Risk of higher purchase prices and manufacturing costs due to foreign exchange fluctuations
First written in FY2016. 11 of 19 entries say "Worsened", first in FY2022. Latest entry: 2026-08-07.
Zett 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: 52 of 82 companies on the "Worse" side.
12 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedResults
「Meanwhile, in the manufacturing segment, manufacturing costs have remained high and conditions have continued to be challenging due to persistently high raw-material prices and the continued depreciation of the yen against the US dollar.」
原材料価格高騰及び対米ドル円安による製造原価の高止まりが、製造部門の厳しい状況として再び明示された。 - FY2026WorsenedAnnual report
「Manufacturing costs have remained elevated and challenging conditions have continued due to sustained high raw material prices and the continued depreciation of the yen against the US dollar.」
Soaring raw material prices and the continued depreciation of the yen against the US dollar have materialized as elevated manufacturing costs and challenging conditions in the manufacturing division. - FY2026-H1WorsenedAnnual report
「Meanwhile, the operating environment for the manufacturing division remains uncertain and challenging, with manufacturing costs trending higher due to soaring raw material prices and the continued depreciation of the yen against the US dollar.」
The continued depreciation of the yen against the US dollar and soaring raw material prices continue to materialize as a rising trend in manufacturing costs and a challenging operating environment for the manufacturing division. - FY2025WorsenedAnnual report
「The operating environment for the manufacturing division remains uncertain and challenging, with manufacturing costs trending higher due to soaring raw material prices and the continued depreciation of the yen against the US dollar.」
Soaring raw material prices and the continued depreciation of the yen against the US dollar continue to materialize as higher manufacturing costs and a challenging operating environment for the manufacturing division. - FY2025-H1RestatedAnnual report
「The operating environment for the Manufacturing segment remained uncertain due to higher manufacturing costs resulting from rising raw material prices and the impact of the US dollar-yen exchange rate.」
Higher manufacturing costs resulting from movements in the US dollar/Japanese yen exchange rate continue to make the operating environment for the manufacturing division uncertain. - FY2024WorsenedAnnual report
「However, the Manufacturing segment remained in a difficult environment due to soaring raw material prices, the yen's continued depreciation and other factors, and profit declined as a result of higher manufacturing costs and increased expenses for sales promotion activities.」
The depreciation of the yen, together with soaring raw material prices, actually materialized as higher manufacturing costs and lower earnings in the manufacturing division. quantified is false, materialized is true. - FY2024-Q3WorsenedAnnual report
「Operating income declined as manufacturing costs rose in the Manufacturing segment due to higher raw material prices, the yen's further depreciation against the US dollar and other factors, while SG&A expenses also increased following the relocation of logistics facilities in Kansai and other factors, in addition to the decline in the gross profit margin.」
The depreciation of the yen against the US dollar materialized as higher manufacturing costs and, together with rising raw material prices, led to a lower gross profit margin and lower earnings. - FY2024-Q2WorsenedAnnual report
「Operating income increased slightly as higher revenue more than offset the decline in the gross profit margin and the increase in SG&A expenses resulting from the relocation of logistics facilities in Kansai and other factors. Manufacturing costs rose in the Manufacturing segment due to higher raw material prices, the yen's further depreciation against the US dollar and other factors.」
The depreciation of the yen against the US dollar materialized as higher manufacturing costs, and the impact of higher costs due to foreign exchange fluctuations continues. - FY2024-Q1WorsenedAnnual report
「Meanwhile, the outlook remains uncertain due to the impact of persistently high raw material and energy prices and an unstable US dollar/Japanese yen exchange rate.」
The foreign exchange environment is described as a factor contributing to uncertainty about the outlook, with the US dollar/Japanese yen exchange rate remaining unstable alongside rising raw material prices and other factors. - FY2023-Q3MitigatedAnnual report
「Although the depreciation of the yen against the US dollar has eased,」
The disclosure states that the upward pressure on costs from the depreciation of the yen against the US dollar has eased. However, manufacturing costs continue to rise due to higher purchase and raw material prices. quantified is false, materialized is false. - FY2023-Q2WorsenedAnnual report
「Operating profit declined substantially as manufacturing costs in the manufacturing division increased due to higher raw material prices and the depreciation of the yen against the US dollar, while the increase could not be passed on sufficiently to selling prices, but」
The depreciation of the yen against the US dollar materialized as higher manufacturing costs and was described together with the failure to make sufficient progress in passing the increase on to selling prices. The impact of higher costs due to foreign exchange fluctuations continues. - FY2022WorsenedAnnual report
「However, procurement costs are rising due to the continued high level of geopolitical risk, sharp fluctuations in the US dollar/Japanese yen exchange rate, soaring raw material prices and other factors,」
With respect to foreign exchange risk, sharp fluctuations in the US dollar/Japanese yen exchange rate and higher procurement costs due to soaring raw material prices were specifically identified as new pressure factors. - FY2018RestatedAnnual report
「Many of the products handled by the Group are manufactured overseas, and purchase prices may rise depending on movements in foreign exchange rates. The Group's own products also rely mainly on overseas production. Accordingly, it reduces foreign exchange risk through forward foreign exchange contracts within the scope of actual requirements, but it is impossible to eliminate foreign exchange risk entirely.」
The disclosure reiterates the risk of higher purchase prices for products manufactured overseas and explains that, although the risk is reduced through forward foreign exchange contracts, it cannot be eliminated completely. - FY2017RestatedAnnual report
「Many of the products handled by the Group are manufactured overseas, and purchase prices may rise depending on movements in foreign exchange rates. The Group's own products also rely mainly on overseas production. Accordingly, it reduces foreign exchange risk through forward foreign exchange contracts within the scope of actual requirements, but it is impossible to eliminate foreign exchange risk entirely.」
The disclosure reiterates the risk of higher purchase prices for products manufactured overseas and explains that, although the risk is reduced through forward foreign exchange contracts, it cannot be eliminated completely. - FY2017-Q2RestatedAnnual report
「Since the beginning of the year, foreign exchange and stock markets have remained unstable, and the economy has continued to stagnate.」
The disclosure reiterates the instability of foreign exchange rates as a business environment risk, but does not describe any specific impact on manufacturing costs during the second quarter. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy remained stalled, with foreign exchange and stock markets continuing to be unstable.」
The disclosure reiterates the instability of foreign exchange rates as a business environment risk, but does not describe any specific impact on manufacturing costs during the current quarter. - FY2016First statedAnnual report
「Depending on movements in foreign exchange rates, the Group's financial position and business performance may be adversely affected by higher manufacturing costs and other factors.」
The current-year analysis also states that the cost of sales increased due to the impact of foreign exchange, indicating that the impact materialized.