Foreign Exchange Risk from Increasing Overseas Exposure
First written in FY2016. 24 of 35 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Ajinomoto Co. moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 29 of 62 companies on the "Worse" side.
21 other companies' latest entry also says "Other".
- FY2026Full-Year Results UpdatedAnnual report
「The overseas sales ratio was 63.9%, compared with 65.7% in the previous fiscal year.」
Although the overseas sales ratio declined from the previous fiscal year, overseas operations still accounted for approximately 60% of consolidated sales, and exposure to foreign currency translation risk remains. - FY2026-H1MaterialisedAnnual report
「Sales for the interim consolidated accounting period declined by ¥5.3 billion from the same period of the previous year to ¥738.8 billion, or 99.3% of the previous year's level, despite higher sales in the seasonings and foods segment, among other factors, due mainly to the impact of foreign currency translation.」
The impact of foreign currency translation became evident in actual results as a factor driving lower consolidated sales for the interim period. - FY2025WorsenedAnnual report
「The overseas sales ratio was 65.7%, compared with 64.6% in the previous fiscal year.」
The overseas sales ratio rose from 64.6% to 65.7%, further increasing exposure to foreign exchange movements, including the translation of overseas subsidiaries' results into yen. - FY2025-H1MaterialisedAnnual report
「Revenue for the six months ended 30 September increased in the Seasonings and Foods, Frozen Foods, and Healthcare and Other segments, including the effect of foreign-exchange translation, rising by ¥56.2 billion year on year to ¥744.2 billion, or 108.2% of the prior-year period.」
The impact of foreign currency translation was reflected in actual results as a factor behind higher consolidated sales for the interim period. - FY2024WorsenedAnnual report
「The overseas sales ratio was 64.6%, compared with 62.5% in the previous fiscal year.」
The overseas sales ratio rose from 62.5% to 64.6%, increasing exposure to foreign exchange movements, including the translation of overseas subsidiaries' results into yen. - FY2024-Q3MaterialisedAnnual report
「Sales for the cumulative third-quarter period increased by ¥40.9 billion from the same period of the previous year to ¥1,067.6 billion, or 104.0% of the previous year's level. The healthcare and other segment recorded lower sales due mainly to lower sales of functional materials, including electronic materials, while the seasonings and foods and frozen foods segments recorded higher sales due to higher unit selling prices and the impact of foreign currency translation, among other factors.」
The impact of foreign currency translation was reflected in cumulative third-quarter results as one of the factors behind higher sales in the seasonings and foods and frozen foods segments. - FY2024-Q2MaterialisedAnnual report
「Sales for the cumulative second-quarter period increased by ¥28.1 billion from the same period of the previous year to ¥688.0 billion, or 104.3% of the previous year's level. The healthcare and other segment recorded lower sales due mainly to lower sales of functional materials, including electronic materials, while the seasonings and foods and frozen foods segments recorded higher sales due to higher unit selling prices and the impact of foreign currency translation, among other factors.」
The impact of foreign currency translation was reflected in actual results as one of the factors behind higher sales in the seasonings and foods and frozen foods businesses during the cumulative second-quarter period. - FY2024-Q1MaterialisedAnnual report
「Revenue for the nine months ended 31 December increased by ¥17.9 billion year on year to ¥339.5 billion, or 105.6% of the prior-year period. Although revenue in the Healthcare and Other segment declined, revenue in the Seasonings and Foods segment and the Frozen Foods segment increased, mainly due to higher selling prices and the effect of foreign-exchange translation.」
The impact of foreign currency translation became evident in first-quarter results as one of the factors driving higher yen-denominated sales in the overseas business. - FY2023WorsenedAnnual report
「The overseas sales ratio was 62.5%, compared with 57.7% in the previous fiscal year.」
The overseas sales ratio rose from 57.7% to 62.5%, further increasing exposure to foreign exchange movements, including the translation of overseas operations into yen. - FY2023-Q3MaterialisedAnnual report
「Sales for the cumulative third-quarter period increased by ¥172.4 billion from the same period of the previous year to ¥1,026.7 billion, or 120.2% of the previous year's level, as sales increased in all of the seasonings and foods, frozen foods, and healthcare and other segments, in addition to the impact of foreign currency translation.」
The impact of translating the overseas business into yen was reflected in sales fluctuations during the cumulative third-quarter period. In this instance, the foreign exchange impact was described as one of the factors contributing to higher sales. - FY2023-Q2MaterialisedAnnual report
「Sales for the cumulative second-quarter period increased by ¥109.6 billion from the same period of the previous year to ¥659.8 billion, or 119.9% of the previous year's level, as sales increased in all of the seasonings and foods, frozen foods, and healthcare and other segments, in addition to the impact of foreign currency translation.」
The impact of foreign currency translation was reflected in sales for the cumulative second-quarter period as a factor driving fluctuations. - FY2023-Q1MaterialisedAnnual report
「Sales for the cumulative first-quarter period increased by ¥45.2 billion from the same period of the previous year to ¥321.6 billion, or 116.4% of the previous year's level, as sales increased in all of the seasonings and foods, frozen foods, and healthcare and other segments, in addition to the impact of foreign currency translation.」
The impact of foreign currency translation was reflected in first-quarter sales and became a factor driving fluctuations in the performance of the overseas business when translated into yen. - FY2022WorsenedAnnual report
「Overseas sales were ¥663.5 billion, ¥62.9 billion above the previous fiscal year, representing 110.5% of the previous fiscal year. The overseas sales ratio was 57.7%, compared with 56.1% in the previous fiscal year.」
The overseas sales ratio rose from 56.1% to 57.7%, increasing exposure to foreign exchange movements associated with translating the overseas business into yen. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third-quarter period. 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 were no new developments or material changes regarding foreign exchange risk associated with the increasing overseas weighting. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second-quarter period. 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 were no new developments or material changes regarding foreign exchange risk associated with the increasing overseas weighting. - FY2021MaterialisedAnnual report
「Sales in the seasonings and foods segment declined by ¥21.2 billion from the previous fiscal year to ¥620.5 billion, or 96.7% of the previous year's level, as higher sales of household products, mainly due to increased demand for meals prepared at home, were more than offset by the impact of foreign currency translation and lower sales of products for the foodservice industry due to weaker foodservice demand.」
As the overseas sales ratio rose to 56.1%, the impact of foreign currency translation became evident in full-year results as a factor behind lower sales in the seasonings and foods business. - FY2021-Q3MaterialisedAnnual report
「Seasonings sales declined despite higher sales of household products driven by increased demand for meals prepared at home, due to the impact of foreign currency translation and lower sales of products for the overseas foodservice industry resulting from weaker foodservice demand.」
The impact of foreign currency translation became evident again during the cumulative third-quarter period as a factor behind lower sales of overseas seasonings. - FY2021-Q2MaterialisedAnnual report
「Seasonings sales declined despite higher sales of household products driven by increased demand for meals prepared at home, due to the impact of foreign currency translation and lower sales of products for the overseas foodservice industry resulting from weaker foodservice demand.」
The impact of foreign currency translation became evident during the cumulative second-quarter period as a factor behind lower sales of overseas seasonings. - FY2021-Q1MaterialisedAnnual report
「Overseas sales declined due to foreign currency translation effects and lower sales of products for the foodservice industry.」
The impact of foreign currency translation became evident again during the first quarter as a factor behind lower sales in overseas seasonings and foods. - FY2020MaterialisedAnnual report
「Seasonings and processed foods (overseas) were broadly in line with the previous year, as the effect of price increases was offset by lower sales in Vietnam and the impact of foreign currency translation, among other factors.」
The impact of foreign currency translation continued to become evident as a factor affecting full-year results in the overseas foods business. Translation adjustments for foreign operations decreased by ¥40.171 billion due to the stronger yen and other factors. - FY2020-Q3MaterialisedAnnual report
「Seasonings and processed foods (overseas) were broadly in line with the previous year, as increased sales volumes at other subsidiaries and the effect of price increases offset the impact of distribution inventories in Vietnam through the second quarter and foreign currency translation.」
The negative impact of foreign currency translation continued to become evident during the cumulative third-quarter period as a factor affecting the performance of overseas seasonings and processed foods. - FY2020-Q2MaterialisedAnnual report
「Seasonings and processed foods (overseas) were broadly in line with the previous year, as increased sales volumes at other subsidiaries and the effect of price increases offset the impact of distribution inventories in Vietnam and foreign currency translation.」
The impact of foreign currency translation became evident during the cumulative second-quarter period as a factor affecting the performance of the overseas foods business. - FY2020-Q1MaterialisedAnnual report
「Seasonings and processed foods (overseas) recorded lower sales despite the effect of price increases in the previous year, due to foreign currency effects and the impact of distribution inventories at certain subsidiaries.」
The negative impact of foreign currency translation became evident again during the first quarter as a factor behind lower sales of overseas seasonings and processed foods. - FY2019MaterialisedAnnual report
「Seasonings and processed foods (overseas) recorded higher sales overall despite the negative impact of foreign currency translation, owing to expanded sales of seasonings and Ajinomoto®, as well as expanded canned coffee sales in Thailand, among other factors.」
As the overseas sales ratio increased to 57.0%, the negative impact of foreign currency translation became evident in full-year results. - FY2019-Q3MaterialisedAnnual report
「Seasonings and processed foods (overseas) recorded higher sales overall despite the negative impact of foreign currency translation (¥7.9 billion), owing to the positive effect of higher canned coffee prices in Thailand and expanded sales of seasonings for menu applications, among other factors.」
The ¥7.9 billion negative impact of foreign currency translation became evident during the cumulative third-quarter period as a factor affecting the performance of the overseas foods business. - FY2019-Q2MaterialisedAnnual report
「Seasonings and processed foods (overseas) recorded higher sales overall despite the negative impact of foreign currency translation, owing to expanded seasonings sales and higher sales resulting from price increases for canned coffee in Thailand, among other factors.」
The negative impact of foreign currency translation became evident during the cumulative second-quarter period as a factor affecting the performance of the overseas foods business. - FY2019-Q1MaterialisedAnnual report
「Seasonings and processed foods (overseas) recorded higher sales overall despite the negative impact of foreign currency translation, owing to expanded seasonings sales and higher sales resulting from price increases for canned coffee in Thailand, among other factors.」
The negative impact of foreign currency translation became evident again during the quarter as a factor affecting the performance of the overseas foods business. - FY2018WorsenedAnnual report
「In addition to Japan, the Group has operations in 34 countries and regions worldwide, and its overseas weighting has increased. In the previous and current consolidated fiscal years, sales to external customers in regions outside Japan, namely Asia, the Americas and Europe, were ¥571.6 billion and ¥627.8 billion, respectively, accounting for 52.4% and 54.6% of consolidated sales, while business profit was ¥52.2 billion and ¥50.6 billion, respectively, accounting for 53.9% and 52.0% of total business profit.」
Operations expanded to 34 countries and regions, and the overseas sales ratio rose from 52.4% to 54.6%, increasing exposure to foreign currency translation effects. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. 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 were no new developments or material changes regarding foreign exchange risk associated with the increasing overseas weighting. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. 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 were no new developments or material changes during the quarter regarding foreign exchange risk associated with the overseas weighting. - FY2017MaterialisedAnnual report
「Overseas sales were ¥571.6 billion, down ¥57.7 billion from the previous fiscal year and representing 90.8% of the previous-year level, due to lower sales of overseas seasonings and processed foods resulting from foreign exchange movements, as well as a significant decline in animal nutrition sales.」
The impact of foreign exchange movements continued to become evident in full-year results as a decline in overseas sales. - FY2017-Q3MaterialisedAnnual report
「Sales in the Overseas Food segment declined in yen terms for overseas seasonings and processed foods, processed umami seasonings and sweeteners, and overseas frozen foods, partly due to foreign exchange movements. Sales were ¥315.7 billion, down ¥38.9 billion from the same period of the previous year, representing 89.0% of the previous-year level. Operating profit was ¥30.8 billion, down ¥4.4 billion, or 87.4% of the previous-year level, due partly to foreign exchange movements.」
The impact of foreign exchange movements became evident during the cumulative third-quarter period as a decline in yen-denominated sales and operating profit in the overseas foods business. - FY2017-Q2MaterialisedAnnual report
「Sales in the Overseas Food segment declined in yen terms for overseas seasonings and processed foods, processed umami seasonings and sweeteners, and overseas frozen foods, partly due to foreign exchange movements. Sales were ¥202.7 billion, down ¥31.6 billion from the same period of the previous year, representing 86.5% of the previous-year level. Operating profit was ¥19.2 billion, down ¥3.9 billion, or 83.2% of the previous-year level, due partly to foreign exchange movements.」
The impact of foreign exchange movements continued to become evident during the first half as a decline in yen-denominated sales and operating profit in the overseas foods business. - FY2017-Q1MaterialisedAnnual report
「Sales in the overseas foods segment declined by ¥14.8 billion from the same period of the previous year to ¥102.3 billion, or 87.3% of the previous year's level, due in part to foreign exchange effects and lower yen-denominated sales of seasonings and processed foods (overseas), processed umami seasonings and sweeteners, and frozen foods (overseas). Operating profit declined by ¥0.3 billion to ¥10.3 billion, or 96.8% of the previous year's level, due mainly to foreign exchange effects.」
The impact of foreign exchange movements became evident in the quarter as a decline in yen-denominated sales and operating profit in the overseas foods business. - FY2016First statedAnnual report
「The consolidated financial statements are affected by fluctuations in translation exchange rates when the financial statements of overseas group companies denominated in local currencies are translated into yen.」
The percentages of overseas sales and profit are presented numerically, and hedging through forward exchange contracts and other instruments is also described.