Avoiding Foreign Exchange Risk by Denominating Export Product Prices in Yen
First written in FY2017. 1 of 3 entries say "Achieved", first in FY2018. Latest entry: FY2019.
The whole theme swung hardest in 2020: 3 of 13 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「We have also changed the prices of export products from foreign-currency to yen-denominated prices in order to avoid the risk to earnings from foreign-exchange fluctuations.」
The disclosure continues to state that the export product prices have been converted to yen as a response measure. - FY2018AchievedAnnual report
「We have also changed the prices of export products from foreign-currency to yen-denominated prices in order to avoid the risk to earnings from foreign-exchange fluctuations.」
The wording changed from “progressively changing” in the previous disclosure to stating that the export product prices had already been converted to yen. - FY2017First statedAnnual report
「To avoid the risk to earnings arising from foreign exchange fluctuations, we are progressively changing export product prices from foreign-currency denominations to yen denominations.」
The progressive conversion of export product prices from foreign-currency to yen denominations is identified as a new response to foreign exchange risk.