Impact of Exchange Rate Fluctuations on Consolidated Performance
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
- FY2023RestatedAnnual report
「The Group sells products through local subsidiaries established around the world, and foreign exchange fluctuations therefore affect consolidated results through the translation of the subsidiaries' financial statements.」
The company continues to disclose foreign exchange exposure through the translation of overseas local subsidiaries' financial statements and sales through overseas subsidiaries. - FY2023-Q3WorsenedAnnual report
「Growing uncertainty about the outlook for foreign exchange rates, together with higher resource prices and ocean freight rates resulting from geopolitical risks, has raised concerns that the pace of economic recovery may slow.」
In addition to the existing foreign exchange exposure, uncertainty about the outlook for foreign exchange rates is identified as a factor raising concern about a delay in the pace of economic recovery. - FY2023-Q2RestatedAnnual report
「The outlook remains uncertain due to foreign exchange fluctuations caused by the sharp depreciation of the yen and higher resource prices and ocean freight rates resulting from geopolitical risks.」
Foreign exchange fluctuations caused by the sharp depreciation of the yen continue to be identified as an external-environment risk, together with higher resource prices and ocean freight rates associated with geopolitical risks. - FY2023-Q1WorsenedAnnual report
「The outlook remains uncertain due to foreign exchange fluctuations caused by the sharp depreciation of the yen, higher resource prices and ocean freight rates resulting from geopolitical risks, and the adverse impact of the global semiconductor shortage on production activity.」
In addition to general foreign exchange exposure, foreign exchange fluctuations caused by the sharp depreciation of the yen were explicitly identified as an external-environment risk. Although foreign exchange gains have been recorded, exposure to market fluctuations themselves continues. - FY2022RestatedAnnual report
「Foreign exchange fluctuations affect consolidated results through the translation of subsidiaries' financial statements. The parent company mitigates the impact of foreign exchange fluctuations in principle by conducting transactions in yen, but sales through overseas consolidated subsidiaries are affected by foreign exchange fluctuations at the subsidiary level.」
The company continues to disclose foreign exchange exposure through the translation of overseas subsidiaries' financial statements and sales transactions. - FY2017First statedAnnual report
「Foreign exchange fluctuations affect consolidated results through the translation of subsidiaries' financial statements. The parent company mitigates the impact of foreign exchange fluctuations in principle by conducting transactions in yen, but sales through overseas consolidated subsidiaries are affected by foreign exchange fluctuations at the subsidiary level.」
Apart from the actual sharp appreciation of the yen, the company identifies general foreign exchange exposure through the translation of overseas subsidiaries' financial statements and sales transactions as a risk.