Foreign Exchange Rate Risk
First written in FY2016. 11 of 14 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group conducts currency hedging transactions within the scope of actual demand and works to minimize the adverse impact of exchange rate movements on foreign-currency-denominated sales and other transactions. However, these measures do not necessarily fully avoid foreign exchange risk, and exchange rate movements may adversely affect the Group's results.」
The explanation that, although foreign exchange hedging is conducted, foreign exchange risk cannot be fully avoided has continued. - FY2024-Q1RestatedAnnual report
「Despite the impact of advance orders from a major customer in the same quarter of the previous year, revenue rose 1.0% year on year to ¥39.4 billion due to foreign exchange and other factors, remaining roughly at the same level as in the same quarter of the previous year.」
The impact of foreign exchange continues to be cited as a factor affecting quarterly results in the Electronics segment. - FY2023RestatedAnnual report
「The Group conducts currency hedging transactions within the scope of actual demand and works to minimize the adverse impact of exchange rate movements on foreign-currency-denominated sales and other transactions. However, these measures do not necessarily fully avoid foreign exchange risk, and exchange rate movements may adversely affect the Group's results.」
The explanation that, although foreign exchange hedging is conducted, exchange rate fluctuations cannot be fully avoided has continued. - FY2023-Q3RestatedAnnual report
「The Group reported higher revenue and profit due to foreign exchange effects, strong demand for data centers and FTTx in the Energy and Information & Communications segments, improved productivity in the Electronics segment, and the easing of semiconductor shortages in the Automotive segment, among other factors.」
The impact of exchange rate movements continues to be cited as a factor affecting results and was identified as a contributor to higher revenue and profit for the cumulative period of the current quarter. - FY2020-Q3RestatedAnnual report
「Although revenue was reduced by the impact of foreign exchange, revenue rose 0.5% year on year to ¥117.3 billion due to increased demand for certain vehicle models.」
The impact of foreign exchange continues to be disclosed as a factor driving lower revenue at the Automotive Sub-company. - FY2020-Q2RestatedAnnual report
「Due to the impact of foreign exchange and other factors, revenue rose 1.7% year on year to ¥79.0 billion, while the operating loss was ¥1.0 billion, compared with an operating loss of ¥2.1 billion in the same period of the previous year.」
The impact of foreign exchange continues to appear as a factor affecting results at the Automotive Sub-company. The operating loss narrowed from the same period of the previous year, but the foreign exchange impact continues to be disclosed. - FY2020-Q1RestatedAnnual report
「Due to the impact of foreign exchange and other factors, revenue fell 4.4% year on year to ¥41.4 billion, while the operating loss was ¥100 million, compared with an operating loss of ¥200 million in the same quarter of the previous year.」
The impact of foreign exchange materialized in results as a factor driving lower revenue in the Automotive Sub-company. The operating loss narrowed from the same period of the previous year, but the foreign exchange impact has continued. - FY2019-Q1MaterialisedAnnual report
「Revenue rose 12.8% year on year to ¥40.6 billion, due mainly to steady performance centered on FPC. However, operating profit fell 27.4% to ¥900 million due to launch costs for new models and the appreciation of the Thai baht, among other factors.」
The appreciation of the Thai baht, together with launch costs for new models, materialized in results as a factor driving lower operating profit at the Electronics Company. - FY2018RestatedAnnual report
「The Group conducts currency hedging transactions within the scope of actual demand and works to minimize the adverse impact of exchange rate movements on foreign-currency-denominated sales and other transactions. However, these measures do not necessarily fully avoid foreign exchange risk, and exchange rate movements may adversely affect the Group's results.」
The explanation that, although foreign exchange hedging is conducted, foreign exchange risk cannot be fully avoided has continued. - FY2017RestatedAnnual report
「The Group conducts currency hedging transactions within the scope of actual demand and works to minimize the adverse impact of exchange rate movements on foreign-currency-denominated sales and other transactions. However, these measures do not necessarily fully avoid foreign exchange risk, and exchange rate movements may adversely affect the Group's results.」
The explanation that, although foreign exchange hedging is conducted, the risk cannot be fully avoided has continued. - FY2017-Q3RestatedAnnual report
「Although the Energy business unit recorded lower revenue due to deteriorating domestic market conditions and lower copper prices, among other factors, and the Information & Communications business unit was affected by yen appreciation, strong overseas markets resulted in net sales decreasing 8.9% year on year to ¥254.4 billion and operating profit increasing 34.3% to ¥14.7 billion.」
The impact of the stronger yen continues to appear in results as a factor driving lower revenue in the Information & Communications segment, following the previous quarter. - FY2017-Q2RestatedAnnual report
「Due to lower revenue in the Energy business unit resulting from weakness in the domestic market and lower copper prices, among other factors, and the impact of yen appreciation on the Information & Communications business unit, net sales decreased 12.5% year on year to ¥162.5 billion and operating profit decreased 0.6% to ¥7.5 billion.」
The impact of the stronger yen continues to appear in results as a factor driving lower revenue in the Information & Communications segment. It had already materialized in the previous quarter, and this filing confirms that the same impact has continued. - FY2017-Q1MaterialisedAnnual report
「Due mainly to the impact of the appreciation of the yen on the Information & Communications segment, revenue fell 13.3% year on year to ¥80.2 billion, while operating profit fell 22.0% to ¥3.1 billion.」
The adverse impact of the stronger yen materialized in quarterly results as a factor driving lower revenue in the Information & Communications segment. - FY2016First statedAnnual report
「The Group conducts currency hedging transactions within the scope of actual demand and works to minimize the adverse impact of exchange rate movements on foreign-currency-denominated sales and other transactions. However, these measures do not necessarily fully avoid foreign exchange risk, and exchange rate movements may adversely affect the Group's results.」
Although hedging is conducted, foreign exchange risk cannot be fully avoided.