Risk of declining demand due to changes in yen-denominated transactions and increases in local-currency prices
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Exports to South Korea, Taiwan and China are currently conducted almost entirely in yen-denominated transactions, so the performance of our group is not directly affected by exchange-rate fluctuations. However, our performance could be affected through lower demand resulting from higher prices for our products in local-currency terms.」
While yen-denominated transactions limit the direct impact of exchange-rate fluctuations, the risks of lower demand resulting from higher prices in local-currency terms and a future change in the transaction currency remain. - FY2025RestatedAnnual report
「Exports to South Korea, Taiwan and China are currently conducted almost entirely in yen-denominated transactions, so the performance of our group is not directly affected by exchange-rate fluctuations. However, our performance could be affected through lower demand resulting from higher prices for our products in local-currency terms. There is also no guarantee that yen-denominated transactions will continue in the future.」
While yen-denominated transactions limit the direct impact of exchange-rate fluctuations, the risks of lower demand resulting from higher prices in local-currency terms and a future change in the transaction currency remain. - FY2023First statedAnnual report
「Exports to South Korea, Taiwan and China are currently conducted almost entirely in yen-denominated transactions, so the performance of our group is not directly affected by exchange-rate fluctuations. However, our performance could be affected through lower demand resulting from higher prices for our products in local-currency terms. There is also no guarantee that yen-denominated transactions will continue in the future.」
While explaining that current yen-denominated transactions limit the direct impact of exchange rates, this disclosure identifies lower demand resulting from higher prices in local-currency terms and the possibility of changing the transaction currency in the future as new risks.