I’m traveling so this is a quick update. Hopefully others can give a more detailed analysis. The FY03/2023 inventory numbers have been released (
consolidated balance sheet):
Raw materials and supplies, 75,637 million yen
Work in progress, 153 million yen
Finished goods, 182,837 million yen
Total inventories, 258,627 million yen
Ratio of raw materials and supplies, 29.25%
(The number of finished goods includes a write-down of 16,909 million yen)
Here’s the table I made last year:
(Unit: 1 million yen)
The valuation of raw materials decreased substantially from the heights of 09/2021 to 09/2022, but is still relatively high compared to previous years. On the other hand, the valuation of finished goods is unusually high for a March (September numbers are typically higher due to the upcoming holiday sales), possibly in anticipation of a sales boost from the TotK and Mario Movie.