorded on the consolidated balance sheet for the current consolidated fiscal year includes ¥1,898 million in marine products held in the company's marine-products wholesale business, representing 10.5% of total assets. The reduction in the carrying amount of merchandise and finished goods held for ordinary sales purposes due to lower profitability was ¥7 million.」
The balance of merchandise and finished goods increased from ¥1,916 million to ¥2,115 million, while the carrying-amount reduction increased from ¥2 million to ¥7 million, expanding exposure to inventory risk and its accounting impact. - FY2026-H1WorsenedAnnual report
「Merchandise and finished goods 1,916 3,221」
The balance of merchandise and finished goods increased from ¥1,916 million to ¥3,221 million, expanding exposure to the risk of inventory price declines due to changes in supply, demand and market prices. - FY2025Higher inventory balances and lower write-downsAnnual report
「The ¥1,916 million in merchandise and finished goods includes ¥1,568 million in marine products held in the company's marine-products wholesale business, representing 9.4% of total assets. The reduction in the carrying amount of merchandise and finished goods held for ordinary sales purposes due to lower profitability was ¥2 million.」
The balance of merchandise and finished goods increased from ¥1,681 million in the previous fiscal year to ¥1,916 million, while the carrying-amount reduction decreased from ¥12 million to ¥2 million. - FY2025-H1WorsenedAnnual report
「Merchandise and finished goods 1,681 2,430 Raw materials and supplies 140 98」
The balance of merchandise and finished goods increased from ¥1,681 million to ¥2,430 million, expanding exposure to the risk of inventory price declines. Raw materials and supplies decreased from ¥140 million to ¥98 million. - FY2024MitigatedAnnual report
「The ¥1,681 million in merchandise and finished goods includes ¥1,474 million in marine products held in the company's marine-products wholesale business, representing 8.6% of total assets. The reduction in the carrying amount of merchandise and finished goods held for ordinary sales purposes due to lower profitability was ¥12 million.」
The balance of merchandise and finished goods decreased from ¥1,943 million in the previous fiscal year to ¥1,681 million, while the carrying-amount reduction decreased from ¥79 million to ¥12 million, reducing the accounting impact of the risk of inventory price declines. - FY2024-Q3MitigatedAnnual report
「Merchandise and finished goods 1,943 1,932 Raw materials and supplies 205 128」
Merchandise and finished goods decreased from ¥1,943 million to ¥1,932 million, while raw materials and supplies decreased from ¥205 million to ¥128 million, reducing part of the inventory balance. - FY2024-Q2Increase in merchandise and finished goodsAnnual report
「Merchandise and finished goods 1,943 2,160 Raw materials and supplies 205 169」
Merchandise and finished goods increased from ¥1,943 million to ¥2,160 million, while raw materials and supplies decreased from ¥205 million to ¥169 million. Exposure to the inventory balance attributable to merchandise and finished goods increased within the overall risk of inventory price declines. - FY2024-Q1WorsenedAnnual report
「Merchandise and finished goods 1,943 2,448 Raw materials and supplies 205 210」
Merchandise and finished goods increased from ¥1,943 million to ¥2,448 million, while raw materials and supplies increased from ¥205 million to ¥210 million, expanding the inventory balance and exposure to the risk of inventory price declines. - FY2023WorsenedAnnual report
「The ¥1,943 million in merchandise and finished goods recorded on the consolidated balance sheet for the current consolidated fiscal year includes ¥1,703 million in marine products held in the company's marine-products wholesale business, representing 10.1% of total assets. The reduction in the carrying amount of merchandise and finished goods held for ordinary sales purposes due to lower profitability was ¥79 million.」
The balance of merchandise and finished goods increased from ¥1,659 million in the previous fiscal year to ¥1,943 million, while inventory write-downs increased from ¥10 million to ¥79 million, expanding the accounting impact of the risk of inventory price declines. - FY2023-Q3WorsenedAnnual report
「Merchandise and finished goods 1,659 2,622 Raw materials and supplies 105 277」
Merchandise and finished goods increased from ¥1,659 million to ¥2,622 million, while raw materials and supplies increased from ¥105 million to ¥277 million, further expanding the inventory balance. - FY2023-Q2WorsenedAnnual report
「Merchandise and finished goods 1,659 2,213 Raw materials and supplies 105 168」
Merchandise and finished goods increased from ¥1,659 million to ¥2,213 million, while raw materials and supplies increased from ¥105 million to ¥168 million, further expanding the inventory balance. - FY2023-Q1Increase in InventoryAnnual report
「Merchandise and finished goods 1,659 1,964 Raw materials and supplies 105 194」
Merchandise and finished goods increased from ¥1,659 million to ¥1,964 million, while raw materials and supplies increased from ¥105 million to ¥194 million. - FY2022WorsenedAnnual report
「The ¥1,659 million in merchandise and finished goods includes ¥1,160 million in marine products held in the company's marine-products wholesale business, representing 7.3% of total assets. The reduction in the carrying amount of merchandise and finished goods held for ordinary sales purposes due to lower profitability was ¥10 million.」
The balance of merchandise and finished goods was ¥1,659 million and the carrying-amount reduction was ¥10 million, quantifying the balance and accounting impact of the risk of inventory price declines. - FY2021MitigatedAnnual report
「In the current consolidated fiscal year, the reduction in the carrying amount of inventories held for ordinary sales purposes due to lower profitability was ¥1 million.」
After a significant inventory write-down in the previous year, the inventory write-down in the current period was ¥1 million, reducing the accounting impact of the risk of inventory price declines. - FY2020MaterialisedAnnual report
「The consolidated fiscal year ended with inventory write-downs on inventory held at year-end, resulting in revenue of ¥71,658 million, compared with revenue of ¥76,808 million in the previous period, and an operating loss of ¥690 million, compared with an operating loss of ¥120 million in the previous period.」
Inventory write-downs resulting from deteriorating market conditions and lower demand were recognised in full-year earnings, bringing the risk of inventory price declines to the fore. - FY2020-Q3MaterialisedAnnual report
「In terms of profit and loss, although the volume handled at the cold-storage facility in the Toyosu Market was generally in line with expectations, gross profit declined significantly year on year due to lower sales in the wholesale division, losses on sales resulting from falling market prices for frozen tuna and other products, and inventory write-downs on inventory for which a market recovery is unlikely.」
The company states that inventory write-downs actually occurred on inventory for which a market recovery is unlikely, reflecting changes in supply, demand and market prices. - FY2017RestatedAnnual report
「If changes in the balance of supply and demand result in excess supply, the value of inventory held may decline, potentially affecting the performance of the group.」
The company continues to disclose the risk of inventory price declines due to changes in supply and demand. - FY2016First statedAnnual report
「If changes in the balance of supply and demand result in excess supply, the value of inventory held may decline, potentially affecting the performance of the group.」
The company discloses the risk of declining inventory values inherent in its business of purchasing inventory after taking market conditions into account.