Foreign Exchange Fluctuations Associated with the Expansion of Overseas Transactions and Business
First written in FY2016. 6 of 13 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2026-H1.
Nepon moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 9 of 20 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「Gross profit decreased by ¥29 million year on year due to higher costs for imported products resulting from yen depreciation, although」
The risk of foreign exchange fluctuations associated with overseas transactions and other activities became a factor reducing gross profit for the six months ended the interim period by ¥29 million year on year through higher imported product costs resulting from yen depreciation. - FY2025RestatedAnnual report
「Expanding overseas transactions may cause foreign exchange fluctuations to affect business performance.」
The company continues to address the risk of foreign exchange fluctuations associated with expanded overseas transactions and its hedging policy if such fluctuations become material. - FY2025-H1MaterialisedAnnual report
「Gross profit decreased by ¥204 million year on year due to higher costs for imported products resulting from yen depreciation, in addition to the decline in net sales,」
The risk of foreign exchange fluctuations associated with overseas transactions and other activities actually affected profit and loss through higher imported product costs resulting from yen depreciation, causing gross profit to decrease by ¥204 million year on year. - FY2024-Q3MaterialisedAnnual report
「Gross profit increased by only ¥6 million year on year due to higher purchase prices for imported raw materials resulting from yen depreciation,」
The risk of foreign exchange fluctuations affected profit and loss through higher purchase prices for imported raw materials resulting from yen depreciation, limiting the increase in gross profit despite higher net sales. - FY2024-Q2MaterialisedAnnual report
「During the six months ended the second quarter, the Japanese economy showed signs of recovery as corporate activity became more active following the reclassification of COVID-19 as a Class 5 infectious disease, but the outlook remained uncertain due to soaring resource prices, foreign exchange trends and geopolitical risks.」
Foreign exchange trends continue to be cited as a risk factor in the operating environment, while rising import product costs due to yen depreciation are identified as an actual profit-and-loss factor. - FY2023RestatedAnnual report
「Expanding overseas transactions may cause foreign exchange fluctuations to affect business performance. If overseas transactions expand and become material in value, we will adopt hedging measures such as forward foreign exchange contracts.」
The company continues to address the risk of foreign exchange fluctuations associated with expanded overseas transactions and its hedging policy, including forward foreign exchange contracts, if such fluctuations become material. - FY2023-Q3WorsenedAnnual report
「Foreign exchange losses 6,569 9,167」
Foreign exchange losses increased from ¥6.569 million in the same period of the previous year to ¥9.167 million. The impact of foreign exchange fluctuations associated with overseas transactions and other activities continued to appear as a non-operating expense during the nine months ended the third quarter. - FY2022-Q3MaterialisedAnnual report
「Ordinary income was ¥158 million, down 3.0% year on year, due to the recording of a foreign exchange loss.」
The impact of foreign exchange fluctuations associated with overseas transactions and other activities appeared as a foreign exchange loss in ordinary income for the nine months ended the third quarter, resulting in a 3.0% year-on-year decline in ordinary income. - FY2022-Q2MaterialisedAnnual report
「Foreign exchange losses 1,915 10,704」
In connection with the risk of foreign exchange fluctuations associated with expanded overseas transactions, the company recorded a ¥10.704 million foreign exchange loss as a non-operating expense during the six months ended the second quarter. - FY2020MitigatedAnnual report
「If overseas transactions expand and become material in value, we will adopt hedging measures such as forward foreign exchange contracts.」
The company added a hedging policy involving forward foreign exchange contracts and similar instruments if foreign exchange fluctuations associated with expanded overseas transactions become material. - FY2018RestatedAnnual report
「Expanding overseas transactions may cause foreign exchange fluctuations to affect business performance.」
The company continues to disclose the risk of foreign exchange fluctuations associated with the expansion of overseas transactions. - FY2017RestatedAnnual report
「Expanding overseas transactions may cause foreign exchange fluctuations to affect business performance.」
The company continues to disclose the risk of foreign exchange fluctuations associated with the expansion of overseas transactions. - FY2016First statedAnnual report
「Expanding overseas transactions may cause foreign exchange fluctuations to affect business performance.」
The company discloses overseas transaction expansion and foreign exchange fluctuations as linked risks.