Foreign Exchange Risk Associated with Overseas Import Transactions
First written in FY2016. 7 of 17 entries say "Mitigated", first in FY2021. Latest entry: 2026-10-15.
Transaction moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 43 of 67 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- FY2026-H1RestatedAnnual report
「In production, the Group secured multiple production bases, flexibly switched production locations in response to foreign-exchange movements and raw material price fluctuations, and optimized logistics routes, seeking to achieve a stable supply and strengthen price competitiveness amid a persistently challenging external environment.」
To address foreign exchange fluctuations, the company continued to secure multiple production locations, flexibly switch production sites and optimize logistics routes. - FY2024-Q3WorsenedAnnual report
「The company continued various internal efforts during the fiscal year to minimize the impact of the yen's depreciation. However, because the increased burden caused by the yen's depreciation progressing far beyond expectations became unavoidable, it implemented its fourth product price increase, for orders received from January 2024.」
The yen's depreciation progressed far beyond expectations, and the increased burden associated with import transactions materialized as the fourth product price increase. - FY2024-Q2MitigatedAnnual report
「On the production side, we secured multiple production bases, sought to switch production locations flexibly in response to exchange-rate fluctuations and rising raw-material prices, and optimized logistics routes, working to achieve a continuous, stable supply and strengthen price competitiveness.」
The company continued to secure multiple production locations and flexibly switch production sites in response to foreign exchange fluctuations. - FY2024-Q1MitigatedAnnual report
「The Group secured multiple production bases, flexibly switched production locations in response to foreign-exchange movements and higher raw material prices, and optimized logistics routes, seeking to achieve a continued stable supply and strengthen price competitiveness.」
The company continued to secure multiple production locations and flexibly switch production sites in response to foreign exchange fluctuations. - FY2023-Q2WorsenedAnnual report
「Under these circumstances, the company raised prices for products under its core MARKLESS STYLE brand due to the increased burden caused by the yen's depreciation progressing far beyond expectations. It also raised printing and processing fees from January 2023 due to rising domestic manufacturing costs.」
The procurement burden from the yen's depreciation, which significantly exceeded expectations, continued, resulting in price increases for core brand products as well as increases in printing and processing fees. - FY2023-Q1WorsenedAnnual report
「Under these circumstances, the company raised prices for products under its core MARKLESS STYLE brand from October onward due to the increased burden caused by the yen's depreciation progressing far beyond expectations.」
The yen's depreciation progressed far beyond expectations, and the resulting increase in the procurement burden materialized as price increases for products under the core brand. - FY2022WorsenedAnnual report
「However, as the increased burden from the accelerating depreciation of the yen and higher raw material and transport costs exceeded the range that could be absorbed through the Group’s own efforts, the Group raised prices for products under its core “MARKLESS STYLE” brand by approximately 6% to 10% for deliveries from mid-April onward.」
The acceleration of the yen's depreciation materialized as a higher procurement burden, resulting in price increases of approximately 6% to 10%. - FY2022-Q3WorsenedAnnual report
「The terms of trade deteriorated sharply due to the acceleration of the yen's depreciation caused by global interest rate increases led by the United States and the impact of lockdowns in major Chinese cities, among other factors.」
The acceleration of the yen's depreciation due to global interest rate increases was identified as a new foreign exchange factor, leading to a sharp deterioration in the terms of trade and the implementation of price increases. - FY2022-Q2WorsenedAnnual report
「Deterioration in the terms of trade due to a weaker yen and higher raw material prices」
The yen's depreciation was explicitly identified as an actual economic condition, and concern was also raised about significant foreign exchange fluctuations. - FY2021MitigatedAnnual report
「We strengthened price competitiveness by flexibly switching production locations in response to foreign-exchange fluctuations and higher raw material costs.」
The disclosure states that the company responded to foreign exchange fluctuation risk by flexibly switching production locations. - FY2021-Q3RestatedAnnual report
「As described above, the Group conducts many import transactions with Asian countries, including China, primarily denominated in US dollars. Consequently, foreign exchange fluctuations may affect purchase prices.」
The disclosure continues to describe the foreign exchange fluctuation risk associated with US dollar-denominated import transactions and measures including forward exchange contracts. - FY2017RestatedAnnual report
「As described in ③ above, the Group conducts many import transactions with Asian countries, including China, primarily denominated in US dollars. Consequently, foreign exchange fluctuations may affect the cost of purchases. The Group has taken measures including forward exchange contracts to avoid this foreign exchange fluctuation risk, but significant exchange rate movements may affect the Group's results of operations and financial position.」
The Group continues to address the foreign exchange fluctuation risk associated with US dollar-denominated imports through forward exchange contracts. - FY2016First statedAnnual report
「The company conducts many import transactions with Asian countries, including China, primarily denominated in US dollars. Consequently, foreign exchange fluctuations may affect the cost of purchases.」
The disclosure describes the foreign exchange impact on purchase costs from US dollar-denominated imports and the use of forward exchange contracts as a mitigation measure.