Impact of Philippine peso exchange-rate movements on costs and profit
First written in FY2017-Q1. 11 of 28 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Foreign exchange gains decreasedAnnual report
「This was mainly due to decreases in foreign exchange gains and gains on investment partnership operations.」
Foreign exchange gains included in non-operating income decreased from ¥21.333 million in the previous fiscal year to ¥9.315 million. - FY2025-H1Shift from foreign-exchange losses to gainsAnnual report
「Foreign exchange gains — 40,626」
Foreign exchange gains of ¥40.626 million were recorded for the current six-month consolidated period, turning the impact of foreign exchange from foreign exchange losses of ¥65.310 million in the same six-month period of the previous year into a contribution to profit. - FY2024-Q3Increase in foreign exchange losses year on year (¥45.456 million)Annual report
「Foreign exchange losses 6,070 45,456」
Foreign exchange losses for the nine-month consolidated period increased from ¥6.070 million in the same period of the previous year to ¥45.456 million. - FY2024-Q2Increase in foreign exchange losses year on year (¥65.310 million)Annual report
「Foreign exchange losses 25,592 65,310」
Foreign exchange losses for the six-month consolidated period increased from ¥25.592 million in the same period of the previous year to ¥65.310 million. - FY2024-Q1Foreign-exchange loss increased year on yearAnnual report
「Foreign exchange losses 44,589 64,856」
Foreign exchange losses for the three-month period of the first quarter increased from ¥44.589 million in the same period of the previous year to ¥64.856 million. - FY2023-Q3Turnaround from foreign exchange gains in the same period of the previous year to foreign exchange losses (nine-month period)Annual report
「Foreign exchange losses — 6,070」
Foreign exchange gains of ¥4.035 million in the same period of the previous year turned into foreign exchange losses of ¥6.070 million for the nine-month consolidated period. - FY2023-Q2Turnaround from foreign exchange gains in the same period of the previous year to foreign exchange lossesAnnual report
「Foreign exchange losses — 25,592」
Foreign exchange losses for the six-month period of the second quarter amounted to ¥25.592 million, turning from foreign exchange gains of ¥34.816 million in the same period of the previous year. - FY2023-Q1Turnaround from foreign exchange gains in the same period of the previous year to foreign exchange lossesAnnual report
「Foreign exchange losses — 44,589」
Foreign exchange gains of ¥143 thousand in the same period of the previous year turned into foreign exchange losses of ¥44.589 million in the first quarter. - FY2022-Q3Turnaround from foreign exchange losses in the same period of the previous year to foreign exchange gainsAnnual report
「Foreign exchange gains — 4,035」
Non-operating income (loss) for the nine-month period turned from foreign exchange losses of ¥14.033 million in the same period of the previous year to foreign exchange gains of ¥4.035 million in the current period. - FY2022-Q2Foreign-Exchange Gains IncreaseAnnual report
「Foreign exchange gains — 34,816」
Foreign exchange losses of ¥19.199 million in the same period of the previous year turned into foreign exchange gains of ¥34.816 million for the six-month period of the second quarter, expanding the shift in the impact of foreign exchange to a contribution to profit. - FY2022-Q1Shift from foreign-exchange losses to gainsAnnual report
「Foreign exchange gains — 143」
Foreign exchange losses of ¥10.377 million in the same quarter of the previous year turned into foreign exchange gains of ¥143 thousand in the first quarter. - FY2021-Q3Decrease in foreign exchange losses for the nine-month periodAnnual report
「Foreign exchange losses 17,849 14,033」
Foreign exchange losses for the nine-month period decreased from ¥17.849 million in the same period of the previous year to ¥14.033 million. - FY2021-Q2Foreign exchange losses incurred in the first halfAnnual report
「Foreign exchange losses — 19,199」
Foreign exchange losses of ¥19.199 million were recorded as non-operating expenses for the six-month period of the second quarter, compared with none in the same period of the previous year. - FY2021-Q1Increase in quarterly foreign exchange lossesAnnual report
「Foreign exchange losses 2,594 10,377」
Foreign exchange losses included in non-operating expenses increased from ¥2.594 million in the same quarter of the previous year to ¥10.377 million in the current quarter. - FY2020Foreign exchange losses decreasedAnnual report
「This was mainly due to the recognition of lease interest expense and losses on investment partnership operations, despite a decrease in foreign exchange losses, among other factors.」
Disclosure that foreign exchange losses included in non-operating expenses decreased from the previous fiscal year. - FY2020-Q2RestatedAnnual report
「The Philippine peso has continued to remain on a yen-strengthening trend and benefited costs, allowing the company to absorb the higher expenses associated with strengthening the workforce to meet growing development demand; segment profit has remained above plan.」
Continued disclosure of the pattern in which the cost benefit from the yen-strengthening trend against the Philippine peso absorbed the expenses for strengthening the workforce and drove Global Business profit above plan. - FY2020-Q1RestatedAnnual report
「The Philippine peso has continued to remain on a yen-strengthening trend and benefited costs, allowing the company to absorb the higher expenses associated with strengthening the workforce to meet growing development demand; segment profit has remained above plan.」
Continued disclosure of the pattern in which the cost benefit at overseas subsidiaries from the yen-strengthening trend against the Philippine peso absorbed the expenses for strengthening the workforce and contributed to segment profit exceeding plan. - FY2019-Q3RestatedAnnual report
「Against this backdrop, in addition to steady sales, the Philippine peso remained on a yen-strengthening trend beyond expectations and benefited costs, among other factors, allowing the company to absorb the higher personnel expenses from actively strengthening staffing for new solution development and the expenses associated with the 25th anniversary events in the Philippines; segment profit has remained above plan.」
Continued disclosure of the pattern in which the cost benefit from the Philippine peso remaining on a yen-strengthening trend beyond expectations has driven profit above plan despite expenses for strengthening the workforce and the 25th anniversary events. - FY2019-Q2RestatedAnnual report
「Against this backdrop, in addition to steady sales in the Global Business, the Philippine peso remained on a yen-strengthening trend beyond expectations and benefited costs, among other factors, allowing the company to absorb the higher personnel expenses from actively strengthening staffing for new solution development and the expenses associated with the 25th anniversary events in the Philippines; segment profit has remained above plan.」
Disclosure that the cost benefit from the Philippine peso remaining on a yen-strengthening trend beyond expectations contributed to segment profit exceeding plan despite expenses for strengthening the workforce and the 25th anniversary events. - FY2019-Q1RestatedAnnual report
「As the Philippine peso remained on a yen-strengthening trend beyond expectations and benefited costs, segment profit has remained above plan after absorbing the higher personnel expenses from actively strengthening staffing for new solution development and the expenses associated with the 25th anniversary events in the Philippines.」
Disclosure that the yen-strengthening trend against the Philippine peso benefited costs, allowing the company to absorb expenses for strengthening the workforce and the 25th anniversary events, and segment profit to exceed plan. - FY2018RestatedAnnual report
「Segment profit was below the previous fiscal year, as the Philippine peso remained on a yen-strengthening trend and benefited costs, while personnel expenses increased as the company actively strengthened staffing at development sites for new solution development and new customer acquisition, and growth investments for the future, including the aforementioned opening of a combined headquarters and development center, affected results.」
The cost benefit from the yen strengthening against the Philippine peso is presented alongside the impact on profit from growth investments and higher personnel expenses. - FY2018-Q3RestatedAnnual report
「Although costs have increased due to development investments in the Solutions Business, the expanded workforce and front-loaded investments, including the aforementioned opening of a combined headquarters and development center, higher utilization resulting from sharing personnel across departments and the cost savings on personnel and other expenses at overseas subsidiaries, resulting from the Philippine peso remaining on a yen-strengthening trend, have contributed, and segment operating expenses are progressing below plan.」
Continued disclosure of the cost increases from front-loaded investments and the expanded workforce, alongside the contribution from sharing personnel across departments and the cost savings resulting from the yen-strengthening trend against the Philippine peso. - FY2018-Q2RestatedAnnual report
「Although costs have increased and utilization has temporarily declined due to development investments in the Solutions Business, the expanded workforce and front-loaded investments, including the aforementioned opening of a combined headquarters and development center, the cost savings on personnel and other expenses at overseas subsidiaries, resulting from the Philippine peso remaining on a yen-strengthening trend, have contributed, and segment operating expenses are progressing below plan.」
Continued disclosure of the cost increases from front-loaded investments and the expanded workforce, as well as the temporary decline in utilization, alongside the cost savings on personnel and other expenses resulting from the yen-strengthening trend against the Philippine peso. - FY2018-Q1RestatedAnnual report
「Although costs have increased due to the expansion of the workforce and front-loaded investments, including the aforementioned opening of a combined headquarters and development center, the cost savings on personnel and other expenses at overseas subsidiaries, resulting from the Philippine peso remaining on a yen-strengthening trend, have contributed, and segment operating expenses have remained below plan.」
Continued disclosure of the cost increases from front-loaded investments and the expanded workforce, alongside the cost savings on personnel and other expenses at overseas subsidiaries resulting from the yen-strengthening trend against the Philippine peso. - FY2017RestatedAnnual report
「In addition, during the consolidated fiscal year under review, the Philippine peso exchange rate remained on a yen-appreciation trend, reducing personnel and other costs at overseas subsidiaries and contributing to higher profit in the global business.」
For the fiscal year as a whole, the disclosure cited the yen-appreciation trend against the Philippine peso as reducing costs at overseas subsidiaries and increasing profit. - FY2017-Q3The trend changed from yen appreciation to a sharp depreciation of the yen, resulting in foreign exchange losses.Annual report
「In addition, during the third quarter of the consolidated fiscal year under review, foreign exchange losses arising from the revaluation of accounts receivable and other items at subsidiaries, due to the Philippine peso exchange rate shifting sharply toward yen depreciation, temporarily weighed on profit.」
The impact changed from cost reductions and higher profit due to yen appreciation through the previous quarter to foreign exchange losses caused by the sharp depreciation of the yen, which temporarily weighed on profit. - FY2017-Q2RestatedAnnual report
「In addition, during the first six months of the consolidated fiscal year under review, the Philippine peso exchange rate remained on a yen-appreciation trend, reducing personnel and other costs at overseas subsidiaries and contributing to higher profit in the global business.」
The yen-appreciation trend against the Philippine peso continued to be cited as a factor reducing costs at overseas subsidiaries and increasing profit in the global business. - FY2017-Q1First statedAnnual report
「In addition, during the first quarter of the consolidated fiscal year under review, the Philippine peso exchange rate remained on a yen-appreciation trend, reducing personnel and other costs at overseas subsidiaries and contributing to higher profit in the global business.」
The Philippine peso exchange-rate trend affected personnel and other costs at overseas subsidiaries and profit in the global business.