Fluctuations in Raw Material and Product Prices and Foreign Exchange Rates
First written in FY2024. 2 of 5 entries say "Worsened", first in 2026-06-12. Latest entry: 2026-09-14.
itamiarts moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
1 other company's latest entry also says "Worsened".
- FY2026RestatedAnnual report
「The Group procures some products from overseas in foreign currencies and has entered into derivative contracts with financial institutions to avoid foreign exchange risk as far as possible. However, this does not completely eliminate the risk, and fluctuations in foreign exchange rates may affect the Group's financial condition and operating results.」
The Company continues to identify raw material and product price fluctuations and foreign exchange movements as risks and describes the use of derivatives as a response. - FY2025MitigatedAnnual report
「Changing overseas procurement of raw material fabrics from dollar-denominated transactions to yen-denominated transactions reduced purchase prices, which had risen sharply due to the rapid depreciation of the yen.」
The Company disclosed that changing procurement transactions from dollar-denominated to yen-denominated transactions restrained increases in purchase prices during periods of yen depreciation. At the same time, the risk section states that foreign exchange risk cannot be fully avoided. - FY2024First statedAnnual report
「If raw material and product prices rise sharply and the Company is unable to pass the increases through to selling prices in a timely manner, this may affect the Company's financial condition and operating results.」
The Company has entered into derivative contracts with financial institutions to address foreign exchange risk associated with procurement denominated in foreign currencies.