Foreign Exchange Risk from Foreign-Currency Transactions
First written in FY2019. 4 of 7 entries say "Restated". Latest entry: FY2026.
O-Well moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).
The whole theme swung hardest in 2024: 14 of 32 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Non-operating expenses were ¥148 million, up 54.2% year on year, mainly due to an increase in foreign exchange losses and other expenses.」
Foreign exchange risk associated with foreign-currency-denominated transactions materialized in actual earnings as an increase in non-operating expenses, including ¥60 million in foreign exchange losses and other expenses. - FY2022RestatedAnnual report
「For foreign-currency-denominated transactions conducted in Japan and overseas, we seek to mitigate foreign exchange risk mainly through hedging transactions such as forward exchange contracts. However, depending on the magnitude of exchange rate fluctuations, this risk may affect the financial position and operating results of our Group.」
The company reaffirmed the foreign exchange risk associated with foreign-currency-denominated transactions and its policy of hedging through forward exchange contracts and other measures. - FY2021RestatedAnnual report
「For foreign-currency-denominated transactions arising in Japan and overseas, we work to mitigate foreign exchange risk mainly through hedging transactions such as forward exchange contracts.」
The company reaffirmed the foreign exchange risk associated with foreign-currency-denominated transactions and its policy of hedging through forward exchange contracts and other measures. - FY2020RestatedAnnual report
「Transactions involving Hall ICs in our group’s electrical and electronic components business are exposed to foreign exchange risk in foreign-currency-denominated transactions. For foreign-currency-denominated transactions arising in Japan and overseas, we work to mitigate foreign exchange risk mainly through hedging transactions such as forward exchange contracts.」
The company reaffirmed the foreign exchange risk associated with foreign-currency-denominated Hall IC transactions and its policy of hedging through forward exchange contracts and other measures. - FY2020-Q3RestatedAnnual report
「In addition, profit declined as a result of lower orders for the company’s main product, Hall ICs, for the Chinese market and trends in foreign exchange rates in foreign-currency-denominated transactions, namely a stronger yen and weaker euro.」
The company continues to report an actual decline in profit due to the stronger yen and weaker euro as an impact of foreign exchange risk associated with foreign-currency-denominated transactions. - FY2020-Q2MaterialisedAnnual report
「Profit declined as a result of lower orders for the company’s main product, Hall ICs, for the Chinese market and trends in foreign exchange rates in foreign-currency-denominated transactions, namely a stronger yen and weaker euro.」
Regarding the previously recognized foreign exchange risk in foreign-currency-denominated transactions, the company stated that profit declined due to the stronger yen and weaker euro. - FY2019First statedAnnual report
「Transactions involving Hall ICs in the electrical and electronic components business are exposed to foreign exchange risk in foreign-currency-denominated transactions.」
The company recognized foreign exchange risk in foreign-currency-denominated Hall IC transactions and stated that it hedges the risk through forward exchange contracts and other measures.