Exchange-Rate Fluctuations Associated with Export Expansion
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2027-H1.
Ishii Hyoki moved to the "Worse" side of this theme in 2026, 10 years after the typical company in this theme (2016).
The whole theme swung hardest in 2019: 29 of 63 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「At the Chinese subsidiary, foreign-currency-denominated assets in the local market have been affected by the appreciation of the yuan.」
The company described the specific impact of foreign exchange risk associated with its overseas expansion, stating that the Chinese subsidiary's local-currency-denominated assets were affected by a stronger yuan. - FY2023RestatedAnnual report
「Amid a persistently uncertain outlook, energy and raw material prices remain elevated due to international developments, including Russia's invasion of Ukraine, while the U.S. policy rate hikes have also caused significant foreign exchange volatility.」
The impact of foreign exchange volatility associated with overseas operations continues, in the form of significant volatility arising from international developments and U.S. rate hikes. - FY2020RestatedAnnual report
「Our group exports products to multiple countries around the world, mainly in Asia, and expects the proportion of exports to increase. Some transactions are conducted in foreign currencies, and fluctuations in exchange rates could affect the group’s financial position, operating results, and other matters.」
The company continues to disclose the increasing export ratio and foreign exchange volatility risk associated with foreign-currency transactions. - FY2017First statedAnnual report
「Our group exports products to multiple countries around the world, mainly in Asia, and expects the proportion of exports to increase. Some transactions are conducted in foreign currencies, and fluctuations in exchange rates could affect the group’s financial position, operating results, and other matters.」
The company discloses foreign-exchange risk associated with foreign-currency transactions as the proportion of overseas exports is expected to increase.