Foreign Exchange Risk Associated with Import Purchases

「Just under 40% of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars. To mitigate the risk from exchange-rate fluctuations, the company enters into forward foreign exchange contracts within the amounts of foreign-currency-denominated accounts payable and purchase orders.」

「This was because, although material prices rose and the weaker yen increased the cost of imported merchandise purchases, the cost ratio improved through measures including control of outsourcing costs.」

「Just under 50% of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars. Although forward foreign exchange contracts can mitigate the impact of exchange-rate fluctuations, it is impossible to eliminate all risks, including indirect effects. A continued sharp depreciation of the yen would increase costs, and the group’s performance may therefore be affected by exchange-rate fluctuations.」

「Meanwhile, segment profit was ¥923 million, or 96.2% year on year, due to higher import costs for payment terminals resulting from the weaker yen.」

「Approximately 40% of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars. To mitigate the risk from exchange-rate fluctuations, the company enters into forward foreign exchange contracts within the amounts of foreign-currency-denominated accounts payable and purchase orders.」

「In terms of profit and loss, the company has been affected by the disappearance, during the cumulative consolidated period under review, of the impact of the increase in sales and profit recognized in the same period of the previous year due to the application of revenue recognition accounting standards and other standards from the beginning of the previous consolidated fiscal year, as well as by the trend toward a weaker yen.」

「In terms of profit and loss, the company has been affected by the impact of the increase in sales and profit recognized in the same period of the previous year due to the application of revenue recognition accounting standards and other standards from the beginning of the previous consolidated fiscal year, as well as by the weaker yen.」

「Approximately 50% of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars.」

「During the cumulative second-quarter period, there were no occurrences of major risks that management recognizes could materially affect the financial condition, operating results or cash flow of the consolidated companies among the matters concerning the business and financial conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」

「Approximately 30% of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars. To mitigate the risk from exchange-rate fluctuations, the company enters into forward foreign exchange contracts within the amounts of foreign-currency-denominated accounts payable and purchase orders.」

「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「During the cumulative first-quarter period, there were no occurrences of major risks that management recognizes could materially affect the financial condition, operating results or cash flow of the consolidated companies among the matters concerning the business and financial conditions described in the quarterly report, nor were there any material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」

「Approximately 50% of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars. To mitigate the risk from exchange-rate fluctuations, the company enters into forward foreign exchange contracts within the amounts of foreign-currency-denominated accounts payable and purchase orders.」

「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

「During the cumulative second-quarter period, no matters arose that could materially affect investors' decisions. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「During the cumulative first-quarter period, no matters arose that could materially affect investors' decisions. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「During the cumulative first-quarter period, no matters arose that could materially affect investors' decisions. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「Approximately 30% of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars. To mitigate the risk from exchange-rate fluctuations, the company enters into forward foreign exchange contracts within the amounts of foreign-currency-denominated accounts payable and purchase orders.」

「During the nine months ended the third quarter, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」

「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

「Approximately one-third of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars. To mitigate the risk from exchange-rate fluctuations, the company enters into forward foreign exchange contracts within the amounts of foreign-currency-denominated accounts payable and purchase orders.」

「Approximately 40% of the group’s merchandise purchases are imports, primarily denominated in U.S. dollars. To mitigate the risk from exchange-rate fluctuations, the company enters into forward foreign exchange contracts within the amounts of foreign-currency-denominated accounts payable and purchase orders.」