Foreign Exchange Risk Associated with Expanding Overseas Sales
First written in FY2016. 5 of 17 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Japan Logistic Systems Corp. moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 35 of 72 companies on the "Worse" side.
20 other companies' latest entry also says "Other".
- FY2026Decline in the overseas sales ratio by geographic locationAnnual report
「The overseas sales ratio by location for the Group was 13.6% in the fiscal year ended March 2025 and 12.2% in the fiscal year ended March 2026. Depending on the exchange rate used for translation, the yen-denominated value may be affected even if the value in local currency remains unchanged.」
The overseas sales ratio by location fell from 13.6% to 12.2%. The risk that exchange-rate translation may affect the yen-denominated value continues to be disclosed. - FY2025Higher overseas sales ratio by location and revenue uplift from the weaker yenAnnual report
「The overseas sales ratio by location for the Group was 13.3% in the fiscal year ended March 2024 and 13.6% in the fiscal year ended March 2025. Depending on the exchange rate used for translation, the yen-denominated value may be affected even if the value in local currency remains unchanged.」
The overseas sales ratio by location rose from 13.3% to 13.6%. The yen's weakness was also cited as a factor driving revenue in the fiscal year. - FY2024-Q2RestatedAnnual report
「As a result of these initiatives, operating revenue increased, as the Asset Business at sites opened in the previous consolidated fiscal year expanded, and the yen remained weaker against the Vietnamese and Thai currencies.」
The yen's weakness against the local currencies of Vietnam and Thailand continues to be reported as a factor boosting operating revenue after conversion into yen. - FY2024-Q1RestatedAnnual report
「As a result of these initiatives, operating revenue increased, as the Asset Business expanded with contributions from sites opened in the previous consolidated fiscal year, and the yen remained weaker against the Vietnamese and Thai currencies.」
The yen's weakness against the local currencies of Vietnam and Thailand continues to be reported as a factor boosting operating revenue after conversion into yen. - FY2023Higher revenue from a higher overseas sales ratio and the weaker yenAnnual report
「The overseas sales ratio of our group was 11.7% in the fiscal year ended March 2021, 11.7% in the fiscal year ended March 2022 and 13.7% in the fiscal year ended March 2023. Even if the value in local-currency terms remains unchanged, exchange rates used for translation may affect its value after conversion into yen.」
The overseas sales ratio rose from 11.7% to 13.7%. For FY2023, the weaker yen against the Vietnamese and Thai currencies was cited as a factor behind the increase in operating revenue. - FY2023-Q3RestatedAnnual report
「As a result of these initiatives, operating revenue increased because the center and asset businesses expanded with the start of operations at newly established locations, and the yen remained weaker against the local currencies of Vietnam and Thailand.」
The yen's weakness against the local currencies of Vietnam and Thailand continues to be reported as a factor boosting operating revenue after conversion into yen. - FY2023-Q2RestatedAnnual report
「As a result of these initiatives, operating revenue increased because the center and asset businesses expanded with the start of operations at newly established locations, and the yen remained weaker against the local currencies of Vietnam and Thailand.」
The yen's weakness against the local currencies of Vietnam and Thailand continues to be reported as a factor boosting operating revenue after conversion into yen. - FY2023-Q1Higher overseas revenue due to the weaker yenAnnual report
「As a result of these initiatives, operating revenue increased because the center and asset businesses expanded with the start of operations at newly established locations, and the yen remained weaker against the local currencies of Vietnam and Thailand.」
The yen's weakness against the local currencies of Vietnam and Thailand actually emerged as a factor boosting operating revenue after conversion into yen. Foreign exchange movements were favorable rather than adverse and were reported as a factor behind higher revenue during the quarter. - FY2020Overseas sales ratio continues to declineAnnual report
「The overseas sales ratio of our group was 17.3% in the fiscal year ended March 2018, 15.2% in the fiscal year ended March 2019 and 13.9% in the fiscal year ended March 2020. Even if the value in local-currency terms remains unchanged, exchange rates used for translation may affect its value after conversion into yen.」
The overseas sales ratio declined from 15.2% to 13.9%, while the risk of foreign exchange movements affecting value after conversion into yen continued to be reported. - FY2019Overseas sales ratio continues to declineAnnual report
「The overseas sales ratio of our group was 18.1% in the fiscal year ended March 2017, 17.3% in the fiscal year ended March 2018 and 15.2% in the fiscal year ended March 2019. Even if the value in local-currency terms remains unchanged, exchange rates used for translation may affect its value after conversion into yen.」
The overseas sales ratio declined from 17.3% to 15.2%, and the risk of foreign exchange movements affecting value after conversion into yen continued to be reported. - FY2018Decline in the Overseas Sales RatioAnnual report
「The overseas sales ratio of our group was 20.3% in the fiscal year ended March 2016, 18.1% in the fiscal year ended March 2017 and 17.3% in the fiscal year ended March 2018. Even if the value in local-currency terms remains unchanged, exchange rates used for translation may affect its value after conversion into yen.」
The overseas sales ratio declined from 18.1% to 17.3%, while the risk of exchange rates affecting value after conversion into yen continued to be reported. - FY2018-Q1MaterialisedAnnual report
「As a result of these initiatives, operating revenue increased because the center and asset businesses expanded with the start of operations at newly established locations, while the yen weakened against the local currencies of Vietnam and Thailand.」
Foreign exchange movements reduced operating revenue in Vietnam and elsewhere, and their impact on overseas sales has actually emerged. - FY2017MaterialisedAnnual report
「The overseas sales ratio of our group was 18.7% in the fiscal year ended March 2015, 20.3% in the fiscal year ended March 2016 and 18.1% in the fiscal year ended March 2017. Even if the value in local-currency terms remains unchanged, exchange rates used for translation may affect its value after conversion into yen.」
The overseas sales ratio was 18.1%, and the actual decline in operating revenue at overseas companies due to the yen's appreciation was also reported. - FY2017-Q3MaterialisedAnnual report
「Operating revenue increased because the 3PL business expanded as a result of acquiring customers whose transactions with us began during the previous consolidated fiscal year, despite a decline in revenue at overseas group companies due to the yen's appreciation.」
The decline in revenue at overseas group companies due to the yen's appreciation continues to be reflected in results. - FY2017-Q2MaterialisedAnnual report
「Operating revenue increased because the 3PL business expanded as a result of acquiring customers whose transactions with us began during the previous consolidated fiscal year, despite a decline in revenue at overseas group companies due to the yen's appreciation.」
Revenue at overseas group companies actually declined due to the yen's appreciation, but revenue increased as the domestic 3PL business expanded. - FY2017-Q1MaterialisedAnnual report
「Although the appreciation of the yen reduced the earnings of overseas Group companies, operating revenue increased because the Company’s 3PL business expanded as a result of increased storage capacity and the acquisition of new customers.」
The decline in revenue at overseas group companies due to the yen's appreciation was reported, showing that the impact of foreign exchange movements has actually emerged. - FY2016First statedAnnual report
「The overseas sales ratio of our group was 16.0% in the fiscal year ended March 2014, 18.7% in the fiscal year ended March 2015 and 20.3% in the fiscal year ended March 2016. Even if the value in local-currency terms remains unchanged, exchange rates used for translation may affect its value after conversion into yen.」
The overseas sales ratio was shown at 16.0%, 18.7% and 20.3%, with the impact on value after conversion into yen identified as a risk.