Foreign Exchange Risk
First written in FY2016. 5 of 18 entries say "Restated". Latest entry: FY2026.
Ichimasa Kamaboko moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
24 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Foreign exchange losses 40,943」
Foreign exchange losses of ¥40.943 million were recorded in the current fiscal year, indicating that losses from foreign exchange fluctuations were actually incurred. - FY2025MaterialisedAnnual report
「Foreign exchange losses － 35,321」
Foreign exchange losses of ¥35.321 million were recorded in the current fiscal year, indicating that losses from foreign exchange fluctuations were actually incurred. - FY2024-Q2RestatedAnnual report
「However, many costs, including energy prices for electricity and gas, remain high due to the impact of the yen's depreciation and overseas downside risks, such as heightened global tensions and concerns about the outlook for the Chinese economy.」
The company has continued to express its view that the depreciation of the yen and other factors are driving up costs, including energy prices. - FY2023-Q3RestatedAnnual report
「However, many costs, including prices for surimi and other raw materials and for electricity, gas and other energy, have risen far beyond expectations due to the prolonged invasion of Ukraine, the weaker yen and the spread of avian influenza.」
The company has continued to indicate its view that the depreciation of the yen is driving up raw material and energy prices. - FY2023-Q2RestatedAnnual report
「However, many costs have risen far beyond expectations, including prices for surimi and other raw materials and for electricity, gas and other energy, as well as labor costs amid labor shortages, due to factors including the prolonged Russian invasion of Ukraine, the widening Japan-US interest rate gap resulting from US Federal Reserve policy rate hikes, and the sharp depreciation of the yen against the backdrop of Japan's trade deficit. The business environment surrounding our group has become more difficult than ever.」
The company has continued to explain that the rapid depreciation of the yen has emerged in the actual cost environment as a factor driving up raw material and energy prices. - FY2023-Q1MaterialisedAnnual report
「The business environment surrounding the Group has become more challenging than ever. In addition to surging prices for raw materials, including surimi, and energy prices for electricity and gas, labor costs have risen amid labor shortages, and many other costs have increased far beyond expectations due to the impact of the prolonged Russian invasion of Ukraine, widening interest rate differentials between Japan and the United States following interest rate hikes by the U.S. Federal Reserve, and the rapid depreciation of the yen against the U.S. dollar, against a backdrop that also includes Japan's trade deficit.」
The rapid depreciation of the yen has emerged in the actual cost environment as a factor driving up raw material and energy prices. - FY2022MaterialisedAnnual report
「Prices for raw materials, including surimi, and resources such as crude oil surged due to the global economic recovery, the situation in Ukraine and the rapid depreciation of the yen. In addition, various costs, including labor costs rising amid an increasingly chronic labor shortage, increased substantially beyond expectations.」
The rapid depreciation of the yen has emerged in the actual cost environment as a factor driving up raw material and resource prices. - FY2021MitigatedAnnual report
「Ordinary profit was ¥1,806 million, a decrease of ¥61 million from the previous consolidated fiscal year, despite lower foreign exchange losses, due to lower operating profit.」
Foreign exchange losses of ¥45.24 million in the previous fiscal year were not recorded in the current fiscal year, reducing the impact of losses from foreign exchange fluctuations. - FY2021-Q3MitigatedAnnual report
「Foreign exchange losses 45,280 70」
Foreign exchange losses for the cumulative third quarter were ¥70 thousand, a significant decrease from ¥45.28 million in the same period of the previous year. The impact of losses from foreign exchange fluctuations has weakened. - FY2021-Q2MitigatedAnnual report
「Foreign exchange losses 544 146」
Foreign exchange losses for the cumulative second quarter were ¥146 thousand, down from ¥544 thousand in the same period of the previous year. The impact of losses from foreign exchange fluctuations has weakened. - FY2021-Q1MitigatedAnnual report
「Foreign exchange losses 63,710 58」
Foreign exchange losses for the first quarter were ¥58 thousand, a significant decrease from ¥63.71 million in the same period of the previous year. The impact of losses from foreign exchange fluctuations has weakened. - FY2020MitigatedAnnual report
「Ordinary profit was ¥1,867 million, an increase of ¥612 million from the previous consolidated fiscal year, due to lower foreign exchange losses and higher operating profit.」
Foreign exchange losses decreased from ¥114.61 million in the previous fiscal year to ¥45.24 million, reducing the impact of losses from foreign exchange fluctuations. - FY2020-Q3Foreign exchange losses increased to ¥45.28 millionAnnual report
「Foreign exchange losses 20,423 45,280」
Foreign exchange losses for the cumulative third quarter were ¥45.28 million, up from ¥20.423 million in the same period of the previous year. Losses from foreign exchange fluctuations continued to be incurred. - FY2020-Q2Foreign exchange losses decreased to ¥544 thousandAnnual report
「Foreign exchange losses 60,430 544」
Foreign exchange losses for the cumulative second quarter were ¥544 thousand, down from ¥60.43 million in the same period of the previous year. Losses from foreign exchange fluctuations were nevertheless incurred. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 18,206 63,710」
The company recorded a foreign exchange loss of ¥63.710 million in the first quarter, and foreign exchange fluctuations actually resulted in a loss. - FY2018RestatedAnnual report
「If foreign exchange rates fluctuate beyond the assumed range, our group's business results and financial position may be affected.」
The company continues to describe foreign exchange fluctuation risk, including the conversion of overseas subsidiaries' results into yen. - FY2017RestatedAnnual report
「If foreign exchange rates fluctuate beyond the assumed range, our group's business results and financial position may be affected.」
The company continues to describe foreign exchange fluctuation risk, including the conversion of overseas subsidiaries' results into yen. - FY2016First statedAnnual report
「If foreign exchange rates fluctuate beyond the assumed range, our group's business results and financial position may be affected.」
The company recorded a foreign exchange loss of ¥298.737 million for the fiscal year, while also using hedges through foreign exchange contracts.