Risk of Lower Sales and Slow-Moving Inventory Obsolescence Due to Changes in Trends

「If the company is unable to appropriately identify changes in trends and the diversification of consumer preferences, profitability may decline and business performance may be affected by weak sales, the accumulation of slow-moving inventory and increased discounting.……The inventory write-down due to lower profitability of inventory held for ordinary sale was ¥38.488 million.」

「A tendency to defer purchases of bags, which are discretionary goods, was observed, and net sales were slightly below the previous fiscal year’s results」

「Handbag unit sales fell substantially, down 21.2% year on year, due to a declining trend in demand for leather goods and the impact of extremely hot weather.」

「The inventory write-down due to lower profitability of inventory held for ordinary sale was ¥38.613 million.」

「Travel-bag sales rose 34.1% from the previous fiscal year due to increased domestic and international travel and business trips, as well as expanding inbound demand.」

「Travel bags rose sharply, up 47.1% year on year, due to increases in domestic and overseas travel and business trips and expanding inbound demand.」

「Travel bags rose sharply, up 90.7% year on year, due to increases in domestic and overseas travel and business trips and the recovery in inbound demand.」

「Our group sells women's handbags, bags, miscellaneous accessories and other products, but changes in fashion may cause sales to decline or losses to arise from the obsolescence of slow-moving inventory.」

「Travel bags rose sharply, up 171.2% year on year, as travel, business trips and visits to family increased substantially.」

「Travel bags rose sharply, up 233.2% year on year, as travel, business trips and visits to family increased substantially.」

「Travel bags rose sharply, up 238.0% year on year, as travel, business trips and visits to family increased substantially.」

「Travel bags remained sluggish due to the impact of COVID-19, but improved from the previous fiscal year, rising 44.4% year on year.」

「Travel bags had performed extremely poorly in the same period of the previous year and remained at a low level during the current period, but gradually improved from October onward, rising 32.6% year on year.」

「Travel bags rose 23.3% year on year because performance had been extremely weak in the same period of the previous year, but remained at an extremely low level.」

「Travel bags rose 70.0% year on year because performance had been extremely weak in the same period of the previous year, but remained at an extremely low level.」

「Travel bags declined sharply, down 76.9% from the previous fiscal year.」

「Casual bags fell sharply by 16.9% year on year to ¥3,486 million as sales remained generally sluggish amid the absence of a major trend.」

「Casual bags fell 15.3% year on year as sales of collaborative products with apparel brands continued to decline.」

「Casual bags fell 14.7% year on year as sales of collaborative products with apparel brands continued to decline.」

「Casual bags fell 18.7% year on year as sales of collaborative products with apparel brands continued to decline.」

「Casual bags fell 18.8% year on year to ¥4,195 million as sales of collaborative-brand products targeting F1 women (women aged 20 to 34) continued to decline.」

「Casual bags declined 18.5% year on year as sales of products developed in partnership with apparel brands continued to fall.」

「Casual bags declined 19.1% year on year as sales of products developed in partnership with apparel brands continued to fall.」

「Casual bags declined 18.9% year on year as sales of products developed in partnership with apparel brands continued to fall.」

「Casual bags declined 20.7% year on year to ¥5,165 million, due to a substantial decline in sales of partner-brand products targeting the F1 segment, women aged 20 to 34.」

「Casual bags underperformed, with sales down 20.3% year on year due to a substantial decline in sales of products developed in partnership with popular apparel brands.」

「Casual bags underperformed, with sales down 17.1% year on year due to a substantial decline in sales of products developed in partnership with popular apparel brands.」

「Casual bags underperformed, with sales down 16.9% year on year due to a substantial decline in sales of products developed in partnership with popular apparel brands.」

「Casual bags continued to see declining sales of products made in collaboration with a partner brand targeting F1 consumers—women aged 20 to 34—which had begun to decline in the fourth quarter of the previous fiscal year. Although the product lineup was strengthened outside the F1 segment, sales remained at ¥6,511 million, down 6.9% year on year.」

「Casual bags declined 5.2% year on year because sales of some products made in collaboration with a popular apparel brand that had achieved significant sales growth in the same period of the previous year fell substantially. In men's and travel bags, men's bags edged up 0.1% year on year, while travel bags remained sluggish, declining 8.3%. Imported bags, which had continued to see declining sales, turned positive year on year from September, but still declined 2.6% for the period.」

「Casual bags declined 4.7% year on year because sales of some products made in collaboration with a popular apparel brand that had achieved significant sales growth in the same period of the previous year fell substantially. In men's and travel bags, men's bags edged up 0.9% year on year, while travel bags remained sluggish, declining 8.7%. Imported bags declined 7.8% in the absence of a hit product.」

「Casual bags declined 4.2% year on year because sales of some products made in collaboration with a popular apparel brand that had driven sales growth fell significantly. Imported bags remained sluggish, declining 10.4% year on year in the absence of a hit product.」

「Our group sells women's handbags, bags, miscellaneous accessories and other products, but changes in fashion may cause sales to decline or losses to arise from the obsolescence of slow-moving inventory.」