Foreign-exchange risk, including a stronger yen and yuan
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2023-Q2.
The whole theme swung hardest in 2022: 8 of 17 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2023-Q2Sales uplift from a weaker yen describedAnnual report
「Because optical products have a high proportion of sales to overseas customers, foreign exchange movements also boosted sales.」
Regarding foreign exchange movements, the company states that a weaker-yen exchange rate boosted sales of optical products, which have a high proportion of sales to overseas customers. - FY2021RestatedAnnual report
「In general, a stronger yen against other currencies has an adverse effect on the operating results of our Group, while a weaker yen has a favorable effect. In addition, our Group has a consolidated subsidiary in China that serves as a production base, and an appreciation in the value of the yuan, China's currency, would increase production costs and could reduce the competitiveness of our Group.」
The effects of a stronger yen and appreciation of the renminbi on operating results, production costs, and competitiveness continue to be identified as risks. - FY2020RestatedAnnual report
「In general, a stronger yen against other currencies has an adverse effect on the operating results of our Group, while a weaker yen has a favorable effect. In addition, our Group has a consolidated subsidiary in China that serves as a production base, and an appreciation in the value of the yuan, China's currency, would increase production costs and could reduce the competitiveness of our Group.」
The effects of a stronger yen and appreciation of the renminbi on operating results, production costs, and competitiveness continue to be identified as risks. - FY2017RestatedAnnual report
「In general, a stronger yen against other currencies has an adverse effect on the operating results of our Group, while a weaker yen has a favorable effect. In addition, our Group has a consolidated subsidiary in China that serves as a production base, and any further appreciation in the value of the yuan, China's currency, would increase production costs and could reduce the competitiveness of our Group.」
The effects of a stronger yen and appreciation of the renminbi on operating results, production costs, and competitiveness continue to be identified as risks. - FY2017-Q3RestatedAnnual report
「Our Group has consolidated subsidiaries overseas and exports to countries around the world. In general, a stronger yen against other currencies has an adverse effect on the operating results of our Group, while a weaker yen has a favorable effect. In addition, our Group has a consolidated subsidiary in China that serves as a production base, and any further appreciation in the value of the yuan, China's currency, would increase production costs and could reduce the competitiveness of our Group.」
The effects of a stronger yen and appreciation of the renminbi on operating results, costs, and competitiveness continue to be identified as risks. Meanwhile, in the business environment, the yen turned weaker from November 2016, and a foreign exchange gain of ¥30,031 thousand was recorded. - FY2017-Q2MaterialisedAnnual report
「During the cumulative second quarter of the current fiscal year, the Japanese economy became more uncertain as the yen appreciated and corporate capital investment showed signs of stalling, although corporate earnings generally remained on a moderate recovery trend.」
As the yen appreciated, a foreign exchange loss of ¥39,755 thousand and a decrease in foreign currency translation adjustments were recorded during the quarter, demonstrating the impact of foreign exchange risk in the reported figures. - FY2016First statedAnnual report
「In general, a stronger yen against other currencies has an adverse effect on the operating results of our Group, while a weaker yen has a favorable effect. In addition, our Group has a consolidated subsidiary in China that serves as a production base, and any further appreciation in the value of the yuan, China's currency, would increase production costs and could reduce the competitiveness of our Group.」
Foreign exchange exposure related to overseas sales and production in China is indicated.