Foreign Exchange Risk
First written in FY2016. 15 of 16 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「The company is taking steps, including entering into forward foreign exchange contracts, to minimize foreign exchange fluctuation risk. However, there is no guarantee that all such risk can be avoided, and sharp exchange rate fluctuations could affect the Group's operating results.」
The company reconfirmed its measures to address foreign exchange fluctuation risk through forward foreign exchange contracts and other instruments, while adding that sharp exchange rate fluctuations cannot be completely avoided. - FY2023RestatedAnnual report
「Foreign-currency-denominated operating receivables arising from export negotiations and other transactions are exposed to the risk of exchange rate fluctuations, but are generally hedged using forward foreign exchange contracts.」
The policy of addressing foreign exchange fluctuation risk on foreign-currency-denominated operating receivables and payables through forward foreign exchange contracts has been continued. - FY2023-Q2RestatedAnnual report
「Meanwhile, the outlook remained uncertain and continued to be less than optimistic amid surging resource and raw material prices and the rapid depreciation of the yen.」
The continued rapid depreciation of the yen was cited as a source of uncertainty in the economic environment. - FY2022RestatedAnnual report
「Foreign-currency-denominated operating receivables arising from export negotiations and other transactions are exposed to the risk of exchange rate fluctuations, but are generally hedged using forward foreign exchange contracts.」
The policy of addressing foreign exchange fluctuation risk on foreign-currency-denominated operating receivables and payables through forward foreign exchange contracts has been continued. - FY2020RestatedAnnual report
「Foreign-currency-denominated operating receivables and payables are exposed to the risk of exchange rate fluctuations, but are generally hedged using forward foreign exchange contracts.」
The policy of hedging foreign exchange fluctuation risk through forward foreign exchange contracts was reiterated. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2017-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no changes or newly arising matters concerning the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no changes or newly arising matters regarding foreign exchange fluctuation risk. - FY2016First statedAnnual report
「However, the impact of exchange rate fluctuations cannot be avoided during price negotiations, and extreme exchange rate fluctuations could affect the Group's operating results and financial condition.」
The company hedges settlement currencies through forward foreign exchange contracts and other instruments, stating that it has little apparent foreign exchange risk while acknowledging that the impact during price negotiations cannot be avoided.