Foreign Exchange Fluctuation Risk Associated with Overseas Sales and Outsourced Overseas Manufacturing
First written in FY2019. 7 of 11 entries say "Materialised", first in FY2023-Q2. Latest entry: 2026-10-15.
Kitanotatsujin moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).
The whole theme swung hardest in 2022: 5 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- 2026-10-15MaterialisedEarnings presentation
「商品の多くを海外から調達しており、円安による仕入原価上昇の影響を受けている」
SALONMOONで海外調達に伴う円安による仕入原価上昇が継続して発生している。 - FY2027-H1MaterialisedAnnual report
「However, because many of the products in this business are sourced from overseas, it has been affected by higher purchase costs resulting from the yen’s depreciation.」
SALONMOON continues to be affected by higher purchase costs resulting from the yen’s depreciation, reflecting its overseas sourcing. Rather than prioritising sales growth, the Company is prioritising the maintenance and improvement of profitability and is working to improve advertising investment efficiency and optimise its pricing strategy. - FY2024-Q3RestatedAnnual report
「In the previous consolidated fiscal year, there were periods in which we recorded an operating loss due to factors including the yen's record depreciation and surging procurement prices resulting from successive price increases for raw materials and transportation. However, by revising selling prices and reducing costs through improvements in import efficiency and inventory storage efficiency, we maintained our previous level of operating profit margin during the nine-month period ended December 2023.」
The company reconfirmed that, for SALONMOON, it responded to the yen's depreciation and rising raw material and transportation costs by revising selling prices and improving import and inventory efficiency, thereby maintaining its previous level of operating profit margin. - FY2024-Q1MitigatedAnnual report
「By revising selling prices and reducing costs through improvements in import efficiency and inventory storage efficiency, we expanded revenue during the three-month period ended June 2024 while maintaining our previous level of operating profit margin.」
To address the decline in SALONMOON's profit margin caused by the yen's depreciation and higher procurement prices, the company revised selling prices and improved import and inventory efficiency, expanding sales while maintaining its previous level of operating profit margin. - FY2023MaterialisedAnnual report
「As a result of these initiatives, revenue from SALONMOON grew steadily to ¥641.750 million in the fiscal year. However, profit margins declined because procurement prices rose amid successive price increases for various supplies, raw materials and transportation, compounded by the impact of the yen's record depreciation. In response, we revised selling prices and reduced costs by improving import efficiency and inventory storage efficiency.」
SALONMOON revenue expanded, but higher costs for supplies, raw materials and transportation, together with the yen's depreciation, led to an actual decline in profit margins. The company responded by revising selling prices and improving import and inventory efficiency. - FY2023-Q2MaterialisedAnnual report
「As a result of these initiatives, revenue from SALONMOON grew steadily to ¥325.922 million in the six-month period ended June 2023. However, profit margins declined because procurement prices rose amid successive price increases for various supplies, raw materials and transportation, compounded by the impact of the yen's record depreciation. In response, we revised our selling prices.」
The foreign exchange and cost-increase risks associated with overseas procurement and other activities materialized as a decline in SALONMOON's profit margin, and the company responded by revising selling prices. - FY2022MitigatedAnnual report
「To address these risks, we are working to reduce them by adjusting transaction volumes in line with exchange-rate trends, gathering appropriate information, and considering diversifying our business partners.」
For foreign exchange risk associated with overseas sales and outsourced overseas manufacturing, the company has specified transaction-volume adjustments, information gathering, and diversification of business partners as countermeasures. - FY2019First statedAnnual report
「We conduct foreign-currency transactions, including sales of products in overseas markets and outsourced manufacturing overseas. Sharp fluctuations in exchange rates may affect our operating results and financial position.」
The company explicitly identified the impact of sharp exchange-rate fluctuations on operating results and financial position as a new risk arising from foreign-currency transactions related to overseas sales and outsourced overseas manufacturing.