Profitability assessment of marine product inventories
First written in FY2021. 17 of 18 entries say "Worsened", first in FY2022-Q3. Latest entry: 2026-11-12.
OUG Holdings moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 8 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Merchandise and finished goods ¥31,233 million ¥34,708 million. Merchandise and finished goods held by the Group consist primarily of seafood. The amounts reported on the consolidated balance sheet are calculated using the write-down method based on reduced profitability.」
The balance of merchandise and finished goods, primarily seafood, increased from ¥31,233 million to ¥34,708 million, expanding exposure subject to profitability assessment due to market fluctuations. - 2026-06-04WorsenedGeneral Meeting of Shareholders
「商品及び製品 34,708百万円」
商品及び製品残高が2025年度末の31,233百万円から34,708百万円へ増加している。また、正味売却価額は漁獲高や需給状況による相場変動の影響を受けると記載している。 - FY2026-H1WorsenedAnnual report
「Merchandise and finished goods 31,233 34,322」
The balance of merchandise and finished goods increased by ¥3,089 million from ¥31,233 million at the end of the previous consolidated fiscal year to ¥34,322 million, expanding inventory exposure subject to profitability assessment for seafood inventories. - FY2025WorsenedAnnual report
「Merchandise and finished goods ¥30,503 million ¥31,233 million. Merchandise and finished goods held by the Group consist primarily of seafood. The amounts reported on the consolidated balance sheet are calculated using the write-down method based on reduced profitability.」
The balance of merchandise and finished goods, primarily seafood, increased from ¥30,503 million at the end of the previous fiscal year to ¥31,233 million, expanding inventory exposure subject to profitability assessment. - FY2025-H1WorsenedAnnual report
「Merchandise and finished goods 30,503 35,855」
The balance of merchandise and finished goods, primarily seafood, increased from ¥30,503 million at the end of March 2024 to ¥35,855 million, expanding inventory exposure subject to profitability assessment. - FY2024-Q3WorsenedAnnual report
「Merchandise and finished goods 29,145 34,093」
The balance of merchandise and finished goods increased from ¥29,145 million at the end of the previous consolidated fiscal year to ¥34,093 million, expanding inventory exposure related to the profitability assessment of seafood inventories. - FY2024-Q2WorsenedAnnual report
「Merchandise and finished goods 29,145 32,676」
The balance of merchandise and finished goods increased from ¥29,145 million at the end of the previous consolidated fiscal year to ¥32,676 million at the end of the second quarter, expanding inventory exposure related to the profitability assessment of seafood inventories. - FY2024-Q1WorsenedAnnual report
「Merchandise and finished goods 29,145 37,532」
The balance of merchandise and finished goods increased by ¥8,387 million from ¥29,145 million at the end of the previous consolidated fiscal year to ¥37,532 million, expanding inventory exposure subject to profitability assessment for seafood inventories. - FY2023WorsenedAnnual report
「Merchandise and finished products ¥29,145 million. The merchandise and finished products held by our Group consist mainly of marine products. This consolidated balance sheet amount is calculated using the method of writing down the carrying amount when profitability declines. If the net realizable value at the end of the period is lower than the acquisition cost, the net realizable value is used as the consolidated balance sheet amount.」
The balance of merchandise and finished goods, primarily seafood, increased from ¥27,836 million in the previous fiscal year to ¥29,145 million, expanding inventory exposure subject to profitability assessment. - FY2023-Q3WorsenedAnnual report
「Merchandise and finished products 27,836 36,813」
The balance of merchandise and finished products increased from ¥27,836 million at the end of the previous consolidated fiscal year to ¥36,813 million at the end of the third quarter of the current fiscal year, expanding the inventory exposure relating to the profitability assessment of marine product inventories. - FY2023-Q2WorsenedAnnual report
「Merchandise and finished products 27,836 35,369」
The balance of merchandise and finished products increased by ¥7,533 million from ¥27,836 million at the end of the previous consolidated fiscal year to ¥35,369 million at the end of the second quarter of the current fiscal year, expanding the inventory exposure relating to the profitability assessment of marine product inventories. - FY2023-Q1WorsenedAnnual report
「Merchandise and finished products 27,836 38,974」
The balance of merchandise and finished products increased by ¥11,138 million from ¥27,836 million at the end of the previous consolidated fiscal year to ¥38,974 million at the end of the first quarter of the current fiscal year, expanding the inventory exposure relating to the profitability assessment of marine product inventories. - FY2022-Q3WorsenedAnnual report
「Merchandise and finished products 22,601 32,466」
The balance of merchandise and finished products increased from ¥22,601 million at the end of the previous consolidated fiscal year to ¥32,466 million at the end of the third quarter of the current fiscal year, expanding the inventory exposure relating to the profitability assessment of marine product inventories. - FY2021First statedAnnual report
「Merchandise and finished products ¥22,601 million. The merchandise and finished products held by our Group consist mainly of marine products. This consolidated balance sheet amount is calculated using the method of writing down the carrying amount when profitability declines. If the net realizable value at the end of the period is lower than the acquisition cost, the net realizable value is used as the consolidated balance sheet amount.」
For marine product inventories of ¥22,601 million, the Company described for the first time, as a significant accounting estimate, the risk that future selling prices would be affected by market fluctuations resulting from catch volumes and supply and demand conditions, with differences from estimates affecting the financial statements for the following fiscal year.