Risk of Falling Share Prices and Declining Pension Assets
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2022: 15 of 26 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「Of the Group's consolidated net sales for the fiscal year ended December 2017, 48.5% were generated overseas, and unexpected sharp fluctuations in exchange rates for foreign-currency-denominated transactions could adversely affect operating results.」
The disclosure shows that overseas sales accounted for 48.5% of sales and continues to identify the risk that fluctuations in exchange rates and share prices may affect operating results and financial position. - FY2016First statedAnnual report
「If stock markets and other markets deteriorate, the Group's operating results and financial position could be materially affected by the recognition of impairment losses on shares and other securities held by the Group, and increases in retirement benefit liabilities resulting from reductions in pension assets.」
The disclosure identifies impairment losses on shares held and increases in retirement benefit liabilities due to reductions in pension assets as financial-market risks separate from foreign-exchange risk.