Foreign Exchange Risk Associated with Purchases from Overseas Vendors
First written in FY2016. 8 of 14 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
CHANGE Holdings moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 43 of 67 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As measures to address foreign exchange fluctuation risk, we take measures such as entering into forward exchange contracts for trade payables and review domestic selling prices as appropriate.」
The company continues to describe foreign exchange risk associated with overseas purchases and the related measures of forward exchange contracts and selling price reviews. - FY2023MitigatedAnnual report
「The impact of current foreign exchange fluctuations on the Group is small. We also enter into forward exchange transactions to reduce foreign exchange fluctuation risk and have omitted this disclosure because we consider foreign exchange risk immaterial to the Group.」
The company continues to enter into forward exchange transactions and states that the impact of foreign exchange fluctuations is small and does not constitute a material risk. - FY2020MitigatedAnnual report
「As measures to address foreign exchange fluctuation risk, we take measures such as entering into forward exchange contracts for trade payables and review domestic selling prices as appropriate.」
Foreign exchange risk associated with overseas purchases remains, but the company continues to enter into forward exchange contracts and review selling prices, and also states that it considers the foreign exchange risk immaterial. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss 24」
Foreign exchange losses of ¥24 thousand were recorded for the cumulative second quarter, indicating that foreign exchange risk associated with overseas purchases continues to appear as an actual loss. - FY2019MitigatedAnnual report
「Because most purchases from overseas are settled in U.S. dollars, we take measures such as entering into forward exchange contracts for trade payables and review domestic selling prices as appropriate.」
Foreign exchange risk associated with overseas purchases continues, but the company continues to specify forward exchange contracts and reviews of selling prices as countermeasures. - FY2019-Q2MaterialisedAnnual report
「Foreign exchange losses 3」
Foreign exchange losses of ¥3 thousand were recorded for the cumulative second quarter, indicating that foreign exchange risk associated with purchases from overseas vendors continues to appear as an actual loss. - FY2018-Q3MaterialisedAnnual report
「Foreign exchange loss ¥40 million」
Foreign exchange losses of ¥40 thousand were recorded for the cumulative third quarter, indicating that foreign exchange risk associated with purchases from overseas vendors materialized as an actual loss. This was down from ¥4.867 million in the same period of the previous year. - FY2018-Q2MaterialisedAnnual report
「Foreign exchange loss 24」
Foreign exchange losses of ¥24 thousand were recorded for the cumulative second quarter, indicating that foreign exchange risk associated with purchases from overseas vendors materialized as an actual loss. This was down from ¥4.873 million in the same period of the previous year. - FY2018-Q1MaterialisedAnnual report
「Foreign exchange loss 28」
Foreign exchange losses of ¥28 thousand were recorded in the income statement for the first quarter, indicating that foreign exchange risk associated with purchases from overseas vendors continues to appear as a loss. This was down from ¥4.489 million in the same period of the previous year. - FY2017MitigatedAnnual report
「Because most purchases from overseas are settled in U.S. dollars, we take measures such as entering into forward exchange contracts for trade payables and review domestic selling prices as appropriate.」
Foreign exchange risk associated with overseas purchases continues, but the company now describes countermeasures including hedging through forward exchange contracts and reviews of selling prices. - FY2017-Q3MaterialisedAnnual report
「Foreign exchange losses 4,867」
Foreign exchange losses of ¥4.867 million were recorded in the cumulative third-quarter income statement, indicating that losses associated with foreign exchange risk from purchases from overseas vendors have continued to arise. - FY2017-Q2MaterialisedAnnual report
「Foreign exchange losses 4,873」
Foreign exchange losses of ¥4.873 million were recorded in the cumulative second-quarter income statement, indicating that losses associated with foreign exchange risk from purchases from overseas vendors have continued to arise. - FY2017-Q1MaterialisedAnnual report
「Foreign exchange losses 4,489」
Foreign exchange losses of ¥4.489 million were recorded in the first-quarter income statement, indicating that losses associated with foreign exchange risk from purchases from overseas vendors have materialized. - FY2016First statedAnnual report
「Because products from overseas vendors account for a large proportion of purchases and most purchases are settled in U.S. dollars, the company is exposed to foreign exchange risk on trade payables.」
The company explains that purchase prices rise when the yen weakens, reducing profit margins if the increase cannot be passed on to selling prices.