Foreign Exchange Risk in Import Transactions
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2026.
Tea Life moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 43 of 67 companies on the "Worse" side.
2 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Sharp exchange-rate movements could affect the business and performance of the Group. To address changes in procurement costs resulting from exchange-rate movements, the Company takes measures including revising selling prices in light of procurement-cost trends.」
The exchange-rate risk continues to be identified, but the previous reference to hedging through forward exchange contracts and other measures has been removed, leaving selling-price revisions as the sole stated response. - FY2024RestatedAnnual report
「To address changes in procurement costs resulting from exchange-rate movements, the Company takes measures including hedging risk through forward exchange contracts and revising selling prices in light of procurement-cost trends.」
The Company continues to identify the risk of sharp exchange-rate movements and the corresponding measures of forward exchange contracts and selling-price revisions. - FY2022ReframedAnnual report
「To address changes in procurement costs resulting from exchange-rate movements, the Company takes measures including hedging risk through forward exchange contracts and revising selling prices in light of procurement-cost trends.」
The wording describing the response has changed from the previous reference to derivative transactions to risk hedging through forward exchange contracts and other measures. - FY2019RestatedAnnual report
「To address changes in procurement costs resulting from exchange-rate movements, the Company takes measures including hedging risk through derivative transactions and revising selling prices in light of procurement-cost trends. However, if sharp exchange-rate movements beyond the expected range occur,」
The Company continues to address the risk of sharp exchange-rate movements through derivative transactions and selling-price revisions. - FY2017RestatedAnnual report
「To address changes in procurement costs resulting from exchange-rate movements, the Company takes measures including hedging risk through derivative transactions and revising selling prices in light of procurement-cost trends. However, if sharp exchange-rate movements beyond the expected range occur,」
The Company continues to identify the risk of sharp exchange-rate movements while taking measures including derivative transactions and selling-price revisions. - FY2016First statedAnnual report
「If a sharp exchange rate movement beyond expectations occurs, this could affect the business and performance of our group.」
For foreign-currency-denominated import transactions in its wholesale business, the Company uses derivatives and revises selling prices as measures, while identifying sharp exchange-rate movements as a risk.