Rising Procurement Risks from Yen Depreciation and Higher Labor Costs in China, Among Other Factors
First written in FY2016. 7 of 15 entries say "Restated". Latest entry: 2026-05-15.
Tsukamoto Corporation 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: 8 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- 2026-05-15MaterialisedRevisions to earnings forecasts
「In addition, during the consolidated fiscal year, procurement costs increased due to exchange rate fluctuations and rising prices.」
円安等の為替変動や物価上昇に伴う調達コスト増加が、当年度の事業運営に引き続き表れている。 - FY2024MaterialisedAnnual report
「In addition, during the consolidated fiscal year, procurement costs increased due to exchange rate fluctuations and rising prices.」
Higher procurement costs resulting from foreign exchange fluctuations and inflation materialised in the business environment during the fiscal year. The company is responding by reviewing procurement costs and selling prices and reducing expenses. - FY2024-Q3RestatedAnnual report
「Although the effects of yen depreciation still remain, the company has reviewed purchase prices, worked to improve its gross profit margin and reduced expenses in selling, general and administrative expenses.」
While the effects of yen depreciation continue, the company is continuing its response through purchase-price reviews and expense reductions. - FY2024-Q2MaterialisedAnnual report
「Although the effects of yen depreciation remain, the company reviewed purchase prices and worked to improve its gross profit margin and reduce expenses in selling, general and administrative expenses, but」
While the effects of yen depreciation continue, the company is reviewing purchase prices to improve its gross profit margin. The effects of yen depreciation and higher procurement costs continue to be reflected in business operations. - FY2024-Q1MitigatedAnnual report
「In the uniform business, margins, which had fallen sharply in the previous consolidated fiscal year, recovered and earnings improved, owing to an increase in new orders for uniform products and progress in addressing foreign exchange fluctuations, among other factors.」
It explains that progress in addressing foreign exchange fluctuations led to a recovery in the margin in the uniform business, which had declined in the previous fiscal year. - FY2023MaterialisedAnnual report
「In the health and lifestyle business, sales declined partly because of weak direct-to-consumer sales through television and other channels. In addition, a sharp increase in product costs due to yen depreciation and higher raw-material prices reduced the profit margin, resulting in a substantial decline in profit.」
Higher product costs due to yen depreciation and higher raw-material prices have materialised as lower margins and an operating loss of ¥254 million in the health and lifestyle business. - FY2023-Q3MaterialisedAnnual report
「In the health and lifestyle business, sales declined partly because of weak direct-to-consumer sales through television and other channels. In addition, a sharp increase in product costs due to yen depreciation and higher raw-material prices reduced the profit margin, resulting in a substantial decline in profit.」
The sharp increase in product costs due to yen depreciation and higher raw-material prices has materialised as lower margins and a substantial decline in profit in the health and lifestyle business. - FY2023-Q2MaterialisedAnnual report
「In the health and lifestyle business, sales declined partly because of weak direct-to-consumer sales through television and other channels. In addition, a sharp increase in product costs due to yen depreciation and higher raw-material prices reduced the profit margin, resulting in a substantial decline in profit.」
The sharp increase in product costs due to yen depreciation and higher raw-material prices has materialised as lower margins and a substantial decline in profit in the health and lifestyle business. - FY2022RestatedAnnual report
「Overseas production and procurement activities entail risks including higher production and procurement costs resulting from changes in economic conditions, such as fluctuations in exchange rates and the value of local currencies. Accordingly, the Group is working to mitigate foreign exchange risk through hedging transactions using derivatives such as forward foreign exchange contracts.」
Reconfirms the risks associated with overseas procurement costs and foreign exchange fluctuations, and the hedging policy using forward foreign exchange contracts and other instruments. - FY2020RestatedAnnual report
「Overseas production and procurement activities entail risks including higher production and procurement costs resulting from changes in economic conditions, such as fluctuations in exchange rates and the value of local currencies. Accordingly, the Group is working to mitigate foreign exchange risk through hedging transactions using derivatives such as forward foreign exchange contracts.」
Continues to describe the risks of foreign exchange fluctuations and higher overseas procurement costs, together with mitigation measures using forward foreign exchange contracts and other instruments. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy remained on a gradual recovery path, with improvements in corporate earnings, employment conditions and the environment for personal income. However, concerns such as soaring logistics and overseas procurement costs and unstable overseas conditions persisted, leaving the outlook uncertain.」
Continues to identify higher logistics and overseas procurement costs as concerns. - FY2018RestatedAnnual report
「With higher logistics and overseas procurement costs and concerns including unstable conditions overseas, the outlook remains uncertain.」
Reconfirms higher logistics and overseas procurement costs as concerns. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy remained on a gradual recovery path, with improvements in corporate earnings, employment conditions and the environment for personal income. However, concerns such as soaring logistics and overseas procurement costs and unstable overseas conditions persisted, leaving the outlook uncertain.」
Explicitly identifies higher logistics and overseas procurement costs as concerns and reconfirms the risk of rising procurement costs. - FY2017RestatedAnnual report
「The Group's performance may be affected by expanding procurement risks, including higher product costs, against a backdrop of yen depreciation, rising labour costs in China and elsewhere, and instability in production systems.」
Reconfirms the risk of higher product costs due to yen depreciation, rising labour costs in China and elsewhere, and unstable production systems. - FY2016First statedAnnual report
「The Group's performance may be affected by expanding procurement risks, including higher product costs, against a backdrop of yen depreciation, rising labour costs in China and elsewhere, and instability in production systems.」
Indicates the possibility of higher product costs driven by yen depreciation, labour costs and production systems.