Changes in Foreign Exchange Rates, Laws and Regulations, and Political and Social Factors Associated with Overseas Expansion
First written in FY2017. 5 of 24 entries say "Worsened", first in FY2021-Q3. Latest entry: FY2027-H1.
AEON Fantasy moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2027-H1Foreign exchange gains from the yen's depreciationAnnual report
「Foreign-exchange gains 707,743」
In the interim consolidated accounting period, the company recorded foreign-exchange gains of ¥70.774 million, a substantial increase from foreign-exchange gains of ¥4.968 million in the same period of the previous year. - FY2026Foreign exchange gains from the yen's depreciation increasedAnnual report
「As exchange rates in each country moved toward a weaker yen from the beginning of the period, the company recorded foreign-exchange gains of ¥1,821 million as non-operating income, compared with foreign-exchange losses of ¥457 million in the previous fiscal year. As a result, ordinary profit was ¥7,358 million, up 113.9% year on year.」
Foreign-exchange losses due to the stronger yen in the previous fiscal year reversed to foreign-exchange gains of ¥1,821 million due to the weaker yen in the current fiscal year, resulting in an actual impact on ordinary profit. - FY2026-H1Reversal from foreign-exchange losses due to the stronger yen to foreign-exchange gainsAnnual report
「Foreign-exchange gains 4,968 」
In the interim consolidated accounting period, the company recorded foreign-exchange gains of ¥4 million, reversing from foreign-exchange losses of ¥541.1 million in the same period of the previous year. Foreign-exchange fluctuations associated with overseas expansion continued to have an actual impact on consolidated results. Both quantified and materialized apply. - FY2025Foreign exchange losses from the yen's appreciation recorded for the full yearAnnual report
「As exchange rates in various countries moved in favour of a stronger yen from the beginning of the period, the company recorded ¥457 million in foreign exchange losses under non-operating expenses, compared with foreign exchange gains of ¥1,173 million in the previous fiscal year.」
Foreign-exchange gains of ¥1,173 million in the previous fiscal year turned into foreign-exchange losses of ¥457 million in the current fiscal year due to the stronger yen, and foreign-ex exchange fluctuations associated with overseas expansion weighed on ordinary profit. - FY2025-H1Reversed to foreign exchange losses from the yen's appreciationAnnual report
「As exchange rates in various countries moved in favour of a stronger yen, the company recorded ¥541 million in foreign exchange losses under non-operating expenses, compared with foreign exchange gains of ¥576 million in the same period of the previous year.」
Foreign exchange gains of ¥576 million from the yen's depreciation in the same period of the previous year turned into foreign exchange losses of ¥541 million from the yen's appreciation during the current interim consolidated accounting period, and foreign exchange fluctuations reduced ordinary profit. - FY2025-Q1Foreign exchange gain increased year on yearAnnual report
「Foreign exchange gains ¥581,118 thousand」
Foreign exchange gains under non-operating income were ¥581.118 million, up from ¥228.415 million in the same period of the previous year. Foreign exchange fluctuations continued to affect consolidated performance. - FY2024Foreign exchange gains from the yen's depreciation increased for the full yearAnnual report
「As exchange rates moved in favour of a weaker yen, the company recorded ¥1,173 million in foreign exchange gains under non-operating income,」
Foreign exchange gains from the yen's depreciation amounted to ¥1,173 million for the full year, up from ¥914 million for the cumulative third quarter at the previous review. - FY2024-Q3Foreign exchange gains from the yen's depreciation increasedAnnual report
「As exchange rates in various countries moved in favour of a weaker yen, the company recorded ¥914 million in foreign exchange gains under non-operating income.」
Foreign exchange gains from the yen's depreciation amounted to ¥914 million, up from ¥576 million in the previous quarter. - FY2024-Q2Foreign exchange gains from the yen's depreciation continued to increaseAnnual report
「As exchange rates in various countries moved in favour of a weaker yen, the company recorded ¥576 million in foreign exchange gains under non-operating income.」
The company recorded ¥576 million in foreign exchange gains from the yen's depreciation, and foreign exchange fluctuations continued to affect consolidated ordinary profit, following the previous quarter. - FY2024-Q1Foreign-exchange gains from yen depreciationAnnual report
「As exchange rates in various countries moved in favour of a weaker yen, the company recorded ¥228 million in foreign exchange gains, resulting in consolidated ordinary profit moving into positive territory.」
In the current quarter, foreign exchange fluctuations associated with the overseas business actually affected consolidated ordinary profit through ¥228 million in foreign exchange gains from the yen's depreciation. - FY2023WorsenedAnnual report
「The number of playground facilities similar to those operated by the Group is also increasing. Further intensification of competition may have a greater impact on the Group's business performance.」
In addition to foreign exchange and legal and regulatory risks, the company specified intensifying competition due to the increasing number of similar playground facilities as a risk associated with overseas expansion. - FY2023-Q3WorsenedAnnual report
「In China, the continued lockdown restrictions and strict movement controls under the zero-COVID policy increased the number of closed stores and substantially reduced customer traffic from September onward. Existing-store sales for the third quarter of the current fiscal year's consolidated accounting period were 47.7% of the same period in 2019, amid very challenging conditions.」
The impact of government restrictions and political and social factors associated with overseas expansion continued in the form of lockdowns, tighter movement controls and an increase in the number of closed stores in China. China's existing-store sales fell to 47.7% of the same period in 2019. - FY2023-Q2WorsenedAnnual report
「In China, lockdown restrictions and strict movement controls under the zero-COVID policy expanded, particularly in major cities such as Shanghai and Beijing. As a result, people were asked to refrain from going out, and customer traffic did not recover. Existing-store sales for the second quarter of the current fiscal year's consolidated accounting period were 58.3% of the same period in 2019, a difficult result.」
The impact of government restrictions and political and social factors associated with overseas expansion materialised in the form of lockdowns and movement controls in China, with Chinese existing-store sales remaining at 58.3% of the same period in 2019. - FY2022-Q3MitigatedAnnual report
「In the ASEAN business, which was significantly affected by store closures, all subsidiaries resumed store operations in November.」
In response to the impact of political and social factors associated with overseas expansion, including store closures due to government restrictions in each country, all ASEAN subsidiaries resumed operations in November. - FY2022-Q2RestatedAnnual report
「In the ASEAN business, government restrictions in response to the spread of COVID-19 resulted in the temporary closure of all stores in Thailand from April, nearly all stores in Malaysia and Vietnam from May, and nearly all stores in Indonesia from July. All stores in the Philippines have remained closed since the previous year.」
The company reaffirmed that store closures due to government restrictions continued in Thailand, Malaysia, Vietnam, Indonesia and the Philippines. - FY2022-Q1WorsenedAnnual report
「In the ASEAN business, government restrictions associated with the spread of COVID-19 led to the temporary closure of all stores in Thailand in April and nearly all stores in Malaysia and Vietnam from May. In the Philippines, all stores have remained closed since the previous year due to government restrictions. Meanwhile, restrictions were eased in Indonesia, where 21 of 29 stores were operating and sales were recovering.」
The impact of political and social factors associated with overseas expansion continued and expanded in the form of store closures due to government restrictions in Thailand, Malaysia, Vietnam and the Philippines. Meanwhile, restrictions were eased in Indonesia. - FY2021-Q3WorsenedAnnual report
「Thailand's recovery temporarily slowed because of large-scale demonstrations in October, but existing-store sales in November were 87.5% of the previous year. Meanwhile, sales in Indonesia and Malaysia were affected by government restrictions, mainly in metropolitan areas, including the temporary closure of some stores, while all stores in the Philippines remained temporarily closed.」
The impact of political and social factors associated with overseas expansion spread from demonstrations in Indonesia to large-scale demonstrations in Thailand and store closures resulting from government restrictions in Malaysia and Indonesia. - FY2020-Q1MaterialisedAnnual report
「The ASEAN business reported a decline in operating profit because same-store sales fell below the previous year in each market: in Malaysia, the effect of the Pokémon card game, which had performed strongly in the previous year, ran its course; in the Philippines, attracting customers to KIDZOOONA was difficult due to a measles outbreak; and in Indonesia, customer traffic declined because demonstrations occurred frequently in Jakarta.」
In Indonesia, a decline in customer traffic caused by frequent demonstrations in Jakarta actually occurred, and existing-store sales fell below the previous year. - FY2017First statedAnnual report
「Overseas business activities may be affected by economic growth trends and foreign exchange fluctuations, as well as changes in legal regulations concerning investment, trade, foreign currency, taxation and operating licences, differences in lifestyles, labour-management relations and other political and social factors.」
In connection with the expansion of its overseas business, the company disclosed the possibility of impacts from economic conditions, foreign exchange rates, laws and regulations, lifestyles, labour-management relations and political and social factors as risks.