Risk of changes in the value of long-term deposits due to exchange rate fluctuations
First written in FY2017. 4 of 13 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The principal of the long-term deposits is denominated in yen, and the deposits are highly secure because the full principal amount is paid at maturity. The Board of Directors determines the investment limit for these deposits, and the accounting department executes and manages the investments within that limit. The company does not invest in long-term deposits that carry a risk of principal loss.」
The company continues to describe the safety of yen-denominated principal, the investment limit determined by the Board of Directors, and management by the accounting department. - FY2025RestatedAnnual report
「The principal of the long-term deposits is denominated in yen, and the deposits are highly secure because the full principal amount is paid at maturity. The Board of Directors determines the investment limit for these deposits, and the accounting department executes and manages the investments within that limit. The company does not invest in long-term deposits that carry a risk of principal loss.」
The company continues to describe the safety of yen-denominated principal, the investment limit determined by the Board of Directors, and management by the accounting department. The balance of long-term deposits is ¥4,000 million. - FY2024RestatedAnnual report
「The principal of the long-term deposits is denominated in yen, and the deposits are highly secure because the full principal amount is paid at maturity. The Board of Directors determines the investment limit for these deposits, and the accounting department executes and manages the investments within that limit. The company does not invest in long-term deposits that carry a risk of principal loss.」
The company continues to describe the safety of yen-denominated principal, the investment limit determined by the Board of Directors, and management by the accounting department. - FY2023RestatedAnnual report
「The principal of the long-term deposits is denominated in yen, and the deposits are highly secure because the full principal amount is paid at maturity. The Board of Directors determines the investment limit for these deposits, and the accounting department executes and manages the investments within that limit. The company does not invest in long-term deposits that carry a risk of principal loss.」
The company continues to describe the safety of yen-denominated principal, the investment limit determined by the Board of Directors, and management by the accounting department. - FY2022ReframedAnnual report
「The principal of the long-term deposits is denominated in yen, and the deposits are highly secure because the full principal amount is paid at maturity. The Board of Directors determines the investment limit for these deposits, and the accounting department executes and manages the investments within that limit. The company does not invest in long-term deposits that carry a risk of principal loss.」
The explanation has changed from the previous description of exchange-rate-linked risk to one focused on the safety of yen-denominated principal, the investment limit determined by the Board of Directors, and management by the accounting department. - FY2022-Q1Updated long-term deposit balanceAnnual report
「Long-term deposits 4,000 4,000」
The balance of long-term deposits was ¥4,000 million both at the end of the previous consolidated fiscal year and at the end of the first quarter of the current fiscal year, remaining unchanged. - FY2021-Q3Updated long-term deposit balanceAnnual report
「Long-term deposits 4,000 4,000」
The balance of long-term deposits was ¥4,000 million at the end of the third quarter of the current fiscal year, unchanged from the end of the previous consolidated fiscal year. - FY2021-Q2Updated long-term deposit balanceAnnual report
「The main factors were an increase of ¥1,125 million in cash and deposits following the maturity of ¥500 million in long-term deposits, an increase of ¥310 million in investment securities from fair value measurement, and an increase of ¥65 million in raw materials and supplies. These were partly offset by decreases of ¥828 million in notes and accounts receivable due to lower revenue, ¥120 million in merchandise and finished goods, and ¥125 million in other current assets, as well as a ¥500 million decrease in long-term deposits due to their transfer to current assets.」
The balance of long-term deposits decreased from ¥4,000 million to ¥3,500 million due to the maturity of ¥500 million in deposits and their transfer to current assets. - FY2019-Q2Increase in long-term depositsAnnual report
「Long-term deposits 2,000 4,000」
The balance of long-term deposits increased from ¥2,000 million at the end of the previous consolidated fiscal year to ¥4,000 million at the end of the second quarter of the current fiscal year. No change in the explanation of foreign exchange risk arising from exchange-rate-linked cancellation and interest-rate determination was disclosed. - FY2018Increase in long-term depositsAnnual report
「Long-term deposits increased by ¥500 million」
The balance of long-term deposits increased from ¥1,500 million to ¥2,000 million. The company continues to disclose the foreign exchange risk arising from exchange-rate-linked cancellation and interest-rate determination, as well as the management method under which the Board of Directors determines the investment limit. - FY2018-Q2Increase in long-term depositsAnnual report
「The main factors were a ¥500 million increase in securities due to the investment of surplus funds, a ¥428 million increase in investment securities, and a ¥500 million increase in long-term deposits.」
Long-term deposits increased by ¥500 million through the investment of surplus funds, bringing the balance to ¥2,000 million. There was no change in the explanation of foreign exchange risk. - FY2018-Q1Increase in long-term depositsAnnual report
「The main factors were a ¥444 million increase in investment securities following the acquisition of securities, a ¥500 million increase in long-term deposits for the investment of surplus funds, a ¥603 million decrease in cash and deposits used to fund those acquisitions, and a ¥242 million decrease in notes and accounts receivable as collections were made.」
Long-term deposits increased by ¥500 million for the investment of surplus funds, bringing the balance from ¥1,500 million to ¥2,000 million. No change in the explanation of foreign exchange risk was disclosed. - FY2017First statedAnnual report
「The principal of the long-term deposits is denominated in yen, and the deposits are highly secure because the full principal amount is paid at maturity. However, they include a provision for automatic cancellation if the exchange rate reaches a specified level of US dollar strength against the yen. In addition, because the deposit interest rate is determined in line with the exchange rate, the deposits are exposed to foreign exchange risk.」
The disclosure describes the foreign exchange risk associated with ¥1,500 million in long-term deposits, arising from exchange-rate-linked cancellation and interest-rate determination.