Foreign Exchange Risk Associated with Import Purchases
First written in FY2018. 2 of 4 entries say "Worsened", first in FY2024. Latest entry: FY2025-H1.
Ichinen Holdings moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 42 of 66 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2025-H1WorsenedAnnual report
「In terms of profit and loss, profit decreased due to the impact of higher selling, general and administrative expenses associated with increased operating activity, in addition to the impact of sharp foreign exchange fluctuations.」
In the machinery and tools sales business, sharp foreign exchange fluctuations actually emerged as a factor reducing profit. - FY2024WorsenedAnnual report
「The Group's chemicals business, machinery and tools sales business and agriculture-related business include import transactions denominated in foreign currencies.」
Explicitly identifies foreign-currency-denominated imports in the agriculture-related business, in addition to the chemicals business and machinery and tools sales business, as subject to foreign exchange risk. - FY2019RestatedAnnual report
「The Group's chemicals business and machinery and tools sales business include import transactions denominated in foreign currencies.」
Reiterates the foreign exchange risk associated with imported purchases and hedging through forward exchange contracts and other measures. - FY2018First statedAnnual report
「The Group's chemicals business and machinery and tools sales business include import transactions denominated in foreign currencies.」
Describes foreign exchange risk associated with foreign-currency-denominated imports in the chemicals business and machinery and tools sales business, together with hedging through forward exchange contracts.