Overseas Procurement Risks Related to Foreign Exchange, Local Costs and Production Management
First written in FY2016. 9 of 16 entries say "Materialised", first in FY2022-Q2. Latest entry: 2026-05-15.
Tsukamoto Corporation moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 6 of 12 companies on the "Worse" side.
3 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.」
為替変動・物価上昇による仕入コスト増加が当年度にも実際に発生したことを記載している。 - FY2025MaterialisedAnnual report
「In addition, during the consolidated fiscal year, procurement costs increased due to exchange rate fluctuations and rising prices.」
The increase in procurement costs due to exchange rate fluctuations and rising prices actually occurred again during the fiscal year and is cited as one factor behind the deterioration in the gross profit margin and the expansion of the operating loss. - FY2024-Q3RestatedAnnual report
「Under these conditions, the Group continued to review procurement prices to improve its gross profit margin and reduce expenses included in selling, general and administrative expenses, while the impact of the yen's depreciation persisted.」
The Group is reviewing procurement prices and reducing expenses while the impact of the yen's depreciation persists, and the effects of foreign exchange movements and higher sourcing costs continue to be reflected in business operations. - FY2024-Q2MaterialisedAnnual report
「Under these conditions, despite the continued impact of yen depreciation, the Group reviewed procurement prices, worked to improve its gross profit margin, and reduced selling, general and administrative expenses. However, lower order value in some businesses and withdrawal from a sales business with a high-cost structure had a significant impact, resulting in lower revenue than in the first 6 months of the previous fiscal year.」
Although the company reviewed procurement prices and reduced expenses while the impact of the yen's depreciation persisted, procurement cost conditions and declining orders actually emerged as factors behind lower sales. - FY2023MaterialisedAnnual report
「In addition, during the consolidated fiscal year, procurement costs increased due to exchange rate fluctuations and rising prices.」
The increase in procurement costs due to exchange rate fluctuations and rising prices is stated to have actually affected the business environment during the fiscal year. - FY2023-Q3MaterialisedAnnual report
「The uniform business reported higher sales due in part to new orders for uniform products, but profit declined as its profit margin fell due to the sharp depreciation of the yen and soaring raw material prices.」
The sharp depreciation of the yen and soaring raw material prices actually resulted in lower profit margins and lower profit in the uniform business. - FY2023-Q2MaterialisedAnnual report
「The uniform business reported lower sales and lower profit as its profit margin declined due to the sharp depreciation of the yen and soaring raw material prices, in addition to a decrease in new orders for uniform products.」
The sharp depreciation of the yen and soaring raw material prices actually resulted in lower profit margins, lower sales, and lower profit in the uniform business. - FY2023-Q1MaterialisedAnnual report
「The health and lifestyle business reported lower sales and lower profit due to sluggish mail-order sales of televisions and other products, which had performed well in the previous consolidated fiscal year, as well as a sharp increase in product costs resulting from soaring raw material prices and other factors.」
The sharp increase in product costs due to higher raw material prices actually emerged as a factor behind lower sales and lower profit in the health and lifestyle business. - FY2022WorsenedAnnual report
「In addition, during the consolidated fiscal year, procurement costs increased due to exchange rate fluctuations and rising prices.」
The increase in procurement costs due to exchange rate fluctuations and rising prices is stated to have actually affected the business environment during the fiscal year. The cost impact of overseas production and sourcing risks has become concrete. - FY2022-Q3MaterialisedAnnual report
「The apparel business reported a substantial decrease in sales due to a decline in orders for hygiene products, in addition to the impact of production delays in ASEAN.」
Production delays in ASEAN actually occurred and are cited as a major factor behind the substantial decline in sales in the apparel business. - FY2022-Q2MaterialisedAnnual report
「In Vietnam, prolonged lockdowns implemented as a measure against COVID-19 also resulted in delays in the production of apparel products.」
Vietnam's prolonged lockdowns actually resulted in production delays in overseas manufacturing. - FY2020WorsenedAnnual report
「There are risks of higher production and sourcing costs due to changes in economic conditions, including fluctuations in exchange rates and the value of local currencies, in overseas production and sourcing activities. Accordingly, the Group seeks to mitigate foreign exchange risk through hedging transactions using derivatives such as forward exchange contracts. The Group also seeks to strengthen its quality control systems to prevent product-related incidents caused by production management problems, but these risks cannot be completely avoided and may affect the Group's operating results, financial position, and other matters.」
Overseas sourcing risks and the Group's hedging and quality control measures were reaffirmed. In addition, the spread of infections in China actually resulted in delays in producing new products and lost sales opportunities. - FY2019RestatedAnnual report
「In overseas production and sourcing activities, unexpected events may occur, including higher production and sourcing costs due to changes in economic conditions such as fluctuations in exchange rates and the value of local currencies, as well as product-related incidents caused by problems in production management.」
The risks of foreign exchange fluctuations, higher costs, production management problems, and product-related incidents associated with overseas production and sourcing are reiterated. - FY2018RestatedAnnual report
「In overseas production and sourcing activities, unexpected events may occur, including higher production and sourcing costs due to changes in economic conditions such as fluctuations in exchange rates and the value of local currencies, as well as product-related incidents caused by problems in production management.」
The risks of foreign exchange fluctuations, higher production costs, production management problems, and product-related incidents associated with overseas production and sourcing are reiterated. - FY2017RestatedAnnual report
「In overseas production and sourcing activities, unexpected events may occur, including higher production and sourcing costs due to changes in economic conditions such as fluctuations in exchange rates and the value of local currencies, as well as product-related incidents caused by problems in production management.」
The risks of foreign exchange fluctuations, higher production costs, production management problems, and product-related incidents associated with overseas production and sourcing are reiterated. - FY2016First statedAnnual report
「In overseas production and sourcing activities, unexpected events may occur, including higher production and sourcing costs due to changes in economic conditions such as fluctuations in exchange rates and the value of local currencies, as well as product-related incidents caused by problems in production management.」
Foreign exchange, local currencies, costs, production management, and product-related incidents are listed collectively as overseas sourcing and production risks.