Risk from Foreign Exchange Market Fluctuations
First written in FY2016. 2 of 7 entries say "Restated". Latest entry: FY2025.
Rasa moved to the "Worse" side of this theme in 2022.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Accordingly, the company believes that the impact of short-term foreign exchange movements on its results is limited. However, if exchange rates fluctuate beyond expectations, the Group's results may be affected.」
While explaining that, assuming forward exchange contracts for each trading contract, the impact of short-term foreign exchange movements on results is limited, the company also states that the risk of fluctuations beyond expectations remains. - FY2024-Q1WorsenedAnnual report
「Meanwhile, segment profit was ¥153 million, down ¥4 million (2.8%) from the same quarter of the previous year, due mainly to higher purchasing prices resulting from the weaker yen.」
Foreign exchange risk materialized as higher purchase prices due to yen depreciation, and profit in the Resources and Metal Materials segment declined 2.8% year on year. - FY2023MaterialisedAnnual report
「In addition to the rise in global resource prices, foreign exchange movements also contributed to an increase in market prices for the raw materials handled by the company.」
The company states that foreign exchange movements affected full-year results through higher market prices for raw materials. - FY2023-Q1MaterialisedAnnual report
「In Resources and Metal Materials, in addition to the surge in global resource prices, sharp fluctuations in foreign exchange rates contributed to an increase in market prices for the raw materials handled by the company. As a result, segment revenue was ¥1,946 million, an increase of ¥106 million (5.8%) from the same quarter of the previous year.」
The previously recognized foreign exchange risk was reflected in the results through higher market prices for the raw materials handled by the company, caused by sharp foreign exchange movements, and a 5.8% increase in revenue in the related segment. - FY2020RestatedAnnual report
「The company is exposed to the risk of fluctuations in foreign exchange rates, but in principle enters into forward exchange contracts whenever a trading contract is concluded in order to reduce this risk.」
The company continues to address foreign exchange risk on foreign-currency transactions through forward exchange contracts for each contract. - FY2017RestatedAnnual report
「The Group is exposed to the risk of fluctuations in foreign exchange rates on its foreign-currency-denominated sales and purchases. In principle, however, it enters into forward exchange contracts whenever a trading contract is concluded in order to reduce this risk.」
The company continues to disclose the foreign exchange risk associated with foreign-currency-denominated transactions and its use of forward exchange contracts for each contract. - FY2016First statedAnnual report
「The Group is exposed to the risk of fluctuations in foreign exchange rates on its foreign-currency-denominated sales and purchases. In principle, however, it enters into forward exchange contracts whenever a trading contract is concluded in order to reduce this risk.」
The company recognizes foreign exchange risk on foreign-currency-denominated transactions and, in principle, enters into forward exchange contracts for each contract.