Overseas Markets, Country Risk and Exchange-Rate Fluctuations
First written in FY2016. 5 of 9 entries say "Materialised", first in FY2022-Q1. Latest entry: FY2026.
Marvelous moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
23 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In addition, because titles released in North America underperformed expectations, valuation losses and impairment losses (extraordinary losses) were recognized on the related inventories and fixed assets.」
Titles released in North America underperformed expectations, resulting in valuation losses and impairment losses on inventories and fixed assets. - FY2023WorsenedAnnual report
「In addition to the lack of titles in Japan and overseas, sales declined from the previous fiscal year due to factors including worsening economic conditions, particularly in the North American and European markets.」
The company states that overseas sales declined due to worsening economic conditions in the North American and European markets, indicating that overseas market risk has affected performance. - FY2023-Q3MaterialisedAnnual report
「The overseas rollout of "Pokémon Ga-Olé" was affected by COVID-19 in some regions, but operations proceeded smoothly in other regions.」
While the overseas title continued to be affected by the infectious disease in some regions, it proceeded smoothly in other regions. - FY2023-Q1MaterialisedAnnual report
「The overseas rollout of "Pokémon Ga-Olé" continued to be affected by the voluntary suspension or restriction of operations in some areas where COVID-19 was spreading, while operations proceeded smoothly in other regions.」
The overseas title continued to be affected by voluntary suspensions and operating restrictions in areas where infections were spreading. - FY2022-Q1MaterialisedAnnual report
「The overseas rollout of "Pokémon Ga-Olé" was affected by the voluntary suspension or restriction of operations in some areas where infections were spreading.」
The overseas title was actually affected by voluntary suspensions and operating restrictions in areas where infections were spreading. - FY2016First statedAnnual report
「Risks exist in overseas markets, including market trends, political, economic, legal, cultural and customary factors, the presence of competitors, various country risks, securing personnel and tax risks in overseas transactions.」
Also cites foreign exchange fluctuations associated with overseas subsidiaries and foreign-currency-denominated transactions.