Estimation uncertainty in inventory valuation
First written in FY2021. 3 of 5 entries say "Worsened", first in FY2023. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「The inventory impairment loss for the fiscal year was ¥109.192 million.」
The inventory impairment loss decreased from ¥194.693 million in the previous fiscal year to ¥109.192 million. The Company continues to disclose the estimation uncertainty based on return rates, re-shipment rates and other factors. - FY2025WorsenedAnnual report
「The closing inventory balance is the amount after reducing the carrying value due to lower profitability, and the inventory impairment loss for the fiscal year was ¥194.693 million.」
The inventory impairment loss increased from ¥187.072 million in the previous fiscal year to ¥194.693 million. The Company continues to disclose the uncertainty affecting the impairment loss from estimates based on return rates, re-shipment rates and other factors. - FY2024WorsenedAnnual report
「The closing inventory balance is the amount after reducing the carrying value due to lower profitability, and the inventory impairment loss for the fiscal year was ¥187.072 million.」
The inventory impairment loss increased from ¥178.584 million in the previous fiscal year to ¥187.072 million. The Company continues to disclose the uncertainty affecting the impairment loss from estimates based on return rates, re-shipment rates and other factors. - FY2023WorsenedAnnual report
「The closing inventory balance is the amount after reducing the carrying value due to lower profitability, and the inventory impairment loss for the fiscal year was ¥178.584 million. If changes in these underlying assumptions arise due to future fluctuations in uncertain economic conditions or other factors, they may have a material effect on the amount of impairment losses recognized.」
The inventory impairment loss increased from ¥30.808 million in the previous fiscal year to ¥178.584 million, as estimation uncertainty based on return rates, re-shipment rates and other factors increased and was reflected in actual losses. - FY2021First statedAnnual report
「If changes in these underlying assumptions arise due to future fluctuations in uncertain economic conditions or other factors, they may have a material effect on the amount of impairment losses recognized.」
Inventories are valued based on book sales, returns, return rates and the rate of re-shipment, among other factors. The inventory impairment loss for the fiscal year was ¥105.737 million, and the carrying amount of finished goods and work in process totaled ¥326.292 million. The Company newly stated that future changes in economic conditions and other factors may affect the impairment loss.