Foreign Exchange Fluctuations
First written in FY2016. 4 of 8 entries say "Worsened", first in FY2025-H1. Latest entry: 2026-06-03.
Sakura Rubber moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「During the interim consolidated fiscal period, Japan’s economy was on a gradual recovery trend as excessive concern eased following an agreement in Japan-U.S. tariff negotiations. However, the outlook continues to require caution owing to developments in U.S. tariff policy, prolonged high prices, worsening labor shortages, and sharp foreign exchange market movements.」
Sharp exchange-rate fluctuations are cited, along with U.S. tariff policy, rising prices and labor shortages, as factors warranting caution about the outlook. - FY2025-H1WorsenedAnnual report
「Meanwhile, the company continues to operate in an environment requiring caution regarding the outlook, owing to higher interest rates accompanying a review of the Bank of Japan’s monetary policy, the impact of sharp foreign exchange market movements, concerns over an overseas economic slowdown, and ongoing labor shortages.」
Sharp foreign exchange market movements are cited as an outlook risk requiring caution, alongside a review of monetary policy and concerns over an overseas economic slowdown. - FY2023RestatedAnnual report
「The company conducts transactions to reduce fluctuation risk within a certain range, using forward exchange contracts and other measures against foreign exchange movements and fixed interest rates and interest rate swaps against interest rate movements. However, market movements exceeding short- and medium- to long-term forecasts could affect operating results and financial condition through higher foreign exchange settlement amounts and interest payments.」
The company reconfirms its response through forward exchange contracts and other measures, as well as the risk of foreign exchange movements exceeding forecasts. - FY2021RestatedAnnual report
「The company conducts transactions to reduce fluctuation risk within a certain range, using forward exchange contracts and other measures against foreign exchange movements and fixed interest rates and interest rate swaps against interest rate movements. However, market movements exceeding short- and medium- to long-term forecasts could affect operating results and financial condition through higher foreign exchange settlement amounts and interest payments.」
The company continues to describe its response through forward exchange contracts and other measures, as well as the risk of foreign exchange movements exceeding forecasts. - FY2018RestatedAnnual report
「The group reduces, to a certain extent, the risk of currency fluctuations related to imports and other foreign-currency transactions through hedging transactions such as forward exchange contracts. However, foreign exchange movements exceeding short- and medium- to long-term forecasts could affect operating results and financial condition.」
While reducing the risk to a certain extent through forward exchange contracts and other measures, the company identifies foreign exchange movements beyond forecasts as a risk. - FY2016First statedAnnual report
「The group reduces, to a certain extent, the risk of currency fluctuations related to imports and other foreign-currency transactions through hedging transactions such as forward exchange contracts. However, foreign exchange movements exceeding short- and medium- to long-term forecasts could affect operating results and financial condition.」
While reducing the risk to a certain extent through forward exchange contracts, the company identifies short- and medium- to long-term foreign exchange movements beyond forecasts as a risk.