Foreign-exchange risk from foreign-currency transactions and translation of overseas subsidiaries
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 69 of 120 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Our Group also has overseas local subsidiaries and prepares financial statements denominated in foreign currencies. When preparing consolidated financial statements, fluctuations in exchange rates when translating them into yen may adversely affect our Group’s financial position and operating results.」
The company explicitly identifies translation risk when converting overseas subsidiaries’ foreign-currency financial statements into yen, in addition to transaction risk. - FY2025-H1First statedAnnual report
「Our Group conducts foreign-currency transactions and is exposed to risks associated with fluctuations in foreign-exchange rates. Although we use hedging measures such as matching foreign-currency assets and liabilities, these measures do not completely eliminate foreign-exchange risk, and fluctuations in foreign-exchange rates may adversely affect our Group’s operating results.」
The company uses hedging measures but cannot completely avoid foreign-exchange risk.