Foreign-Exchange Risk Associated with Imported Procurement
First written in FY2016. 3 of 5 entries say "Mitigated", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2022: 33 of 58 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In response, the Group visualizes its currency-by-currency funding positions across the Group, including current positions and future plans, and avoids significant imbalances through the use of forward foreign-exchange contracts and other measures.」
To address foreign-exchange risk associated with imports and other procurement, the Group continues to visualize funding positions by currency and use forward foreign-exchange contracts. - FY2025MitigatedAnnual report
「In response, the Group visualizes its currency-by-currency funding positions across the Group, including current positions and future plans, and avoids significant imbalances through the use of forward foreign-exchange contracts and other measures.」
The Group continues to address foreign-exchange risk by visualizing funding positions by currency and using forward foreign-exchange contracts. - FY2020MitigatedAnnual report
「In response, the Group visualizes its currency-by-currency funding positions across the Group, including current positions and future plans, and avoids significant imbalances through the use of forward foreign-exchange contracts and other measures.」
The Group explicitly identifies visualization of the Group-wide currency-by-currency funding position and the use of forward foreign-exchange contracts as measures against foreign-exchange risk. - FY2017MitigatedAnnual report
「The Group also conducts some derivatives transactions to mitigate this risk, but may thereby lose profits that it would otherwise have earned.」
The Group identifies derivatives transactions as a measure to mitigate foreign-exchange risk associated with imports and other procurement, while also indicating the possibility of lost profits. - FY2016First statedAnnual report
「The Group conducts business primarily in Japan but procures some raw materials and products through imports. Significant fluctuations in foreign-exchange rates may affect the Group’s performance.」
Because some raw materials and products are imported, the Group identifies foreign-exchange fluctuations as a performance risk.