Instability in the Procurement Environment for Reused Devices Due to Semiconductor Shortages and Yen Depreciation
First written in FY2022-Q3. 2 of 5 entries say "Mitigated", first in FY2024-Q1. Latest entry: FY2024-H1.
The whole theme swung hardest in 2023: 4 of 13 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2024-H1MitigatedAnnual report
「In its global channels, the Company is developing a global trading environment for both sales and procurement to respond flexibly to foreign-exchange movements. Recently, sales and profit exceeded initial expectations, helped by the yen's depreciation.」
The company states that, in response to procurement risks arising from exchange-rate fluctuations, it is developing overseas trading environments for both sales and procurement, and that sales and profit have recently exceeded expectations with yen depreciation acting as a tailwind. - FY2024-Q1MitigatedAnnual report
「By establishing a global trading environment covering both sales and procurement, we aim to build a trading structure that can respond flexibly to future foreign-exchange movements.」
The company has indicated a policy of responding to procurement risks arising from yen depreciation and exchange-rate fluctuations by developing overseas trading environments for both sales and procurement. - FY2023RestatedAnnual report
「For trading in reused mobile devices, we are taking steps to strengthen relationships across our existing network and improve the transaction closing rate through detailed price adjustments, as measures to address the impact of the yen's depreciation trend on the procurement of products for domestic industry peers.」
We recognize the impact of yen depreciation on the procurement of reused devices and are responding by strengthening our existing network and adjusting prices. - FY2023-Q3MaterialisedAnnual report
「Trading in reused mobile devices fell short of expectations due to the impact of yen depreciation on product procurement.」
The impact of yen depreciation on procurement was reflected in trading of reused mobile devices falling short of expectations. - FY2022-Q3First statedAnnual report
「The procurement environment for the high-quality reused mobile devices that are the main products of the reuse-related business remained unstable as the global semiconductor shortage caused by the COVID-19 pandemic continued, compounded by the effects of the rapid depreciation of the yen and other factors.」
The procurement environment for 日本テレホン's high-quality reused mobile devices has in fact become unstable due to the global semiconductor shortage and the rapid depreciation of the yen.