Impact of the strengthening yen on the manufacturing sector
First written in FY2017-Q1. 1 of 4 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020DroppedAnnual reportThe impact of yen appreciation on manufacturing companies and the inflow of tapes made overseas, which was previously reported, cannot be found as a separate item in this filing.
- FY2017-Q3MitigatedAnnual report
「In addition, as the yen began to weaken in early autumn amid relatively favourable employment conditions, earnings improved, particularly for export companies, and the economy showed signs of recovery.」
In contrast to the yen's appreciation reported through the previous quarter, the yen began to weaken in early autumn, and the report states that earnings improved at export companies. - FY2017-Q2MaterialisedAnnual report
「For laminated products made from paper and fabric used as tape substrates, demand related to tape products remained sluggish as the construction and logistics sectors were relatively stagnant. The inflow of tapes made overseas due to yen appreciation also contributed to lower revenue.」
The inflow of tapes made overseas due to yen appreciation materialised as an actual impact on results through sluggish tape-related demand and lower revenue. - FY2017-Q1First statedAnnual report
「Meanwhile, in the Japanese economy, the yen had been appreciating since early spring, affecting the manufacturing sector in particular.」
The appreciation of the yen's impact on manufacturing companies is identified as a new external-environment risk.