Foreign Exchange Risk from Overseas Production and Sales
First written in FY2017. 12 of 27 entries say "Mitigated", first in FY2019. Latest entry: 2026-10-30.
The whole theme swung hardest in 2022: 7 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026MitigatedAnnual report
「Consolidated non-operating income increased 165.9% to ¥407 million from ¥153 million in the previous fiscal year, mainly because foreign exchange losses changed to foreign exchange gains.」
Foreign exchange losses in the previous fiscal year changed to foreign exchange gains in the current fiscal year, reducing the adverse impact of exchange-rate movements on profit and loss. - 2026-05-08MaterialisedRevisions to earnings forecasts
「2026 年３月期の通期連結業績が、想定以上にドル高円安で推移したことにより、2026 年２月６日に公表いたしました業績予想を上回る結果となりました。」
ドル高円安の進行が通期業績予想と実績の差異に影響したことを、実績値の上振れ要因として具体的に開示している。 - FY2026-H1MitigatedAnnual report
「Foreign exchange losses 88 3」
Foreign exchange losses decreased from ¥88 million in the same period of the previous year to ¥3 million in the current interim consolidated accounting period, reducing the adverse impact of exchange-rate movements on profit and loss. - FY2025WorsenedAnnual report
「Consolidated non-operating income decreased 46.1% to ¥153 million from ¥284 million in the previous fiscal year, mainly because foreign exchange gains changed to foreign exchange losses.」
Foreign exchange gains recorded in the previous fiscal year changed to foreign exchange losses in the current fiscal year, and the adverse impact of exchange-rate movements associated with the overseas business was reflected in full-year non-operating income. - FY2025-H1WorsenedAnnual report
「Foreign exchange gains 115 － Foreign exchange losses － 88」
The result changed from a ¥115 million foreign exchange gain in the same period of the previous year to an ¥88 million foreign exchange loss in the current interim consolidated accounting period, with the adverse impact of exchange-rate movements on profit and loss re-emerging. - FY2024RestatedAnnual report
「The group's operations include the production and sale of products overseas. In general, a stronger yen against local currencies has an adverse impact on the group's operations, while a weaker yen has a positive impact. Significant fluctuations in exchange rates may affect the group's operating results and financial condition.」
The group continues to recognize the potential impact of yen appreciation and depreciation on profit and loss associated with overseas production and sales, and also describes its hedging policy using forward exchange contracts. - FY2024-Q3Foreign exchange gains declined sharply, but no foreign exchange loss was recordedAnnual report
「Foreign exchange gains 231 15」
Compared with the ¥231 million foreign exchange gain in the same period of the previous year, the cumulative third quarter resulted in a gain of ¥15 million. Foreign exchange gains therefore declined sharply, but no foreign exchange loss was recorded. - FY2024-Q1Foreign exchange gains declined, but no foreign exchange loss was recordedAnnual report
「Foreign exchange gains 325 103」
Foreign exchange gains decreased from ¥325 million in the same period of the previous year to ¥103 million, but no foreign exchange loss was recorded and exchange-rate movements had no adverse impact on profit and loss. - FY2023-Q3MitigatedAnnual report
「Foreign exchange gains 71 231」
Compared with the ¥71 million foreign exchange gain in the same period of the previous year, the cumulative third quarter resulted in a ¥231 million foreign exchange gain, increasing the positive impact of exchange-rate movements on profit and loss. - FY2023-Q2MitigatedAnnual report
「Foreign exchange gains － 404 Foreign exchange losses 2 －」
Compared with the ¥2 million foreign exchange loss in the same period of the previous year, the cumulative second quarter resulted in a ¥404 million foreign exchange gain, eliminating the adverse impact of exchange-rate movements on profit and loss. - FY2023-Q1MitigatedAnnual report
「Foreign exchange gains － 325 Foreign exchange losses 8 －」
Compared with the ¥8 million foreign exchange loss in the same period of the previous year, the cumulative first quarter resulted in a ¥325 million foreign exchange gain, eliminating the adverse impact of exchange-rate movements on profit and loss. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gains - 71 Foreign exchange losses 39 -」
Compared with the ¥39 million foreign exchange loss recorded in the same period of the previous year, the cumulative third quarter resulted in a ¥71 million foreign exchange gain, eliminating the adverse impact of exchange-rate movements on profit and loss. - FY2022-Q2MitigatedAnnual report
「Foreign exchange losses 14 2」
Foreign exchange losses decreased from ¥14 million in the same period of the previous year to ¥2 million in the cumulative second quarter, reducing the impact of exchange-rate movements on profit and loss. - FY2022-Q1WorsenedAnnual report
「Foreign exchange losses 6 8」
Foreign exchange losses increased from ¥6 million in the same period of the previous year to ¥8 million in the cumulative first quarter, increasing the impact of exchange-rate movements on profit and loss year on year. - FY2021-Q3MitigatedAnnual report
「Foreign exchange losses 85 39」
Foreign exchange losses decreased from ¥85 million in the same period of the previous year to ¥39 million in the cumulative third quarter, reducing the impact of exchange-rate movements on profit and loss compared with the same period of the previous year. - FY2021-Q2MitigatedAnnual report
「Foreign exchange losses 127 14」
Foreign exchange losses decreased from ¥127 million in the same period of the previous year to ¥14 million in the cumulative second quarter, reducing the impact of exchange-rate movements on profit and loss that had been reflected through the previous fiscal year. - FY2021-Q1MitigatedAnnual report
「Foreign exchange losses 94 6」
Foreign exchange losses decreased from ¥94 million in the same period of the previous year to ¥6 million in the cumulative first quarter under review, indicating that the impact of exchange-rate movements reflected in earnings through the previous fiscal year had diminished in the quarter. - FY2020WorsenedAnnual report
「Consolidated non-operating expenses increased 31.3% to ¥268 million from ¥204 million in the previous fiscal year, mainly due to an increase in foreign exchange losses.」
Non-operating expenses, including higher foreign exchange losses, increased 31.3% year on year, with the impact of exchange-rate movements associated with overseas operations reflected in full-year earnings. - FY2020-Q3WorsenedAnnual report
「Foreign exchange losses 62 85」
Foreign exchange losses increased from ¥62 million in the same period of the previous year to ¥85 million in the cumulative third quarter under review, indicating that the impact of exchange-rate movements associated with overseas operations was reflected in earnings. - FY2020-Q2WorsenedAnnual report
「Foreign exchange losses 23 127」
Foreign exchange losses increased from ¥23 million in the same period of the previous year to ¥127 million in the cumulative second quarter under review, indicating that the impact of exchange-rate movements associated with overseas operations was reflected in earnings. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange losses 29 94」
Foreign exchange losses increased from ¥29 million in the same period of the previous year to ¥94 million in the first quarter under review, indicating that the impact of exchange-rate movements associated with overseas operations was reflected in earnings. - FY2019MitigatedAnnual report
「The corporate group's business includes the production and sale of products overseas. In general, a stronger yen against local currencies adversely affects the corporate group's business, while a weaker yen has a favorable effect. Significant fluctuations in exchange rates could affect the corporate group's operating results and financial position. "Hedging policy: The group hedges foreign-exchange risk in accordance with its internal regulations."」
While continuing to recognize the foreign-exchange risk associated with overseas operations, it discloses a hedging policy using forward foreign-exchange contracts under internal regulations, as well as forward contracts for the US dollar and Chinese yuan. - FY2017First statedAnnual report
「In general, a stronger yen against local currencies adversely affects the corporate group's business, while a weaker yen has a favorable effect. Significant fluctuations in exchange rates could affect the corporate group's operating results and financial position.」
It discloses the risk that exchange-rate movements associated with overseas production and sales of products could have an adverse effect when the yen strengthens and a favorable effect when it weakens.