Foreign Exchange Risk Related to Imported Materials
First written in FY2016. 3 of 13 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2022: 33 of 59 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Update to euro-denominated settlement amountAnnual report
「When directly purchasing materials from Europe, the company settles in euros, at approximately €600,000 annually, and may be affected in its results by foreign exchange movements. The impact of foreign exchange movements on results during the period was relatively minor.」
The company updated the annual amount of euro-denominated payments for European materials to approximately €600,000 and explained that the impact of foreign exchange movements was relatively minor. - FY2021RestatedAnnual report
「When directly purchasing materials from Europe, the company settles in euros, exceeding €2 million annually, and may be affected in its results by foreign exchange movements. In response, it has implemented risk-hedging measures such as forward exchange contracts」
The company disclosed the foreign exchange risk associated with euro-denominated imports exceeding €2 million annually while shifting its main sourcing locations to Finland and elsewhere, together with hedging using forward exchange contracts. - FY2019RestatedAnnual report
「As the Group imports some of its principal housing materials from Finland and elsewhere, it is affected by foreign exchange movements.」
The company continues to disclose the foreign exchange risk associated with imported materials and its hedging policy using forward exchange contracts and other measures. - FY2019-Q3Disappearance of Foreign Exchange GainsAnnual report
「Foreign exchange gain 5,386 －」
The company recorded no foreign exchange gain in the cumulative consolidated period through the third quarter, compared with a foreign exchange gain of ¥5.386 million in the same period of the previous year. This does not state that foreign exchange exposure associated with imported materials has disappeared. - FY2019-Q2Increase in foreign-exchange gainsAnnual report
「Foreign exchange gain 3,772」
Foreign exchange gain for the cumulative period through the second quarter was ¥3.772 million, continuing the favorable shift from the ¥9.857 million foreign exchange loss recorded in the same period of the previous year. - FY2019-Q1Decrease in Foreign-Exchange GainsAnnual report
「Foreign exchange gain 740」
The company recorded a foreign exchange gain of ¥740 thousand in the first quarter, down from ¥2.424 million in the same period of the previous year. Foreign exchange exposure associated with imported materials remains. - FY2018MaterialisedAnnual report
「Foreign exchange loss 629」
In the current fiscal year, the company recorded a foreign exchange loss of ¥629 thousand, turning unfavorable from the ¥3.530 million foreign exchange gain recorded in the previous fiscal year. Foreign exchange exposure associated with imported materials remains. - FY2018-Q3Decrease in Foreign-Exchange GainsAnnual report
「Foreign-exchange gain 5,386」
Foreign exchange gain was ¥5.386 million, down from ¥5.929 million in the cumulative period through the previous quarter. This does not state that the foreign exchange exposure associated with imported materials itself has disappeared. - FY2018-Q2Increase in foreign-exchange gainsAnnual report
「Foreign-exchange gain 5,929」
The Group recognized a ¥5.929 million foreign-exchange gain during the cumulative second quarter of the fiscal year. The direction of the impact changed from the ¥9.857 million foreign-exchange loss recorded in the same period of the previous fiscal year. - FY2018-Q1Shift from Foreign Exchange Losses to GainsAnnual report
「Foreign-exchange gain 2,424」
The Group recognized a ¥2.424 million foreign-exchange gain during the quarter, reversing the direction of the impact from the foreign-exchange loss recorded in the same period of the previous fiscal year. The disclosure does not state that the foreign-exchange exposure associated with imported building materials has disappeared. - FY2017-Q2MaterialisedAnnual report
「Foreign-exchange loss 9,857」
The Group recognized a ¥9.857 million foreign-exchange loss during the cumulative second quarter of the fiscal year in connection with imported building materials and other items. - FY2017-Q1MaterialisedAnnual report
「Meanwhile, consolidated ordinary profit was ¥48 million, down 56.1% year on year, due to foreign-exchange losses resulting from yen appreciation,」
The foreign-exchange risk on imported building materials, which had been disclosed previously, materialized during the quarter as a ¥5.641 million foreign-exchange loss resulting from yen appreciation. - FY2016First statedAnnual report
「The Group imports key housing materials from Canada and Finland and is therefore affected by foreign-exchange fluctuations.」
The disclosure states that although the Group has implemented hedging measures such as forward foreign-exchange contracts, foreign-exchange fluctuations exceeding expectations could affect its business results and financial position.