Product Supply Risks Arising from Exchange-Rate Fluctuations and Conditions in Supplier Regions
First written in FY2017. 7 of 9 entries say "Worsened", first in FY2023-Q2. Latest entry: 2026-09-25.
Palemo Holdings moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 39 of 71 companies on the "Worse" side.
12 other companies' latest entry also says "Worsened".
- 2026-09-25WorsenedEarnings
「Meanwhile, continued price increases, fluctuations in interest rates and foreign exchange, and soaring energy costs are weighing on personal consumption and corporate activity.」
External pressure on procurement and product costs from foreign-exchange fluctuations, rising prices and soaring energy costs remains in place. - FY2025WorsenedAnnual report
「Although the terms of overseas purchases are determined each time an order is placed, substantial foreign-exchange fluctuations, including yen depreciation, may increase product costs and affect the performance of the Group. The Group is also strengthening its initiatives in ASEAN countries other than China, but political conditions, the economic environment, natural disasters and other factors in major supplier countries could affect the supply of the Group’s products and, consequently, its financial position and performance.」
It explicitly identifies the risk of higher product costs resulting from yen depreciation, and continues to cite risks to product supply from political conditions, the economic environment and natural disasters in major supplier countries. - FY2025-H1WorsenedAnnual report
「Meanwhile, in addition to prolonged geopolitical risks in the Middle East and Ukraine and unstable foreign exchange movements, the outlook for the economy remained uncertain amid price increases caused by soaring raw material prices and rising interest rates.」
For foreign-exchange risks related to imported products and procurement conditions, unstable exchange-rate movements, soaring raw-material prices and inflation were identified, indicating that external pressure on procurement conditions continues. - FY2025-Q1WorsenedAnnual report
「Meanwhile, in addition to prolonged geopolitical risks and continued yen depreciation, the outlook for the economy remained uncertain as real wages continued to decline relative to the pace of growth in consumer prices.」
Yen depreciation related to imported products and procurement conditions was explicitly identified again during the quarter, indicating that external pressure on product procurement from foreign-exchange movements continues. - FY2024-Q2WorsenedAnnual report
「The economy entered a recovery trend, supported in part by inbound demand, which had rapidly recovered to 80% of its pre-pandemic level. However, the outlook remained uncertain amid concerns that soaring energy prices for gasoline, electricity and gas, as well as inflation caused by yen depreciation, would heighten consumers’ focus on protecting their household finances.」
Inflation caused by yen depreciation and soaring energy prices continued to exert external pressure on products and the consumer environment, and were identified as factors intensifying risks related to import dependence and procurement conditions. - FY2023-Q3WorsenedAnnual report
「In addition, the outlook for the economy remained uncertain, despite an overall recovery trend, owing to factors including heightened tensions surrounding Ukraine, supply-chain instability following China’s shift away from its zero-COVID policy, yen depreciation, and downside risks to economic activity resulting from higher resource prices.」
For the previously identified foreign-exchange and supplier-region risks related to product supply and imports, supply-chain instability resulting from China’s policy shift, yen depreciation, and higher resource prices were additionally identified. - FY2023-Q2WorsenedAnnual report
「In addition to the escalating situation in Ukraine, supply chain disruptions caused by lockdowns in Chinese cities, yen depreciation, and risks of an economic downturn due to higher resource prices, the outlook for the economy remained uncertain despite an overall recovery trend.」
For the previously identified foreign-exchange and supplier-region risks related to imports and product supply, supply-chain disruption caused by lockdowns in Chinese cities and yen depreciation were additionally identified as actual external factors. - FY2018-Q1MaterialisedAnnual report
「In addition to higher product procurement costs caused by yen depreciation, conditions remained challenging as worsening labor shortages led to higher recruitment costs and labor expenses.」
It identifies higher product procurement costs resulting from yen depreciation as an actual impact, indicating that the previously identified foreign-exchange risk has materialized. - FY2017First statedAnnual report
「Most of the products sold by the Company are imported from various countries, principally China. Although the terms of overseas purchases are determined each time an order is placed, substantial fluctuations in foreign-exchange rates could affect the Company’s performance. The Company is also strengthening its initiatives in ASEAN countries other than China, but conditions in major supplier countries could affect the supply of its products and, consequently, its financial position and operating results.」
Against a backdrop of reliance on imports, it identifies substantial foreign-exchange fluctuations and conditions in major supplier countries as risks to performance and product supply.