Foreign Exchange Fluctuation Risk Associated with Imports and Overseas Contract Manufacturing
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 10 of 22 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The fact that payments for imported goods are made in U.S. dollars entails foreign exchange risk. Accordingly, if the yen depreciates sharply over a short period or a similar situation arises, we may change our procurement plans for products manufactured overseas. In that case, the performance of our group may be affected.」
The company continues to disclose the risk of changes to procurement plans during periods of extreme yen depreciation, in connection with U.S. dollar settlements for overseas contract manufacturing and imports. - FY2025RestatedAnnual report
「The fact that payments for imported goods are made in U.S. dollars entails foreign exchange risk. Accordingly, if the yen depreciates sharply over a short period or a similar situation arises, we may change our procurement plans for products manufactured overseas.」
The company continues to disclose the risk of changes to procurement plans during periods of extreme yen depreciation, in connection with U.S. dollar settlements for overseas contract manufacturing and imports. - FY2022WorsenedAnnual report
「The fact that payments for imported goods are made in U.S. dollars entails foreign exchange risk. Accordingly, if the yen depreciates sharply over a short period or a similar situation arises, we may change our procurement plans for products manufactured overseas.」
In addition to the existing explanation of U.S. dollar settlements and foreign exchange fluctuations, the company explicitly states that procurement plans for products manufactured overseas may be changed in the event of extreme yen depreciation, providing greater specificity on how the risk may materialize. - FY2021RestatedAnnual report
「Some of our private-label computers may be manufactured by overseas contract manufacturers, in which case payments are settled in U.S. dollars. In addition, some of the merchandise we handle is imported from overseas, with payments settled in U.S. dollars.」
The company continues to disclose U.S. dollar settlements and foreign exchange risk associated with overseas contract manufacturing and imports. - FY2019RestatedAnnual report
「Our group has established a management structure that enables it to hedge foreign-currency-denominated operating liabilities using forward foreign exchange contracts.」
The company recognizes foreign exchange risk associated with overseas contract manufacturing and imports and continues to maintain a management structure that enables hedging with forward foreign exchange contracts. - FY2018RestatedAnnual report
「Our group has established a management structure that enables it to hedge foreign-currency-denominated operating liabilities using forward foreign exchange contracts.」
The company recognizes foreign exchange risk associated with overseas contract manufacturing and imports and continues to maintain a management structure that enables hedging with forward foreign exchange contracts. - FY2017MitigatedAnnual report
「Our group has established a management structure that enables it to hedge foreign-currency-denominated operating liabilities using forward foreign exchange contracts.」
Although foreign exchange risk from U.S. dollar settlements remains, the company states that it has established a management structure enabling the use of forward foreign exchange contracts. - FY2016First statedAnnual report
「Some of our private-label computers are manufactured by overseas contract manufacturers, with payments settled in U.S. dollars. In addition, some of the merchandise we handle is imported from overseas, with payments also settled in U.S. dollars.」
U.S. dollar settlements for overseas contract manufacturing and imports are identified as factors contributing to foreign exchange risk.