Foreign exchange fluctuation risk associated with overseas transactions
First written in FY2021. 4 of 5 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2026.
Appirits moved to the "Worse" side of this theme in 2022, 4 years after the typical company in this theme (2018).
The whole theme swung hardest in 2019: 16 of 27 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Foreign currency translation adjustment (¥7.639 million)」
In connection with the consolidation of BUNBU COMPANY LIMITED, a foreign currency translation adjustment of (¥7.639 million) was recognized, documenting the actual foreign exchange impact of international expansion. - FY2023MaterialisedAnnual report
「Foreign exchange loss 4,676」
A foreign exchange loss of ¥4.676 million was recognized for the fiscal year, documenting an annual loss resulting from foreign exchange fluctuations. - FY2023-Q3MaterialisedAnnual report
「Foreign exchange loss 4,585」
A foreign exchange loss of ¥4.585 million was recognized during the cumulative third-quarter period, with losses from foreign exchange fluctuations continuing to occur in practice. - FY2023-Q1MaterialisedAnnual report
「Foreign exchange loss 3,635」
A foreign exchange loss of ¥3.635 million was recognized during the cumulative first-quarter period, documenting an actual loss resulting from foreign exchange fluctuations. - FY2021First statedAnnual report
「As of the date of filing this document, foreign-currency-denominated transactions account for a small proportion of total Group transaction volume, so we believe that foreign exchange fluctuations currently have limited impact on us. However, if our international expansion progresses, changes in exchange rates and other factors could affect our business and other operations.」
It states that the current impact is limited while describing the risks if international expansion progresses.