Impact of Yen Appreciation and Foreign Exchange Movements on Earnings and Net Assets
First written in FY2017-Q1. 4 of 31 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 6 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Foreign exchange impact updatedAnnual report
「Of total assets: “Foreign currency translation adjustment” ¥11,355 million」
The foreign currency translation adjustment increased from ¥10,383 million in the previous period to ¥11,355 million, while translation adjustments related to cash and cash equivalents amounted to ¥2,372 million. - FY2026-H1Foreign exchange impact updatedAnnual report
「Total net assets at the end of the interim consolidated accounting period increased 0.5% from the end of the previous consolidated fiscal year to ¥157,283 million. This was mainly attributable to increases of ¥4,733 million in retained earnings and ¥2,766 million in valuation difference on available-for-sale securities, while treasury stock purchases reduced net assets by ¥4,742 million and the foreign currency translation adjustment decreased by ¥2,299 million.」
The foreign currency translation adjustment decreased by ¥2,299 million and was disclosed as a factor contributing to the change in net assets. - FY2025-H1Foreign exchange impact updatedAnnual report
「The foreign currency translation adjustment increased by ¥2,339 million」
The foreign currency translation adjustment increased by ¥2,339 million and was disclosed as a factor contributing to the increase in net assets. Other comprehensive income related to the foreign currency translation adjustment was ¥2,628 million in the interim consolidated statement of comprehensive income. - FY2024-Q3Foreign exchange impact updatedAnnual report
「Foreign exchange loss 236」
Foreign exchange loss for the nine-month period ended in the third quarter was disclosed at ¥236 million. The foreign currency translation adjustment increased by ¥3,091 million, reflecting the impact of foreign exchange movements in profit or loss and net assets. - FY2024-Q1Foreign exchange impact updatedAnnual report
「Foreign exchange loss 224」
A foreign exchange loss of ¥224 million was disclosed for the cumulative first quarter of the current consolidated fiscal year. The foreign currency translation adjustment account also increased by ¥1.237 billion, updating how the impact of foreign exchange was reflected in profit and loss and net assets. - FY2023Foreign exchange impact updatedAnnual report
「“Foreign currency translation adjustment account” included in total assets」
The foreign currency translation adjustment account increased from ¥2.017 billion in the previous period to ¥4.779 billion, and the translation difference related to cash and cash equivalents was ¥1.919 billion. The reflection of foreign exchange fluctuations in net assets and cash flow was updated. - FY2023-Q3Foreign exchange impact updatedAnnual report
「Although the outlook for the Japanese economy remained uncertain due to sharp foreign exchange fluctuations and soaring energy prices, signs of an economic recovery continued.」
Sharp foreign exchange fluctuations were identified as an external factor. A foreign exchange gain of ¥166 million was recorded for the cumulative third quarter of the current fiscal year, and the foreign currency translation adjustment account increased by ¥4.027 billion. - FY2023-Q2Foreign exchange impact updatedAnnual report
「Although the outlook for the Japanese economy remained uncertain due to the rapid depreciation of the yen and soaring energy prices, signs of an economic recovery continued.」
The rapid depreciation of the yen was identified as an external factor. The foreign currency translation adjustment account increased by ¥4.276 billion, and a foreign exchange gain of ¥31 million was also recorded. - FY2023-Q1WorsenedAnnual report
「Although the outlook for the Japanese economy remained uncertain, with the yen rapidly weakening against the U.S. dollar recently, signs of an economic recovery continued.」
In addition to the previously noted impact of foreign exchange fluctuations on financial figures, the external environment of a rapidly weakening yen against the U.S. dollar was explicitly identified. - FY2022Foreign exchange impact updatedAnnual report
「“Foreign currency translation adjustment account” included in total assets」
The foreign currency translation adjustment account increased from negative ¥237 million in the previous period to ¥2.017 billion, and the translation difference related to cash and cash equivalents was ¥1.737 billion. The reflection of foreign exchange impacts in profit and loss and net assets was updated. - FY2022-Q3Foreign exchange impact updatedAnnual report
「Foreign exchange gain 139」
A foreign exchange gain of ¥139 million was recorded for the cumulative third quarter of the current consolidated fiscal year. The foreign currency translation adjustment account also increased by ¥830 million, updating how the impact of foreign exchange was reflected in profit and loss and net assets. - FY2022-Q2Foreign exchange impact updatedAnnual report
「This was due mainly to a ¥1.057 billion increase in the foreign currency translation adjustment account and a ¥343 million decrease in retained earnings.」
The foreign currency translation adjustment account increased by ¥1.057 billion and was disclosed as a factor behind changes in net assets. A foreign exchange gain of ¥55 million was recorded during the cumulative second quarter of the current fiscal year. - FY2022-Q1Foreign exchange impact updatedAnnual report
「This was due mainly to an increase of ¥1.1 billion in the foreign currency translation adjustment account and decreases of ¥970 million in valuation difference on available-for-sale securities and ¥758 million in retained earnings.」
The foreign currency translation adjustment account increased by ¥1.1 billion and was disclosed as a factor behind changes in net assets. A foreign exchange gain of ¥56 million was also recorded during the cumulative first quarter of the current fiscal year. - FY2021Foreign exchange impact updatedAnnual report
「Because the financial statements of overseas consolidated subsidiaries are translated in preparing the consolidated financial statements, fluctuations in foreign exchange rates affect total assets, cash flow, completed construction revenue and ordinary profit. Fluctuations in the U.S. dollar, Thai baht, euro and Indian rupee had the largest impacts.」
The foreign currency translation adjustment account changed from ¥372 million to negative ¥237 million, and the translation difference related to cash and cash equivalents was negative ¥799 million. A foreign exchange loss of ¥330 million was disclosed. - FY2021-Q3Foreign exchange impact updatedAnnual report
「Foreign exchange loss 423」
A foreign exchange loss of ¥423 million was disclosed for the cumulative third quarter of the current consolidated fiscal year. The foreign currency translation adjustment account also decreased by ¥1.515 billion, and the impact of foreign exchange fluctuations continued to be reflected in profit and loss and net assets. - FY2021-Q2Foreign exchange impact updatedAnnual report
「This was due mainly to a ¥860 million decrease in the foreign currency translation adjustment account.」
The decrease in the foreign currency translation adjustment account was disclosed as a factor behind changes in net assets. The quarterly consolidated income statement recorded a foreign exchange loss of ¥101 million, updating the amount of the foreign exchange impact. - FY2021-Q1Foreign exchange impact updatedAnnual report
「This was due mainly to an increase of ¥1.463 billion in valuation difference on available-for-sale securities and decreases of ¥1.565 billion in the foreign currency translation adjustment account and ¥911 million in retained earnings.」
The ¥1.565 billion decrease in the foreign currency translation adjustment account was disclosed as a factor behind the decrease in net assets. In addition, the foreign exchange loss for the cumulative first quarter of the current fiscal year was ¥165 million, down from ¥234 million in the same period of the previous year. - FY2020Foreign exchange impact updatedAnnual report
「Because the financial statements of overseas consolidated subsidiaries are translated in preparing the consolidated financial statements, fluctuations in foreign exchange rates affect total assets, cash flow, completed construction revenue and ordinary profit. Fluctuations in the U.S. dollar, Thai baht, euro and Indian rupee had the largest impacts.」
The assets and results affected by foreign exchange fluctuations were reorganized as total assets, cash flow, completed construction revenue and ordinary profit. The foreign currency translation adjustment was ¥372 million, the foreign exchange loss was ¥385 million, and the translation difference related to cash and cash equivalents was negative ¥48 million. - FY2020-Q3Foreign exchange impact updatedAnnual report
「Foreign exchange loss 286」
A foreign exchange loss of ¥286 million was disclosed for the cumulative third quarter of the current consolidated fiscal year, up from ¥172 million in the same period of the previous year. The impact of foreign exchange fluctuations continued to be reflected in profit and loss. - FY2020-Q2Foreign exchange impact updatedAnnual report
「Foreign exchange loss 268」
A foreign exchange loss of ¥268 million was disclosed for the cumulative second quarter of the current consolidated fiscal year, up from ¥116 million in the same period of the previous year. The foreign currency translation adjustment account also decreased by ¥211 million. - FY2020-Q1Foreign exchange impact updatedAnnual report
「Foreign exchange loss 234」
A foreign exchange loss of ¥234 million was disclosed for the cumulative first quarter of the current consolidated fiscal year. The foreign currency translation adjustment account also increased by ¥322 million. - FY2019-Q3Foreign exchange impact updatedAnnual report
「Foreign exchange loss 172」
A foreign exchange loss of ¥172 million was disclosed for the cumulative third quarter of the current consolidated fiscal year, updating the amount from ¥246 million in the same period of the previous year. The foreign currency translation adjustment account also decreased by ¥461 million. - FY2019-Q2Foreign exchange impact updatedAnnual report
「This was due mainly to an increase of ¥1.137 billion in valuation difference on available-for-sale securities, decreases of ¥1.074 billion in the foreign currency translation adjustment account, ¥948 million in non-controlling interests and ¥794 million in retained earnings.」
The ¥1.074 billion decrease in the foreign currency translation adjustment account was disclosed as a factor behind the decrease in net assets. The quarterly consolidated income statement also recorded a foreign exchange loss of ¥116 million. - FY2019-Q1Foreign exchange impact updatedAnnual report
「This was due mainly to a ¥761 million decrease in the foreign currency translation adjustment account.」
The decrease in the foreign currency translation adjustment account continued to be quantified as a factor behind the decrease in net assets. Meanwhile, in the quarterly income statement, the foreign exchange loss of ¥156 million in the previous year changed to a foreign exchange gain of ¥2 million in the current period. - FY2018-Q3Foreign exchange gain/loss updatedAnnual report
「Foreign exchange loss 246」
A foreign exchange loss of ¥246 million was disclosed for the cumulative third quarter. The amount was updated from ¥334 million for the previous cumulative quarter, but the impact of foreign exchange fluctuations continued to be reflected in profit and loss. - FY2018-Q2Foreign exchange loss amount updatedAnnual report
「Foreign exchange loss 334」
A foreign exchange loss of ¥334 million was disclosed for the cumulative second quarter, and the impact of foreign exchange fluctuations continued to be quantified. - FY2018-Q1RestatedAnnual report
「Foreign-exchange losses」
A foreign exchange loss of ¥156 million was reported for the first quarter, and the impact of foreign exchange fluctuations continued to be quantified. - FY2017RestatedAnnual report
「The largest impacts were mainly from fluctuations in the U.S. dollar, Thai baht, Chinese yuan, euro and Indian rupee.」
The reiteration states that foreign exchange fluctuations affect completed construction revenue, ordinary profit, total assets and cash flow at overseas subsidiaries. The foreign currency translation adjustment account decreased by ¥1.179 billion during the period, resulting in a negative translation difference of ¥1.584 billion. - FY2017-Q3RestatedAnnual report
「As a result, total net assets at the end of the third quarter of the current consolidated fiscal year decreased 1.7% from the end of the previous consolidated fiscal year to ¥94.298 billion. This was due mainly to increases of ¥1.998 billion in retained earnings and ¥1.911 billion in valuation difference on available-for-sale securities, a decrease of ¥3.721 billion in the foreign currency translation adjustment account, and a ¥1.001 billion decrease in net assets due to the acquisition of treasury shares.」
The ¥3.721 billion decrease in the foreign currency translation adjustment account was identified as one factor behind the decrease in net assets, and the foreign exchange impact continued to be quantified. - FY2017-Q2RestatedAnnual report
「Although the yen’s appreciation trend continued, the Japanese economy generally remained on a gradual recovery path.」
The continuing trend toward yen appreciation was reiterated. During the quarter, the foreign currency translation adjustment account decreased by ¥3.625 billion, contributing to the decrease in net assets, so the impact has become apparent in the reported figures. - FY2017-Q1First statedAnnual report
「Although the appreciation of the yen slowed the improvement in corporate earnings in Japan,」
The slowdown in earnings improvement due to yen appreciation was noted, and the foreign currency translation adjustment account decreased by ¥1.376 billion during the quarter.