Risks of exchange-rate fluctuations affecting imported fabrics and rising production costs
First written in FY2021. 10 of 13 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2022: 33 of 59 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The made-to-measure suit industry, to which we belong, is also being affected by higher purchase costs resulting from the depreciation of the yen and consumers' focus on saving, and the challenging business environment is continuing.」
The impact of higher purchase costs resulting from the depreciation of the yen is described as continuing. - FY2025-H1RestatedAnnual report
「The made-to-measure suit industry, to which we belong, has also been significantly affected by the depreciation of the yen on product costs, and the challenging business environment is continuing.」
The impact of higher product costs resulting from the depreciation of the yen is described as remaining significant. - FY2024RestatedAnnual report
「However, a short-term change in foreign exchange rates could affect purchase costs. In addition, if labor costs and other expenses rise in China, our main outsourced production base, the purchase cost of products could increase.」
The company continues to identify the risk to purchase costs from exchange-rate fluctuations affecting imported fabrics and rising production costs in China, as well as the use of forward exchange contracts to mitigate the impact. - FY2024-Q3RestatedAnnual report
「The made-to-measure suit industry, to which we belong, continues to face a challenging business environment, including rising purchase costs due to soaring raw material prices and the prolonged depreciation of the yen.」
The impact of higher purchase costs resulting from soaring raw material prices and the prolonged depreciation of the yen is described as continuing. - FY2024-Q2RestatedAnnual report
「The made-to-measure suit industry, to which we belong, continues to face a challenging business environment, including rising purchase costs due to soaring raw material prices and the depreciation of the yen.」
The impact of higher purchase costs resulting from soaring raw material prices and the depreciation of the yen is described as continuing. - FY2024-Q1RestatedAnnual report
「The made-to-measure suit industry, to which we belong, has also been significantly affected by the depreciation of the yen on product costs, and the challenging business environment is continuing.」
The impact of higher product costs resulting from the depreciation of the yen is described as remaining significant. - FY2023RestatedAnnual report
「The made-to-measure suit industry also continues to face a challenging business environment, including rising purchase costs due to soaring raw material prices and the depreciation of the yen.」
The impact of higher purchase costs resulting from soaring raw material prices and the depreciation of the yen remains a business-environment risk. - FY2023-Q3RestatedAnnual report
「The made-to-measure suit industry, to which we belong, continues to face a challenging business environment, including rising purchase costs due to soaring raw material prices and the depreciation of the yen.」
The impact of higher purchase costs resulting from soaring raw material prices and the depreciation of the yen is described as continuing. - FY2023-Q2RestatedAnnual report
「The made-to-measure suit industry, to which we belong, continues to face a challenging business environment, including rising purchase costs due to soaring raw material prices and the depreciation of the yen.」
The impact of higher purchase costs resulting from soaring raw material prices and the depreciation of the yen is described as continuing. - FY2023-Q1RestatedAnnual report
「The made-to-measure suit industry, to which we belong, has also been significantly affected by the rise in product costs resulting from the sharp depreciation of the yen, and the challenging business environment is continuing.」
The impact of higher product costs resulting from the sharp depreciation of the yen is described as continuing. - FY2022WorsenedAnnual report
「The impact of soaring raw material prices and the sharp depreciation of the yen on purchase prices is significant, and the challenging business environment is continuing.」
In addition to the existing risks of exchange-rate fluctuations and rising production costs in China, the company explicitly identifies the impact of soaring raw material prices and the sharp depreciation of the yen on purchase prices. - FY2022-Q3WorsenedAnnual report
「Global inflation is accelerating amid concerns over energy supply disruptions stemming from Russia's military invasion of Ukraine and soaring raw material prices, raising concerns that this may weigh on consumer sentiment going forward.」
The worsening external cost environment, including soaring raw material prices and accelerating inflation, is identified as a factor related to the existing risk of rising production costs. - FY2021First statedAnnual report
「A short-term change in foreign exchange rates could affect purchase costs. In addition, if labor costs and other expenses rise in China, our main outsourced production base, the purchase cost of products could increase.」
Imports from Italy account for a large proportion of purchases, and forward exchange contracts are used to mitigate the impact of euro-denominated transactions.