Risk of fluctuations in foreign exchange rates
First written in FY2019. 2 of 5 entries say "Materialised", first in FY2023-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2019: 68 of 119 companies on the "Worse" side.
38 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Non-operating income and expenses improved by ¥1,565 million from the previous fiscal year, mainly due to increases in foreign exchange gains and equity in earnings of affiliates.」
Non-operating income and expenses improved from the foreign exchange loss recorded in the previous fiscal year, due in part to foreign exchange gains in the current fiscal year, reducing the earnings impact of foreign exchange movements from the previous fiscal year. - FY2025-H1MaterialisedAnnual report
「Foreign exchange gain 638 — Foreign exchange loss — 226」
Compared with a foreign exchange gain of ¥638 million in the same period of the previous year, a foreign exchange loss of ¥226 million was recorded for the interim period, and the impact of foreign exchange movements was reflected in actual results as a loss. - FY2024-Q3MitigatedAnnual report
「Foreign exchange gain 4」
Whereas a foreign exchange loss of ¥796 million was recorded in the same period of the previous year, a foreign exchange gain of ¥4 million was recorded for the cumulative third-quarter period. The earnings impact of foreign exchange movements decreased from the same period of the previous fiscal year. quantified=true, materialized=false. - FY2023-Q3MaterialisedAnnual report
「Foreign exchange loss 796」
Foreign exchange risk materialized in earnings as a ¥796 million foreign exchange loss included in non-operating expenses for the cumulative third-quarter consolidated period. quantified=true, materialized=true. - FY2019First statedAnnual report
「The group exports products and imports raw materials, fuel and other items denominated in foreign currencies. It takes measures to mitigate these risks through managing foreign exchange exposure by balancing foreign-currency-denominated assets and liabilities, as well as through hedging transactions such as forward exchange contracts. However, fluctuations in foreign exchange rates may materially affect the group’s results of operations and financial condition.」
The company disclosed foreign exchange risk associated with foreign-currency-denominated exports and imports and the yen conversion of overseas subsidiaries, and described measures including balancing assets and liabilities and using forward exchange contracts.