Foreign-Exchange Risk Related to Overseas Sales and Overseas Subsidiaries
First written in FY2016. 18 of 28 entries say "Restated". Latest entry: FY2026.
Fujimi moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 29 of 63 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Our group actively conducts transactions overseas and has 4 overseas consolidated subsidiaries. Overseas sales accounted for 77.8% and 78.0%, respectively, of consolidated net sales in the previous and current consolidated fiscal years, and we expect the ratio to remain high going forward. Foreign-currency transactions are hedged with forward exchange contracts as necessary, but exchange-rate movements may have a significant effect on the performance of our group.」
The company continues to disclose that exchange-rate movements may have a significant effect on performance, as the overseas sales ratio rose from 77.8% to 78.0%. - FY2025-H1RestatedAnnual report
「In North America, increased sales of CMP products and the yen's depreciation resulted in sales of ¥4,106 million, up 18.6% year on year, and segment profit (operating profit) of ¥194 million, up 56.3%.」
The yen's depreciation was reflected in the results as a factor driving higher sales and segment profit in North America. The company states that there have been no material changes in the foreign exchange risk itself associated with overseas transactions. - FY2024RestatedAnnual report
「Overseas sales accounted for 77.5% of consolidated net sales in both the fiscal years ended March 2023 and March 2024, and we expect the ratio to remain high going forward. Foreign-currency transactions are hedged with forward exchange contracts as necessary, but exchange-rate movements may have a significant effect on the performance of our group.」
The company disclosed an overseas sales ratio of 77.5% and hedging with forward exchange contracts, and continues to identify the foreign exchange risk associated with overseas transactions. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2023-Q3RestatedAnnual report
「In North America, sales were ¥6,102 million, up 31.0% year on year, and segment profit (operating profit) was ¥858 million, up 79.9%, partly due to an improved product mix and the impact of exchange rates. However, amid the semiconductor market adjustment, the year-on-year sales growth rate in the third quarter slowed on a local-currency basis.」
The impact of exchange rates contributed to higher segment profit in North America, while the company also noted slower sales growth amid the semiconductor market adjustment. No material change in the foreign exchange risk itself associated with overseas sales and overseas subsidiaries was indicated. - FY2023-Q2RestatedAnnual report
「In North America, increased sales of CMP products and products for silicon wafers resulted in sales of ¥4,118 million, up 30.6% year on year. Segment profit (operating profit) was ¥606 million, up 74.3%, due to higher sales, an improved product mix and the impact of exchange rates.」
The impact of exchange rates continues to be reflected in segment profit in North America, but in the current quarter it was cited as a factor driving higher sales and profit. No material change in the foreign exchange risk associated with overseas operations was indicated. - FY2023-Q1RestatedAnnual report
「In North America, increased sales of CMP products and products for silicon wafers resulted in sales of ¥1,993 million, up 21.8% year on year. Segment profit (operating profit) was ¥372 million, up 75.2%, due to higher sales, an improved product mix and the impact of exchange rates.」
The impact of exchange rates continues to be reflected in sales and segment profit in North America, but in the current quarter it was cited as a factor driving higher sales and profit. No material change in the foreign exchange risk itself associated with overseas sales and overseas subsidiaries was indicated. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2022-Q1RestatedAnnual report
「In Europe, increased sales of CMP products resulted in sales of ¥447 million, up 15.3% year on year, while segment profit (operating profit) was ¥47 million, down 10.9%, partly due to changes in the product mix and the impact of exchange rates.」
In Europe, sales increased, while segment profit fell below the year-earlier level due to the impact of exchange rates and other factors, continuing to confirm the foreign exchange impact associated with overseas operations. - FY2021WorsenedAnnual report
「Overseas sales accounted for 75.1% and 76.8%, respectively, of consolidated net sales in the fiscal years ended March 2020 and March 2021, and we expect the ratio to remain high going forward. Foreign-currency transactions are hedged with forward exchange contracts as necessary, but exchange-rate movements may have a significant effect on the performance of our group.」
The company explicitly identified the risk that exchange-rate movements could have a significant effect on performance, as the overseas sales ratio rose from 75.1% to 76.8%. - FY2021-Q3RestatedAnnual report
「In Europe, sales were ¥1,129 million, down 2.4% year on year, and segment profit (operating profit) was ¥124 million, down 22.3%, partly due to the impact of exchange rates.」
The impact of exchange rates caused sales and segment profit in Europe to fall below the year-earlier levels, and the foreign exchange impact associated with overseas operations continues to be evident in the results. - FY2021-Q2RestatedAnnual report
「In Europe, sales were ¥756 million, down 4.5% year on year, and segment profit (operating profit) was ¥82 million, down 26.6%, partly due to the impact of exchange rates.」
The impact of exchange rates caused sales and segment profit in Europe to fall below the year-earlier levels, continuing to confirm the foreign exchange impact associated with overseas operations. - FY2021-Q1RestatedAnnual report
「In Europe, sales were ¥388 million, down 3.7% year on year, and segment profit (operating profit) was ¥53 million, down 5.3%. Both declined slightly year on year due to the impact of exchange rates.」
The company disclosed that the impact of exchange rates caused sales and segment profit in Europe to fall below the year-earlier levels, continuing to confirm the foreign exchange impact associated with overseas operations. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding foreign exchange risk associated with overseas sales and overseas subsidiaries. - FY2018MaterialisedAnnual report
「In Europe, strong sales of products for silicon wafers resulted in sales of ¥1,479 million, up 8.6% from the previous fiscal year, while segment profit (operating profit) was ¥131 million, down 8.6% from the previous fiscal year due to the impact of exchange rates.」
The impact of exchange rates caused segment profit in Europe to fall below the previous year, bringing the foreign exchange risk to the fore in the results. - FY2018-Q3MaterialisedAnnual report
「In Europe, sales of products for silicon wafers remained strong, resulting in sales of ¥1,106 million, up 8.5% year on year. However, due to the impact of exchange rates, segment profit (operating profit) was ¥100 million, down 13.6%.」
The impact of exchange rates caused segment profit in Europe to fall below the year-earlier level, and the foreign exchange risk associated with overseas operations continues to be evident in the results. - FY2018-Q2MaterialisedAnnual report
「In Asia, sales were ¥4,568 million, up 6.7% year on year, due to the impact of exchange rates, but segment profit (operating profit) was ¥541 million, down 14.9%, as the product mix deteriorated.」
The company continues to state that the impact of exchange rates actually affected sales in Asia, bringing the foreign exchange risk associated with overseas operations to the fore. - FY2017MaterialisedAnnual report
「In Asia, sales of CMP products for leading-edge logic devices remained firm, but due to the impact of exchange rates and production adjustments at hard disk drive manufacturers that continued through early spring, sales were ¥8,914 million, down 3.5% year on year, and segment profit (operating profit) was ¥1,340 million, down 29.7%.」
The impact of exchange rates reduced sales and segment profit in Asia, bringing the foreign exchange risk associated with overseas operations to the fore in the results. - FY2017-Q3MaterialisedAnnual report
「In Asia, sales of CMP products for leading-edge logic devices remained firm, but due to the impact of exchange rates and production adjustments at hard disk drive manufacturers that continued through early spring, sales were ¥6,623 million, down 8.7% year on year, and segment profit (operating profit) was ¥983 million, down 38.8%.」
The impact of exchange rates reduced sales and segment profit in Asia, and the foreign exchange risk associated with overseas operations continues to be evident in the results. - FY2017-Q2MaterialisedAnnual report
「In North America, sales increased on a local-currency basis, but due to the impact of the yen's appreciation, sales were ¥2,249 million, down 5.2% year on year, while segment profit (operating profit) was ¥199 million, down 21.3% due to higher operating expenses.」
The yen's appreciation actually reduced sales and segment profit in North America, and the foreign exchange risk associated with overseas operations continues to be evident in the results. - FY2017-Q1MaterialisedAnnual report
「In North America, sales increased on a local-currency basis, but due to the yen's appreciation, sales were ¥1,167 million, down 5.1% year on year, and segment profit (operating profit) was ¥129 million, down 15.2%.」
The rapid appreciation of the yen and its foreign exchange impact actually affected sales and segment profit in North America and elsewhere, bringing the foreign exchange risk associated with overseas operations to the fore. - FY2016First statedAnnual report
「Overseas sales accounted for 76.2% and 74.5%, respectively, of consolidated net sales in the fiscal years ended March 2015 and March 2016, and we expect the ratio to remain high going forward. Foreign-currency transactions are hedged with forward exchange contracts as necessary, but exchange-rate movements may affect the performance of our group.」
The company quantified the overseas sales ratio and stated that performance could be affected even when transactions are hedged with forward exchange contracts.