Risk of exchange-rate fluctuations in import and export transactions and the translation of overseas subsidiaries
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 14 of 29 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The financial statements of overseas consolidated subsidiaries are translated into yen, creating a risk that the yen-converted amounts of profit or loss for the period will fluctuate as a result of exchange-rate movements.」
The disclosure of exchange-rate risk associated with import and export transactions and the translation of overseas subsidiaries into yen continues. - FY2024RestatedAnnual report
「In preparing the consolidated financial statements of our group, the financial statements of overseas consolidated subsidiaries are translated into yen, creating a risk that the yen-converted amounts of profit or loss for the period will fluctuate as a result of exchange-rate movements.」
The disclosure continues to address exchange-rate risk associated with import and export transactions and the translation of overseas subsidiaries into yen. - FY2023RestatedAnnual report
「Although we are working to mitigate exchange-rate risk, it cannot be completely avoided.」
The disclosure continues to address exchange-rate risk associated with import and export transactions and the translation of overseas subsidiaries into yen in connection with overseas operations. - FY2022RestatedAnnual report
「Although we are working to mitigate exchange-rate risk, it cannot be completely avoided.」
The disclosure continues to address exchange-rate risk associated with import and export transactions and the translation of overseas subsidiaries' financial statements into yen. - FY2021First statedAnnual report
「Although we are working to mitigate exchange-rate risk, it cannot be completely avoided. In preparing the consolidated financial statements of our group, the financial statements of overseas consolidated subsidiaries are translated into yen, creating a risk that the yen-converted amounts of profit or loss for the period will fluctuate as a result of exchange-rate movements.」
For the first time, the disclosure explicitly addressed exchange-rate risk associated with the expansion of overseas operations from both import and export transactions and the translation of overseas subsidiaries into yen.