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Abc-Mart (2670) · RiskMitigated

Concentration of overseas sales in South Korea and volatility in overseas conditions

First written in FY2021. 2 of 4 entries say "Materialised", first in FY2026-H1. Latest entry: FY2027-H1.

4entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021MaterialisedFY2026-H1 – FY20262021: 120212022: 020222023: 020232024: 020242025: 120252026: 22026
Same theme, other companies
Risk of geographic concentration of overseas sales and operating profitA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

4 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1MitigatedAnnual report

    「In Korea, revenue increased 11.3% year on year to ¥37.519 billion, supported by strong inbound demand. In Taiwan, revenue likewise increased 14.9% year on year to ¥6.866 billion.」

    Inbound demand was strong in Korea and Taiwan, with revenue increasing 11.3% in Korea and 14.9% in Taiwan. Whereas the previous period showed a revenue decline due to changes in conditions overseas, both regions recorded revenue growth during the current interim period.
  2. FY2026MaterialisedAnnual report

    「Domestic demand in South Korea declined in the first half due to political turmoil, but inbound visitors nearly doubled from the previous year, and domestic demand began to recover from the second half. Revenue in South Korea was ¥6,950.4 million, down 4.5% from the previous fiscal year.」

    The risk of concentrated sales in South Korea and fluctuations in overseas conditions materialized as a decline in domestic demand in South Korea due to political turmoil and a full-year decline in sales.
  3. FY2026-H1MaterialisedAnnual report

    「Overseas revenue declined in every country, affected by sluggish consumption resulting from political turmoil and deteriorating domestic economies.」

    The risk of concentration in overseas sales, including South Korea, and fluctuations in overseas conditions materialized as weak consumption due to political turmoil and deteriorating domestic economies, and as sales declines across countries.
  4. FY2021First statedAnnual report

    「Approximately 30% of the Group's net sales are generated overseas, of which 20% are generated in South Korea. In South Korea, we have concentrated store openings in Seoul and Gyeonggi Province, which together account for more than half of total sales. Although performance has deteriorated in the past due to outbreaks of infectious diseases such as SARS and MARS and campaigns to boycott Japanese products, similar events could occur as a result of changes in political and economic conditions.」

    The structure in which South Korea accounts for approximately 20% of the approximately 30% of sales generated overseas, with sales concentrated in Seoul and Gyeonggi Province, as well as past performance deterioration caused by infectious disease outbreaks and campaigns to boycott Japanese products, were identified as risks.
Moved together

"Improving Overseas Subsidiary Profitability" moved the same way as this thread, in the same document, in 3 of its 4 moves.

333222★123456
  1. ★This thread
  2. 1Improving Overseas Subsidiary Profitability3×
  3. 2Significant deterioration in South Korean market conditions3×
  4. 3Impairment risk for property, plant and equipment, goodwill and other assets due to declining store profitability3×
  5. 4Weak domestic consumption due to an uncertain outlook2×
  6. 5Business structure centered on footwear sales and the planning and development of proprietary products2×
  7. 6Decline in Operating and Ordinary Profit and Increase in Profit Attributable to Owners of Parent2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Abc-Mart's next results are scheduled for 2026-10-07. Read the earnings preview
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Concentration of overseas sales in South Korea and volatility in overseas conditions | ABC-MART,INC. (2670) | Komori