Exposure to Overseas Sales and Currency Fluctuations
First written in FY2016. 14 of 23 entries say "Restated". Latest entry: FY2026.
Chugai Ro 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: 29 of 63 companies on the "Worse" side.
17 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The overseas sales ratio of our group was 16.7% for the fiscal year ended March 2024, 26.0% for the fiscal year ended March 2025, and 23.4% for the fiscal year ending March 2026.」
The overseas sales ratio declined from 26.0% in the previous fiscal year to 23.4%, reducing exposure to overseas sales and foreign exchange volatility in the most recent fiscal year. However, risks that cannot be completely avoided through forward foreign exchange contracts and other measures continue. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No major risks or significant changes were identified regarding exposure to overseas sales and foreign exchange rate volatility. - FY2024MitigatedAnnual report
「The overseas sales ratio of our group was 37.0% for the fiscal year ended March 2022, 24.5% for the fiscal year ended March 2023, and 16.7% for the fiscal year ended March 2024.」
The overseas sales ratio declined from 24.5% in the previous fiscal year to 16.7%, reducing exposure to overseas sales and foreign exchange volatility in the most recent fiscal year. Measures involving yen-denominated contracts, local procurement, and forward foreign exchange contracts continued. - FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, Japan's economic outlook remained uncertain as soaring raw material and energy prices, driven by heightened risks associated with global conditions, and foreign exchange rate volatility continued.」
Continued foreign exchange rate volatility was cited as a factor of uncertainty in the business environment. - FY2024-Q2WorsenedAnnual report
「During the first six months of the fiscal year, Japan's economic outlook remained uncertain amid soaring raw material and energy prices and sharp foreign exchange rate volatility.」
Sharp foreign exchange rate volatility was explicitly identified as a factor of uncertainty in the business environment. However, no significant changes were identified among the major risks in the Business and Other Risks section. - FY2024-Q1RestatedAnnual report
「During the first quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No major risks or significant changes were identified regarding exposure to overseas sales and foreign exchange rate volatility. - FY2023-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No major risks or significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2022-Q2RestatedAnnual report
「During the second quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2021WorsenedAnnual report
「The overseas sales ratio of our group was 22.1% for the fiscal year ended March 2019, 15.6% for the fiscal year ended March 2020, and 21.0% for the fiscal year ended March 2021.」
The overseas sales ratio rose from 15.6% in the previous fiscal year to 21.0%, increasing exposure to overseas sales and foreign exchange volatility again. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2021-Q1RestatedAnnual report
「During the first three months of the fiscal year, there were no major risks or significant changes in the matters described in this quarterly report concerning the business and accounting conditions that management recognizes could have a material impact on the financial condition, operating results, or cash flows of the consolidated companies, or in the "Business and Other Risks" described in the securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2020-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2019MitigatedAnnual report
「The overseas sales ratio of our group remained high at 29.2% for the fiscal year ended March 2017, 35.2% for the fiscal year ended March 2018, and 22.1% for the fiscal year ended March 2019.」
The overseas sales ratio declined from 35.2% to 22.1%, reducing exposure to overseas sales and foreign exchange volatility in the most recent fiscal year. Measures involving yen-denominated contracts, local procurement, and forward foreign exchange contracts continued. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2019-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2018WorsenedAnnual report
「The overseas sales ratio of our group remained high at 20.4% for the fiscal year ended March 2016, 29.2% for the fiscal year ended March 2017, and 35.2% for the fiscal year ended March 2018. To mitigate the impact of foreign exchange volatility, we are increasing the proportion of yen-denominated contracts, raising the local procurement ratio, and hedging risk through forward foreign exchange contracts. However, there is no guarantee that these measures will completely avoid the risk, and the risk may affect our group's operating results.」
The overseas sales ratio rose from 29.2% to 35.2%, increasing exposure to overseas sales and foreign exchange volatility. - FY2018-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2018-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding exposure to overseas sales and foreign exchange rate volatility. - FY2018-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No significant changes were reported regarding the risks associated with overseas sales and foreign exchange volatility. - FY2017WorsenedAnnual report
「The overseas sales ratio of our group remained high at 28.8% for the fiscal year ended March 2015, 20.4% for the fiscal year ended March 2016, and 29.2% for the fiscal year ended March 2017. To mitigate the impact of foreign exchange volatility, we are increasing the proportion of yen-denominated contracts, raising the local procurement ratio, and hedging risk through forward foreign exchange contracts. However, there is no guarantee that these measures will completely avoid the risk, and the risk may affect our group's operating results.」
The overseas sales ratio rose from 20.4% to 29.2%, increasing exposure to overseas sales and foreign exchange volatility. - FY2017-Q2WorsenedAnnual report
「During the first six months of the fiscal year, Japan's economy showed some improvement in employment conditions, but domestic economic conditions remained weak, as the recovery in capital investment stalled due to the ongoing appreciation of the yen and exports also remained sluggish.」
The ongoing appreciation of the yen and sluggish exports were cited as factors in the economic environment during the quarter, indicating deterioration in the environment related to foreign exchange volatility and overseas sales. - FY2016First statedAnnual report
「The overseas sales ratio of our group remained high at 39.5% for the fiscal year ended March 2014, 28.8% for the fiscal year ended March 2015, and 20.4% for the fiscal year ended March 2016. To mitigate the impact of foreign exchange volatility, we are increasing the proportion of yen-denominated contracts, raising the local procurement ratio, and hedging risk through forward foreign exchange contracts. However, there is no guarantee that these measures will completely avoid the risk, and the risk may affect our group's operating results.」
The overseas sales ratio was presented for the past 3 fiscal years, with yen-denominated contracts, local procurement, and foreign exchange contracts cited as measures.