Foreign Exchange Fluctuation Risk Associated with Import Transactions
First written in FY2017. 3 of 6 entries say "Worsened", first in FY2025. Latest entry: FY2027-H1.
and ST HD moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 43 of 67 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「In terms of profitability, the impact of higher costs due to continued yen depreciation and rising manufacturing costs,」
It states that the impact of higher costs due to continued yen depreciation and rising manufacturing costs persists. - FY2026WorsenedAnnual report
「Most of the merchandise handled by the group is produced in China and other Asian countries, and merchandise costs may increase due to fluctuations in foreign exchange rates, primarily yen depreciation. In addition, merchandise costs may increase due to higher transportation costs when importing merchandise as a result of rising global energy prices, as well as higher labor costs in production countries, potentially affecting the group's financial position and operating results.」
It explicitly identifies the risk of higher costs due to yen depreciation, rising transportation costs and higher labor costs in production countries. - FY2025WorsenedAnnual report
「In addition, merchandise costs may increase due to higher transportation costs when importing merchandise as a result of rising global energy prices, as well as higher labor costs in production countries, potentially affecting the group's financial position and operating results.」
It specifies, in addition to the existing import-related foreign exchange risk, the risk of higher costs due to yen depreciation, rising transportation costs and higher labor costs in production countries. - FY2019RestatedAnnual report
「For foreign-currency transactions arising from the import of merchandise, the group seeks to mitigate foreign exchange fluctuation risk by using forward exchange contracts.」
The group continues its policy of mitigating foreign exchange fluctuation risk in import transactions through forward exchange contracts. - FY2018RestatedAnnual report
「For foreign-currency transactions arising from the import of merchandise, the group seeks to mitigate foreign exchange fluctuation risk by using forward exchange contracts.」
The group continues its policy of mitigating foreign exchange fluctuation risk in import transactions through forward exchange contracts. - FY2017First statedAnnual report
「For foreign-currency transactions arising from the import of merchandise, the company seeks to mitigate foreign exchange fluctuation risk by using forward exchange contracts.」
The company recognizes foreign exchange fluctuation risk in foreign-currency-denominated import transactions and describes its mitigation through forward exchange contracts.