Foreign Exchange Risk Associated with Overseas Sales and Overseas Operations
First written in FY2016. 5 of 16 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Kyb moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 29 of 63 companies on the "Worse" side.
22 other companies' latest entry also says "Other".
- FY2026Updated overseas sales ratioAnnual report
「Because the Group is heavily dependent on overseas markets, with overseas sales accounting for 61.8%, not only exports from Japan but also the business performance and other aspects of overseas affiliated companies are significantly affected by foreign exchange movements.」
The overseas sales ratio was updated from 58.5% in the previous fiscal year to 61.8%. Risk mitigation measures through the global allocation of production sites and foreign exchange forward contracts continue to be noted. - FY2024Update to overseas sales ratio and full-year foreign exchange impactAnnual report
「Because the Group is heavily dependent on overseas markets, with overseas sales accounting for 58.5%, not only exports from Japan but also the business performance and other aspects of overseas affiliated companies are significantly affected by foreign exchange movements.」
The overseas sales ratio was updated from 57.6% to 58.5%. While the foreign exchange impact of yen depreciation supports revenue growth, the disclosure states that the Group uses the global allocation of production sites and foreign exchange forward contracts to address foreign exchange volatility risk. - FY2024-Q2Update to foreign exchange and price impacts in the second quarterAnnual report
「In Japan as well, the operating environment remains difficult to forecast amid heightened uncertainty, including the prolonged inflationary effects of yen depreciation, concerns about an economic slowdown due to labor shortages, downside risks to order trends, and the impact of stagnation in China's property market.」
In addition to the prior filing's description of yen depreciation as a factor boosting revenue, this filing cites it as a factor linked to prolonged inflation and concerns about an economic slowdown. - FY2023-Q3Update to foreign exchange impact in the third quarterAnnual report
「Under these conditions, the group's revenue for the cumulative third quarter under review was ¥316.8 billion, an increase of ¥30.7 billion from the cumulative third quarter of the previous fiscal year, reflecting the recovery in demand following the resumption of economic activity and the effect of the weaker yen.」
In connection with dependence on overseas markets and foreign exchange, the cumulative third-quarter results cited the benefit of yen depreciation, together with a recovery in demand, as a factor driving revenue growth. - FY2023-Q2Update to foreign exchange impact in the second quarterAnnual report
「Under these conditions, the group's revenue for the cumulative second quarter under review was ¥209.9 billion, an increase of ¥24.0 billion from the cumulative second quarter of the previous fiscal year, reflecting the recovery in demand following the resumption of economic activity and the effect of the weaker yen.」
In connection with dependence on overseas markets and foreign exchange, the cumulative second-quarter results cited the sharp depreciation of the yen as a factor driving revenue growth. - FY2023-Q1Update to foreign exchange impact in the first quarterAnnual report
「In Japan as well, the outlook remains uncertain, with resource prices and a sharply weaker yen weighing on the economy while the risk of a renewed spread of COVID-19 continues, making it difficult to forecast the future.」
In connection with dependence on overseas markets and foreign exchange, the quarter's disclosure cited higher resource prices and a sharply weaker yen as factors weighing on the domestic economy. - FY2022Updated overseas sales ratioAnnual report
「Because the Group is heavily dependent on overseas markets, with overseas sales accounting for 57.6%, not only exports from Japan but also the business performance and other aspects of overseas affiliated companies are significantly affected by foreign exchange movements.」
The overseas sales ratio was updated from 55.9% in the previous fiscal year to 57.6%, indicating continued dependence on overseas markets and foreign exchange. Measures to mitigate risk through the global allocation of production sites were also noted. - FY2021Updated overseas sales ratioAnnual report
「Because the Group is heavily dependent on overseas markets, with overseas sales accounting for 55.9%, not only exports from Japan but also the business performance and other aspects of overseas affiliated companies are significantly affected by foreign exchange movements.」
The overseas sales ratio was updated from 55.2% to 55.9%, and the Group's continued dependence on overseas markets and foreign exchange was noted. - FY2021-Q2Update to foreign exchange losses for the first halfAnnual report
「Foreign exchange loss 1,142 656」
Foreign exchange losses recorded under other expenses decreased from ¥1.142 billion in the same period of the previous year to ¥656 million in the cumulative second-quarter consolidated period. - FY2020-Q3Updated third-quarter foreign exchange impactAnnual report
「Revenue was ¥289.5 billion, a decrease of ¥17.4 billion from the cumulative third quarter of the previous fiscal year due to the foreign exchange impact of the stronger yen, the downturn in the Chinese market associated with US-China trade friction and the impact of Typhoon Hagibis.」
The impact of yen appreciation, together with the effects of US-China trade friction and Typhoon Hagibis, is cited as a factor behind the ¥17.4 billion year-on-year decline in revenue for the nine months ended the third quarter. - FY2020-Q2Updated first-half foreign exchange impactAnnual report
「The group's revenue was ¥197.6 billion, a decrease of ¥5.2 billion from the cumulative second quarter of the previous fiscal year, due to the foreign exchange impact of the stronger yen and the downturn in the Chinese market associated with US-China trade friction.」
The foreign exchange impact of the stronger yen was reflected in results as a ¥5.2 billion year-on-year decline in revenue in the first half of fiscal 2019. Foreign exchange losses of ¥1.142 billion were also recorded in other expenses. - FY2019MaterialisedAnnual report
「As overseas sales account for 55.2% of the group's revenue and the group is highly dependent on overseas markets, both exports from Japan and the operating results of overseas affiliates are significantly affected by foreign exchange movements.」
The overseas sales ratio has been updated to 55.2%, indicating continued dependence on overseas markets and foreign exchange movements. Foreign exchange losses of ¥812 million were also recorded in financial expenses for the fiscal year under review. - FY2017MaterialisedAnnual report
「As overseas sales account for 53.5% of the group's revenue and the group is highly dependent on overseas markets, both exports from Japan and the performance of overseas affiliates are significantly affected by foreign exchange movements.」
The disclosure indicates a 53.5% overseas sales ratio and states that foreign exchange effects were reflected in full-year results, including a 7.1% decline in sales of automotive products due to the stronger yen. - FY2017-Q3MaterialisedAnnual report
「Revenue was ¥261.0 billion, a decrease of ¥4.8 billion from the cumulative third quarter of the previous fiscal year due to the foreign exchange impact of the stronger yen.」
The foreign exchange impact of the stronger yen continued to be reflected in results as a ¥4.8 billion year-on-year decline in revenue. - FY2017-Q2MaterialisedAnnual report
「Although sales of automotive products remained firm, revenue was ¥172.9 billion, a decrease of ¥6.9 billion from the cumulative second quarter of the previous fiscal year, due to the foreign exchange impact of the stronger yen and other factors.」
The foreign exchange impact of the stronger yen continued to be reflected in results as a ¥6.9 billion decline in first-half revenue. - FY2016MaterialisedAnnual report
「As overseas sales account for 54.9% of the group's revenue and the group is highly dependent on overseas markets, both exports from Japan and the performance of overseas affiliates are significantly affected by foreign exchange movements.」
The disclosure indicates a 54.9% overseas sales ratio and also cites the appreciation of the yen and foreign exchange losses during the fiscal year under review.