Foreign-exchange risk associated with approximately half of sales generated overseas
First written in FY2018. 2 of 3 entries say "Raised", first in FY2019. Latest entry: FY2023.
The whole theme swung hardest in 2019: 36 of 74 companies on the "Worse" side.
2 other companies' latest entry also says "Raised".
- FY2023RaisedAnnual report
「Approximately 70% of the consolidated sales of the Company’s group are generated overseas.」
The overseas sales ratio was updated from approximately 60% to approximately 70%, increasing exposure to foreign-exchange risk. - FY2019RaisedAnnual report
「Approximately 60% of the consolidated sales of the Company’s group are generated overseas.」
The overseas sales ratio was updated from approximately 50% to approximately 60%, increasing exposure to foreign-exchange risk. - FY2018First statedAnnual report
「Approximately half of the consolidated sales of the Company’s group are generated overseas. The group conducts transactions, primarily foreign-exchange forwards, as necessary to hedge foreign-exchange risk arising from currency fluctuations, but medium- to long-term exchange-rate movements may affect its operating results and financial condition.」
The Company disclosed medium- to long-term foreign-exchange risk and hedging through foreign-exchange forwards, reflecting a structure in which overseas sales account for approximately half of consolidated sales.