Foreign-currency purchases and foreign-exchange exposure
First written in FY2016. 6 of 27 entries say "Mitigated", first in FY2018. Latest entry: 2026-08-05.
Takachiho Koheki moved to the "Worse" side of this theme in 2023, 7 years after the typical company in this theme (2016).
0 other companies' latest entry also says "Mitigated".
- 2026-08-05MitigatedEarnings
「Ordinary profit increased 143.8% year on year to ¥408 million, mainly because foreign-exchange gains were recognized on foreign-currency transactions.」
Compared with a foreign-exchange loss in the same quarter of the previous year, the Company recognized a foreign-exchange gain in the current quarter, reducing the adverse impact of exchange-rate movements on profit. - FY2026WorsenedAnnual report
「Most imported purchases are denominated in foreign currencies. Including foreign-currency transactions related to domestic purchases, foreign-currency transactions accounted for 53.8% of the company's purchases in the fiscal year ending March 2026. In its plan for the fiscal year ending March 2027, the company assumes that foreign-currency transactions will account for approximately 60% of purchases, while foreign-currency transactions will account for approximately 30% of net sales. As a result, part of the risk is expected to be offset.」
The ratio of foreign-currency purchases was 53.8% and is assumed to be approximately 60% in the fiscal year ending March 2027. The company also describes offsetting from approximately 30% foreign-currency sales, price increase negotiations, and hedging through forward exchange contracts. - FY2026-H1MitigatedAnnual report
「Foreign exchange loss 147,864 Foreign exchange loss 18,884」
The foreign exchange loss declined from ¥147 million in the same interim period of the previous year to ¥19 million in the current interim period, reducing the impact of exchange-rate movements on earnings. However, foreign exchange losses on foreign-currency transactions continue to occur. - FY2025-H1MaterialisedAnnual report
「Ordinary income was ¥811 million, down 23.2% from the same period of the previous year, mainly because the company recorded foreign exchange losses on foreign-currency transactions. Foreign exchange loss 147,864」
The company recorded a foreign exchange loss of ¥147.864 million on foreign-currency transactions, with foreign-currency exposure actually emerging as a factor reducing ordinary income. - FY2024-Q3MaterialisedAnnual report
「This was due to higher procurement costs for mailing-system maintenance parts resulting from the weaker yen and the recognition of inventory valuation losses, which reduced operating income.」
The increase in the cost of foreign-currency-related purchases of maintenance parts due to the weaker yen was reflected, together with inventory valuation losses, as a factor reducing operating income. - FY2024-Q2MaterialisedAnnual report
「Although sales progressed steadily because of higher maintenance revenue from access-control systems, an increase in the number of MSP service contracts and higher cloud-service revenue, higher procurement costs for mailing-system maintenance parts due to the weaker yen affected operating profit.」
The increase in the cost of foreign-currency-related purchases of maintenance parts due to the weaker yen was reflected in a 1.3% year-on-year decline in operating income in the Cloud Services & Support segment. - FY2024-Q1MaterialisedAnnual report
「Although the number of MSP service contracts increased steadily and performance remained strong, higher procurement costs for mailing-system maintenance parts due to the weaker yen affected operating profit.」
The increase in the cost of foreign-currency-related purchases of maintenance parts due to the weaker yen was reflected in higher maintenance-part costs for mailing systems and lower operating income. - FY2023WorsenedAnnual report
「Imports accounted for 46.4% of the company's purchases in the fiscal year ended March 2023. Most imports are denominated in foreign currencies. Including foreign-currency transactions related to domestic purchases, foreign-currency transactions accounted for 52.9% of the company's purchases in the fiscal year ended March 2023.」
The ratio of foreign-currency transactions increased from 42.9% in the previous fiscal year to 52.9%, increasing foreign-currency exposure. Hedging through forward exchange contracts based on underlying demand continues. - FY2023-Q3Foreign exchange gains continue to be recordedAnnual report
「Foreign exchange gain 193,511」
The company recorded a foreign exchange gain of ¥193.511 million in the cumulative third quarter, with the impact of foreign-currency transactions on earnings continuing to be reflected in profits. - FY2023-Q2Foreign exchange gains increased substantiallyAnnual report
「Ordinary income was ¥894 million, up 82.5% year on year, mainly because the company recorded foreign exchange gains on foreign-currency transactions.」
The company recorded a foreign exchange gain of ¥286.502 million on foreign-currency transactions, up from ¥45.063 million in the same period of the previous year. Foreign-currency exposure was reflected substantially in earnings, although this instance involved a foreign exchange gain. - FY2023-Q1Recorded a foreign exchange valuation gain on foreign-currency receivablesAnnual report
「In terms of earnings, in addition to the reasons described above, improvement in the gross profit margin drove operating profit up 215.0% year on year to ¥206 million. Ordinary profit rose 360.9% year on year to ¥431 million, partly because a foreign-exchange valuation gain was recorded on foreign-currency-denominated receivables.」
The company recorded a foreign exchange valuation gain on foreign-currency receivables, which became a major factor behind the substantial increase in ordinary income. Foreign-currency exposure was reflected in earnings, although this instance involved a valuation gain. - FY2022WorsenedAnnual report
「Imports accounted for 42.0% of the company's purchases in the fiscal year ended March 2022. Most imports are denominated in foreign currencies. Including foreign-currency transactions related to domestic purchases, foreign-currency transactions accounted for 42.9% of the company's purchases in the fiscal year ended March 2022.」
The ratio of foreign-currency transactions increased from 34.1% in FY2020 to 42.9%. Although hedging through forward exchange contracts continues, foreign-currency exposure has increased. - FY2022-Q3Foreign-exchange gains increasedAnnual report
「Foreign exchange gain 87,555」
The company recorded a foreign exchange gain of ¥87.555 million in the cumulative third quarter, changing from a foreign exchange loss in the same period of the previous year to a gain. - FY2022-Q2Foreign Exchange Gains RecognizedAnnual report
「Foreign exchange gain 45,063」
The company recorded a foreign exchange gain of ¥45.063 million in the cumulative second quarter. - FY2022-Q1Foreign Exchange Gains RecognizedAnnual report
「Foreign exchange gain 9,446」
In the cumulative first quarter, the company recorded a foreign exchange gain of ¥9.446 million, up from ¥2.254 million in the same period of the previous year. - FY2021-Q3Converted to a foreign exchange lossAnnual report
「Foreign exchange loss 35,461」
The company recorded a foreign exchange loss of ¥35.461 million in the cumulative third quarter, changing from a foreign exchange gain in the same period of the previous year to a loss. - FY2020MitigatedAnnual report
「Imports accounted for 36.8% of the company's purchases in the fiscal year ended March 2020. Most imports are denominated in foreign currencies. Including foreign-currency transactions related to domestic purchases, foreign-currency transactions accounted for 34.1% of the company's purchases in the fiscal year ended March 2020.」
The ratio of foreign-currency transactions declined from 38.4% in the previous fiscal year to 34.1%. The hedging policy of using forward exchange contracts based on underlying demand, including purchase settlements, also remains in place. - FY2019MitigatedAnnual report
「Imports accounted for 39.2% of the company's purchases in the fiscal year ended March 2019. Most imports are denominated in foreign currencies. Including foreign-currency transactions related to domestic purchases, foreign-currency transactions accounted for 38.4% of the company's purchases in the fiscal year ended March 2019.」
The ratio of foreign-currency transactions declined from 46.2% in the previous fiscal year to 38.4%. The hedging policy of using forward exchange contracts remains in place. - FY2019-Q3Foreign-exchange gains increasedAnnual report
「Ordinary income was ¥609 million, up 44.0% year on year, mainly because the company recorded a foreign exchange gain of ¥43 million.」
In the cumulative third quarter, the company recorded a foreign exchange gain of ¥43 million, up from ¥26 million in the same period of the previous year. - FY2019-Q2Foreign-exchange gains increasedAnnual report
「Ordinary income was ¥350 million, up 38.5% year on year, mainly because the company recorded a foreign exchange gain of ¥41 million.」
In the cumulative second quarter, the company recorded a foreign exchange gain of ¥41 million, up from ¥22 million in the same period of the previous year. - FY2019-Q1Foreign Exchange Gains RecognizedAnnual report
「The company recorded a foreign exchange gain of ¥29 million, but ordinary income decreased by ¥9 million from the same period of the previous year, resulting in an ordinary loss of ¥8 million.」
The company recorded a foreign exchange gain of ¥29 million in the quarter, but ordinary income deteriorated by ¥9 million from the same period of the previous year, resulting in an ordinary loss of ¥8 million. - FY2018MitigatedAnnual report
「Imports accounted for 41.8% of the company's purchases in the fiscal year ended March 2018. Most imports are denominated in foreign currencies. Including foreign-currency transactions related to domestic purchases, foreign-currency transactions accounted for 46.2% of the company's purchases in the fiscal year ended March 2018.」
The ratio of foreign-currency transactions declined from 51.4% in the previous fiscal year to 46.2%. The hedging policy of using forward exchange contracts remains in place. - FY2017-Q3Foreign-exchange gains increasedAnnual report
「Ordinary income was ¥386 million, up 181.9% year on year, mainly because the foreign exchange loss recorded in the same period of the previous year was eliminated and the company recorded a foreign exchange gain of ¥112 million.」
The foreign exchange loss recorded in the same period of the previous year was eliminated, and the company recorded a foreign exchange gain of ¥112 million. The impact of foreign exchange improved on earnings, while the foreign-currency exposure itself remains. - FY2017-Q2Foreign exchange impact improved earningsAnnual report
「Revenue increased 10.8% year on year to ¥196 million, mainly because the foreign exchange loss recorded in the same period of the previous year was eliminated and the company turned to a foreign exchange gain of ¥31 million.」
While the foreign exchange loss recorded in the same period of the previous year was eliminated and turned into a foreign exchange gain, the stronger yen also reduced revenue at overseas subsidiaries, resulting in different effects from foreign exchange on earnings and revenue. - FY2016MaterialisedAnnual report
「Imported purchases accounted for 45.1% of total purchases in the fiscal year ended March 2016. Most imported purchases are denominated in foreign currencies. Including foreign-currency-denominated transactions in domestic purchases, foreign-currency-denominated transactions accounted for 51.4% of total purchases in the fiscal year ended March 2016.」
Although the company hedges through foreign exchange forward contracts, it recorded a foreign exchange loss of ¥75 million during the period.