Impact of Foreign-Exchange Movements on Financial Position and Results
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The group manufactures and sells products overseas and also engages in imports and exports, so significant exchange-rate fluctuations may affect its operating results, financial position, and other matters.」
The company continues to disclose exchange-rate fluctuation risk associated with overseas production and sales and imports and exports. - FY2020RestatedAnnual report
「The group manufactures and sells products overseas and also engages in imports and exports, so significant exchange-rate fluctuations may affect its operating results, financial position, and other matters.」
The company continues to disclose exchange-rate fluctuation risk associated with overseas production and sales and imports and exports. - FY2019RestatedAnnual report
「The group hedges through forward exchange contracts and other instruments to mitigate exchange-rate fluctuation risk, but exchange rates may fluctuate beyond expectations. In such cases, the group's financial position and operating results may be affected.」
The company continues to disclose the risk of exchange-rate fluctuations exceeding expectations and hedging through forward exchange contracts and other instruments. - FY2018First statedAnnual report
「The group hedges through forward exchange contracts and other instruments to mitigate exchange-rate fluctuation risk, but exchange rates may fluctuate beyond expectations. In such cases, the group's financial position and operating results may be affected.」
The company has, for the first time, explicitly identified the possibility that exchange-rate fluctuations beyond expectations could affect its financial position and operating results as a business risk.