Impact of Exchange-Rate Fluctuations on Product Prices and Financial Performance
First written in FY2018. 10 of 15 entries say "Restated". Latest entry: 2026-03-16.
Enigmo moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
19 other companies' latest entry also says "Worsened".
- 2026-03-16WorsenedEarnings forecast revision
「Revenue was affected by the continued difficult consumer environment for BUYMA, our core business, as the euro strengthened further toward the second half of the fiscal year.」
The euro strengthened further toward the second half of the fiscal year, and the effects of foreign exchange movements on the BUYMA business environment have continued. - FY2025-H1RestatedAnnual report
「The impact of surging resource, raw material, and energy prices, together with rising prices against a backdrop of the yen’s historic depreciation, on consumer trends is significant, and the outlook for the economy remains difficult to view optimistically.」
The company continues to describe a situation in which yen depreciation and higher prices affect consumer trends and the business environment. - FY2025-Q1WorsenedAnnual report
「The challenging situation continues amid the effects of currency movements resulting from the unprecedented depreciation of the yen and higher prices caused by overseas inflation,」
The effects of currency movements and higher prices caused by overseas inflation are described more strongly as factors making BUYMA’s business environment challenging. - FY2024RestatedAnnual report
「Rapid fluctuations in foreign exchange rates may affect product prices and may also affect the business performance and financial position of the company.」
The company continues to disclose indirect foreign exchange effects through sellers’ overseas purchasing and price setting. - FY2024-Q3RestatedAnnual report
「Surging crude oil prices due to the prolonged Russia-Ukraine war and the subsequent Israel-Hamas conflict, together with rising prices and interest rates against a backdrop of the yen’s relentless depreciation」
The company continues to describe a situation in which yen depreciation, crude oil prices, and rising prices and interest rates affect product prices and the business environment. - FY2024-Q2RestatedAnnual report
「Surging crude oil prices due to the prolonged Russia-Ukraine situation, together with rising prices and interest rates against a backdrop of the yen’s relentless depreciation」
The company continues to describe a situation in which yen depreciation, surging crude oil prices, and rising prices and interest rates affect product prices and the business environment. - FY2024-Q1RestatedAnnual report
「During the cumulative first-quarter period, the global fashion e-commerce market remained challenging as it was affected by currency movements and higher prices resulting from overseas inflation,」
The company continues to identify the effects of currency movements and higher prices resulting from overseas inflation as part of the challenging external environment for the fashion e-commerce market. - FY2023RestatedAnnual report
「However, products sold on BUYMA are purchased independently by individual sellers overseas and elsewhere, with each seller setting its own prices. Accordingly, rapid fluctuations in foreign exchange rates may affect product prices and may also affect the company's business performance and financial position.」
The company continues its policy of mitigating indirect foreign exchange effects from sellers’ overseas purchasing and price setting by diversifying sellers and regions. - FY2023-Q3WorsenedAnnual report
「As the yen continues to depreciate rapidly and overseas inflation raises seller-set prices, consumer sentiment among light users continues to deteriorate,」
The company specifically describes a situation in which yen depreciation leads to weaker consumer sentiment through overseas inflation and higher seller-set prices. - FY2023-Q1WorsenedAnnual report
「The fashion-related e-commerce and luxury markets have not recovered from the downturn in consumer activity caused by prolonged measures to prevent the spread of infection, and a challenging external environment has continued, partly due to the weaker yen.」
In addition to the existing risk from currency fluctuations, the company specifically identifies the continued depreciation of the yen as a factor contributing to the challenging external environment for the fashion-related market. - FY2022RestatedAnnual report
「However, products sold on BUYMA are purchased independently by individual sellers overseas and elsewhere, with each seller setting its own prices. Accordingly, rapid fluctuations in foreign exchange rates may affect product prices and may also affect the company's business performance and financial position.」
The company continues its policy of mitigating indirect foreign exchange effects from sellers’ overseas purchasing and price setting by diversifying sellers and regions. - FY2021RestatedAnnual report
「However, products sold on BUYMA are purchased independently by individual sellers overseas and elsewhere, with each seller setting its own prices. Accordingly, rapid fluctuations in foreign exchange rates may affect product prices and may also affect the company's business performance and financial position.」
The company continues its policy of mitigating indirect foreign exchange effects from sellers’ overseas purchasing and price setting by diversifying sellers and regions. - FY2020RestatedAnnual report
「However, products sold on BUYMA are purchased independently by individual sellers overseas and elsewhere, with each seller setting its own prices. Accordingly, rapid fluctuations in foreign exchange rates may affect product prices and may also affect the company's business performance and financial position.」
Although direct impact from yen-denominated settlements is considered limited, indirect foreign exchange effects through sellers’ overseas purchasing and price setting continue. - FY2019RestatedAnnual report
「However, products sold on BUYMA are purchased independently by individual sellers overseas and elsewhere, with each seller setting its own prices. Accordingly, rapid fluctuations in foreign exchange rates may affect product prices and may also affect the company's business performance and financial position.」
Although direct impact from yen-denominated settlements is considered limited, indirect foreign exchange effects through overseas purchasing and price setting continue. - FY2018First statedAnnual report
「Rapid fluctuations in foreign exchange rates may affect product prices and may also affect the business performance and financial position of the Group.」
Although direct impact is generally limited because settlements are made in yen, the company discloses indirect foreign exchange effects arising from its business model, in which sellers purchase and set prices overseas.