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Ministop (9946) · RiskMitigated

Foreign-Currency Translation for Overseas Subsidiaries and Affiliates and Exchange-Rate Fluctuations

First written in FY2018. 8 of 11 entries say "Restated". Latest entry: FY2024.

11entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2020-Q3RestatedFY2021-Q2 – FY2022-Q32018: 220182019: 220192020: 320202021: 220212022: 120222023: 020232024: 12024
Same theme, other companies
Combined impact of foreign exchange fluctuations on profit or loss and net assetsA theme 141 companies write about · 120 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2019: 69 of 120 companies on the "Worse" side.

38 other companies' latest entry also says "Mitigated".

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 141 companies compared. The sentences above are computed from all 141.
Full recordFilings, disclosures and news, newest first
  1. FY2024MitigatedAnnual report

    「To prepare for these risks, the Group enters into derivative transactions, including forward exchange contracts, for foreign-currency-denominated liabilities to mitigate foreign exchange risk.」

    Mitigation measures using derivative transactions, including forward exchange contracts, were explicitly identified for the foreign currency translation and foreign exchange risk of overseas subsidiaries.
  2. FY2022-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to existing risks, including foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations.
  3. FY2022-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to existing risks, including foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations.
  4. FY2021-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to existing business and other risks, including foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations.
  5. FY2021-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to existing risks, including foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations.
  6. FY2021-Q1MaterialisedAnnual report

    「Operating revenue fell below the same period of the previous year due to the impact of the spread of COVID-19, the depreciation of the South Korean won, and a decline in the number of domestic stores.」

    The foreign currency translation and foreign exchange risk of overseas subsidiaries materialized in results as a decline in operating revenue due to the depreciation of the South Korean won.
  7. FY2020-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to existing risks, including foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations.
  8. FY2019RestatedAnnual report

    「Because the amounts in the foreign-currency financial statements of overseas subsidiaries and affiliates are translated into Japanese yen in the company's consolidated financial statements, those consolidated financial statements are affected by fluctuations in exchange rates between the Japanese yen and other currencies.」

    Foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations continue to be described as risks to consolidated results and financial position.
  9. FY2019-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    It is stated that there have been no material changes to existing risks, including foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations.
  10. FY2019-Q2RestatedAnnual report

    「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It is stated that there have been no material changes to existing risks, including foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations.
  11. FY2018First statedAnnual report

    「Because the amounts in the foreign-currency financial statements of overseas subsidiaries and affiliates are translated into Japanese yen in the company's consolidated financial statements, those consolidated financial statements are affected by fluctuations in exchange rates between the Japanese yen and other currencies.」

    Foreign currency translation of overseas subsidiaries and affiliates and foreign exchange fluctuations associated with overseas transactions were separately identified as risks to consolidated results and financial position.
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Foreign-Currency Translation for Overseas Subsidiaries and Affiliates and Exchange-Rate Fluctuations | MINISTOP CO.,LTD. (9946) | Komori