Foreign-Exchange and Country Risks in Overseas Construction
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2026.
Daiho moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 6 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「The Group is reducing risks related to foreign-exchange losses arising from overseas construction projects and unanticipated country risks through appropriate diversification across the countries in which it operates.」
Although the foreign-exchange and country risks related to overseas construction projects continue, the previous reference to forward foreign-exchange contracts has been removed, and only diversification across the countries in which the Group operates is identified as a measure. - FY2021MitigatedAnnual report
「The Group is reducing risks related to foreign-exchange losses arising from overseas construction projects and unanticipated country risks through forward foreign-exchange contracts and appropriate diversification across the countries in which it operates.」
In addition to forward foreign-exchange contracts, the disclosure explicitly identifies appropriate diversification across the countries in which the Group operates as a measure to reduce foreign-exchange and country risks related to overseas construction projects. - FY2021-Q1RestatedAnnual report
「During the first-quarter cumulative consolidated period under review, Japan's economy remained challenging due to such factors as declines in corporate earnings caused by the impact of COVID-19. While a recovery driven by the effects of various government policies was expected, it was necessary to monitor the impact of domestic and overseas developments in the pandemic and fluctuations in financial and capital markets.」
The disclosure continues to identify developments in the pandemic, declines in corporate earnings, and fluctuations in financial and capital markets as matters requiring attention in the economic environment. - FY2019RestatedAnnual report
「Overseas construction projects may result in losses due to exchange-rate fluctuations. They may also result in losses if country risks arise beyond those anticipated in advance, which could affect the Group's business performance.」
The disclosure continues to identify exchange-rate fluctuations and country risks related to overseas construction projects and uses forward foreign-exchange contracts for hedging. - FY2017RestatedAnnual report
「Overseas construction projects may result in losses due to exchange-rate fluctuations. They may also result in losses if country risks arise beyond those anticipated in advance, which could affect the Group's business performance.」
The disclosure continues to identify exchange-rate fluctuations and country risks related to overseas construction projects and also uses forward foreign-exchange contracts for hedging. - FY2016First statedAnnual report
「Overseas construction projects may result in losses due to exchange-rate fluctuations. They may also result in losses if country risks arise beyond those anticipated in advance, which could affect the Group's business performance.」
The disclosure identifies exchange-rate fluctuations and unanticipated country risks in overseas construction projects. It also describes hedging through forward foreign-exchange contracts.