Komori
Kitakei (9872) · RiskRestated

Foreign Exchange Risk in Import Transactions

First written in FY2016. 9 of 11 entries say "Restated". Latest entry: FY2023-Q2.

11entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2022-Q22017: 320172018: 320182019: 220192020: 020202021: 020212022: 220222023: 12023
Same theme, other companies
Rising import procurement costs due to yen depreciation and exchange-rate fluctuationsA theme 74 companies write about · 74 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 33 of 58 companies on the "Worse" side.

34 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 74 companies compared. The sentences above are computed from all 74.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q2RestatedAnnual report

    「Economic risks, including soaring resource prices and the resulting inflation caused by the prolonged Russian invasion of Ukraine and yen depreciation, among other factors, remain high」

    Foreign exchange fluctuations, including yen depreciation, continue to be described as an external-environment risk linked to soaring resource prices and rising inflation.
  2. FY2022-Q3WorsenedAnnual report

    「Housing prices have also risen as a result of cost increases caused by sharp foreign exchange fluctuations, among other factors,」

    The Company states that sharp foreign exchange fluctuations related to import transactions and other activities have resulted in higher costs and rising housing prices.
  3. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter period, there were no material changes in the occurrence of major risks that management recognizes could materially affect the company's financial position, operating results or cash flows, among the matters concerning the business and financial condition described in this quarterly securities report, or in the business and other risks described in the securities report for the previous fiscal year.」

    The Company continues to treat foreign exchange fluctuation risk in import transactions as involving no material changes.
  4. FY2019-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」

    The Company continues to treat foreign exchange fluctuation risk in import transactions as involving no new developments or material changes.
  5. FY2018RestatedAnnual report

    「The Company uses derivatives to hedge foreign exchange risk in import transactions and does not engage in speculative transactions.」

    The Company continues its policy of using derivatives solely to hedge foreign exchange risk in import transactions.
  6. FY2018-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The Company continues to treat foreign exchange fluctuation risk in import transactions as involving no new developments or material changes.
  7. FY2018-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」

    The Company continues to treat foreign exchange fluctuation risk in import transactions as involving no new developments or material changes.
  8. FY2017RestatedAnnual report

    「The Company uses derivatives to hedge foreign exchange risk in import transactions and does not engage in speculative transactions.」

    The Company continues its policy of using derivatives solely for hedging purposes, based on the foreign exchange risk associated with import transactions.
  9. FY2017-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The Company states that there have been no new developments or material changes regarding foreign exchange fluctuation risk in import transactions.
  10. FY2017-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」

    The Company states that there have been no new developments or material changes regarding foreign exchange fluctuation risk in import transactions.
  11. FY2016First statedAnnual report

    「The Company uses derivatives to hedge foreign exchange risk in import transactions and does not engage in speculative transactions.」

    Based on the existence of foreign exchange fluctuation risk associated with import transactions, the Company uses derivatives for hedging purposes rather than speculation.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Kitakei yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Foreign Exchange Risk in Import Transactions | KITAKEI CO.,LTD. (9872) | Komori