Foreign Exchange Risk Associated with Foreign-Currency Procurement
First written in FY2019. 5 of 10 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2026-H1.
Wakita & moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 42 of 66 companies on the "Worse" side.
20 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「At some Group companies, higher purchase prices for imported products due to the impact of the weaker yen caused profit to decline despite largely flat sales.」
Regarding foreign exchange risk associated with foreign-currency-denominated procurement, the weaker yen has continued to be reflected in higher purchase prices for imported products and lower profit. - FY2025-Q1MaterialisedAnnual report
「Although sales declined at some Group companies due to the downturn in overseas economic conditions and the sharp depreciation of the yen, purchasing appetite among domestic business partners was recovering, resulting in growth in both sales and profit for the sales division overall.」
Regarding foreign currency and exchange-rate risk, the sharp depreciation of the yen has actually been reflected in lower sales at some Group companies. Meanwhile, the recovery in purchasing appetite among domestic business partners resulted in higher sales and profit for the sales division overall. - FY2024-Q3MaterialisedAnnual report
「Although the sales division saw an increase in cost of sales due to higher purchase prices for imported products resulting from sharp exchange-rate movements,」
Regarding foreign exchange risk associated with foreign-currency-denominated procurement, sharp exchange-rate movements have continued to be reflected in higher purchase prices for imported products and increased cost of sales. - FY2024-Q2MaterialisedAnnual report
「Although the sales division saw an increase in cost of sales due to higher purchase prices for imported products resulting from the sharp depreciation of the yen,」
Regarding foreign exchange risk associated with foreign-currency-denominated procurement, the sharp depreciation of the yen has actually been reflected in higher purchase prices for imported products and increased cost of sales. - FY2023RestatedAnnual report
「Because the Group procures some products from overseas in foreign currencies, its results may be affected by exchange-rate movements. To minimize this impact, the Group hedges its risk using forward exchange contracts and other instruments. However, exchange-rate movements beyond its short-term and medium- to long-term forecasts may affect the Group's operating results, financial position and cash flows.」
The Company continued to disclose foreign exchange risk associated with foreign-currency-denominated procurement and hedging using forward exchange contracts and other instruments. - FY2023-Q3RestatedAnnual report
「Profit declined because the cost of sales increased as the purchase prices of imported products rose due to the depreciation of the yen.」
Regarding foreign exchange risk associated with foreign-currency-denominated procurement, the depreciation of the yen has continued to be reflected in higher purchase prices for imported products and lower profit. - FY2023-Q2MaterialisedAnnual report
「Profit declined because the cost of sales increased as the purchase prices of imported products rose amid a sharp depreciation of the yen.」
Regarding foreign exchange risk associated with foreign-currency-denominated procurement, the sharp depreciation of the yen has actually been reflected in higher purchase prices for imported products and lower profit. - FY2021RestatedAnnual report
「Because the Group procures some products from overseas in foreign currencies, its results may be affected by exchange-rate movements. To minimize this impact, the Group hedges its risk using forward exchange contracts and other instruments. However, exchange-rate movements beyond its short-term and medium- to long-term forecasts may affect the Group's operating results and financial position.」
The Company continued to disclose foreign exchange risk associated with foreign-currency-denominated procurement and hedging using forward exchange contracts and other instruments. - FY2020RestatedAnnual report
「Because the Group procures some products from overseas in foreign currencies, its results may be affected by exchange-rate movements. To minimize this impact, the Group hedges its risk using forward exchange contracts and other instruments. However, exchange-rate movements beyond its short-term and medium- to long-term forecasts may affect the Group's operating results and financial position.」
The Company continued to disclose foreign exchange risk associated with foreign-currency-denominated procurement and hedging using forward exchange contracts and other instruments. - FY2019First statedAnnual report
「Because the Group procures some products from overseas in foreign currencies, its results may be affected by exchange-rate movements. To minimize this impact, the Group hedges its risk using forward exchange contracts and other instruments. However, exchange-rate movements beyond its short-term and medium- to long-term forecasts may affect the Group's operating results and financial position.」
The Company newly disclosed foreign exchange risk associated with procuring foreign-currency-denominated products as a business risk.