Exchange-Rate Fluctuations Related to Overseas Operations and Foreign-Currency Transactions
First written in FY2016. 6 of 10 entries say "Restated". Latest entry: FY2025.
Nanyo moved to the "Worse" side of this theme in 2022, 4 years after the typical company in this theme (2018).
The whole theme swung hardest in 2024: 14 of 31 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company uses forward foreign-exchange contracts to mitigate these risks.」
The disclosure reconfirms the foreign exchange volatility risk associated with the group's Asia-focused overseas operations and foreign-currency transactions, and the mitigation provided by forward exchange contracts. - FY2025-H1RestatedAnnual report
「The outlook remains uncertain because of continued soaring global resource and raw material prices, the ongoing depreciation of the yen, concerns over an economic downturn resulting from the slowdown in the global economy and heightened geopolitical risks associated with conflicts continuing in various parts of the world.」
The continued weakening trend of the yen is cited as an external factor, reconfirming the factors contributing to foreign exchange volatility risk associated with overseas operations and foreign-currency transactions. - FY2024-Q1RestatedAnnual report
「On the other hand, the outlook remained uncertain, with soaring global resource and raw material prices and the depreciation of the yen continuing,」
The disclosure states that the yen's weakening trend has continued, reconfirming the external factors behind foreign exchange volatility risk associated with overseas operations and foreign-currency transactions. - FY2023-Q3WorsenedAnnual report
「During the nine-month period under review, Japan's economy showed gradual signs of recovery as supply constraints eased, albeit partially, and economic activity normalised. However, conditions remained uncertain as COVID-19 infections again began to spread, while the prolonged invasion of Ukraine, rising resource prices and higher prices associated with the yen's rapid depreciation also weighed on the outlook.」
The rapid weakening of the yen and rising prices are cited as external factors, and the factors contributing to foreign exchange volatility risk associated with overseas operations and foreign-currency transactions continue to be present and have become more pronounced. - FY2023-Q2WorsenedAnnual report
「Sharp foreign exchange volatility triggered by US interest rate hikes」
The disclosure states that sharp foreign exchange volatility triggered by US interest rate hikes has occurred, making the foreign exchange risk associated with overseas operations and foreign-currency transactions more pronounced. - FY2023-Q1WorsenedAnnual report
「Japan's economy remained in an uncertain environment, with interest rates rising in Europe and the United States and the yen continuing to weaken.」
The continued weakening of the yen is cited as an external factor, and the factors contributing to foreign exchange volatility risk associated with overseas operations and foreign-currency transactions have intensified. - FY2019RestatedAnnual report
「The Company uses forward foreign-exchange contracts to mitigate these risks.」
The group continues to face foreign exchange volatility risk associated with its Asia-focused overseas operations and foreign-currency transactions, and continues to mitigate this risk through forward exchange contracts. - FY2018RestatedAnnual report
「The Company uses forward foreign-exchange contracts to mitigate these risks.」
The group continues to face foreign exchange volatility risk associated with its Asia-focused overseas operations and foreign-currency transactions, and continues to mitigate this risk through forward exchange contracts. - FY2017RestatedAnnual report
「The Company uses forward foreign-exchange contracts to mitigate these risks.」
The risk of foreign-exchange fluctuations associated with overseas operations centered in Asia and foreign-currency transactions, as well as mitigation through forward foreign-exchange contracts, is reaffirmed. - FY2016First statedAnnual report
「Foreign-exchange fluctuations between the yen and local currencies could materially affect the Company's financial position and operating results. In addition, some of the Company's import and export transactions are denominated in foreign currencies and are exposed to foreign-exchange risk. The Company uses forward foreign-exchange contracts to mitigate these risks.」
Forward foreign-exchange contracts are used as a risk-mitigation measure.