Decline in Profit Attributable to Owners of the Parent Due to Foreign-Exchange Losses and Reversal of Deferred Tax Assets
First written in FY2020. 6 of 13 entries say "Mitigated", first in FY2021. Latest entry: FY2026-H1.
The whole theme swung hardest in 2018: 2 of 10 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「Foreign exchange gains ¥67.236 million」
Foreign exchange results shifted from a loss of ¥50.494 million in the same period of the previous year to a gain of ¥67.236 million in the current interim consolidated accounting period, changing the direction of the foreign exchange impact on ordinary income. - FY2025-H1Update to interim-period foreign exchange lossesAnnual report
「Foreign exchange losses of ¥50.494 million were recorded due to fluctuations in foreign exchange rates, compared with a foreign exchange gain of ¥240.048 million in the same period of the previous fiscal year.」
The Company recorded a foreign exchange loss of ¥50.494 million in the interim consolidated accounting period, reversing from the foreign exchange gain of ¥240.048 million recorded in the same period of the previous year. - FY2024-Q3Updated third-quarter foreign exchange gainAnnual report
「Foreign exchange gains ¥511.866 million ¥303.512 million」
Foreign exchange gains for the nine-month period were ¥303.512 million, down from ¥511.866 million in the same period of the previous year. - FY2024-Q2Updated quarterly foreign exchange gainAnnual report
「Foreign exchange gain 446,964 240,048」
The foreign exchange gain for the first six months of the fiscal period amounted to ¥240.048 million, down from ¥446.964 million in the same period of the previous fiscal year. - FY2023Updated annual foreign exchange gainAnnual report
「Non-operating income amounted to ¥788.343 million, mainly due to the recognition of a foreign exchange gain resulting from fluctuations in foreign exchange rates.」
The annual results have been updated to reflect ¥788.343 million in non-operating income, including a ¥517.741 million foreign exchange gain resulting from fluctuations in foreign exchange rates. - FY2023-Q2MitigatedAnnual report
「Foreign exchange gain 446,964」
The foreign exchange gain increased from ¥89.411 million in the same period of the previous fiscal year to ¥446.964 million in the current quarter, contributing to higher ordinary profit. - FY2022-Q3MitigatedAnnual report
「Ordinary profit and profit attributable to owners of the parent for the cumulative third quarter reflected the recording of a foreign exchange gain of ¥134.747 million during the cumulative third quarter due to fluctuations in foreign exchange rates, compared with a foreign exchange loss of ¥62.907 million in the cumulative third quarter of the previous fiscal year, and may fluctuate depending on future foreign exchange rates.」
The Company moved from a foreign exchange loss in the same period of the previous fiscal year to a ¥134.747 million foreign exchange gain, which contributed to higher ordinary profit and profit attributable to owners of the parent. - FY2022-Q2MitigatedAnnual report
「Ordinary profit and profit attributable to owners of the parent for the cumulative second quarter reflected the recording of a foreign exchange gain of ¥89.411 million during the cumulative second quarter due to fluctuations in foreign exchange rates, compared with a foreign exchange loss of ¥62.907 million in the cumulative second quarter of the previous fiscal year, and may fluctuate depending on future foreign exchange rates.」
The Company moved from a foreign exchange loss in the same period of the previous fiscal year to a ¥89.411 million foreign exchange gain in the current quarter, which contributed to higher ordinary profit and profit attributable to owners of the parent. - FY2022-Q1MitigatedAnnual report
「Ordinary profit amounted to ¥398.799 million, up 323.5% year on year, following recognition of a ¥119.982 million foreign exchange gain due to fluctuations in foreign exchange rates at the end of the first quarter. Quarterly profit attributable to owners of the parent amounted to ¥233.902 million, compared with ¥323 thousand in the same quarter of the previous fiscal year.」
The Company moved from a ¥134.035 million foreign exchange loss that reduced profit in the first quarter of the previous fiscal year to a ¥119.982 million foreign exchange gain in the current quarter, resulting in higher ordinary profit and profit attributable to owners of the parent. - FY2021MitigatedAnnual report
「Non-operating income amounted to ¥332.972 million, mainly due to the recognition of subsidy income and other items. Non-operating expenses amounted to ¥69.042 million, mainly due to the recognition of interest expenses and other items.」
The ¥108.338 million foreign exchange loss that reduced profit attributable to owners of the parent in the previous fiscal year did not occur in the current fiscal year, which instead included a ¥32.164 million foreign exchange gain. - FY2021-Q2Updated quarterly earnings factorsAnnual report
「Ordinary profit amounted to ¥295.896 million, down 41.3% year on year, due to the recognition of a ¥62.907 million foreign exchange loss resulting from fluctuations in foreign exchange rates at the end of the second quarter.」
For the first six months of the fiscal period, ordinary profit fell 41.3% year on year due to the recognition of a ¥62.907 million foreign exchange loss. - FY2021-Q1Updated quarterly earnings factorsAnnual report
「Ordinary profit amounted to ¥94.178 million, down 59.0% year on year, as the Company recorded a foreign exchange loss of ¥134.035 million due to fluctuations in foreign exchange rates at the end of the first quarter. Quarterly profit attributable to owners of the parent amounted to ¥323 thousand, down 99.7%.」
The quarterly results have been updated to reflect a substantial decline in ordinary profit and quarterly profit attributable to owners of the parent following recognition of a ¥134.035 million foreign exchange loss. - FY2020First statedAnnual report
「Profit attributable to owners of the parent decreased by ¥86.478 million from the previous consolidated fiscal year to ¥177.214 million. This was due to the foreign exchange losses described above and the reversal of deferred tax assets, among other factors.」
Although operating profit and ordinary profit increased, profit attributable to owners of the parent declined due to foreign exchange losses and the reversal of deferred tax assets at subsidiaries, among other factors.