Foreign-Exchange Rate Risk
First written in FY2016. 32 of 34 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-07-31.
Toyo Suisan moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 14 of 25 companies on the "Worse" side.
9 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Based on an estimate, currency movements from the previous consolidated fiscal year decreased net sales by ¥2,962 million and operating profit by ¥647 million in the current consolidated fiscal year.」
The foreign exchange translation rate changed from ¥152.58 in the previous fiscal year to ¥150.78, and currency movements were estimated to be factors reducing net sales by ¥2,962 million and operating profit by ¥647 million. - 2026-05-15MaterialisedEarnings
「The foreign exchange translation rate for the current consolidated fiscal year, based on the average rate during the period, was ¥150.78 per U.S. dollar, compared with ¥152.58 in the previous consolidated fiscal year.」
The foreign exchange translation rate based on the average rate during the period has been disclosed, reflecting currency movements in the yen-converted results of the overseas businesses. - FY2026-H1MaterialisedAnnual report
「The foreign exchange translation rate for the interim consolidated accounting period, based on the average exchange rate for the period, was ¥146.04/USD (¥152.63/USD for the previous interim consolidated accounting period).」
Although the overseas instant noodle business generated higher sales and profit in dollar terms, sales and segment profit in yen terms fell below the same period of the previous year due to the impact of currency movements. The impact of currency movements was reflected in the results for the interim period. - FY2025MaterialisedAnnual report
「Based on an estimate, currency movements from the previous consolidated fiscal year decreased net sales by ¥2,759 million and operating profit by ¥606 million in the current consolidated fiscal year. … From the next consolidated fiscal year, the Company plans to change the method used to translate the income and expenses of overseas subsidiaries and other entities into yen, using the average exchange rate for the period.」
Following the boost from yen depreciation in FY2024, currency movements in FY2025 were estimated to be factors reducing net sales and operating profit. The Company also indicated plans to adopt the average exchange rate for the period from the following fiscal year. - FY2024MaterialisedAnnual report
「The foreign exchange translation rate for the consolidated fiscal year was ¥151.33/USD (¥133.54/USD for the previous consolidated fiscal year). Based on an estimate, currency movements from the previous consolidated fiscal year increased net sales by ¥26,006 million and operating profit by ¥4,988 million in the consolidated fiscal year.」
The depreciation of the yen was reflected in the results, with the foreign exchange translation rate reaching ¥151.33/USD. The estimate attributed increases of ¥26,006 million in net sales and ¥4,988 million in operating profit to currency movements. - FY2024-Q3MaterialisedAnnual report
「The foreign exchange translation rate for the cumulative consolidated period through the third quarter was ¥141.83/USD (¥132.71/USD for the cumulative consolidated period through the third quarter of the previous year).」
The foreign exchange translation rate changed from ¥132.71 in the same period of the previous year to ¥141.83, and the impact of currency movements was reflected in the yen-denominated results of the overseas business. - FY2024-Q2MaterialisedAnnual report
「The foreign exchange translation rate for the cumulative consolidated period through the second quarter was ¥149.58/USD (¥144.81/USD for the cumulative consolidated period through the second quarter of the previous year).」
The foreign exchange translation rate changed from ¥144.81 in the same period of the previous year to ¥149.58, and the impact of currency movements was reflected in the yen-denominated results of the overseas business. - FY2024-Q1MaterialisedAnnual report
「The foreign exchange translation rate at the end of the first-quarter cumulative consolidated period was ¥144.99/USD (¥136.64/USD at the end of the first-quarter cumulative consolidated period of the previous year).」
The foreign exchange translation rate changed from ¥136.64 at the end of the same period of the previous year to ¥144.99, and the impact of currency movements was reflected in the yen-denominated results of the overseas business. - FY2023-Q3MaterialisedAnnual report
「The foreign exchange translation rate for the cumulative consolidated period through the third quarter was ¥132.71/USD (¥115.01/USD for the cumulative consolidated period through the third quarter of the previous year).」
The foreign exchange translation rate for the overseas business changed from ¥115.01 in the same period of the previous year to ¥132.71, and the impact of currency movements was reflected in the yen-denominated results for the cumulative period through the quarter. - FY2023-Q2MaterialisedAnnual report
「The translation rate for the cumulative consolidated second quarter was ¥144.81 per US dollar, compared with ¥111.95 per US dollar in the cumulative consolidated second quarter of the previous year.」
The foreign exchange translation rate changed from ¥111.95 in the same period of the previous year to ¥144.81, and the impact of currency movements was reflected significantly in the yen-denominated results of the overseas business. - FY2023-Q1MaterialisedAnnual report
「The translation rate at the end of the cumulative consolidated first quarter was ¥136.64 per US dollar, compared with ¥110.61 per US dollar at the end of the cumulative consolidated first quarter of the previous year.」
The foreign exchange translation rate changed from ¥110.61 per US dollar at the end of the same period of the previous year to ¥136.64, and exchange rate fluctuations had a substantial impact on the overseas business’s results translated into yen. - FY2022MaterialisedAnnual report
「Based on exchange rate fluctuations from the previous consolidated fiscal year, net sales for the current consolidated fiscal year are estimated to have increased by ¥10,918 million and operating profit by ¥646 million.」
The impact of exchange rate fluctuations was reflected in the full-year results as a factor increasing net sales by ¥10,918 million and operating profit by ¥646 million. - FY2022-Q3MaterialisedAnnual report
「The translation rate for the cumulative consolidated third quarter was ¥115.01 per US dollar, compared with ¥103.50 per US dollar in the cumulative consolidated third quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥103.50 per US dollar in the same period of the previous year to ¥115.01, and the impact of exchange rate fluctuations was reflected in the results for the period. - FY2022-Q2MaterialisedAnnual report
「The translation rate for the cumulative consolidated second quarter was ¥111.95 per US dollar, compared with ¥105.78 per US dollar in the cumulative consolidated second quarter of the previous year.」
The foreign exchange translation rate changed from ¥105.78 per US dollar in the same period of the previous year to ¥111.95, and the impact of exchange rate fluctuations was reflected in the results for the period of the overseas business. - FY2022-Q1MaterialisedAnnual report
「The translation rate at the end of the cumulative consolidated first quarter was ¥110.61 per US dollar, compared with ¥107.71 per US dollar at the end of the cumulative consolidated first quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥107.71 per US dollar at the end of the same period of the previous year to ¥110.61, and the impact of exchange rate fluctuations was reflected in the results for the period. - FY2021MaterialisedAnnual report
「Based on exchange rate fluctuations from the previous consolidated fiscal year, net sales for the current consolidated fiscal year are estimated to have increased by ¥1,613 million and operating profit by ¥229 million.」
The impact of exchange rate fluctuations was reflected in the full-year results as increases of ¥1,613 million in net sales and ¥229 million in operating profit. - FY2021-Q3MaterialisedAnnual report
「The translation rate for the cumulative consolidated third quarter was ¥103.50 per US dollar, compared with ¥109.54 per US dollar in the cumulative consolidated third quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥109.54 per US dollar in the same period of the previous year to ¥103.50, and the impact of exchange rate fluctuations was reflected in the results for the period. - FY2021-Q2MaterialisedAnnual report
「The translation rate for the cumulative consolidated second quarter was ¥105.78 per US dollar, compared with ¥107.93 per US dollar in the cumulative consolidated second quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥107.93 per US dollar in the same period of the previous year to ¥105.78, and the impact of exchange rate fluctuations was reflected in the results for the period. The text does not state the amount of the impact of foreign exchange on financial results. - FY2020-Q3MaterialisedAnnual report
「The translation rate for the cumulative consolidated third quarter was ¥109.54 per US dollar, compared with ¥111.02 per US dollar in the cumulative consolidated third quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥111.02 per US dollar in the same period of the previous year to ¥109.54, and the impact of exchange rate fluctuations was reflected in the results for the period. - FY2020-Q2MaterialisedAnnual report
「The translation rate for the cumulative consolidated second quarter was ¥107.93 per US dollar, compared with ¥113.58 per US dollar in the cumulative consolidated second quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥113.58 per US dollar in the same period of the previous year to ¥107.93, and the impact of exchange rate fluctuations was reflected in the results for the period. - FY2020-Q1MaterialisedAnnual report
「The translation rate for the cumulative consolidated first quarter was ¥107.75 per US dollar, compared with ¥110.45 per US dollar in the cumulative consolidated first quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥110.45 per US dollar in the same period of the previous year to ¥107.75, and the impact of exchange rate fluctuations was reflected in the results for the period. - FY2019MaterialisedAnnual report
「Based on exchange rate fluctuations from the previous consolidated fiscal year, net sales for the current consolidated fiscal year are estimated to have increased by ¥3,585 million and operating profit by ¥332 million.」
The impact of exchange rate fluctuations was estimated to increase full-year net sales by ¥3,585 million and operating profit by ¥332 million. - FY2019-Q3MaterialisedAnnual report
「The translation rate for the cumulative consolidated third quarter was ¥111.02 per US dollar, compared with ¥113.00 per US dollar in the cumulative consolidated third quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥113.00 per US dollar in the same period of the previous year to ¥111.02, and the impact of exchange rate fluctuations was reflected in the results for the period. - FY2019-Q2MaterialisedAnnual report
「The translation rate for the cumulative consolidated second quarter was ¥113.58 per US dollar, compared with ¥112.74 per US dollar in the cumulative consolidated second quarter of the previous year.」
The foreign exchange translation rate for the overseas business changed from ¥112.74 per US dollar in the same period of the previous year to ¥113.58, and the impact of exchange rate fluctuations continued to be reflected in the results for the period. - FY2019-Q1MaterialisedAnnual report
「The translation rate for the cumulative consolidated first quarter was ¥110.45 per US dollar, compared with ¥111.96 per US dollar in the cumulative consolidated first quarter of the previous year.」
The foreign exchange translation rate for the period was ¥110.45 per US dollar, compared with ¥111.96 per US dollar in the same period of the previous year. The impact of exchange rate fluctuations continued to be reflected in the results for the period, but the text does not state the amount of the impact on sales. - FY2018-Q3MaterialisedAnnual report
「The translation rate for the cumulative consolidated third quarter was ¥113.00 per US dollar, compared with ¥116.49 per US dollar in the cumulative consolidated third quarter of the previous year.」
The foreign exchange translation rate changed from ¥116.49 per US dollar in the cumulative period of the previous year to ¥113.00, and the shift toward yen appreciation was reflected in the results for the period. - FY2018-Q2MaterialisedAnnual report
「In the overseas instant noodle business, we strengthened initiatives with business partners in the United States, and sales volume was broadly in line with the previous year following special promotions for the back-to-school season. In Mexico, sales increased as orders through distributors progressed smoothly and special promotions were conducted at mass retailers. As a result, sales increased 14.0% year on year to ¥37,107 million. Segment profit declined on a local-currency basis due to higher personnel and freight costs, but increased 4.6% year on year to ¥5,528 million due to the weaker yen.」
Yen depreciation increased yen-denominated segment profit in the overseas instant noodle business by 4.6% year on year. The impact of exchange rate fluctuations continued to be reflected in the results. - FY2018-Q1MaterialisedAnnual report
「The translation rate for the cumulative consolidated first quarter was ¥111.96 per US dollar, compared with ¥102.96 per US dollar in the cumulative consolidated first quarter of the previous year. In the overseas instant noodle business, the company pursued proactive sales activities in the United States, including stronger cooperation with major mass retailers, but sales declined as the challenging sales environment in the instant noodle market continued. In Mexico, sales increased as the depreciation of the local currency showed signs of improvement and the company actively conducted consumer campaigns and strengthened sales of bagged noodles. As a result, sales declined in local-currency terms, but increased 6.3% year on year to ¥16,903 million in yen terms due to the impact of yen depreciation.」
The foreign exchange translation rate rose from ¥102.96 per US dollar in the same period of the previous year to ¥111.96, and yen depreciation this time boosted yen-denominated net sales in the overseas instant noodle business. - FY2017MaterialisedAnnual report
「Based on exchange rate fluctuations from the previous consolidated fiscal year, net sales for the current consolidated fiscal year are estimated to have decreased by ¥279 million and operating profit by ¥35 million.」
The impact of exchange rate fluctuations was estimated to reduce full-year net sales by ¥279 million and operating profit by ¥35 million. - FY2017-Q2RestatedAnnual report
「As a result, partly due to the impact of yen appreciation, net sales were ¥32,541 million, down 19.6% year on year. Segment profit increased in local-currency terms due to lower raw material prices and other factors, but declined 7.1% year on year to ¥5,286 million due to the impact of yen appreciation.」
Yen appreciation continued to weigh on net sales and segment profit in the overseas instant noodle business. Net sales fell 19.6% year on year, and segment profit fell 7.1%. - FY2017-Q1MaterialisedAnnual report
「As a result, partly due to the impact of yen appreciation, net sales were ¥15,905 million, down 18.1% year on year.」
Yen appreciation actually contributed to lower net sales in the overseas instant noodle business. The quarterly translation rate was ¥102.96 per US dollar, compared with ¥122.44 per US dollar in the same period of the previous year, reflecting yen appreciation. - FY2016First statedAnnual report
「If exchange rates fluctuate sharply beyond expectations, the changes could affect the Group’s financial results and financial position.」
The company identifies foreign exchange risk arising through its North American subsidiary, import and export transactions, and the yen translation of overseas subsidiaries, and also refers to hedging through forward foreign exchange contracts and other measures.