Foreign Exchange Risk on Foreign-Currency-Denominated Assets Associated with Overseas Investments
First written in FY2017. 2 of 5 entries say "Softened", first in FY2019. Latest entry: FY2025.
Japan Asia Investment moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「As of 31 March 2025, the Company estimated that if the yen had appreciated 5% against each currency, the balance-sheet value of operating investment securities would have decreased by ¥16 million, while a 5% depreciation would have increased it by ¥16 million.」
The sensitivity to a 5% fluctuation in the yen was ¥16 million, down from ¥90 million in FY2022. - FY2022WorsenedAnnual report
「As of 31 March 2022, the Company estimated that if the yen had appreciated 5% against each currency, the balance-sheet value of operating investment securities would have decreased by ¥90 million, while a 5% depreciation would have increased it by ¥90 million.」
The sensitivity to a 5% fluctuation in the yen was ¥90 million, up from the previous ¥85 million. The Company also stated that, in principle, it does not conduct hedging transactions such as forward exchange contracts. - FY2021SoftenedAnnual report
「As of 31 March 2021, the Company estimated that if the yen had appreciated 5% against each currency, the balance-sheet value of operating investment securities would have decreased by ¥85 million, while a 5% depreciation would have increased it by ¥85 million.」
The sensitivity to a 5% fluctuation in the yen was ¥85 million, down from the previous ¥144 million. - FY2019SoftenedAnnual report
「As of 31 March 2019, the Company estimated that if the yen had appreciated 5% against each currency, the balance-sheet value of operating investment securities would have decreased by ¥144 million, while a 5% depreciation would have increased it by ¥144 million.」
The sensitivity of operating investment securities to a 5% fluctuation in the yen was ¥144 million, down from the previously reported ¥171 million. - FY2017First statedAnnual report
「As of 31 March 2017, the Company estimated that if the yen had appreciated 5% against each currency, the balance-sheet value of operating investment securities would have decreased by ¥171 million, while a 5% depreciation would have increased it by ¥171 million.」
The foreign exchange risk associated with geographically diversified overseas investments was quantified as a ¥171 million sensitivity in operating investment securities for a 5% fluctuation in the yen.