Foreign Exchange Losses Caused by Rapid Yen Appreciation
First written in FY2017-Q1. 11 of 33 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Linical moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
22 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Foreign exchange gains 39,798 - Foreign exchange losses - 42,972」
Foreign exchange gains of ¥39.798 million in the previous fiscal year turned into foreign exchange losses of ¥42.972 million in the current fiscal year, contributing to ordinary loss. - FY2026-H1MaterialisedAnnual report
「Ordinary loss was ¥543 million due to the occurrence of foreign exchange losses and other factors (ordinary loss of ¥239 million in the same period of the previous year).」
Foreign exchange losses of ¥68.565 million were recorded during the interim consolidated accounting period under review, up from ¥64.989 million in the same period of the previous year. Foreign exchange losses continue to contribute to ordinary loss. - FY2025-H1MaterialisedAnnual report
「Ordinary loss was ¥239 million due to the recognition of foreign exchange losses (ordinary profit of ¥483 million in the same period of the previous year).」
Foreign exchange gains in the same period of the previous year turned into foreign exchange losses of ¥64.989 million during the interim consolidated accounting period under review, contributing to ordinary loss. - FY2024Foreign exchange gains due to the yen's depreciation continued but decreasedAnnual report
「Foreign exchange gains of ¥42.095 million were recorded as non-operating income.」
Foreign exchange gains due to the yen's depreciation and other factors continued, but decreased from ¥55.723 million in the previous fiscal year to ¥42.095 million. - FY2024-Q2Foreign exchange gains due to the yen's depreciation continued but decreasedAnnual report
「Ordinary profit was ¥483 million, as foreign exchange gains of ¥69 million and other gains were incurred on foreign currency deposits and other items, but the amount was below that recorded in the previous fiscal year (down 21.3% year on year).」
Foreign exchange gains due to the yen's depreciation amounted to ¥69 million, below ¥265 million in the same period of the previous year, reducing the contribution of foreign exchange gains to profit. - FY2024-Q1Foreign exchange gains due to the yen's depreciation continued and increased slightlyAnnual report
「Ordinary profit was ¥168 million, as foreign exchange gains of ¥58 million and other gains were incurred on foreign currency deposits and other items (up 87.5% year on year).」
Foreign exchange gains of ¥58 million were generated on foreign currency deposits and other items due to the yen's depreciation. Although this was down from ¥124 million in the same period of the previous year, foreign exchange gains continued. - FY2023-Q3Foreign exchange gains due to the yen's depreciation continued and increasedAnnual report
「Ordinary profit was ¥768 million, as foreign exchange gains of ¥57 million and other gains were incurred on foreign currency deposits and other items (down 9.2% year on year).」
Foreign exchange gains of ¥57 million were generated on foreign currency deposits and other items as a result of the yen's depreciation, with gains rather than losses continuing. - FY2023-Q2Increase in foreign exchange gains from the weaker yenAnnual report
「Ordinary profit was ¥614 million, as foreign exchange gains of ¥265 million and other gains were incurred on foreign currency deposits and other items (up 23.9% year on year).」
Foreign exchange losses in the same period of the previous year turned into foreign exchange gains of ¥265 million due to the yen's depreciation during the six months ended 30 September, boosting ordinary profit. - FY2023-Q1Foreign-exchange gains from yen depreciationAnnual report
「On the other hand, ordinary profit was ¥89 million, as foreign exchange gains of ¥124 million and other gains were incurred on foreign currency deposits and other items (down 36.0% year on year).」
Foreign exchange losses due to the yen's appreciation in the same period of the previous year turned into foreign exchange gains of ¥124 million in the first quarter under review as a result of the yen's depreciation. - FY2022-Q3MitigatedAnnual report
「Operating profit and ordinary profit recovered to the profit levels recorded in the third quarter of the fiscal year ended March 2020, immediately before the COVID-19 pandemic. Operating profit was ¥836 million, up 302.9% year on year, while ordinary profit was ¥846 million, up 683.8% year on year, as foreign exchange gains of ¥24 million and other gains were incurred on foreign currency deposits and other items.」
Rather than foreign exchange losses due to the yen's appreciation, foreign exchange gains of ¥24 million were generated on foreign currency deposits and other items during the cumulative period under review. The impact of foreign exchange movements remains, but it contributed to ordinary profit as a gain during the period. - FY2022-Q2MitigatedAnnual report
「Foreign exchange losses 53,706 1,789」
Foreign exchange losses for the six months ended 30 September were ¥1.789 million, a substantial decrease from ¥53.706 million in the same period of the previous year. Although foreign exchange losses remain, their impact on ordinary profit has diminished. - FY2022-Q1MitigatedAnnual report
「Foreign exchange losses 12,818 10,356」
Foreign exchange losses in the first quarter were ¥10.356 million, down from ¥12.818 million in the same period of the previous year. Foreign exchange losses due to the yen's appreciation continue to be incurred, but their impact decreased from the same period of the previous year. - FY2021MitigatedAnnual report
「Foreign exchange gains 14,778」
Foreign exchange losses of ¥48.805 million due to the yen's appreciation in the previous fiscal year turned into foreign exchange gains of ¥14.778 million in the current fiscal year. Although foreign exchange fluctuation risk remains, its impact on ordinary profit changed from a loss to a gain in the current fiscal year. - FY2021-Q3WorsenedAnnual report
「Ordinary profit was ¥107 million, as foreign exchange losses of ¥129 million and other losses were incurred on foreign currency deposits and other items due to the yen's appreciation (down 86.1% year on year).」
Foreign exchange losses due to the yen's appreciation were ¥129 million, up from ¥62 million in the same period of the previous year, weighing on ordinary profit. - FY2021-Q2MitigatedAnnual report
「Ordinary profit was ¥138 million, as foreign exchange losses were incurred on foreign currency deposits and other items due to the yen's appreciation (down 71.5% year on year).」
Foreign exchange losses due to the yen's appreciation continue to be incurred, but foreign exchange losses for the six months ended 30 September were ¥53.706 million, down from ¥63.241 million in the same period of the previous year. - FY2021-Q1MitigatedAnnual report
「Ordinary loss was ¥158 million, as foreign exchange losses were incurred on foreign currency deposits and other items due to the yen's appreciation (ordinary profit of ¥48 million in the same period of the previous year).」
Foreign exchange losses due to the yen's appreciation continued to be incurred, but declined to ¥12.818 million from ¥71.401 million in the same period of the previous year. Although the risk continues to materialize, its impact has decreased year on year. - FY2020MaterialisedAnnual report
「Ordinary profit was ¥918 million, down 26.7% year on year, as the current fiscal year saw a ¥48 million foreign exchange loss and other factors on foreign currency deposits and other assets due to the stronger yen, compared with a ¥67 million foreign exchange gain due to the weaker yen in the previous fiscal year.」
The result reversed from the foreign exchange gain caused by the weaker yen in the previous fiscal year, with the current fiscal year seeing a ¥48 million foreign exchange loss due to the stronger yen that reduced ordinary profit. - FY2020-Q3MaterialisedAnnual report
「Ordinary profit was ¥776 million, down 23.8% year on year, as the current period saw a ¥62 million foreign exchange loss and other factors on foreign currency deposits and other assets due to the stronger yen, compared with a ¥45 million foreign exchange gain due to the weaker yen in the same quarter of the previous year.」
A ¥62 million foreign exchange loss arose due to the stronger yen, reducing ordinary profit. - FY2020-Q2MaterialisedAnnual report
「Ordinary profit was ¥484 million, down 35.2%, as the current period saw a ¥63 million foreign exchange loss and other factors on foreign currency deposits and other assets due to the stronger yen, compared with a ¥116 million foreign exchange gain due to the weaker yen in the same quarter of the previous year.」
As in the previous quarter, a foreign exchange loss arose on foreign currency deposits and other assets due to the stronger yen. The foreign exchange loss for the six-month period was ¥63 million, reducing ordinary profit. - FY2020-Q1MaterialisedAnnual report
「Ordinary profit was ¥48 million, down 67.5%, as a sharp appreciation of the yen resulted in a ¥71 million foreign exchange loss on foreign currency deposits and other assets.」
The result reversed from the foreign exchange gain caused by the weaker yen in the previous fiscal year, with the stronger yen resulting in an actual ¥71 million foreign exchange loss that reduced ordinary profit. - FY2019Foreign exchange gain from the weaker yen recorded for the full yearAnnual report
「A ¥67.183 million foreign exchange gain was recognised as non-operating income.」
The result shifted from a ¥7.424 million foreign exchange loss in the previous fiscal year to a ¥67.183 million foreign exchange gain due to the weaker yen in the current fiscal year. - FY2019-Q3Foreign exchange gains from the weaker yen continue but narrowAnnual report
「Ordinary profit was ¥1,027 million, down 23.2% year on year, due mainly to interest expenses and other factors, despite foreign exchange gains on foreign currency deposits and other assets resulting from the weaker yen.」
Foreign exchange gains from the weaker yen continued to arise, but ordinary profit fell below the year-earlier level due in part to interest expenses and other factors. - FY2019-Q2Increase in foreign exchange gains from the weaker yenAnnual report
「Ordinary profit was ¥753 million, down 10.1%, as the weaker yen resulted in foreign exchange gains on foreign currency deposits and other assets, while interest expenses were incurred, among other factors.」
The foreign exchange gain attributable to the weaker yen totalled ¥116.656 million for the six-month period, up from ¥5.994 million in the same period of the previous year. The shift from foreign exchange losses caused by the stronger yen to gains caused by the weaker yen has continued. - FY2019-Q1Foreign-exchange gains from yen depreciationAnnual report
「Ordinary profit was ¥151 million, down 41.3%, as a depreciation of the yen resulted in a ¥72 million foreign exchange gain on foreign currency deposits and other assets.」
Unlike the foreign exchange losses caused by the stronger yen through the previous fiscal year, the current quarter saw a ¥72 million foreign exchange gain due to the weaker yen. - FY2018Smaller Foreign-Exchange LossesAnnual report
「Foreign exchange loss 39,010 7,424」
The foreign exchange loss decreased from ¥39.010 million in the previous fiscal year to ¥7.424 million in the current fiscal year, but a loss was still incurred in the current fiscal year. - FY2018-Q3Small foreign exchange loss recognisedAnnual report
「Foreign exchange loss 25,098 190」
A foreign exchange loss of ¥0.190 million was reported for the nine-month period ended 31 December. This was significantly lower than the ¥25.098 million recorded in the nine-month period ended 31 December of the previous fiscal year. - FY2018-Q3Small foreign exchange loss recognisedAnnual report
「Foreign exchange loss 25,098 190」
A foreign exchange loss of ¥0.190 million was reported for the nine-month period ended 31 December. This was significantly lower than the ¥25.098 million recorded in the nine-month period ended 31 December of the previous fiscal year. - FY2018-Q2RestatedAnnual report
「Foreign exchange gain 5,994」
A ¥5.994 million foreign exchange gain arose due to the weaker yen during the six-month period ended 30 September, meaning that gains rather than losses arose from exchange rates for the second consecutive quarter. - FY2018-Q1Reversal in foreign exchange direction and recognition of gainsAnnual report
「Ordinary profit was ¥258 million, down 19.2%, as a depreciation of the yen resulted in an ¥8 million foreign exchange gain on foreign currency deposits and other assets.」
Unlike the foreign exchange losses caused by the stronger yen reported through the previous fiscal year, the current quarter saw an ¥8 million foreign exchange gain on foreign currency deposits and other assets due to the weaker yen. - FY2017MaterialisedAnnual report
「Foreign exchange loss 39,010」
A ¥39.010 million foreign exchange loss was recognised as a non-operating expense for the consolidated fiscal year, meaning that foreign exchange risk arising from the stronger yen and other factors materialised as an actual loss. - FY2017-Q3MaterialisedAnnual report
「Foreign exchange loss 25,098」
A ¥25.098 million foreign exchange loss arose as a result of the stronger yen. It is stated that the overall impact was absorbed by the improved performance of overseas subsidiaries. - FY2017-Q2MaterialisedAnnual report
「Operating profit was ¥1,120 million, down 1.0%, due mainly to higher cost of sales and selling, general and administrative expenses resulting from upfront investment in personnel, particularly in Japan, and the contraction in the yen-denominated contribution from overseas subsidiaries due to the stronger yen. Ordinary profit was ¥1,071 million, down 5.8%, mainly because the stronger yen resulted in foreign exchange losses on foreign-currency-denominated assets held by the Company.」
The stronger yen reduced the yen-denominated contribution from overseas subsidiaries and also resulted in foreign exchange losses on foreign-currency-denominated assets, affecting operating profit and ordinary profit. - FY2017-Q1MaterialisedAnnual report
「Ordinary profit was ¥320 million, up 0.6%, as a sharp appreciation of the yen resulted in a ¥36 million foreign exchange loss on foreign currency deposits and other assets.」
The sharp appreciation of the yen resulted in an actual ¥36 million foreign exchange loss on foreign currency deposits and other assets, affecting ordinary profit.