Foreign exchange risk associated with increased foreign-currency settlements
First written in FY2016. 7 of 17 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Downside risks to the economy from the situation in the Middle East and volatility in financial and capital markets are explicitly identified.Annual report
「During the consolidated fiscal year, the Japanese economy was recovering moderately, but the situation required attention to downside risks from US trade policy and developments in the situation in the Middle East. The impact of volatility in financial and capital markets also requires close monitoring, and the outlook remains uncertain.」
The disclosure explicitly identifies US trade policy, the situation in the Middle East, and volatility in financial and capital markets as factors behind downside risks to the economy and uncertainty about the outlook. - FY2026-H1Downside risks to the economy from US trade policy and rising prices are explicitly identified.Annual report
「During the interim consolidated accounting period, the Japanese economy was recovering moderately, but the situation required attention to downside risks from the impact of US trade policy. In addition, the continued rise in prices posed downside risks to the economy, including through its impact on personal consumption via weaker consumer sentiment, and the outlook remained uncertain.」
While noting the economic recovery, the disclosure explicitly identifies US trade policy and continued price increases as risks that could weigh on the economy and personal consumption. - FY2025-H1High interest rates in the US and Europe and concerns about the Chinese economy are explicitly identified.Annual report
「During the interim consolidated accounting period, the Japanese economy was expected to continue its moderate recovery, supported by improvements in employment and income conditions and a recovery in inbound demand. However, overseas factors, including the persistence of high interest rates in the US and Europe and concerns about the outlook for the Chinese economy, posed downside risks to the economy, and the economic outlook remained uncertain.」
While expressing expectations for an economic recovery, the disclosure explicitly identifies persistent high interest rates in the US and Europe and concerns about the outlook for the Chinese economy as overseas factors. - FY2024-Q3Downside risks to the economy from global monetary tightening are explicitly identified.Annual report
「However, the economic outlook remains uncertain amid soaring resource and raw material prices and downside risks to the economy associated with global monetary tightening.」
In addition to soaring resource and raw material prices, the disclosure explicitly identifies downside risks to the economy associated with global monetary tightening as a factor contributing to uncertainty about the economic outlook. - FY2024-Q2Foreign exchange volatility concerns associated with interest-rate policies in major countries are explicitly identified.Annual report
「However, the economic outlook remains uncertain amid concerns about soaring resource and raw material prices and the possibility of significant exchange rate volatility associated with interest-rate policies in major countries.」
In addition to soaring resource and raw material prices, the disclosure explicitly identifies concerns about significant exchange rate volatility associated with interest-rate policies in major countries as factors contributing to uncertainty about the economic outlook. - FY2023WorsenedAnnual report
「Even for some products traded in yen, the purchase and sales prices denominated in yen are set based on exchange rates over a certain period, making them subject to the impact of foreign exchange fluctuations. The Group is working to minimize this impact through measures such as entering into forward exchange contracts corresponding to sales prices, but exchange rate trends could have a material impact on the Group's operating results.」
The disclosure makes clear that, in addition to foreign-currency settlements, the pricing of purchases and sales in yen-denominated transactions is also affected by foreign exchange fluctuations, thereby broadening the scope of the risk. - FY2022RestatedAnnual report
「The Group is globalizing its development and product manufacturing operations, among others, and the amount of foreign-currency settlements is increasing. Its current foreign-currency transactions are primarily in US dollars, and the Group is working to minimize short-term impacts through measures such as forward exchange contracts.」
The disclosure reiterates the explanation regarding increased foreign-currency settlements, US dollar transactions, and the mitigation of short-term impacts through forward exchange contracts. - FY2020-Q3WorsenedAnnual report
「However, the economic outlook remains uncertain amid increased uncertainty in overseas economies due to trade issues, the UK's withdrawal from the EU and other factors, concerns about the impact of volatility in financial and capital markets, and concerns that the consumption tax increase will weaken consumer sentiment.」
In addition to the existing concerns about uncertainty in overseas economies and volatility in financial and capital markets, the disclosure identifies weaker consumer sentiment resulting from the consumption tax increase as a new factor of concern. - FY2020-Q2RestatedAnnual report
「However, the economic outlook remains uncertain amid uncertainty in overseas economies due to trade issues and other factors, as well as concerns about the impact of volatility in financial and capital markets.」
The disclosure reiterates the view that uncertainty in overseas economies due to trade issues and other factors and concerns about volatility in financial and capital markets continue to leave the economic outlook uncertain. - FY2019-Q3RestatedAnnual report
「However, the economic outlook remains uncertain amid growing uncertainty in overseas economies due to trade issues and other factors, as well as concerns about the impact of volatility in financial and capital markets.」
The disclosure reiterates the view that uncertainty in overseas economies due to trade issues and other factors and concerns about volatility in financial and capital markets continue to leave the economic outlook uncertain. - FY2019-Q2RestatedAnnual report
「However, the economic outlook remains uncertain amid growing uncertainty in overseas economies due to trade issues and other factors, as well as concerns about the impact of volatility in financial and capital markets.」
The disclosure reiterates that uncertainty in overseas economies due to trade issues and other factors and concerns about volatility in financial and capital markets continue, leaving the economic outlook uncertain. - FY2019-Q1RestatedAnnual report
「However, in addition to the further increase in uncertainty in the global economy, concerns remain about the impact of volatility in financial and capital markets, and the outlook for the economy therefore continues to be uncertain.」
The disclosure continues to identify uncertainty in the global economy and volatility in financial and capital markets as factors affecting the economic outlook, as before. - FY2018-Q3RestatedAnnual report
「However, in addition to the further increase in uncertainty in the global economy, concerns remain about the impact of volatility in financial and capital markets, and the outlook for the economy therefore continues to be uncertain.」
The disclosure reiterates that concerns about uncertainty in the global economy and volatility in financial and capital markets continue. - FY2018-Q2WorsenedAnnual report
「During the first six months of the current fiscal year, the Japanese economy continued to recover moderately, with improvements in employment and income conditions and signs of a gradual recovery in personal consumption. However, the economic outlook remained uncertain amid growing uncertainty in the global economy and concerns about the impact of volatility in financial and capital markets.」
The disclosure states that the economic outlook remains uncertain because uncertainty in the global economy has increased further and the impact of volatility in financial and capital markets is also a concern. - FY2017RestatedAnnual report
「The Company's current foreign-currency transactions are primarily in US dollars, and it is working to minimize short-term impacts through measures such as forward exchange contracts. However, its current foreign-currency transactions are recognized as expenses, meaning that yen depreciation will adversely affect the Company's operating results.」
The Company reiterates its policy of using forward exchange contracts for US dollar transactions and the risk that yen depreciation will adversely affect operating results. - FY2017-Q1WorsenedAnnual report
「However, uncertainty about the economic outlook has increased as the yen has rapidly appreciated, amid growing uncertainty in overseas economies, particularly emerging markets, compounded by the UK's withdrawal from the EU, raising concerns about a deterioration in corporate earnings.」
The disclosure states that the yen's appreciation accelerated against a backdrop of uncertainty in overseas economies and the UK's withdrawal from the EU, increasing concerns about corporate earnings and economic uncertainty. - FY2016First statedAnnual report
「The Company is globalizing its development and product manufacturing operations, among others, and the amount of foreign-currency settlements is increasing. Its current foreign-currency transactions are primarily in US dollars, and the Company is working to minimize short-term impacts through measures such as forward exchange contracts.」
Against the backdrop of increased foreign-currency settlements and US dollar transactions, the Company states that it seeks to limit short-term impacts through forward exchange contracts.