Foreign-Exchange and Country Risks Associated with Overseas Business Investment
First written in FY2016. 5 of 9 entries say "Worsened", first in FY2026-H1. Latest entry: 2026-09-15.
Hakuhodo Dy Holdings moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 5 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Overseas revenue declined 11.9%, as top-line growth in Greater China and ASEAN stalled partly because of the impact of tariff issues, while foreign exchange fluctuations also had an effect.」
The company states that country, foreign-exchange and other risks associated with overseas business investments, including tariff issues and foreign-exchange fluctuations, affected top-line revenue in Greater China and ASEAN, resulting in an 11.9% year-on-year decline in overseas sales. - FY2023RestatedAnnual report
「These business activities may entail risks associated with overseas business investments, including foreign-exchange and country risks, the risk of losses equal to or exceeding the amount invested, and the risk of a decline in the Group's creditworthiness.」
The foreign-exchange, country and investment-loss risks associated with expanding overseas operations and acquiring specialist marketing services companies through M&A continue to be identified. - FY2020RestatedAnnual report
「These business activities may entail risks associated with overseas business investments, including foreign-exchange and country risks, the risk of losses equal to or exceeding the amount invested, and the risk of a decline in the Group's creditworthiness.」
The foreign-exchange, country and investment-loss risks associated with expanding overseas operations and acquiring specialist marketing services companies through M&A continue to be identified. - FY2016First statedAnnual report
「The company plans to pursue an active overseas expansion strategy, including further expansion of its presence in overseas markets, particularly Asia, and bringing specialist marketing services companies in North America and Europe into the Group through M&A. However, these business activities may entail risks associated with overseas business investments, including foreign-exchange and country risks.」
The company presents both its overseas expansion plans and the potential financial and operating impact if they do not proceed as planned.