Foreign-exchange risk associated with overseas operations
First written in FY2016. 4 of 16 entries say "Restated". Latest entry: 2026-11-10.
Ecomic 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 2019: 28 of 51 companies on the "Worse" side.
10 other companies' latest entry also says "Materialised".
- 2026-11-10MaterialisedResults
「円安の影響により海外子会社の労務費が円換算ベースで増加したことや、賞与引当金の計上等の結果、売上原価並びに販売費及び一般管理費がともに前年同期を上回り、営業損失が拡大いたしました。」
円安による海外子会社の労務費の円換算額増加が費用増加要因として実績に現れている。 - FY2026MaterialisedAnnual report
「Foreign exchange loss 9,673」
The group recognized a ¥9.673 million loss related to foreign exchange fluctuations during the current consolidated fiscal year. The currency swap disclosed through the previous fiscal year was no longer applicable at the end of the current fiscal year, and the impact of foreign exchange fluctuations has appeared in the results. - FY2025RestatedAnnual report
「Our group monitors the impact of foreign exchange fluctuations on foreign-currency-denominated liabilities. It may also use currency swap transactions for foreign-currency-denominated borrowings to hedge against foreign exchange fluctuation risk.」
The group continued its RMB 6,000 thousand currency swap, and the derivative valuation gain at the end of the current fiscal year was ¥6.942 million. - FY2025-H1Foreign exchange gain and derivative valuation loss recognizedAnnual report
「Foreign exchange gain 2,816 Derivative valuation loss 904」
The group recognized a ¥2.816 million foreign exchange gain and a ¥904 thousand derivative valuation loss as non-operating income and expenses during the current interim consolidated accounting period. - FY2024MitigatedAnnual report
「Our group monitors the impact of foreign exchange fluctuations on foreign-currency-denominated liabilities. It may also use currency swap transactions for foreign-currency-denominated borrowings to hedge against foreign exchange fluctuation risk.」
While the company had previously stated that it did not hedge through forward exchange contracts or other instruments, this period it disclosed a policy of using currency swap transactions for foreign-currency-denominated borrowings and recognized a currency swap of RMB 6,000 thousand and a valuation gain of ¥7.399 million. - FY2024-Q3MaterialisedAnnual report
「Foreign exchange loss 2,864」
The group recognized a ¥2.864 million foreign exchange loss as a non-operating expense for the nine-month period of the third quarter of the consolidated fiscal year, with losses related to foreign exchange fluctuations appearing in its results. - FY2023RestatedAnnual report
「Our group monitors the impact of foreign exchange fluctuations on foreign-currency-denominated liabilities. However, it does not hedge using forward exchange contracts or other instruments.」
The group continues its policy of monitoring foreign exchange fluctuations in foreign-currency-denominated liabilities without hedging through forward exchange contracts or other instruments. - FY2021WorsenedAnnual report
「Our group monitors the impact of foreign exchange fluctuations on foreign-currency-denominated liabilities. However, it does not hedge using forward exchange contracts or other instruments.」
Previously, the company disclosed mitigation through forward exchange contracts, but this period it states that it does not hedge using forward exchange contracts or other instruments, indicating that its approach to foreign exchange fluctuations has weakened. - FY2021-Q1MitigatedAnnual report
「Forward exchange contracts 566 －」
The balance of forward exchange contracts fell from ¥566 thousand at the end of the previous consolidated fiscal year to zero at the end of the current quarter, reducing the outstanding balance of forward exchange contracts. - FY2020MitigatedAnnual report
「Forward exchange transactions Sell Chinese yuan 36,900」
The notional amount of forward exchange contracts sold against Chinese yuan decreased from ¥76.908 million in the previous fiscal year to ¥36.900 million, reducing the scale of foreign exchange exposure year on year. - FY2019WorsenedAnnual report
「Forward exchange transactions Sell Chinese yuan 76,908」
The notional amount of forward exchange contracts sold against Chinese yuan increased to ¥76.908 million from ¥61.987 million in the previous fiscal year. The group continues to address foreign exchange fluctuations, but the scale of its foreign currency exposure has expanded. - FY2018WorsenedAnnual report
「Forward exchange transactions Sell Chinese yuan 61,987」
The notional amount of forward exchange contracts sold against Chinese yuan increased to ¥61.987 million from ¥27.500 million in the previous fiscal year. The group continues to address foreign exchange fluctuation risk, but the scale of its foreign currency exposure has expanded. - FY2017RestatedAnnual report
「Trade receivables denominated in foreign currencies arising from overseas business are exposed to foreign exchange risk.」
The group continues its policy of mitigating foreign exchange fluctuation risk on foreign-currency-denominated trade receivables arising from its overseas business through forward exchange contracts. - FY2016First statedAnnual report
「Trade receivables denominated in foreign currencies arising from overseas business are exposed to foreign exchange risk.」
The group uses forward exchange contracts for foreign-currency-denominated liabilities and seeks to mitigate the risk.