Foreign Exchange Risk Associated with Overseas Affiliates
First written in FY2016. 29 of 30 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
Sms moved to the "Worse" side of this theme in 2017, 1 year before the typical company in this theme (2018).
The whole theme swung hardest in 2019: 69 of 120 companies on the "Worse" side.
22 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Other comprehensive income Foreign currency translation adjustment 209」
The foreign currency translation adjustment increased from ¥6,328 million at the end of the previous fiscal year to ¥6,536 million, reflecting the impact of exchange rate movements in net assets. A foreign exchange loss of ¥212 million was also recognized. - FY2026-H1MaterialisedAnnual report
「Net assets were ¥43,975 million, a decrease of ¥3,343 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease in shareholders’ equity resulting from the acquisition of treasury shares and a decrease in the foreign currency translation adjustment due to exchange rate movements, despite an increase in retained earnings resulting from the recognition of interim net income attributable to owners of the parent.」
Due to exchange rate movements, the foreign currency translation adjustment decreased from ¥6,328 million at the end of the previous fiscal year to ¥4,428 million, affecting net assets. - FY2025MaterialisedAnnual report
「Net assets were ¥47,319 million, an increase of ¥3,034 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in retained earnings resulting from the recognition of net income attributable to owners of the parent, despite a decrease in shareholders’ equity due to the acquisition of treasury shares, as well as an increase in the foreign currency translation adjustment due to exchange rate movements.」
The foreign currency translation adjustment increased from ¥3,607 million at the end of the previous fiscal year to ¥6,328 million, with the impact of exchange rate movements reflected in net assets for the full year. - FY2025-H1MaterialisedAnnual report
「Net assets were ¥45,525 million, an increase of ¥1,241 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in retained earnings resulting from the recognition of interim net income attributable to owners of the parent, despite a decrease in shareholders’ equity due to the acquisition of treasury shares, as well as an increase in the foreign currency translation adjustment due to exchange rate movements.」
The impact of exchange rate movements was reflected in net assets, and the foreign currency translation adjustment increased from ¥3,607 million at the end of the previous consolidated fiscal year to ¥6,862 million. - FY2024MaterialisedAnnual report
「Net assets were ¥44,284 million, an increase of ¥5,863 million from the end of the previous consolidated fiscal year. This was mainly because shareholders' equity decreased due to the acquisition of treasury shares, while retained earnings increased as net income attributable to owners of the parent was recorded, and the foreign currency translation adjustment account increased due to foreign exchange rate movements.」
The foreign currency translation adjustment increased from ¥1,917 million at the end of the previous fiscal year to ¥3,607 million, with the impact of exchange rate movements reflected in net assets for the full year. - FY2024-Q3MaterialisedAnnual report
「Foreign currency translation adjustment 1,917 4,838」
The foreign currency translation adjustment account increased from ¥1,917 million at the end of the previous consolidated fiscal year to ¥4,838 million at the end of the third quarter, showing that the impact of foreign exchange movements materialized in net assets. - FY2024-Q2MaterialisedAnnual report
「Net assets were ¥43,794 million, an increase of ¥5,373 million from the end of the previous consolidated fiscal year. This was mainly because retained earnings increased as quarterly net income attributable to owners of the parent was recorded and the foreign currency translation adjustment account increased due to foreign exchange rate movements.」
The increase in the foreign currency translation adjustment account due to foreign exchange rate movements appears as a factor behind the increase in net assets. The account increased from ¥1,917 million at the end of the previous consolidated fiscal year to ¥4,114 million. - FY2024-Q1MaterialisedAnnual report
「Foreign currency translation adjustment 1,917 2,056」
The foreign currency translation adjustment account increased from ¥1,917 million at the end of the previous consolidated fiscal year to ¥2,056 million at the end of the first quarter, showing that the impact of foreign exchange movements materialized in net assets. - FY2023MaterialisedAnnual report
「Net assets were ¥38,421 million, an increase of ¥8,430 million from the end of the previous consolidated fiscal year. This was mainly because retained earnings increased as net income attributable to owners of the parent was recorded and the foreign currency translation adjustment account increased due to foreign exchange rate movements.」
The increase in the foreign currency translation adjustment account due to foreign exchange rate movements appears as a factor behind the increase in net assets for the full year. - FY2023-Q3MaterialisedAnnual report
「Net assets were ¥38,581 million, an increase of ¥8,590 million from the end of the previous consolidated fiscal year. This was mainly because retained earnings increased as quarterly net income attributable to owners of the parent was recorded and the foreign currency translation adjustment account increased due to foreign exchange rate movements.」
The increase in the foreign currency translation adjustment account due to foreign exchange rate movements appears as a factor behind the increase in net assets at the end of the third quarter. The account changed from negative ¥1,052 million at the end of the previous consolidated fiscal year to ¥3,976 million. - FY2023-Q2MaterialisedAnnual report
「This was mainly because retained earnings increased as quarterly net income attributable to owners of the parent was recorded, and the foreign currency translation adjustment account increased due to foreign exchange rate movements.」
The increase in the foreign currency translation adjustment account due to foreign exchange rate movements appears as a factor behind the increase in net assets at the end of the second quarter. - FY2023-Q1MaterialisedAnnual report
「Foreign exchange gains － 11」
Foreign exchange gains of ¥11 million were recorded for the three-month period, showing that the impact of foreign exchange movements appeared in profit or loss. The foreign currency translation adjustment account also changed from negative ¥1,052 million at the end of the previous consolidated fiscal year to ¥290 million. - FY2022-Q3MaterialisedAnnual report
「Foreign exchange losses 56 51」
Foreign exchange losses for the nine-month period were ¥51 million, showing that the impact of foreign exchange movements at overseas affiliates continued to appear in profit or loss. The foreign currency translation adjustment account changed from negative ¥3,107 million at the end of the previous consolidated fiscal year to negative ¥1,618 million. - FY2022-Q1MaterialisedAnnual report
「Foreign exchange losses 20」
Foreign exchange losses of ¥20 million were recorded as non-operating expenses for the three-month period, showing that the impact of foreign exchange movements appeared in profit or loss. - FY2021MaterialisedAnnual report
「Foreign currency translation adjustment △ 3,107」
The foreign currency translation adjustment account changed from negative ¥2,149 million at the end of the previous consolidated fiscal year to negative ¥3,107 million, showing that the impact of foreign exchange movements at overseas affiliates appeared in net assets. - FY2021-Q3MaterialisedAnnual report
「Foreign exchange losses 56」
Foreign exchange losses of ¥56 million were recorded as non-operating expenses for the nine-month period, showing that the impact of foreign exchange movements appeared in profit or loss. The foreign currency translation adjustment account also changed from negative ¥2,149 million at the end of the previous consolidated fiscal year to negative ¥2,796 million. - FY2021-Q2MaterialisedAnnual report
「Foreign exchange losses 24」
Foreign exchange losses of ¥24 million were recorded as non-operating expenses for the six-month period. The foreign currency translation adjustment account also changed from negative ¥2,149 million at the end of the previous consolidated fiscal year to negative ¥2,526 million, showing that the impact of foreign exchange movements appeared in profit or loss and net assets. - FY2021-Q1MaterialisedAnnual report
「Foreign currency translation adjustment △ 2,319」
The foreign currency translation adjustment account changed from negative ¥2,149 million at the end of the previous consolidated fiscal year to negative ¥2,319 million, showing that the impact of foreign exchange movements appeared in net assets at the end of the first quarter. - FY2020MaterialisedAnnual report
「Foreign exchange losses 43」
Foreign exchange losses of ¥43 million were recorded as non-operating expenses for the fiscal year, showing that the impact of foreign exchange movements associated with overseas expansion appeared in full-year profit or loss. The foreign currency translation adjustment account was also negative ¥2,149 million at fiscal year-end. - FY2020-Q3MaterialisedAnnual report
「Foreign currency translation adjustment △632」
The foreign currency translation adjustment account was negative ¥632 million in other comprehensive income for the nine-month period, showing that the impact of foreign exchange movements materialized. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange losses 26」
Foreign exchange losses of ¥26 million were recorded as non-operating expenses for the six-month period. The foreign currency translation adjustment account also changed from negative ¥1,834 million at the end of the previous consolidated fiscal year to negative ¥2,470 million. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange losses 20」
Foreign exchange losses of ¥20 million were recorded as non-operating expenses for the three-month period, showing that the impact of foreign exchange movements appeared in profit or loss. - FY2019-Q3MaterialisedAnnual report
「Foreign exchange losses 35」
Foreign exchange losses of ¥35 million were recorded as non-operating expenses for the nine-month period, showing that the impact of foreign exchange movements associated with overseas expansion appeared in profit or loss. - FY2019-Q2MaterialisedAnnual report
「Foreign currency translation adjustment △ 1,423 △ 1,795」
The foreign currency translation adjustment account changed from negative ¥1,423 million at the end of the previous consolidated fiscal year to negative ¥1,795 million, showing that the impact of foreign exchange movements materialized in net assets for the second quarter. - FY2019-Q1MaterialisedAnnual report
「Net assets were ¥23,411 million, a decrease of ¥229 million from the end of the previous consolidated fiscal year. This was mainly because retained earnings increased as quarterly net income attributable to owners of the parent was recorded, while the foreign currency translation adjustment account and non-controlling interests decreased due to foreign currency translation.」
The decreases in the foreign currency translation adjustment account and non-controlling interests due to foreign currency translation appear as actual factors behind the decline in net assets for the first quarter. - FY2018MaterialisedAnnual report
「Net assets were ¥23,641 million, an increase of ¥2,058 million from the end of the previous consolidated fiscal year. This was mainly because retained earnings increased as net income attributable to owners of the parent was recorded, while the foreign currency translation adjustment account and non-controlling interests decreased due to foreign currency translation.」
The foreign currency translation adjustment account decreased from negative ¥838 million at the end of the previous fiscal year to negative ¥1,423 million, showing that the impact of foreign exchange movements materialized in full-year net assets. - FY2018-Q2MaterialisedAnnual report
「This was mainly because cash and deposits increased as the scale of operations expanded and accounts receivable increased as more businesses used the factoring service provided by Kaipoke, a management support service for nursing-care operators, while customer-related assets and trademark rights decreased due to foreign currency translation.」
The decrease in customer-related assets and trademark rights due to foreign currency translation is stated as a factor in the change in total assets for the second quarter. - FY2018-Q1MaterialisedAnnual report
「This was mainly because cash and deposits increased as the scale of operations expanded, while goodwill, customer-related assets and trademark rights decreased due to foreign currency translation.」
The decrease in goodwill, customer-related assets and trademark rights due to foreign currency translation appears in the explanation of the change in total assets for the quarter. The foreign currency translation adjustment account also decreased from negative ¥838 million at the end of the previous consolidated fiscal year to negative ¥1,326 million. - FY2017-Q3MaterialisedAnnual report
「This was mainly because cash and deposits increased as the scale of operations expanded, while goodwill, customer-related assets and trademark rights decreased due to foreign currency translation.」
The decrease in goodwill, customer-related assets and trademark rights due to foreign currency translation has materialized in the financial position. The consolidated quarterly statement of comprehensive income reports a ¥4,184.286 million decrease in the foreign currency translation adjustment account. - FY2016First statedAnnual report
「The results, assets and liabilities of our group's overseas affiliates are translated into Japanese yen for the preparation of the consolidated financial statements and are affected by foreign exchange movements arising from the exchange rates used for translation.」
The company states that unexpectedly sharp movements in foreign exchange rates could affect its performance and financial position.