Decline in Overseas Sales Competitiveness Due to Exchange-Rate Fluctuations
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 14 of 17 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Our export transactions are conducted mainly in yen, and the impact of exchange-rate fluctuations on earnings is limited. However, if the yen appreciates, local selling prices will become relatively higher than those of products from other countries, which may affect our Group's financial position and operating results through reduced price competitiveness and lower selling prices.」
Reconfirmed the risk of lower overseas selling prices and competitiveness resulting from yen appreciation. - FY2017First statedAnnual report
「If the yen appreciates, local selling prices will become relatively higher than those of products from other countries, which may affect our Group's financial position and operating results through reduced price competitiveness and lower selling prices.」
Although exports are mainly denominated in yen and their impact on earnings is considered limited, explicitly identified the risk of higher local prices and reduced competitiveness resulting from yen appreciation.