Foreign-Exchange Volatility from Translating Overseas Subsidiary Financial Statements
First written in FY2018. 6 of 25 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2027-H1.
Yoshimura Food Holdings K.K. moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).
The whole theme swung hardest in 2019: 16 of 27 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2027-H1Updated Midyear-End BalancesAnnual report
「Increase in foreign currency translation adjustment: ¥136.933 million」
The foreign currency translation adjustment increased from ¥1,671.844 million at the end of the previous fiscal year to ¥1,808.777 million at the end of the interim period. - FY2026Updated Year-End BalanceAnnual report
「The foreign currency translation adjustment was ¥1,671.844 million.」
The foreign currency translation adjustment arising from the translation of the financial statements of overseas subsidiaries increased from ¥1,369.145 million at the end of the previous fiscal year to ¥1,671.844 million. - FY2026-H1Updated Midyear-End BalancesAnnual report
「Decrease of ¥114.194 million in the foreign currency translation adjustment」
The foreign currency translation adjustment arising from the translation of the financial statements of overseas subsidiaries decreased from ¥1,369.145 million at the end of the previous fiscal year to ¥1,254.950 million. - FY2025Updated Year-End BalanceAnnual report
「Foreign currency translation adjustment: ¥979.402 million; ¥1,369.145 million」
The foreign currency translation adjustment arising from the translation of overseas subsidiaries' financial statements increased from ¥979.402 million at the end of the previous fiscal year to ¥1,369.145 million. - FY2025-Q1Updated First-Quarter-End BalancesAnnual report
「Foreign currency translation adjustment ¥979.402 million ¥1,164.300 million」
The foreign currency translation adjustment increased from ¥979.402 million at the end of the previous fiscal year to ¥1,164.300 million at the end of the first quarter. - FY2024Updated Year-End BalanceAnnual report
「The foreign currency translation adjustment amounted to ¥979.402 million.」
The foreign currency translation adjustment arising from the translation of overseas subsidiaries' financial statements increased from ¥660.583 million at the end of the previous fiscal year to ¥979.402 million. - FY2024-Q3Updated the foreign currency translation adjustment at the end of the third quarterAnnual report
「Increase in foreign currency translation adjustment: ¥407.837 million」
The foreign currency translation adjustment increased by ¥407.837 million from the end of the previous fiscal year, bringing the balance at the end of the third quarter to ¥1,068.420 million. - FY2024-Q2Quarter-end balances updatedAnnual report
「Foreign currency translation adjustment: ¥660.583 million; ¥885.723 million」
The balance of the foreign currency translation adjustment was updated from ¥660.583 million at the end of the previous fiscal year to ¥885.723 million at the end of the second quarter. - FY2024-Q1Quarter-end balances updatedAnnual report
「Foreign currency translation adjustment: ¥660.583 million; ¥643.969 million」
The balance of the foreign currency translation adjustment was updated from ¥660.583 million at the end of the previous fiscal year to ¥643.969 million at the end of the first quarter. - FY2023Updated Year-End BalanceAnnual report
「Foreign currency translation adjustment: ¥139.637 million; ¥660.583 million」
The year-end balance of the foreign currency translation adjustment was ¥660.583 million, updating the cumulative impact of translating overseas subsidiaries' financial statements. - FY2023-Q3MitigatedAnnual report
「Net assets amounted to ¥10,038.309 million, an increase of ¥1,723.561 million from the end of the previous consolidated fiscal year. This was primarily due to increases of ¥638.429 million in retained earnings, ¥417.445 million in non-controlling interests and ¥635.324 million in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥635.324 million to ¥774.962 million. The cumulative negative impact of translating overseas subsidiaries' financial statements has narrowed further from the end of the previous fiscal year. - FY2023-Q2MitigatedAnnual report
「Foreign currency translation adjustment: ¥139.637 million; ¥622.258 million」
The foreign currency translation adjustment increased from ¥139.637 million at the end of the previous fiscal year to ¥622.258 million, reducing the cumulative negative impact of translating overseas subsidiaries' financial statements. - FY2023-Q1MitigatedAnnual report
「Foreign currency translation adjustment: ¥139.637 million; ¥185.938 million」
The foreign currency translation adjustment increased from ¥139.637 million at the end of the previous fiscal year to ¥185.938 million, with the cumulative negative impact of translating overseas subsidiaries' financial statements reportedly narrowing further. - FY2022-Q3MitigatedAnnual report
「Net assets amounted to ¥8,459.125 million, an increase of ¥654.649 million from the end of the previous consolidated fiscal year. This was primarily due to increases of ¥327.645 million in retained earnings, ¥97.131 million in non-controlling interests and ¥241.677 million in the foreign currency translation adjustment.」
The foreign currency translation adjustment improved from △¥257.150 million at the end of the previous fiscal year to △¥15.472 million, reducing the negative impact. - FY2022-Q2MitigatedAnnual report
「Net assets amounted to ¥8,434.586 million, an increase of ¥630.110 million from the end of the previous consolidated fiscal year. This was primarily due to increases of ¥272.699 million in retained earnings, ¥279.561 million in the foreign currency translation adjustment and ¥89.748 million in non-controlling interests.」
The foreign currency translation adjustment increased by ¥279.561 million, improving from a negative balance at the end of the previous fiscal year to ¥22.410 million. - FY2022-Q1MitigatedAnnual report
「Net assets amounted to ¥8,385.620 million, an increase of ¥581.143 million from the end of the previous consolidated fiscal year. This was primarily due to increases of ¥233.902 million in retained earnings and ¥262.781 million in the foreign currency translation adjustment.」
The foreign currency translation adjustment improved from negative ¥257.150 million at the end of the previous fiscal year to ¥5.630 million, temporarily reducing the cumulative negative impact of translating overseas subsidiaries' financial statements. - FY2021WorsenedAnnual report
「Net assets amounted to ¥7,804.476 million, an increase of ¥1,126.379 million from the end of the previous consolidated fiscal year. This was primarily due to increases of ¥579.780 million in capital stock and ¥579.780 million in capital surplus from a third-party allotment, an increase of ¥323.610 million in retained earnings, and a ¥317.399 million decrease in the foreign currency translation adjustment.」
The foreign currency translation adjustment arising from the translation of overseas subsidiaries' financial statements and other factors decreased by ¥317.399 million, leaving a year-end balance of negative ¥257.150 million. - FY2021-Q3Updated the foreign currency translation adjustmentAnnual report
「This was due to increases of ¥100.455 million in capital stock, ¥100.455 million in capital surplus and ¥206.501 million in retained earnings, together with decreases of ¥53.651 million in non-controlling interests and ¥340.316 million in the foreign currency translation adjustment.」
The decrease in the foreign currency translation adjustment amounted to ¥340.316 million, updating the impact of translating overseas subsidiaries' financial statements. - FY2021-Q2Updated the foreign currency translation adjustmentAnnual report
「Decrease in foreign currency translation adjustment: ¥336.459 million」
The foreign currency translation adjustment decreased from ¥60.248 million at the end of the previous consolidated fiscal year to △¥276.211 million at the end of the second quarter. - FY2021-Q1WorsenedAnnual report
「This was primarily due to a ¥347.565 million decrease in the foreign currency translation adjustment.」
The foreign currency translation adjustment deteriorated from ¥60.248 million at the end of the previous fiscal year to △¥287.316 million at the end of the quarter, indicating that the impact of translating overseas subsidiaries' financial statements has increased. - FY2020MaterialisedAnnual report
「Non-operating expenses amounted to ¥147.526 million, due to the recognition of foreign exchange losses and other items.」
A foreign exchange loss of ¥108.338 million was recognized as a non-operating expense, indicating that the impact of foreign exchange fluctuations has appeared in current-period performance. - FY2020-Q3WorsenedAnnual report
「Decrease in foreign currency translation adjustment: ¥209.498 million」
The foreign currency translation adjustment decreased from △¥67.234 million at the end of the previous consolidated fiscal year to △¥276.733 million at the end of the third quarter, indicating that the impact of translating overseas subsidiaries' financial statements has increased. - FY2020-Q2WorsenedAnnual report
「Foreign currency translation adjustment: △¥171.962 million」
The foreign currency translation adjustment changed from △¥67.234 million at the end of the previous fiscal year to △¥171.962 million, indicating that the impact of translating overseas subsidiaries' financial statements has increased. - FY2019MaterialisedAnnual report
「Foreign currency translation adjustment: △¥67.234 million」
The foreign currency translation adjustment related to the translation of overseas subsidiaries' financial statements changed from ¥24.074 million in the previous fiscal year to △¥67.234 million, indicating that the foreign exchange impact has appeared in consolidated net assets. - FY2018First statedAnnual report
「The Group prepares consolidated financial statements by translating the financial statements of overseas group companies denominated in local currencies into Japanese yen. Accordingly, fluctuations in foreign exchange rates may affect the Group's financial position and operating results.」
The foreign exchange impact on the consolidated financial position and operating results from translating overseas subsidiaries' financial statements into yen is described as a separate item for the first time.