Foreign exchange risk associated with import transactions
First written in FY2016. 8 of 14 entries say "Restated". Latest entry: 2026-07-31.
Nakayamafuku moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 43 of 67 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- 2026-07-31RestatedEarnings
「Rising purchasing costs due to soaring raw material prices and the ongoing depreciation of the yen」
The Company continues to recognize the impact of yen depreciation on purchasing costs, but provides no new quantitative exposure data such as the import ratio. - FY2026WorsenedAnnual report
「Approximately 5% of the products sold by the Group are imported from Asia and EU member countries. With respect to settling payments for imported products, the Group's policy is to reduce foreign exchange risk to a certain extent through hedging transactions, but」
The import ratio has risen from approximately 4% previously to approximately 5%, indicating a numerical increase in exposure to foreign exchange risk. The hedging policy continues. - 2026-05-08RestatedEarnings
「The business environment surrounding the Group remains challenging.」
The Company continues to describe uncertainty in the external environment, including unstable international conditions and rising raw material, energy and consumer prices, but indicates no new changes to its foreign exchange hedging methods or other measures. - FY2025MitigatedAnnual report
「Approximately 4% of the products sold by the Group are imported from Asia and EU member countries. With respect to settling payments for imported products, the Group's policy is to reduce foreign exchange risk to a certain extent through hedging transactions, but」
The import ratio has declined from approximately 8% previously to approximately 4%, indicating a numerical decrease in exposure to foreign exchange risk. The hedging policy continues. - FY2024-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, Japan's economy was moving toward normalization of economic activity following the change in the legal classification of COVID-19. However, amid unstable international conditions, the economic outlook remained uncertain due to persistently high energy and resource prices and rising prices resulting from the continued trend of yen depreciation.」
The Group continues to describe the ongoing trend of yen depreciation, persistently high resource and energy prices, and economic uncertainty resulting from higher prices. - FY2024-Q2RestatedAnnual report
「Amid unstable international conditions, the economic outlook remains uncertain due to persistently high energy and resource prices and rising prices resulting from the continued trend of yen depreciation.」
The Group continues to describe the ongoing trend of yen depreciation, persistently high resource and energy prices, and uncertainty in the external environment resulting from higher prices. - FY2024-Q1RestatedAnnual report
「Amid unstable international conditions, the economic outlook remains uncertain due to persistently high energy and resource prices and rising prices resulting from the continued trend of yen depreciation.」
The Group continues to describe the ongoing trend of yen depreciation, persistently high resource and energy prices, and uncertainty in the external environment resulting from higher prices. No new changes in the import ratio or foreign exchange hedging method are indicated. - FY2023WorsenedAnnual report
「Approximately 8% of the products sold by the Group are imported from Asia and EU member countries. With respect to settling payments for imported products, the Group's policy is to reduce foreign exchange risk to a certain extent through hedging transactions, but」
The import ratio has risen from approximately 6% previously to approximately 8%, indicating a numerical increase in exposure to foreign exchange risk. The hedging policy continues. - FY2023-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, Japan's economy was moving toward normalization of economic activity as restrictions related to COVID-19 were eased. However, energy and resource prices soared due to the prolonged situation in Ukraine, while personal consumption showed weakness as prices rose following the yen's depreciation against the US dollar, and the economic outlook remained uncertain.」
The Group continues to describe higher prices and weaker personal consumption resulting from the yen's depreciation against the US dollar. No new material changes in foreign exchange risk from the previous quarter are indicated. - FY2023-Q1WorsenedAnnual report
「In addition to soaring energy and resource prices resulting from the situation in Russia and Ukraine, concerns arose over the effects of domestic price increases and a decline in personal consumption caused by the yen's depreciation against the US dollar, further increasing uncertainty about the economic outlook.」
The yen's depreciation against the US dollar is explicitly identified alongside higher resource prices and inflation, indicating greater exposure than before to foreign exchange and purchase-price risks associated with import transactions. - FY2020WorsenedAnnual report
「Approximately 6% of the products sold by the Group are imported from Asia and EU member countries. With respect to settling payments for imported products, the Group's policy is to reduce foreign exchange risk to a certain extent through hedging transactions, but」
The import ratio has risen from approximately 5% to approximately 6%, indicating a numerical increase in exposure to foreign exchange risk. The hedging policy continues. - FY2019RestatedAnnual report
「Approximately 5% of the products sold by the Group are imported from Asia and EU member countries. With respect to settling payments for imported products, the Group's policy is to reduce foreign exchange risk to a certain extent through hedging transactions, but」
The import ratio of approximately 5% and the policy of reducing foreign exchange risk through hedging transactions continue. - FY2018RestatedAnnual report
「Approximately 5% of the products sold by the Group are imported from Asia and EU member countries. With respect to settling payments for imported products, the Group's policy is to reduce foreign exchange risk to a certain extent through hedging transactions, but」
The import ratio of approximately 5% and the policy of reducing foreign exchange risk through hedging transactions continue. - FY2016First statedAnnual report
「Approximately 5% of the products sold by the Group are imported from Asia and EU member countries. With respect to settling payments for imported products, the Group's policy is to reduce foreign exchange risk to a certain extent through hedging transactions, but」
The Group also states that it will enter into forward exchange contracts within the scope of actual demand.