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Komehyo Holdings (2780) · RiskMitigatedLatest Monthly (2026-10-20): "Worsened"

Risk of Sales Fluctuations Due to Trends, Exchange Rates and Precious Metal Prices

First written in FY2016. 6 of 15 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-10-20.

15entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2017-Q1 – FY2017RestatedFY2018 – FY20202016: 320162017: 220172018: 120182019: 020192020: 120202021: 020212022: 020222023: 020232024: 120242025: 120252026: 62026
Same theme, other companies
Impact of Market Price Fluctuations in Merchandise Handled on Sales, Purchases and Inventory ValuationA theme 5 companies write about · 4 as a headwind · 0 as a tailwind

Komehyo Holdings moved to the "Worse" side of this theme in 2016, 8 years before the typical company in this theme (2024).

0 other companies' latest entry also says "Worsened".

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. FY2026MitigatedAnnual report

    「The branded resale market, our group's primary market, was in a weak market environment in the first half, but demand was very strong in the second half as market conditions stabilised.」

    The market environment changed from weakness in the first half to stable market conditions and a recovery in demand in the second half, indicating that the risk of sales fluctuations caused by product market prices eased in the latter half of the fiscal year.
  2. FY2026-H1Partial recovery, but overall weakness continuesAnnual report

    「In the branded resale business, market prices for products showed some signs of recovery, but overall remained weak from the previous fiscal year, as the impact of overseas monetary policy trends and geopolitical risks on foreign exchange markets and the global economy remained uncertain.」

    Although market prices for products showed some signs of recovery, overall weakness has continued from the previous fiscal year.
  3. FY2025-H1MaterialisedAnnual report

    「In the branded resale business, market prices for products, particularly high-priced watches and branded bags, remained weak due to the impact of foreign exchange fluctuations.」

    The risk of fluctuations in product value and sales due to foreign exchange movements has emerged in the form of weak market prices for high-priced watches and branded bags.
  4. FY2020RestatedAnnual report

    「There is a risk that revenue, particularly from high-priced products, may fluctuate significantly due to sharp fluctuations in foreign exchange rates, stock market conditions and other factors, as well as sudden changes in economic sentiment.」

    The risk of fluctuations in sales of high-priced products due to fashion trends, foreign exchange and precious metals prices, stock market conditions and changes in economic sentiment is being reconfirmed.
  5. FY2018RestatedAnnual report

    「However, some products may lose value over a short period due to economic obsolescence accompanying changes in fashion trends or fluctuations in foreign exchange rates and precious metals and bullion prices. Sales trends for other products may be significantly affected by whether or not there are popular or hit products that drive sales.」

    The risks of fluctuations in product value and sales due to fashion trends, foreign exchange rates, precious metals prices and the availability of popular products are being reconfirmed.
  6. FY2017MaterialisedAnnual report

    「Although we worked to secure sales through new store openings and implemented various sales promotion initiatives, sales, particularly of high-priced products, remained sluggish amid weaker consumer sentiment, slower inbound consumption and other factors, resulting in a decline in revenue.」

    Lower consumer sentiment and slower inbound consumption have held back sales of high-priced products, resulting in a 12.6% year-on-year decline in revenue.
  7. FY2017-Q3MaterialisedAnnual report

    「Although we worked to secure sales through new store openings in the previous consolidated fiscal year and implemented various sales promotion initiatives, sales, particularly of high-priced products, remained sluggish amid weaker consumer sentiment, slower inbound consumption and other factors, resulting in a decline in revenue.」

    Lower consumer sentiment and slower inbound consumption have held back sales of high-priced products, emerging as an 11.5% decline in revenue.
  8. FY2017-Q2MaterialisedAnnual report

    「Although we worked to secure sales through new store openings in the previous consolidated fiscal year and implemented various sales promotion initiatives, sales, particularly of high-priced products, remained sluggish amid weaker consumer sentiment and other factors, resulting in a decline in revenue.」

    Lower consumer sentiment has continued to weigh on sales of high-priced products, with the impact emerging as a decline in revenue.
  9. FY2017-Q1MaterialisedAnnual report

    「Although the company worked to secure sales through new store openings in the previous consolidated fiscal year and various sales-promotion measures, sales of high-priced products in particular remained sluggish amid weaker consumer sentiment, resulting in lower revenue.」

    Lower consumer sentiment has held back sales of high-priced products, with the impact emerging as a decline in revenue.
  10. FY2016First statedAnnual report

    「Some products may lose value over a short period due to fluctuations in foreign exchange rates and precious-metals and bullion prices, while sales trends for others are significantly affected by the presence or absence of popular or hit products that drive demand.」

    The company indicates that product values and sales of popular and high-priced products may be affected by market fluctuations and trends.
Moved together

"Earnings trend of higher revenue but lower profit" moved the same way as this thread, in the same document, in 6 of its 15 moves.

655432★123456
  1. ★This thread
  2. 1Earnings trend of higher revenue but lower profit6×
  3. 2Risk Relating to the Stable Procurement of Secondhand Goods5×
  4. 3Intensifying Competition for Acquisitions and Customer Selection of Stores5×
  5. 4Risk from Reliance on Interest-Bearing Debt, Interest Rates and Lending Stance4×
  6. 5Review and strengthening of the auction business and expansion of the corporate business3×
  7. 6Strengthening the Overseas Business2×

★ 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
No upcoming earnings preview for Komehyo Holdings yet. It last moved in the Monthly of 2026-10-20: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of Sales Fluctuations Due to Trends, Exchange Rates and Precious Metal Prices | Komehyo Holdings Co.,Ltd. (2780) | Komori