Risks associated with the increasing proportion of overseas sales
First written in FY2016. 6 of 12 entries say "Restated". Latest entry: FY2026.
Daiichi Jitsugyo moved to the "Worse" side of this theme in 2025, 9 years after the typical company in this theme (2016).
The whole theme swung hardest in 2019: 29 of 63 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The overseas sales ratio increased to 52.8% from 52.6% in the previous fiscal year. It is expected to continue trending higher as the medium-term management plan is steadily implemented.」
The overseas sales ratio increased from 52.6% to 52.8%, increasing exposure to overseas economies, foreign exchange rates, tax systems, crude oil and raw material prices, transportation costs, and capital investment trends. - FY2026-H1WorsenedAnnual report
「Japan 46,174 United States 25,102 China 11,023 India (Note 3) 3,762 Asia (excluding India) 17,209 The Americas (excluding the United States) 3,105 Europe 824 Other regions 86 Revenue from contracts with customers 107,289」
The overseas sales ratio was approximately 57.0%, up from approximately 56.6% in the same period of the previous year. Overseas sales continued to account for more than half of total sales, increasing exposure to overseas economies, foreign exchange rates, and geopolitical factors. - FY2025-H1WorsenedAnnual report
「Japan 43,997 United States 20,850 China 14,148 Asia 14,022 The Americas (excluding the United States) 5,102 Europe 3,136 Other regions 30 Net sales to external customers 101,288」
The overseas sales ratio was approximately 56.6%, up from approximately 54.1% in the same period of the previous year. Overseas sales continued to account for more than half of total sales, increasing exposure to overseas economies, foreign exchange rates, geopolitical factors, and the export environment. - FY2024RestatedAnnual report
「Overseas sales accounted for 48.2% of consolidated net sales in the fiscal year, down from 53.6% in the previous fiscal year. The overseas sales ratio is expected to trend higher as the medium-term management plan continues to be steadily implemented.」
Although the overseas sales ratio declined from 53.6% to 48.2%, the substantial contribution of overseas sales and the outlook for a future increase in the ratio remain unchanged. - FY2024-Q3RestatedAnnual report
「Japan 56,139 China 24,244 Asia 18,161 The Americas 13,267 Europe 5,561 Other regions 71 Net sales to external customers 117,445」
Although the overseas sales ratio declined to approximately 52.2% from approximately 56.1% in the third quarter of the previous fiscal year, exposure to the overseas business, where overseas sales account for more than half of total sales, continues. - FY2024-Q2RestatedAnnual report
「Japan 36,094 China 14,804 Asia 13,099 The Americas 9,625 Europe 4,956 Other regions 58 Net sales to external customers 78,638」
Although the overseas sales ratio declined to approximately 54.1% from approximately 56.2% in the same period of the previous year, exposure to the overseas business, where overseas sales account for more than half of total sales, continues. - FY2024-Q1WorsenedAnnual report
「Japan 14,364 China 9,331 Asia 6,035 The Americas 4,151 Europe 505 Other regions － Net sales to external customers 34,388」
The overseas sales ratio was approximately 58.2%, up from approximately 56.7% in the same period of the previous year. The higher proportion of overseas sales increased exposure to overseas economies, foreign exchange rates, geopolitical factors, and the export environment. - FY2023RestatedAnnual report
「Overseas sales accounted for 53.6% of consolidated net sales in the fiscal year, essentially unchanged from 53.4% in the previous fiscal year. The overseas sales ratio is expected to trend higher as the medium-term management plan continues to be steadily implemented.」
The overseas sales ratio was 53.6%, essentially unchanged from the previous fiscal year, but the outlook for a higher overseas ratio and exposure to foreign exchange rates, the financial environment, and political and regulatory developments remain. - FY2023-Q3RestatedAnnual report
「Japan 46,427 China 22,529 Asia 21,762 The Americas 10,499 Europe 4,593 Other regions 20 Net sales to external customers 105,833」
The overseas sales ratio was approximately 56.1%, with little change from approximately 56.2% in the previous quarter. Exposure to the overseas business associated with overseas sales accounting for more than half of total sales continues. - FY2021RestatedAnnual report
「Although overseas sales as a percentage of consolidated net sales declined slightly to 46.8% from 46.9% in the previous fiscal year, they remained close to half of total sales. We expect the overseas sales ratio to continue trending higher through the steady execution of the Medium-Term Management Plan “FACE 2021.”」
Although the overseas sales ratio declined slightly, exposure associated with the overseas business to foreign exchange rates, the financial environment, crude oil and raw material prices, and political and regulatory changes, as well as the outlook for a future increase in the ratio, remain unchanged. - FY2017WorsenedAnnual report
「Overseas sales accounted for 49.4% of consolidated net sales in the fiscal year, up from 46.7% in the previous fiscal year and representing approximately half. The overseas sales ratio is expected to trend higher as the medium-term management plan, “DASH 2018,” continues to be steadily implemented.」
The increase in the overseas sales ratio and the resulting greater exposure to foreign exchange rates, the international financial environment, crude oil and raw material prices, capital investment by overseas customers, and political and regulatory changes were disclosed. - FY2016First statedAnnual report
「Overseas sales accounted for 46.7% of consolidated net sales in the fiscal year, down from 54.8% in the previous fiscal year, but still representing approximately half. The overseas sales ratio is expected to trend higher as the new medium-term management plan, “DASH 2018,” is steadily implemented.」
The factors affecting results include foreign exchange rates, the international financial environment, crude oil and raw material prices, capital investment by overseas customers, and political and regulatory changes.