Foreign Exchange Risk and Management Through Forward Exchange Contracts
First written in FY2016. 8 of 19 entries say "Mitigated", first in FY2022-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2019: 20 of 37 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「For foreign-currency transactions, the Company seeks to reduce foreign exchange fluctuation risk by using forward exchange contracts and other measures in accordance with its forward exchange contract rules. However, significant exchange rate fluctuations may affect the Group’s operating results and financial position.」
The policy of managing foreign exchange risk through forward exchange contracts and other measures remains in place. The foreign exchange loss was ¥138.838 million, and the potential impact of exchange rate fluctuations continued to be disclosed. - 2026-05-14MitigatedFinancial results presentation
「Foreign-exchange losses declined through appropriate foreign-exchange risk management」
The company stated that foreign-exchange risk management reduced the adverse impact of foreign-exchange losses in the year-on-year analysis of ordinary profit. - FY2026-H1MitigatedAnnual report
「Foreign exchange loss 226,510 100,800」
The foreign exchange loss declined from ¥226.510 million in the year-earlier period to ¥100.800 million, reducing the adverse impact of exchange rate fluctuations on earnings from the year-earlier period. It was also stated that the weaker yen supported export prices. - FY2025-H1WorsenedAnnual report
「Foreign-exchange losses」
Compared with the foreign exchange gain of ¥43.804 million in the year-earlier period, the Company recorded a foreign exchange loss of ¥226.510 million during the interim consolidated accounting period, and the adverse impact of exchange rate fluctuations was reflected in earnings. - FY2024MitigatedAnnual report
「In the distribution of recycled resources, shipments increased due to stronger domestic sales and agile sales activities, and revenue and profit increased partly due to the impact of exchange rates and other factors.」
The impact of exchange rates and other factors contributed to higher revenue and profit in the global trading business during the fiscal year, easing during the period the adverse impact of yen appreciation and foreign exchange losses seen through the previous fiscal year. - FY2024-Q3MitigatedAnnual report
「In the distribution of recycled resources, shipments increased due to stronger domestic sales and agile sales activities, and revenue and profit increased partly due to the impact of exchange rates and other factors.」
The impact of exchange rates and other factors emerged as a driver of higher revenue and profit in the global trading business, easing during the period the adverse impact of foreign exchange losses seen through the previous fiscal year. - FY2024-Q2MitigatedAnnual report
「Profit increased due to the recovering transportation environment and the impact of exchange rates.」
The impact of exchange rates emerged as a factor contributing to higher profit, easing during the period the adverse impact of yen appreciation and foreign exchange losses seen through the previous fiscal year. - FY2024-Q1WorsenedAnnual report
「However, the market remained unchanged, with prices high in Japan and low overseas, making it difficult to secure margins. Profit declined partly due to the impact of exchange rates.」
In addition to the price gap between higher domestic and lower overseas prices, the impact of exchange rates emerged as a factor behind the decline in profit in the global trading business. The Company recorded a foreign exchange loss of ¥15.167 million during the quarter. - FY2023-Q3WorsenedAnnual report
「Revenue and profit declined, partly due to the impact of a foreign exchange loss caused by the rapid appreciation of the yen.」
The foreign exchange loss caused by the rapid appreciation of the yen contributed to lower revenue and profit in the global trading business, and the adverse impact of exchange rate fluctuations again appeared in the results. - FY2023-Q2WorsenedAnnual report
「Revenue and profit declined, partly due to the impact of a foreign exchange loss caused by the rapid appreciation of the yen during the latter half of the second quarter of the current fiscal year.」
The foreign exchange loss caused by the rapid appreciation of the yen contributed to lower revenue and profit in the global trading business, and the adverse impact of exchange rate fluctuations again appeared in the results. - FY2023-Q1MitigatedAnnual report
「Although foreign exchange gains from the rapid depreciation of the yen contributed to earnings, revenue and profit declined.」
The rapid depreciation of the yen resulted in a foreign exchange gain of ¥92.719 million, easing the impact on earnings compared with the foreign exchange loss in the year-earlier period. - FY2022MitigatedAnnual report
「Although the volume of metal scrap handled declined, the Company secured earnings through sales targeting domestic demand, sales taking advantage of price fluctuations and foreign exchange gains resulting from yen depreciation, resulting in higher revenue and profit.」
Foreign exchange gains resulting from yen depreciation and other factors contributed to securing earnings, and the Company recorded a foreign exchange gain of ¥317 million during the fiscal year. Foreign exchange fluctuation risk remains, but the impact on earnings was less adverse than the foreign exchange loss in the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gain － 58,236」
Compared with the foreign exchange loss of ¥57.760 million in the year-earlier period, the Company recorded a foreign exchange gain of ¥58.236 million during the first nine months of the current fiscal year, easing the adverse impact of exchange rate fluctuations that had been reflected in earnings up to the preceding period. - FY2022-Q2WorsenedAnnual report
「Foreign exchange loss － 14,786」
The Company recorded a foreign exchange loss of ¥14.786 million during the first six months of the current fiscal year, compared with no foreign exchange loss in the year-earlier period, bringing the impact of exchange rate fluctuations into earnings. - FY2022-Q1WorsenedAnnual report
「Foreign exchange loss 2,086 17,810」
The foreign exchange loss increased from ¥2.086 million in the year-earlier period to ¥17.810 million, and the impact of exchange rate fluctuations was more pronounced in quarterly earnings. - FY2021RestatedAnnual report
「For foreign-currency transactions, the Company seeks to reduce foreign exchange fluctuation risk by stipulating the use and operation of forward exchange contracts and other measures under its forward exchange contract rules.」
The policy of reducing foreign exchange fluctuation risk through forward exchange contracts and other measures was reaffirmed. The foreign exchange loss for the fiscal year was ¥50.367 million. - FY2021-Q3MaterialisedAnnual report
「Foreign exchange loss 21,432 57,760」
The foreign exchange loss increased from ¥21.432 million in the year-earlier period to ¥57.760 million, showing the impact of exchange rate fluctuations in quarterly earnings. - FY2017RestatedAnnual report
「For foreign-currency transactions, the Company seeks to reduce foreign exchange fluctuation risk by stipulating the use and operation of forward exchange contracts and other measures under its forward exchange contract rules.」
The policy of managing foreign-currency transactions through forward exchange contracts and other measures to reduce foreign exchange fluctuation risk was reaffirmed. - FY2016First statedAnnual report
「The yen appreciated rapidly from the beginning of the year through the end of the fiscal year.」
The Company recorded a foreign exchange loss of ¥47.378 million during the fiscal year, and disclosed risks associated with foreign-currency transactions, inventory valuations, foreign-currency deposits and the yen translation of overseas subsidiaries. It also stated a policy of seeking to reduce these risks through forward exchange contracts and other measures.