Foreign exchange fluctuation risk relating to imported raw materials and merchandise
First written in FY2017. 10 of 17 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 imports raw materials and products from the United States, Europe, China and elsewhere, and exchange-rate fluctuations affect business results. They also affect the conversion into yen of the results of overseas subsidiaries denominated in local currencies.」
The company continues to identify exchange-rate effects associated with import transactions and the conversion into yen of overseas subsidiary results as a risk. - FY2025-H1RestatedAnnual report
「Procurement costs for imported products from overseas continue to surge due to elevated local market prices and exchange-rate effects, resulting in an extremely difficult situation.」
The company continues to face a difficult procurement environment, with surging procurement costs for imported products due to high overseas market prices and exchange-rate effects. - FY2024-Q3RestatedAnnual report
「The procurement environment for the meat business remains difficult due to persistently high overseas livestock meat market prices and higher import procurement costs resulting from yen depreciation.」
The difficult procurement environment continues, including high overseas livestock meat market prices and higher import procurement costs due to yen depreciation. - FY2024-Q2RestatedAnnual report
「The procurement environment for the meat business remains difficult due to high overseas livestock meat market prices and higher import procurement costs resulting from yen depreciation.」
The difficult procurement environment continues, including high overseas livestock meat market prices and higher import procurement costs due to yen depreciation. - FY2024-Q1RestatedAnnual report
「The procurement environment for the meat business remains difficult due to high overseas livestock meat market prices, elevated grain prices and higher import procurement costs resulting from yen depreciation.」
The difficult procurement environment continues, including high overseas livestock meat and grain market prices and higher import procurement costs due to yen depreciation. - FY2023-Q3RestatedAnnual report
「The procurement environment for the meat business remains extremely difficult due to high overseas livestock meat market prices, elevated grain prices and higher import procurement costs resulting from yen depreciation.」
The company continues to describe exchange-rate and procurement conditions characterized by higher import procurement costs due to yen depreciation and high overseas livestock meat and grain market prices. - FY2023-Q2WorsenedAnnual report
「The industry has continued to face challenging conditions. Livestock prices and feed costs rose further, and the yen’s depreciation worsened overseas procurement terms, causing manufacturing costs to rise more than expected, while selling prices could not be increased as planned.」
Deteriorating overseas procurement conditions due to yen depreciation, together with higher livestock meat and feed prices, is driving up import procurement costs. - FY2023-Q1WorsenedAnnual report
「In this industry, the difficult environment continues, with manufacturing costs rising more than expected due to higher livestock meat market prices, further increases in feed prices and continued yen depreciation.」
Continued yen depreciation is evident in the actual business environment as a factor driving higher manufacturing costs, alongside higher livestock meat market prices and feed prices. - FY2022WorsenedAnnual report
「Our group imports raw materials and products from the United States, Europe, China and elsewhere, and exchange-rate fluctuations affect business results. They also affect the conversion into yen of the results of overseas subsidiaries denominated in local currencies.」
The company specifies the United States, Europe, China and other import sources, and organizes the exchange-rate impact as extending beyond import transactions to the conversion into yen of overseas subsidiary results. - FY2022-Q3WorsenedAnnual report
「In this industry, factors including high crude oil prices, yen depreciation and increased demand in countries that moved quickly toward living with COVID-19 have resulted in」
Yen depreciation is evident in the actual business environment as a factor driving higher raw material and auxiliary material prices, alongside high crude oil prices and increased overseas demand. - FY2019RestatedAnnual report
「Our group imports raw materials and products from overseas, and fluctuations in exchange rates against the local currencies of those countries may adversely affect our business results.」
The company continues to identify the impact on business results of exchange-rate fluctuations affecting imported raw materials and products as a risk. - FY2019-Q2RestatedAnnual report
「Regarding imported raw materials for processed foods, procurement was relatively stable because local pork production remained strong.」
The company explains that, despite risks involving exchange rates and overseas production conditions for imported raw materials, procurement was relatively stable because local pork production remained strong. - FY2018RestatedAnnual report
「However, the yen weakened compared with the previous fiscal year, and market prices also rose on strong domestic and overseas demand, resulting in a difficult situation in which raw material costs were higher than in the previous fiscal year.」
The company reports higher raw material costs resulting from yen depreciation and rising market prices, while the risk of exchange-rate fluctuations affecting imported raw materials continues. - FY2018-Q3WorsenedAnnual report
「However, the yen weakened compared with the previous fiscal year, and market prices also rose on strong domestic and overseas demand, resulting in a difficult situation in which raw material costs were higher than in the previous fiscal year.」
The company states that raw material costs, including imported raw materials, were higher than in the same period of the previous year due to yen depreciation and rising market prices. - FY2018-Q2RestatedAnnual report
「Regarding imported raw materials for processed foods, although the yen was weaker than last year, procurement was relatively stable because local pork production remained strong.」
Despite the impact of yen depreciation, imported raw materials continue to be procured relatively stably because local pork production has remained strong. - FY2018-Q1MitigatedAnnual report
「Regarding imported raw materials for processed foods, although the yen was weaker than last year, procurement was relatively stable because local pork production remained strong.」
The company explains that, despite the impact of yen depreciation on import conditions, imported raw materials for processed foods were procured relatively stably because local pork production remained strong. - FY2017First statedAnnual report
「Our group imports raw materials and products from overseas, and fluctuations in exchange rates against the local currencies of those countries may adversely affect our business results.」
The company explicitly identifies the impact on business results of exchange-rate fluctuations associated with importing raw materials and products from overseas as a business risk.