Foreign Exchange Volatility
First written in FY2016. 7 of 10 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the first six months of the current fiscal year, Japan’s economy was gradually recovering following the reclassification of COVID-19 as a Category V infectious disease. However, uncertainty about the outlook continued amid surging raw material prices and rising prices due to the yen’s depreciation.」
While recognizing the economic recovery following the reclassification of COVID-19 as a Category V infectious disease, surging raw material prices and rising prices caused by the yen’s depreciation continue to be identified as sources of uncertainty. - FY2024-Q1RestatedAnnual report
「Although COVID-19 was reclassified as a Category V infectious disease and socioeconomic activity is moving toward normalization, uncertainty about the outlook continues amid surging energy and raw material prices caused by the prolonged situation in Ukraine and rising prices due to the yen’s depreciation.」
The uncertainty of the market environment, including rising prices caused by the yen’s depreciation, continues to be described together with surging energy and raw material prices. - FY2023-Q3ReframedAnnual report
「During the first nine months of the current fiscal year, Japan’s economy was moving toward normalization of socioeconomic activity as restrictions related to COVID-19 were eased. However, uncertainty about the outlook continued amid surging energy prices caused by the prolonged situation in Ukraine and rising prices due to the yen’s depreciation.」
The description of foreign-exchange fluctuations has been reorganized from a reference to the yen’s depreciation itself to a description of the economic environment that includes the transmission mechanism of price increases caused by the yen’s depreciation. - FY2023-Q2WorsenedAnnual report
「Although restrictions related to COVID-19 have been eased and socioeconomic activity is moving toward normalization, uncertainty about the outlook continues due to surging resource prices and supply chain disruptions caused by the prolonged situation in Ukraine, as well as the yen’s substantial depreciation.」
Regarding foreign-exchange fluctuations, “the yen’s substantial depreciation” is explicitly identified, in addition to general fluctuation risks, as a source of uncertainty in the economic environment. - FY2020-Q1RestatedAnnual report
「Meanwhile, the outlook remains weak for the time being, amid numerous concerns including the deterioration in sentiment caused by US-China trade frictions, the outlook for China’s economy, trends in the financial and capital markets, geopolitical uncertainty represented by the issue of the US withdrawal from the Iran nuclear agreement, and developments surrounding the UK’s withdrawal from the EU, as well as the scheduled consumption tax increase in October.」
The instability of the market environment, including trends in the financial and capital markets, continues to be identified as a factor making the economic outlook uncertain. - FY2018RestatedAnnual report
「Significant fluctuations in foreign-exchange rates and other factors may affect business performance.」
The risk of foreign-exchange fluctuations continues to be described. - FY2017RestatedAnnual report
「Significant fluctuations in foreign-exchange rates and other factors may affect business performance.」
The risk of foreign-exchange fluctuations continues to be described. - FY2017-Q2RestatedAnnual report
「During the first six months of the current fiscal year, Japan’s economy continued on a gradual recovery trend, supported by improving corporate earnings and employment conditions. However, uncertainty in the global economy increased as economic growth slowed in emerging Asian economies, particularly China, and the outlook for the economy remained uncertain.」
The economic slowdown in emerging Asian economies, particularly China, and uncertainty in the global economy continue to be identified as factors making the economic outlook uncertain. - FY2017-Q1RestatedAnnual report
「Uncertainty about the economic outlook continues, amid concerns including the UK’s withdrawal from the EU, growing uncertainty in the global economy, particularly China, and sharp fluctuations in share prices and foreign-exchange rates.」
The uncertainty of the market environment, including sharp fluctuations in share prices and foreign-exchange rates, continues to be described. - FY2016First statedAnnual report
「Significant fluctuations in foreign-exchange rates and other factors may affect business performance.」
Foreign-exchange fluctuations are identified as a business performance risk.