Exposure to Overseas Sales and Exchange-Rate Fluctuations
First written in FY2016. 15 of 37 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-10-23.
Tokai Senko K.K. moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 29 of 63 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2026RaisedAnnual report
「Imported apparel products, which account for the majority of our Group's product sales, comprise products made at overseas sewing factories using textiles processed by our Group and products imported directly from overseas sewing factories. In both cases, production is primarily outsourced overseas.」
Overseas sales accounted for 29.9% of sales in the current consolidated fiscal year, up from 29.4% in the previous fiscal year. Exposure to overseas transactions and overseas production is increasing. - 2026-06-04MaterialisedGeneral Meetings of Shareholders
「Foreign exchange gains were ¥32 million.」
The impact of foreign exchange was reflected in profit as non-operating income for the fiscal year. The foreign currency translation adjustment also moved from negative ¥498.944 million at the end of the previous fiscal year to negative ¥547.445 million. - FY2026-H1MaterialisedAnnual report
「Foreign exchange loss ¥24.657 million」
Foreign exchange gains in the same period of the previous year turned into a foreign exchange loss, with foreign exchange exposure reflected in profit or loss. Net assets also decreased by ¥127 million due to the foreign currency translation adjustment. - FY2025RaisedAnnual report
「Although indirect exports, which do not involve direct foreign exchange risk, are the main focus, overseas sales accounted for 29.4% of sales in the current consolidated fiscal year.」
The overseas sales ratio rose from 26.7% in the previous fiscal year to 29.4%, increasing exposure to overseas transactions and foreign exchange. - FY2025-H1Foreign exchange gains and increase in foreign currency translation adjustmentAnnual report
「Net assets totaled ¥8,018 million, up 0.1% or ¥8 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥20 million from interim net income attributable to owners of the parent, a decrease of ¥63 million from dividend payments, a decrease of ¥198 million in valuation difference on available-for-sale securities, and an increase of ¥122 million in the foreign currency translation adjustment.」
In addition to the ¥122 million increase in the foreign currency translation adjustment, profit or loss included a foreign exchange gain of ¥70.783 million, reflecting the impact of overseas operations and foreign exchange on net assets and profit or loss. - FY2024Lower overseas sales ratio, increase in foreign currency translation adjustmentAnnual report
「Although indirect exports without direct foreign exchange fluctuation risk account for the majority, overseas sales accounted for 26.7% of the consolidated fiscal year.」
The overseas sales ratio declined from 30.9% in the previous fiscal year to 26.7%, while the foreign currency translation adjustment increased by ¥123.982 million, reflecting the impact of overseas operations and foreign exchange on net assets. - FY2024-Q3MaterialisedAnnual report
「Net assets were ¥7,795 million, up 6.5%, or ¥478 million, from the end of the previous consolidated fiscal year. This was mainly attributable to a decrease of ¥30 million due to quarterly net loss attributable to owners of the parent, a decrease of ¥63 million due to dividend payments, a ¥266 million increase in the valuation difference on available-for-sale securities, and an increase of ¥196 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥196 million, with the impact of overseas operations and foreign currency translation appearing as a factor contributing to changes in net assets. - FY2024-Q2MaterialisedAnnual report
「This was mainly attributable to a decrease of ¥89 million due to quarterly net loss attributable to owners of the parent, a decrease of ¥63 million due to dividend payments, a ¥301 million increase in the valuation difference on available-for-sale securities, and an increase of ¥195 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥195 million, with the impact of overseas operations and foreign currency translation appearing as a factor contributing to changes in net assets. - FY2024-Q1MaterialisedAnnual report
「Non-operating expenses Foreign exchange loss ¥33.713 million」
A foreign exchange loss of ¥33.713 million was recorded in the first quarter, with the foreign exchange exposure associated with overseas sales and production appearing in profit and loss. In addition, the foreign currency translation adjustment increased by ¥72 million. - FY2023RaisedAnnual report
「Although indirect exports without direct foreign exchange fluctuation risk account for the majority, overseas sales accounted for 30.9% of the consolidated fiscal year.」
The overseas sales ratio rose from 26.6% in the previous fiscal year to 30.9%, expanding exposure to overseas transactions and foreign exchange. - FY2023-Q3Increase in the Foreign Currency Translation AdjustmentAnnual report
「This was mainly attributable to a decrease of ¥45 million due to quarterly net loss attributable to owners of the parent, a decrease of ¥64 million due to dividend payments, a ¥158 million increase in the valuation difference on available-for-sale securities, and an increase of ¥219 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥219 million, with the impact of overseas operations and foreign currency translation appearing as a factor increasing net assets. - FY2023-Q2Increase in the Foreign Currency Translation AdjustmentAnnual report
「This was mainly attributable to a decrease of ¥187 million due to quarterly net loss attributable to owners of the parent, a decrease of ¥64 million due to dividend payments, a ¥90 million increase in the valuation difference on available-for-sale securities, and an increase of ¥180 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥180 million, with the impact of overseas operations and foreign currency translation appearing as a factor increasing net assets. - FY2023-Q1Continued increase in the foreign currency translation adjustmentAnnual report
「This was mainly attributable to a decrease of ¥103 million due to quarterly net loss attributable to owners of the parent, a decrease of ¥64 million due to dividend payments, an ¥83 million increase in the valuation difference on available-for-sale securities, and an ¥86 million increase in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment, which reflects the impact of overseas operations and foreign currency translation, increased by ¥86 million and appeared as a factor increasing net assets. - FY2022Lower overseas sales ratio, increase in foreign currency translation adjustmentAnnual report
「Overseas sales accounted for 26.6% of the consolidated fiscal year.」
While the overseas sales ratio fell from 30.7% in the previous fiscal year to 26.6%, the foreign currency translation adjustment increased by ¥100 million, with the foreign exchange impact appearing as a factor increasing net assets. - FY2022-Q3Increase in foreign currency translation adjustmentAnnual report
「This was mainly attributable to an increase of ¥68 million due to quarterly net income attributable to owners of the parent, a decrease of ¥64 million due to dividend payments, a ¥41 million decrease in the valuation difference on available-for-sale securities accompanying the fair-value measurement of investment securities, an increase of ¥59 million in the foreign currency translation adjustment, and an increase of ¥113 million in non-controlling interests, among other factors.」
The foreign currency translation adjustment increased by ¥59 million, appearing as a factor increasing net assets in the quarter in addition to the foreign exchange impact through the previous quarter. - FY2022-Q2RestatedAnnual report
「Foreign exchange gain ¥10.909 million. This was mainly attributable to an increase of ¥7 million due to quarterly net income attributable to owners of the parent, a decrease of ¥64 million due to dividend payments, an ¥11 million decrease in the valuation difference on available-for-sale securities accompanying the fair-value measurement of investment securities, an increase of ¥47 million in the foreign currency translation adjustment, and an increase of ¥76 million in non-controlling interests, among other factors.」
Foreign exchange gains continued to be recorded, and the foreign currency translation adjustment also increased by ¥47 million, with the foreign exchange impact appearing in both profit and loss and net assets. - FY2022-Q1Increase in foreign currency translation adjustment, continued foreign exchange gainsAnnual report
「Foreign exchange gain ¥12.759 million. This was mainly attributable to a decrease of ¥28 million due to quarterly net loss attributable to owners of the parent, a decrease of ¥64 million due to dividend payments, an increase of ¥58 million in the foreign currency translation adjustment, and an increase of ¥68 million in non-controlling interests, among other factors.」
Foreign exchange gains continued, while the foreign currency translation adjustment increased by ¥58 million, changing from the declining trend through the previous quarter. - FY2021-Q3Continued foreign exchange gains, declining foreign currency translation adjustmentAnnual report
「This was mainly attributable to a decrease of ¥186 million due to the recording of quarterly net loss attributable to owners of the parent, a decrease of ¥64 million due to dividend payments, a ¥76 million increase in the valuation difference on available-for-sale securities accompanying the fair-value measurement of investment securities, a ¥123 million decrease in the foreign currency translation adjustment, and a ¥246 million decrease in non-controlling interests, among other factors.」
While a foreign exchange gain was recorded, the foreign currency translation adjustment decreased by ¥123 million, and the impact of overseas operations and foreign currency translation continued to appear in net assets. - FY2021-Q2Reversal in foreign exchange gains and lossesAnnual report
「Foreign exchange gain ¥37.376 million」
The foreign exchange loss recorded in the same period of the previous year turned into a foreign exchange gain in the cumulative second-quarter period. Meanwhile, the foreign currency translation adjustment decreased by ¥52 million. - FY2021-Q1MaterialisedAnnual report
「Net assets were ¥6,694 million, down 7.0%, or ¥501 million, from the end of the previous consolidated fiscal year. This was mainly attributable to a decrease of ¥73 million from quarterly net loss attributable to owners of the parent, a decrease of ¥64 million due to dividend payments, and a ¥190 million decrease in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment decreased by ¥190 million, with the foreign exchange impact of overseas operations and foreign currency translation appearing in actual results as a factor reducing net assets. - FY2020RaisedAnnual report
「Although indirect exports without direct foreign exchange fluctuation risk account for the majority, overseas sales accounted for 30.7% of the consolidated fiscal year.」
The overseas sales ratio rose from 29.8% in the previous fiscal year to 30.7%, expanding exposure to overseas transactions and foreign exchange. - FY2020-Q3MaterialisedAnnual report
「Foreign exchange loss ¥17.571 million」
A foreign exchange loss of ¥17.571 million was recorded for the cumulative third-quarter period, showing the actual effect of foreign exchange exposure on profit and loss. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss ¥23.097 million」
A foreign exchange loss of ¥23.097 million was recorded for the cumulative second-quarter period, showing the actual effect of foreign exchange exposure on profit and loss. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss ¥18.257 million」
A foreign exchange loss was recorded in the first quarter, showing the actual effect of foreign exchange exposure on profit and loss. - FY2019RaisedAnnual report
「Overseas sales accounted for 29.8% of the consolidated fiscal year.」
The overseas sales ratio rose from the previously reported 27.5% to 29.8%, expanding exposure to overseas transactions and foreign exchange. - FY2019-Q3RestatedAnnual report
「The Indonesian subsidiary actively captured strong domestic demand, increasing sales volume and generating higher revenue in local-currency terms, but the weaker local currency resulted in lower revenue when translated into yen」
The foreign exchange impact continued to result in lower consolidated revenue because of the weaker local currency, even when revenue and sales volume increased in Indonesia in local-currency terms. - FY2019-Q2MaterialisedAnnual report
「At the Indonesian subsidiary, local demand remained strong and sales volume increased. Although revenue rose in local-currency terms, it declined because of the weaker local currency.」
Although revenue and sales volume increased in Indonesia in local-currency terms, consolidated revenue declined because of the weaker local currency, showing the impact of foreign exchange exposure on performance. - FY2019-Q1MaterialisedAnnual report
「At the Indonesian subsidiary, sales volume increased as orders for the domestic market for the Lebaran season were captured, but revenue declined because of the weaker local currency.」
While sales volume increased in Indonesia, revenue declined because of the weaker local currency and the impact of foreign currency translation, showing the actual effect of foreign exchange exposure on performance. - FY2018-Q3MaterialisedAnnual report
「Net assets were ¥8,043 million, up 7.6%, or ¥569 million, from the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥286 million from quarterly net income attributable to owners of the parent, a decrease of ¥150 million due to dividend payments, a ¥350 million increase in the valuation difference on available-for-sale securities accompanying the fair-value measurement of investment securities, a ¥9 million decrease in the foreign currency translation adjustment, and an ¥82 million increase in non-controlling interests, among other factors.」
The foreign currency translation adjustment decreased by ¥9 million, with the foreign exchange impact of overseas operations and foreign currency translation appearing as a factor contributing to changes in net assets. - FY2018-Q1MaterialisedAnnual report
「Net assets were ¥7,436 million, down 0.5%, or ¥37 million, from the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥60 million from quarterly net income attributable to owners of the parent, a decrease of ¥150 million due to dividend payments, a ¥90 million increase in the valuation difference on available-for-sale securities accompanying the fair-value measurement of investment securities, and a ¥27 million decrease in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment decreased by ¥27 million, with the foreign exchange impact of overseas operations and foreign currency translation appearing in actual results as a factor reducing net assets. - FY2017WorsenedAnnual report
「Although indirect exports without direct foreign exchange fluctuation risk account for the majority, overseas sales accounted for 27.5% of the consolidated fiscal year. Imported apparel, which accounts for the bulk of the Group's product sales, consists of products made from textiles processed by the Group at overseas sewing factories and products imported directly from overseas sewing factories, with both categories primarily produced under outsourcing arrangements overseas.」
The overseas sales ratio rose from 26.7% in the previous fiscal year to 27.5%, expanding exposure including production outsourced overseas. - FY2017-Q3MaterialisedAnnual report
「In addition to the downsizing of production in Bangladesh due to reduced sales plans among existing customers, political instability and unstable quality, the yen's relative depreciation caused import costs to swell and pressured earnings, resulting in poor performance.」
The weaker yen actually increased import costs, putting pressure on earnings in the sewn-products sales business. - FY2017-Q2WorsenedAnnual report
「Net assets were ¥6,530 million, down 2.2%, or ¥149 million, from the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥186 million from quarterly net income attributable to owners of the parent, a decrease of ¥153 million due to dividend payments, a ¥84 million decrease in the valuation difference on available-for-sale securities accompanying the fair-value measurement of investment securities, a ¥118 million decrease in the foreign currency translation adjustment, and a ¥16 million increase in non-controlling interests, among other factors.」
The foreign currency translation adjustment decreased by ¥118 million, with the foreign exchange impact of overseas operations and foreign currency translation appearing as a factor reducing net assets. - FY2017-Q1MaterialisedAnnual report
「This was mainly attributable to an increase of ¥115 million from net income attributable to owners of the parent, a decrease of ¥153 million due to dividend payments, a ¥193 million decrease in the valuation difference on available-for-sale securities accompanying the fair-value measurement of investment securities, and a ¥43 million decrease in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment decreased by ¥43 million, with the foreign exchange impact of overseas operations and foreign currency translation appearing as a change in net assets during the quarter. - FY2016First statedAnnual report
「Overseas sales accounted for 26.7% of the consolidated fiscal year. Imported apparel, which accounts for the bulk of the Group's product sales, consists of products made from textiles processed by the Group at overseas sewing factories and products imported directly from overseas sewing factories, with both categories primarily produced under outsourcing arrangements overseas.」
With overseas sales accounting for 26.7% and production outsourced overseas, the company recognizes foreign exchange fluctuation risks relating to foreign-currency-denominated assets and liabilities and forecast transactions.