Risk of foreign-exchange fluctuations affecting overseas operations and consolidated results
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 73 of 159 companies on the "Worse" side.
- FY2026RestatedAnnual report
「External factors such as changes in monetary policy, labor-related legislation and tax systems, foreign-exchange fluctuations, and changes in the competitive environment could affect business operations and profitability.」
While recognizing growth opportunities in its Australian business, the company continues to describe overseas business risks arising from monetary policy, labor legislation and tax systems, foreign exchange, and the competitive environment. - FY2025RestatedAnnual report
「Australia, where consolidated subsidiaries including Launch Group Holdings Pty Ltd operate, is positioned as a market offering significant growth opportunities for the Group. At the same time, external factors such as changes in monetary policy, labor-related legislation and tax systems, foreign-exchange fluctuations, and changes in the competitive environment could affect business operations and profitability.」
While recognizing growth opportunities in its Australian business, the company is reconfirming the risks arising from monetary policy, labor legislation and tax systems, foreign exchange, and the competitive environment. - FY2024First statedAnnual report
「The Group has overseas subsidiaries, and its consolidated financial statements are presented in Japanese yen, so it is affected by fluctuations in currency exchange rates. It is difficult to eliminate foreign-exchange risk entirely, and significant exchange-rate fluctuations in the future could affect the Group’s business, operating results and financial position.」
The company has, for the first time, explicitly identified foreign-exchange risk arising from its consolidated structure, which includes overseas subsidiaries in Australia, the Philippines and elsewhere, as a standalone business risk.