Risk of Foreign Exchange and Raw Material Market Price Fluctuations Through Domestic Vendors
First written in FY2017. 4 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 10 of 16 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Under our internal rules, our group seeks to minimize foreign exchange risk through hedging transactions and other measures. However, we are more directly affected by foreign exchange movements and changes in logistics costs, including delivery and storage costs charged by suppliers, and the extent of this impact may affect the performance of our consolidated company.」
The company continues to address the foreign exchange and logistics cost risks associated with international trade through hedging transactions and other measures. - FY2025-H1MaterialisedAnnual report
「We recorded a derivative valuation loss of ¥297 million in non-operating expenses. This resulted from the fair value measurement of derivative transactions conducted by consolidated subsidiary 株式会社アクシス to hedge foreign exchange risk. It was a valuation loss without an accompanying cash flow, arising as the yen appreciated sharply.」
The company recorded a valuation loss of ¥297 million on derivative transactions intended to hedge foreign exchange risk as the yen appreciated sharply. It explained that this was a valuation loss without an accompanying cash flow. - FY2024RestatedAnnual report
「Under our internal rules, our group seeks to minimize foreign exchange risk through hedging transactions and other measures. However, we are more directly affected by foreign exchange movements and changes in logistics costs, including delivery and storage costs charged by suppliers, and the extent of this impact may affect the performance of our consolidated company.」
The company continues to address the foreign exchange and logistics cost risks associated with international trade through hedging transactions and other measures under its internal rules. - FY2023RestatedAnnual report
「Under our internal rules, our group seeks to minimize foreign exchange risk through hedging transactions and other measures. However, we are more directly affected by foreign exchange movements and changes in logistics costs, including delivery and storage costs charged by suppliers, and the extent of this impact may affect the performance of our consolidated company.」
The company continues to address the foreign exchange and logistics cost risks associated with its subsidiaries’ international trade through hedging transactions and other measures under its internal rules. - FY2022-Q3RestatedAnnual report
「The outlook remains uncertain, with concerns including a sharp depreciation of the yen driven by rising US interest rates, higher resource prices due to the situation in Ukraine, and sluggish personal consumption amid rising prices.」
A sharp depreciation of the yen, surging resource prices and rising prices continue to be cited as sources of uncertainty related to overseas sourcing, foreign exchange and raw material markets. - FY2022-Q2WorsenedAnnual report
「The outlook for the economy is becoming increasingly uncertain due to foreign-exchange volatility caused by the sharp depreciation of the yen, the prolonged Russia-Ukraine situation and surging energy and raw material prices.」
Sharp foreign exchange movements and surging energy and raw material prices are becoming stronger risk factors related to overseas sourcing and raw material markets. - FY2020MitigatedAnnual report
「Under our internal rules, our group seeks to minimize foreign exchange risk through hedging transactions and other measures. However, we are more directly affected by foreign exchange movements and changes in logistics costs, including delivery and storage costs charged by suppliers, and the extent of this impact may affect the performance of our group.」
While describing the direct risks to foreign exchange and logistics costs arising from the subsidiaries’ international trade, the company also specified measures to minimize them through hedging transactions and other measures under its internal rules. - FY2019RaisedAnnual report
「Our subsidiaries purchase and sell products through direct international trade. As they are more directly affected by foreign exchange movements and changes in logistics costs, including delivery and storage costs charged by suppliers, the extent of this impact may affect the performance of our consolidated company.」
In addition to indirect foreign exchange and raw material risks through domestic vendors, the company identified the direct exposure of its subsidiaries’ international trade to foreign exchange movements and logistics costs. - FY2017First statedAnnual report
「However, domestic vendors of daily necessities produce and source many products overseas. Foreign exchange movements may indirectly affect the performance of our group through their impact on domestic vendors’ cost structures. In addition, if commodity market prices for materials used in products handled by our group, including crude oil, rise sharply, this may similarly affect our performance.」
While stating that the direct impact of foreign-currency-denominated purchases is limited, the company identified the indirect foreign exchange impact of domestic vendors’ overseas sourcing and surging commodity prices for crude oil and other raw materials as new risks.