Lower gross margin on imported products due to yen depreciation
First written in FY2023. 1 of 2 entries say "Worsened", first in FY2024. Latest entry: FY2024.
Vixton moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 54 of 85 companies on the "Worse" side.
15 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「The gross profit margin was 47.5%, down 1.3 percentage points from the previous consolidated fiscal year. This was attributable to lower gross margins on the Company’s imported products due to yen depreciation.」
The decline in gross margins on imported products due to yen depreciation continued, and the consolidated gross profit margin fell 1.3 percentage points year on year to 47.5%. - FY2023First statedAnnual report
「The gross profit margin was 48.8%, down 3.1 percentage points from the previous consolidated fiscal year. This was attributable to lower gross margins on the Company’s imported products due to yen depreciation.」
The lower gross margin on imported products due to yen depreciation reduced the gross profit margin by 3.1 percentage points year on year, explicitly identifying this external-environment risk in the full-year results.