Foreign Exchange and Political Instability Risks in Overseas Operations
First written in FY2016. 10 of 15 entries say "Restated". Latest entry: 2026-07-31.
The whole theme swung hardest in 2025: 72 of 117 companies on the "Worse" side.
- 2026-07-31MaterialisedEarnings
「Non-operating expenses increased 19.5% from the first quarter of the previous consolidated cumulative period to ¥12.3 billion, due mainly to an increase in foreign exchange losses and other factors. Quarterly ordinary expenses increased 12.4% to ¥256.3 billion.」
Foreign exchange losses related to the overseas business and other operations increased year on year and materialized as a factor driving higher expenses. - FY2026-H1MitigatedAnnual report
「Segment profit increased 379.6% from the previous interim consolidated accounting period to ¥60.3 billion, mainly due to an increase in equity-method investment gains from the transfer of an equity interest in the US thermal power generation business and the impact of foreign exchange losses turning into foreign exchange gains.」
Foreign exchange losses incurred in the previous fiscal year turned into foreign exchange gains and are cited as a factor behind the increase in profit from the overseas business. - FY2025-H1MaterialisedAnnual report
「Electricity sales volume from overseas operations decreased by 7.3% from the previous interim consolidated accounting period to 10.4 billion kWh, mainly due to a decline in electricity sales volume in Thailand. …Segment profit increased by 13.5% from the previous interim consolidated accounting period to ¥12.5 billion, despite an increase in foreign exchange losses, mainly due to an increase in equity-method investment profit.」
An increase in foreign exchange losses actually occurred in the overseas business and is cited as one factor behind the decline in profit. - FY2024RestatedAnnual report
「In addition to foreign exchange risk, overseas operations are exposed to risks arising from political instability and other factors in the countries concerned (country risk).」
It continues to describe the foreign exchange and country risks associated with overseas operations. - FY2024-Q3RestatedAnnual report
「There were no material changes in business or other risks during the cumulative third quarter of the current consolidated fiscal year.」
It states that there were no material changes in the risks relating to foreign exchange and political instability in overseas operations. - FY2024-Q1RestatedAnnual report
「There were no material changes in business or other risks during the cumulative first quarter of the current consolidated fiscal year.」
It states that there were no material changes in the risks relating to foreign exchange and political instability in overseas operations. - FY2023-Q1RestatedAnnual report
「There were no material changes in business or other risks during the cumulative first quarter of the current consolidated fiscal year.」
It states that there were no material changes in the risks relating to foreign exchange and political instability in overseas operations. - FY2022MaterialisedAnnual report
「Although the baht appreciated against the dollar during the previous consolidated fiscal year, the baht depreciated against the dollar during the current consolidated fiscal year, resulting in foreign exchange losses.」
Foreign exchange risk in overseas operations materialized as actual foreign exchange losses through the valuation of Gulf JP's dollar-denominated borrowings. - FY2022-Q3RestatedAnnual report
「There were no material changes in business or other risks during the cumulative third quarter of the current consolidated fiscal year.」
It states that there were no material changes in the risks relating to foreign exchange and political instability in overseas operations. - FY2022-Q1RestatedAnnual report
「There were no material changes in business or other risks during the cumulative first quarter of the current consolidated fiscal year.」
It states that there were no material changes in the risks relating to foreign exchange and political instability in overseas operations. - FY2021-Q1RestatedAnnual report
「There were no material changes in business or other risks during the cumulative first quarter of the current consolidated fiscal year.」
It states that there were no material changes in the risks relating to foreign exchange and political instability in overseas operations. - FY2020-Q3RestatedAnnual report
「There were no material changes in business or other risks during the cumulative third quarter of the current consolidated fiscal year.」
It states that there were no material changes in the business and other risks relating to foreign exchange and political instability in overseas operations. - FY2019RestatedAnnual report
「In addition to foreign exchange risk, overseas operations are exposed to risks arising from political instability and other factors in the countries concerned (country risk).」
It reconfirms the foreign exchange and country risks associated with the expansion of overseas operations. - FY2017RestatedAnnual report
「In addition to foreign exchange risk, overseas operations are exposed to risks arising from political instability and other factors in the countries concerned (country risk).」
It reconfirms the foreign exchange and country risks associated with the expansion of overseas operations. - FY2016First statedAnnual report
「In addition to foreign exchange risk, overseas operations are exposed to risks arising from political instability and other factors in the countries concerned (country risk).」
It explicitly identifies foreign exchange fluctuations associated with the expansion of overseas power generation operations and political instability in the countries in which it invests.