Risk of product obsolescence, additional write-downs and sales losses
First written in FY2016. 4 of 10 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
Zett moved to the "Worse" side of this theme in 2017, 6 years before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 22 of 47 companies on the "Worse" side.
18 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Cost of sales: ¥98 million ¥61 million」
The inventory valuation loss declined from ¥98 million in the previous fiscal year to ¥61 million, reducing the amount of write-downs recognized in connection with product obsolescence and declining profitability. - FY2025MitigatedAnnual report
「Ending inventories are stated at amounts after write-downs reflecting declining profitability, and the following inventory valuation losses are included in cost of sales. Cost of sales: ¥129 million ¥98 million」
The inventory valuation loss declined from ¥129 million in the previous fiscal year to ¥98 million. The loss itself continued to be recognized, but the amount recognized decreased. - FY2024WorsenedAnnual report
「Ending inventories are stated at amounts after write-downs reflecting declining profitability, and the following inventory valuation losses are included in cost of sales. Cost of sales: ¥86 million ¥129 million」
The inventory valuation loss increased from ¥86 million in the previous fiscal year to ¥129 million, indicating that the write-down related to product obsolescence and declining profitability expanded. quantified is true, materialized is true. - FY2022MitigatedAnnual report
「Cost of sales: ¥81 million」
The inventory valuation loss declined from ¥361 million in the previous fiscal year to ¥81 million. However, valuation losses related to product obsolescence and declining profitability continued to be recognized. - FY2021WorsenedAnnual report
「Ending inventories are stated at amounts after write-downs reflecting declining profitability, and the following inventory valuation loss is included in cost of sales. Cost of sales: ¥361.229 million」
The inventory valuation loss increased to ¥361.229 million from ¥146.697 million in the previous fiscal year. The scale of the risks related to product obsolescence and declining profitability is expanding. - FY2020MitigatedAnnual report
「Ending inventories are stated at amounts after write-downs reflecting declining profitability, and the following inventory valuation loss is included in cost of sales. … Cost of sales: ¥146.697 million」
Inventory valuation losses continued to be recognized, but declined from ¥165.030 million in the previous fiscal year to ¥146.697 million. - FY2019WorsenedAnnual report
「Ending inventories are stated at amounts after write-downs reflecting declining profitability, and the following inventory valuation loss is included in cost of sales. Cost of sales: ¥165.030 million」
The inventory valuation loss related to product obsolescence and declining profitability increased to ¥165.030 million from ¥96.589 million in the previous fiscal year. - FY2018MaterialisedAnnual report
「Ending inventories are stated at amounts after write-downs reflecting declining profitability, and the following inventory valuation loss is included in cost of sales. Cost of sales: ¥96.589 million」
An inventory valuation loss of ¥96.589 million related to product obsolescence and declining profitability was recognized, indicating that the risk continued to materialize. - FY2017MaterialisedAnnual report
「Ending inventory is stated at the amount after its carrying value has been written down due to lower profitability, and the following inventory valuation losses are included in cost of sales.」
An inventory valuation loss of ¥114.310 million was recognized in cost of sales for the fiscal year, indicating that the risks of product obsolescence and declining profitability had materialized. - FY2016First statedAnnual report
「If market conditions change, additional write-downs or losses on product sales may arise, which could adversely affect financial position and operating results.」
Inventory was written down, and the current year's cost of sales includes an inventory valuation loss of ¥109.268 million.