Foreign-exchange risk associated with overseas sourcing
First written in FY2016. 5 of 10 entries say "Restated". Latest entry: FY2026.
Alpen moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 42 of 66 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group hedges against foreign exchange risk using forward exchange contracts and other instruments to mitigate the risk of currency fluctuations. However, a sharp change in exchange rates could increase procurement costs and affect the Group’s business results.」
The company continues to address the risk of foreign exchange fluctuations associated with overseas procurement through a hedging policy involving forward exchange contracts and other measures. - FY2024RestatedAnnual report
「The Group hedges against foreign exchange risk using forward exchange contracts and other instruments to mitigate the risk of currency fluctuations. However, a sharp change in exchange rates could increase procurement costs and affect the Group’s business results.」
The risk of currency fluctuations associated with overseas procurement and the hedging policy using forward exchange contracts and other instruments continue to be disclosed. - FY2023RestatedAnnual report
「The Group hedges against foreign exchange risk using forward exchange contracts and other instruments to mitigate the risk of currency fluctuations. However, a sharp change in exchange rates could increase procurement costs and affect the Group’s business results.」
The risk of currency fluctuations associated with overseas procurement and the hedging policy using forward exchange contracts and other instruments continue to be disclosed. - FY2023-Q3RestatedAnnual report
「Meanwhile, prices for various goods and services have risen due to higher resource and energy prices and the impact of the yen’s depreciation, while concerns over a slowdown in overseas economies have also left the outlook uncertain.」
Rising prices for goods and services affected by the yen’s depreciation and concerns over a slowdown in overseas economies have continued, maintaining uncertainty in the external environment, including currency fluctuations. - FY2023-Q2MaterialisedAnnual report
「Valuation losses on derivatives 287」
The Group recognised ¥287 million in valuation losses on derivatives during the six-month period of the second quarter, resulting in an actual impact on earnings related to currency fluctuations and other factors. - FY2023-Q1WorsenedAnnual report
「Meanwhile, resource and energy prices remain elevated and the yen’s depreciation continues, leaving the outlook uncertain.」
The continued depreciation of the yen is explicitly stated, indicating heightened uncertainty in the external environment surrounding the risk of currency fluctuations associated with overseas procurement. - FY2017RestatedAnnual report
「The Group hedges against foreign exchange risk using forward exchange contracts and other instruments to mitigate the risk of currency fluctuations. However, a sharp change in exchange rates could increase procurement costs and affect the Group’s business results.」
The risk of currency fluctuations associated with overseas procurement and the hedging policy using forward exchange contracts and other instruments continue to be disclosed as before. - FY2017-Q2MaterialisedAnnual report
「Foreign exchange losses 206」
The Group recognised ¥206 million in foreign exchange losses during the six-month period of the second quarter, and the impact of currency fluctuations on earnings continued. - FY2017-Q1MaterialisedAnnual report
「Foreign exchange losses 191」
The Group recognised ¥191 million in foreign exchange losses during the quarter. It also recognised ¥195 million in valuation gains on derivatives as non-operating income. - FY2016First statedAnnual report
「The Group hedges against foreign exchange risk using forward exchange contracts and other instruments to mitigate the risk of currency fluctuations. However, a sharp change in exchange rates could increase procurement costs and affect the Group’s business results.」
The Group recognised ¥290 million in foreign exchange losses and ¥641 million in valuation losses on derivatives during the fiscal year, with the impact of foreign exchange-related gains and losses disclosed.