Risk of Foreign Exchange Rate Fluctuations
First written in FY2016. 28 of 31 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-08-03.
Seiren moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2024: 14 of 32 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- 2026-08-03MaterialisedRevision of earnings forecasts
「Foreign exchange losses 51 209」
Foreign exchange losses of ¥209 million were recorded in the quarterly consolidated income statement, showing the impact of foreign exchange movements in non-operating expenses. - FY2026MaterialisedAnnual report
「This was mainly due to a ¥417 million decrease in securities valuation losses, a ¥210 million decrease in subsidy income, and a ¥205 million decrease in foreign exchange gains.」
Exchange-rate fluctuations directly affected full-year non-operating income and expenses through a ¥205 million decrease in foreign exchange gains. - FY2026-H1MaterialisedAnnual report
「Foreign exchange loss 5」
Exchange-rate fluctuations directly affected non-operating income and expenses through a ¥5 million foreign exchange loss during the interim consolidated period. - FY2025MaterialisedAnnual report
「A ¥492 million decrease in foreign exchange gains」
Exchange-rate fluctuations were reflected in non-operating income and expenses for the current fiscal year as a ¥492 million decrease in foreign exchange gains. - FY2025-H1MaterialisedAnnual report
「Foreign exchange gain 823」
Exchange-rate fluctuations directly affected non-operating income during the interim consolidated period through an ¥823 million foreign exchange gain. - FY2024MaterialisedAnnual report
「This was mainly due to a ¥427 million increase in interest income, partly offset by a ¥992 million decrease in foreign exchange gains.」
Exchange-rate fluctuations directly affected non-operating income and expenses through a ¥992 million decrease in foreign exchange gains. Existing foreign exchange risk has been reflected in full-year results. - FY2024-Q3MaterialisedAnnual report
「Foreign exchange gain 872」
Exchange-rate fluctuations directly affected non-operating income during the cumulative third-quarter period through an ¥872 million foreign exchange gain. - FY2024-Q2MaterialisedAnnual report
「Foreign exchange gain 1,100」
Exchange-rate fluctuations directly affected non-operating income during the cumulative second-quarter period through a ¥1.1 billion foreign exchange gain. - FY2024-Q1MaterialisedAnnual report
「Fixed assets increased by ¥898 million from the end of the previous consolidated fiscal year, as capital investment and the weaker yen's impact on the translation rates used for the financial statements of overseas subsidiaries increased tangible fixed assets.」
The impact of the weaker yen on the translation of overseas subsidiaries' financial statements was reflected in an increase in tangible fixed assets. - FY2023MaterialisedAnnual report
「This was mainly due to an ¥89 million decrease in employment adjustment subsidies, partly offset by a ¥1.509 billion increase in foreign exchange gains and losses.」
Exchange-rate fluctuations directly affected non-operating income and expenses through a ¥1.509 billion increase in foreign exchange gains and losses. - FY2023-Q3MaterialisedAnnual report
「The economic environment during the cumulative third-quarter consolidated period remained uncertain. Although the expiration of priority preventive measures to prevent the spread of COVID-19 led to some signs of recovery, this was offset by the renewed increase in COVID-19 cases, soaring energy and raw-material prices, and sharp exchange-rate fluctuations.」
Sharp exchange-rate fluctuations were identified as a source of uncertainty in the business environment, and a ¥2.050 billion foreign exchange gain was recorded in non-operating income during the cumulative third-quarter period. - FY2023-Q2MaterialisedAnnual report
「Foreign exchange gain 1,457」
Exchange-rate fluctuations directly affected earnings through a ¥1.457 billion foreign exchange gain in the cumulative second-quarter period. - FY2022MaterialisedAnnual report
「This was mainly due to a ¥629 million decrease in employment adjustment subsidies, partly offset by a ¥612 million increase in foreign exchange gains and losses and a ¥102 million increase in miscellaneous income from subsidy income.」
Exchange-rate fluctuations directly affected non-operating income and expenses for the current fiscal year through an increase in foreign exchange gains and losses. - FY2022-Q2MaterialisedAnnual report
「Although investment securities included in investments and other assets decreased, tangible fixed assets increased as the weaker yen affected the translation rates used for the financial statements of overseas subsidiaries, resulting in a ¥972 million increase from the end of the previous consolidated fiscal year.」
The impact of the weaker yen on the translation of overseas subsidiaries' financial statements was reflected in a ¥972 million increase in tangible fixed assets. - FY2022-Q1MaterialisedAnnual report
「Although investment securities decreased, tangible fixed assets increased as the weaker yen affected the translation rates used for the financial statements of overseas subsidiaries, resulting in a ¥95 million increase from the end of the previous consolidated fiscal year.」
The impact of the weaker yen on the translation of overseas subsidiaries' financial statements was reflected in an increase in tangible fixed assets. Meanwhile, a foreign exchange loss of ¥187 million was recorded in the first quarter. - FY2021MaterialisedAnnual report
「A foreign-currency valuation loss arose at overseas subsidiaries, and foreign exchange gains and losses decreased by ¥730 million compared with the previous consolidated fiscal year, when a foreign exchange gain was recorded.」
The foreign-currency valuation loss and decrease in foreign exchange gains and losses were reflected in non-operating income and expenses, and the impact of exchange-rate fluctuations continues to arise. - FY2021-Q3MaterialisedAnnual report
「Fixed assets decreased by ¥2.119 billion from the end of the previous consolidated fiscal year, mainly due to the stronger yen affecting the translation rates used for the financial statements of overseas subsidiaries.」
The impact of the stronger yen on the translation of overseas subsidiaries' financial statements was reflected in a ¥2.119 billion decrease in fixed assets. - FY2021-Q2MaterialisedAnnual report
「Foreign exchange losses 585」
A foreign exchange loss of ¥585 million was recorded for the six months ended the second quarter, and exchange rate movements had an actual impact on earnings. - FY2021-Q1MaterialisedAnnual report
「Foreign exchange losses 832」
A foreign exchange loss of ¥832 million was recorded in the first quarter, and exchange rate movements had an actual impact on earnings. - FY2020MaterialisedAnnual report
「This was due mainly to an ¥83 million decrease in foreign exchange gains from the previous consolidated fiscal year and a decline in non-operating income, including compensation received.」
Exchange rate movements affected earnings through foreign exchange gains of ¥338 million in the current fiscal year, down ¥83 million from the previous year. - FY2020-Q3MaterialisedAnnual report
「Property, plant and equipment and other fixed assets decreased by ¥1,005 million from the end of the previous consolidated fiscal year, mainly because the translation rates used for the financial statements of overseas subsidiaries reflected a stronger yen.」
Changes in the translation rates for overseas subsidiaries' financial statements due to the yen's appreciation were reflected in an actual decrease in fixed assets. - FY2020-Q2MaterialisedAnnual report
「Property, plant and equipment and other fixed assets decreased by ¥423 million from the end of the previous consolidated fiscal year, mainly because the translation rates used for the financial statements of overseas subsidiaries reflected a stronger yen.」
Changes in the translation rates for overseas subsidiaries' financial statements due to the yen's appreciation were reflected in an actual decrease in fixed assets. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange losses 93」
A foreign exchange loss of ¥93 million was recorded in the first quarter, and exchange rate movements had an actual impact on earnings. - FY2019MaterialisedAnnual report
「This was mainly due to foreign exchange gains of ¥421 million, resulting from valuation gains on foreign currency held by overseas subsidiaries, among other factors, representing an increase of ¥1,117 million from the previous consolidated fiscal year, when a foreign exchange loss was recorded.」
Exchange rate movements had an actual impact on earnings in the form of foreign exchange gains of ¥421 million. The foreign currency translation adjustment account also declined. - FY2019-Q3MaterialisedAnnual report
「Although the foreign currency translation adjustment account declined due to exchange rate movements, net assets increased overall by ¥2,218 million to ¥80,050 million as a result of an increase in retained earnings.」
Exchange rate movements reduced the foreign currency translation adjustment account and had an actual impact on net assets. - FY2019-Q2MaterialisedAnnual report
「Although the foreign currency translation adjustment account declined due to exchange rate movements, net assets increased overall by ¥1,618 million to ¥79,450 million as a result of an increase in retained earnings.」
Exchange rate movements reduced the foreign currency translation adjustment account and had an actual impact on net assets. - FY2019-Q1MaterialisedAnnual report
「This was mainly due to decreases in cash and deposits and other assets, as well as declines in the valuation of foreign-currency-denominated assets resulting from the yen's appreciation.」
The yen's appreciation reduced the valuation of foreign-currency-denominated assets, and a foreign exchange loss of ¥145 million was also recorded. - FY2017-Q3RestatedAnnual report
「However, in addition to production adjustments due to the fuel-efficiency issue discovered in April 2016, the domestic business reported modest year-on-year declines in revenue and profit due to the impact of foreign exchange losses resulting from a period of yen appreciation.」
The company continues to state that foreign exchange losses from a temporary appreciation of the yen were a factor behind lower revenue and profit in the domestic business. - FY2017-Q2RestatedAnnual report
「Affected by foreign exchange losses resulting from a sharp appreciation of the yen, the domestic business reported modest year-on-year declines in revenue and profit.」
The company continues to state that foreign exchange losses from the yen's appreciation were a factor behind lower revenue and profit in the domestic business. - FY2017-Q1MaterialisedAnnual report
「The domestic business reported lower revenue and profit year on year due to the impact of the yen's appreciation.」
The yen's appreciation led to lower revenue and profit in the domestic business, and a foreign exchange loss of ¥237 million was recorded in the income statement. - FY2016First statedAnnual report
「The Group conducts import and export transactions with overseas markets, and fluctuations in exchange rates in these transactions give rise to foreign exchange gains or losses.」
Foreign exchange risk arises from import and export transactions and yen-denominated loans to overseas subsidiaries. Forward exchange contracts are used solely to hedge foreign exchange risk.