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Kyowa (6570) · RiskMitigated

Rising Procurement Costs Due to Yen Depreciation and Higher Prices

First written in FY2023-Q1. 6 of 13 entries say "Mitigated", first in FY2024-Q2. Latest entry: FY2026.

13entries
5years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2023-Q1 – FY2023-Q3MitigatedFY2024 – FY20252022: 220222023: 420232024: 220242025: 220252026: 32026
Same theme, other companies
Rising Procurement Costs Driven by Component Raw Materials, Transportation Costs and Yen DepreciationA theme 43 companies write about · 43 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2019: 10 of 16 companies on the "Worse" side.

5 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 43 companies compared. The sentences above are computed from all 43.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Although higher procurement costs resulting from recent inflation and yen depreciation were areas of concern, revenue growth outpaced these factors and absorbed the increase in costs, resulting in record-high profit at every level.」

    The company stated that, although increased procurement costs due to higher prices and yen depreciation remain, growth in sales absorbed the increase in costs.
  2. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, the economy was on a gradual recovery trend and employment and income conditions were improving, but conditions remained uncertain due to a combination of factors, including higher prices, labor shortages and the constantly changing international situation.」

    The company continued to refer to an uncertain business environment, including cost increases caused by higher prices.
  3. FY2025MitigatedAnnual report

    「In terms of costs, although recent inflation and the weaker yen have increased procurement costs and remain concerns, sales growth exceeding those pressures absorbed the higher costs,」

    The company stated that, although higher procurement costs due to rising prices and yen depreciation continue, growth in sales absorbed the increase in costs.
  4. FY2024MitigatedAnnual report

    「In terms of costs, although recent higher prices, yen depreciation and other factors have raised concerns about increased procurement costs, growth in sales exceeding that impact absorbed the increase in costs, and the company achieved record operating income and ordinary income for the second consecutive fiscal year.」

    The company stated that, although higher procurement costs due to rising prices and yen depreciation remain a concern, growth in sales absorbed the increase in costs.
  5. FY2024-Q3RestatedAnnual report

    「Although cost concerns remain, including higher procurement costs due to recent inflation, the company continues initiatives to improve productivity, and costs are being appropriately controlled.」

    The company stated that, while increased procurement costs due to higher prices remain a concern, they are being appropriately controlled through initiatives to improve productivity.
  6. FY2024-Q2MitigatedAnnual report

    「Although cost concerns remain, including higher procurement costs due to the yen’s depreciation, the company has strengthened initiatives to improve productivity, and costs are being appropriately controlled.」

    The company stated that, while increased procurement costs due to yen depreciation remain a concern, they are being appropriately controlled through initiatives to improve productivity.
  7. FY2024-Q1MaterialisedAnnual report

    「In terms of costs, the company was affected by soaring energy costs, but growth in sales exceeding that impact absorbed the increase in costs,」

    The company stated that, while the impact of soaring energy costs had actually occurred, growth in sales had absorbed the increase in costs.
  8. FY2023MaterialisedAnnual report

    「In terms of costs, the company was significantly affected by soaring energy costs throughout the year, but growth in sales exceeding that impact absorbed the increase in costs,」

    The company disclosed that increases in procurement and energy costs related to yen depreciation, higher prices and other factors had actually affected its operating results. At the same time, it stated that growth in sales had absorbed the increase in costs.
  9. FY2023-Q3RestatedAnnual report

    「Although many factors remain unstable, including yen depreciation against the currencies of various countries and increased procurement costs resulting from rising prices worldwide,」

    The company continued to disclose concerns about increased procurement costs due to yen depreciation and rising prices worldwide, and pressure on earnings.
  10. FY2023-Q2RestatedAnnual report

    「In addition, prolonged pressure on earnings due to excessive yen depreciation resulting from U.S. monetary policy and other factors, as well as higher procurement costs caused by rising prices worldwide, is a concern.」

    The company continued to disclose concerns about higher procurement costs caused by excessive yen depreciation and rising prices worldwide, and the prolonged pressure on earnings.
  11. FY2023-Q1First statedAnnual report

    「The prolonged pressure on earnings due to higher procurement costs resulting from yen depreciation and higher prices is a concern.」

    The company disclosed the actual increase in procurement costs caused by yen depreciation and higher prices, and the possibility that pressure on earnings would persist, as a new risk.
Moved together

"Expansion of Corporate Scale and Nationwide Expansion of the Earnings Base" moved the same way as this thread, in the same document, in 5 of its 13 moves.

555554★123456
  1. ★This thread
  2. 1Expansion of Corporate Scale and Nationwide Expansion of the Earnings Base5×
  3. 2Growth through continued store openings5×
  4. 3Expansion beyond roadside locations and development of a store network across points, lines and areas5×
  5. 4Continuation of Long-Term, Stable Dividends5×
  6. 5Active Capital Investment in Amusement Equipment5×
  7. 6Entry into the toy and miscellaneous goods business centered on squeeze toys4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kyowa yet. It last moved in the General Meetings of Shareholders of 2026-06-01: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Rising Procurement Costs Due to Yen Depreciation and Higher Prices | Kyowa Corporation (6570) | Komori