Impact of Sharp Exchange-Rate Volatility on Procurement Costs
First written in FY2017. 6 of 9 entries say "Restated". Latest entry: FY2024-Q3.
Taka-Q 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: 33 of 59 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, Japan's economy moved toward normalization of socioeconomic activity as restrictions on various activities were eased and demand for going out increased. However, the outlook for the economy remains uncertain due to the prolonged instability in the international situation since February 2022, soaring raw material and energy costs, and inflation resulting from the continued trend toward yen depreciation.」
The Company reconfirms the uncertain economic environment, in which inflation resulting from the continued trend toward yen depreciation and soaring raw material and energy costs persist. - FY2024-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, Japan's economy moved toward normalization of socioeconomic activity as the impact of COVID-19 diminished, restrictions on various activities were eased and demand for going out increased. However, the outlook for the economy remains uncertain due to the prolonged instability in the international situation since February 2022, soaring raw material and energy costs, and inflation caused by sharp exchange-rate movements.」
The Company continues to describe the uncertain economic environment, including inflation caused by sharp exchange-rate movements, together with the prolonged international situation and soaring raw material and energy costs. - FY2024-Q1RestatedAnnual report
「The outlook for the economy remains uncertain due to the prolonged instability in the international situation since February 2022, soaring raw material and energy prices, and sharp exchange-rate movements.」
The Company continues to describe the deteriorating environment caused by sharp exchange-rate movements, together with the prolonged international situation and soaring raw material and energy costs. - FY2023WorsenedAnnual report
「During the fiscal year, Japan's economy showed signs of recovery in personal consumption as the impact of COVID-19 diminished, restrictions on activities were eased and demand for going out increased. However, the outlook for the economy remains uncertain due to soaring raw material prices and sharp exchange-rate movements triggered by the destabilization of the international situation since February 2022.」
Sharp exchange-rate movements, including yen depreciation, have become a specific feature of the economic environment during the fiscal year, together with soaring raw material prices. - FY2023-Q3RestatedAnnual report
「The outlook for the economy remains uncertain due to soaring resource prices and raw material prices and yen depreciation resulting from sharp exchange-rate movements, triggered by the destabilization of the international situation since February.」
The Company continues to describe the environment in which yen depreciation resulting from sharp exchange-rate movements may affect procurement costs and other expenses, as explained through the previous quarter. - FY2023-Q1WorsenedAnnual report
「Downside risks to the economy rose rapidly due to the yen's depreciation and soaring raw material prices, triggered by the destabilization of the international situation since February 2022.」
The possibility that sharp exchange-rate movements could affect procurement costs, as previously described, is identified explicitly as yen depreciation in the actual economic environment. - FY2020RestatedAnnual report
「The Company essentially has no foreign exchange gain or loss risk because it conducts indirect trade denominated in yen. However, sharp exchange-rate movements may affect the procurement cost of merchandise and consequently affect operating performance.」
While essentially noting no foreign exchange gain or loss risk due to indirect trade denominated in yen, the Company continues to identify the potential impact of sharp exchange-rate movements on procurement costs. - FY2018RestatedAnnual report
「The Company essentially has no foreign exchange gain or loss risk because it conducts indirect trade denominated in yen. However, sharp exchange-rate movements may affect the procurement cost of merchandise and consequently affect operating performance.」
While essentially noting no foreign exchange gain or loss risk due to indirect trade denominated in yen, the Company continues to identify the potential impact of sharp exchange-rate movements on procurement costs. - FY2017First statedAnnual report
「The Company essentially has no foreign exchange gain or loss risk because it conducts indirect trade denominated in yen. However, sharp exchange-rate movements may affect the procurement cost of merchandise and consequently affect operating performance.」
While essentially noting no foreign exchange gain or loss risk due to indirect trade denominated in yen, the Company describes the possibility that sharp exchange-rate movements may increase procurement costs.