Increase in the Import Value of Overseas-Manufactured Products Due to Exchange-Rate Fluctuations
First written in FY2017. 8 of 12 entries say "Materialised", first in FY2023-Q3. Latest entry: FY2025.
Nishimatsuya Chain moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 43 of 67 companies on the "Worse" side.
20 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Gross profit was ¥64.03 billion, up 4.2% year on year. The gross profit margin was 34.4%, down 0.3 percentage points year on year, but gross profit increased because net sales rose.」
Amid continued foreign exchange fluctuations, the gross profit margin fell 0.3 percentage points year on year. - FY2025-H1MaterialisedAnnual report
「Although the gross profit margin declined due to the weaker yen and other factors, higher net sales resulted in gross profit of ¥32.616 billion, up 4.9% year on year.」
The impact of the weaker yen and other factors on procurement costs and the gross profit margin also appeared during the interim accounting period, and is described as a decline in the gross profit margin. - FY2024MaterialisedAnnual report
「Gross profit was ¥61.468 billion, up 4.1% year on year. The gross profit margin was 34.7%, down 0.1 percentage points year on year, but gross profit increased because net sales rose.」
Amid continued foreign exchange movements and other factors, the full-year gross profit margin fell 0.1 percentage points year on year to 34.7%. Gross profit increased on higher net sales. - FY2024-Q3MaterialisedAnnual report
「Although the gross profit margin declined due to the weaker yen and other factors, higher net sales resulted in gross profit of ¥47.977 billion, up 3.5% year on year.」
The impact of the weaker yen and other factors on procurement costs and the gross profit margin also appeared in the third quarter of the 68th fiscal year, and is described as a decline in the gross profit margin. - FY2024-Q2MaterialisedAnnual report
「Although the gross profit margin declined due to the weaker yen and other factors, higher net sales resulted in gross profit of ¥31.079 billion, up 1.9% year on year.」
The impact of the weaker yen and other factors on procurement costs and the gross profit margin also appeared in the second quarter of the 68th fiscal year, and is described as a decline in the gross profit margin. - FY2024-Q1MaterialisedAnnual report
「Although net sales increased, higher procurement costs due to the weaker yen and other factors resulted in gross profit of ¥16.741 billion, down 0.7% year on year.」
Higher procurement costs due to the weaker yen and other factors continued into the first quarter, while gross profit fell 0.7% year on year despite higher net sales. - FY2023MaterialisedAnnual report
「Although net sales increased from the previous fiscal year, purchasing costs rose due mainly to the sharp depreciation of the yen, lowering the gross profit margin and reducing gross profit.」
Higher procurement costs due to the sharp depreciation of the yen and other factors have appeared in actual results as a decline in full-year gross profit. - FY2023-Q3MaterialisedAnnual report
「Gross profit was affected by higher procurement costs due to the weaker yen and other factors, resulting in a gross profit margin of 35.5%, down 1.3 percentage points year on year.」
The impact on actual results is described as higher procurement costs and a lower gross profit margin due to foreign exchange movements, particularly the weaker yen. - FY2020RestatedAnnual report
「Many of the products we sell are manufactured overseas, and foreign exchange movements may affect their import cost. Foreign exchange movements have a direct impact particularly on products that we independently develop and import, so we hedge this risk using forward exchange contracts. However, if sharp and significant foreign exchange movements continue, they may affect our business performance.」
The impact of foreign exchange rates on overseas-manufactured products, together with hedging through forward exchange contracts, is reiterated. - FY2019RestatedAnnual report
「Many of the products we sell are manufactured overseas, and foreign exchange movements may affect their import cost. Foreign exchange movements have a direct impact particularly on products that we independently develop and import, so we hedge this risk using forward exchange contracts. However, if sharp and significant foreign exchange movements continue, they may affect our business performance.」
The impact of foreign exchange rates on overseas-manufactured and development-imported products, together with hedging through forward exchange contracts, is reiterated. - FY2018RestatedAnnual report
「Many of the products we sell are manufactured overseas, and foreign exchange movements may affect their import cost.」
The impact of foreign exchange movements on the import cost of overseas-manufactured products and hedging through forward exchange contracts are disclosed again. - FY2017First statedAnnual report
「Many of the products we sell are manufactured overseas, and foreign exchange movements may affect their import cost. Foreign exchange movements have a direct impact particularly on products that we independently develop and import, so we hedge this risk using forward exchange contracts. However, if sharp and significant foreign exchange movements continue, they may affect our business performance.」
The impact of foreign exchange movements on the import cost of overseas-manufactured and independently developed imported products, together with hedging through forward exchange contracts, is described.