Inventory risk arising from fluctuations in seafood supply and demand and market prices
First written in FY2016. 17 of 26 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-11-06.
Yokohama Maruuo moved to the "Worse" side of this theme in 2017.
1 other company's latest entry also says "Materialised".
- 2026-11-06MaterialisedResults
「商品及び製品の増加92百万円」
商品及び製品の残高が前連結会計年度末から92百万円増加し、在庫増加が中間期に発生している。 - FY2026MaterialisedAnnual report
「The main factors were a ¥113 million decrease in cash and deposits, a ¥275 million increase in accounts receivable, and a ¥227 million increase in merchandise and finished goods.」
Inventories of merchandise and finished goods increased by ¥227 million from the end of the previous consolidated fiscal year, and the increase in inventory balances occurred during the full fiscal year. - 2026-05-12MaterialisedResults
「商品及び製品の増加227百万円」
商品及び製品が前連結会計年度末から227百万円増加し、在庫残高の増加が通期実績として現れている。 - FY2026-H1MaterialisedAnnual report
「Increase in merchandise and finished goods: ¥146 million」
Merchandise and finished goods increased by ¥146 million from the end of the previous consolidated fiscal year, with the increase in the inventory balance actually emerging at the end of the current interim consolidated accounting period. - FY2025MaterialisedAnnual report
「Increase in merchandise and finished goods: ¥82 million」
Merchandise and finished goods increased by ¥82 million from the end of the previous consolidated fiscal year, with the increase in the inventory balance occurring during the full fiscal year. Operating cash flow shows an ¥83 million increase in inventories. - FY2025-H1MaterialisedAnnual report
「The main factors were a ¥66 million decrease in cash and deposits, a ¥208 million decrease in notes and accounts receivable, a ¥283 million increase in merchandise and finished goods, and a ¥157 million increase in investment securities due to fair value measurement and other factors.」
Merchandise and finished goods increased by ¥283 million from the end of the previous consolidated fiscal year, with the increase in the inventory balance actually emerging at the end of the current interim consolidated accounting period. - FY2024MitigatedAnnual report
「The main factors were an ¥871 million increase in cash and deposits and a ¥559 million decrease in merchandise and finished goods.」
Merchandise and finished goods decreased by ¥559 million from the end of the previous consolidated fiscal year, reversing the increase in inventory through the previous fiscal year. - FY2024-Q3MaterialisedAnnual report
「Merchandise and finished goods ¥1,814 million ¥2,057 million」
Merchandise and finished goods increased from ¥1,814 million at the end of the previous consolidated fiscal year to ¥2,057 million at the end of the third quarter, with the increase in the inventory balance actually emerging. - FY2024-Q2MitigatedAnnual report
「Change in inventories (△ indicates an increase) △ ¥623 million ¥42 million」
In operating cash flow, inventories shifted from an increase of ¥623 million in the same period of the previous fiscal year to a decrease of ¥42 million in the cumulative second-quarter period, indicating that the increase in the inventory balance has paused. - FY2024-Q1MitigatedAnnual report
「Decrease in merchandise and finished goods: ¥164 million」
Merchandise and finished goods decreased by ¥164 million from the end of the previous consolidated fiscal year, reversing the increase in the inventory balance that had continued until the preceding period. - FY2023-Q3MaterialisedAnnual report
「The main factors were a ¥2,864 million increase in notes and accounts receivable, a ¥1,027 million increase in merchandise and finished goods, a ¥382 million increase in buildings and structures, net, and land, and a ¥1,369 million increase in investment securities due to fair value measurement and other factors.」
Merchandise and finished goods increased by ¥1,027 million from the end of the previous consolidated fiscal year, with the increase in the inventory balance actually occurring. - FY2023-Q2MaterialisedAnnual report
「The main factors were a ¥636 million decrease in cash and deposits, a ¥236 million increase in notes and accounts receivable, a ¥623 million increase in merchandise and finished goods, and a ¥398 million increase in buildings and structures, net, and land.」
Merchandise and finished goods increased by ¥623 million from the end of the previous consolidated fiscal year, with the increase in the inventory balance actually occurring. - FY2023-Q1MaterialisedAnnual report
「The main factors were a ¥585 million decrease in cash and deposits, a ¥246 million increase in notes and accounts receivable, a ¥175 million increase in merchandise and finished goods, a ¥70 million increase in other current assets, and a ¥267 million increase in investment securities due to fair value measurement and other factors.」
Merchandise and finished goods increased by ¥175 million from the end of the previous consolidated fiscal year, with the increase in the inventory balance actually occurring. - FY2022MaterialisedAnnual report
「The main factors were a ¥930 million decrease in cash and deposits, a ¥163 million increase in notes and accounts receivable, and a ¥369 million increase in merchandise and finished goods.」
Merchandise and finished goods increased by ¥369 million, with the increase in inventory actually emerging as a change in current assets during the current consolidated fiscal year. The company also continues to check for slow-moving inventory and maintain appropriate inventory levels through monthly inventory meetings. - FY2022-Q3MaterialisedAnnual report
「The operating loss was ¥46 million, due to factors including a decline in the gross profit margin because the impact of soaring fish prices for fresh fish, raw materials and other items could not be fully passed on to selling prices, an increase of ¥8 million from the cumulative consolidated period of the third quarter of the previous fiscal year.」
The impact of soaring fish prices not being fully passed on to selling prices, resulting in a lower gross profit margin and a larger operating loss than in the same period of the previous fiscal year, has actually occurred. - FY2022-Q2MaterialisedAnnual report
「The operating loss was ¥208 million, due to factors including a decline in the gross profit margin because the impact of soaring fish prices for fresh fish, raw materials and other items could not be fully passed on to selling prices, as well as additional provisions for doubtful accounts, an increase of ¥105 million from the cumulative consolidated period of the second quarter of the previous fiscal year (operating loss of ¥102 million in the same period of the previous fiscal year).」
Soaring fish prices for fresh fish, raw materials and other items could not be fully passed on to selling prices, resulting in a lower gross profit margin and contributing to the operating loss. The impact of rising market prices has actually emerged in business performance. - FY2021MitigatedAnnual report
「Our Group holds an inventory meeting once a month at each business location to share current and future market information, check for slow-moving inventory and maintain appropriate inventory levels.」
In response to the risks of market price fluctuations, excess inventory and inventory valuation losses, the company explicitly identifies monthly inventory meetings, sharing market information and checking for slow-moving inventory as management measures. - FY2020-Q3RestatedAnnual report
「Surge in transaction prices associated with increased overseas demand for seafood」
The continued rise in transaction prices associated with increased overseas demand is being reported. The cited description does not indicate any new inventory valuation loss or insufficient pass-through of costs to selling prices. - FY2020-Q2MaterialisedAnnual report
「Gross profit also declined, partly because an inventory valuation loss was recognized during the first-quarter consolidated accounting period.」
The inventory valuation loss recognized in the first quarter continued to affect the decline in gross profit for the cumulative second-quarter period. - FY2020-Q1MaterialisedAnnual report
「Gross profit also declined, partly because an inventory valuation loss was recognized.」
The company explains that an inventory valuation loss was actually recognized, leading to a decline in gross profit. - FY2019-Q3RestatedAnnual report
「Rise in transaction prices associated with growing international demand for fishery resources」
The rise in transaction prices associated with growing international demand for fishery resources continues to be identified as part of the market environment surrounding the seafood wholesale business. - FY2019-Q2RestatedAnnual report
「In the seafood wholesale business, the Group's core business, the challenging business environment continues due to declining fisheries resources resulting from changes in the marine environment and weather conditions, as well as higher transaction prices resulting from growing global demand for seafood.」
The continued rise in transaction prices associated with growing global demand for seafood is still being reported. - FY2018MaterialisedAnnual report
「The company reported lower revenue and profit because it was unable to fully pass on the overall increase in procurement costs, resulting from the weaker yen, higher raw material and crude oil prices, and higher fish prices, to selling prices.」
The impact of higher fish prices and procurement costs not being fully passed on to selling prices, resulting in lower revenue and profit, also occurred during the fiscal year. - FY2018-Q3RestatedAnnual report
「The company was unable to fully pass on the impact of soaring fish prices across fresh fish and imported products to selling prices, and the resulting decline in the gross profit margin reduced operating profit to ¥150 million, down ¥146 million (△49.4%) from the cumulative consolidated period of the third quarter of the previous fiscal year, while ordinary profit fell ¥162 million (△30.5%) to ¥371 million.」
The impact of higher fish prices not being fully passed on to selling prices, resulting in a lower gross profit margin and declines in operating profit and ordinary profit year on year, has continued. - FY2018-Q2MaterialisedAnnual report
「The company was unable to fully pass on the impact of soaring fish prices across fresh fish and imported products to selling prices, and the resulting decline in the gross profit margin reduced operating profit to ¥17 million, down ¥86 million (△83.4%) from the cumulative consolidated period of the second quarter of the previous fiscal year.」
The gross profit margin declined because soaring fish prices could not be fully passed on to selling prices, resulting in operating profit declining 83.4% year on year. - FY2016First statedAnnual report
「Our Group purchases products after taking market conditions into account, but holds them for a certain period and therefore faces risks associated with fluctuations in market prices. We manage inventory based on forecasts of future supply, demand and market prices, but depending on the supply-demand balance, price fluctuations may affect business performance.」
The company describes its exposure to price fluctuations arising from holding inventory for a certain period after purchase and forecasting supply and demand.