Foreign-exchange fluctuations related to overseas operations
First written in FY2016. 9 of 33 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Nippon Carbide Industries Company moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 14 of 28 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Increase in the foreign currency translation adjustment account and expansion of foreign-exchange gains due to the weaker yenAnnual report
「Of this, shareholders’ equity increased by ¥1,874 million from the end of the previous consolidated fiscal year to ¥27,262 million. Accumulated other comprehensive income increased by ¥862 million to ¥11,196 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen.」
The weaker yen increased the foreign currency translation adjustment account, and accumulated other comprehensive income rose by ¥862 million. The foreign exchange gain in profit or loss also increased from ¥1 million to ¥233 million. - FY2026-H1Decrease in the translation adjustment account due to the stronger yen, with foreign exchange gains increasingAnnual report
「Accumulated other comprehensive income decreased by ¥1,118 million from the end of the previous fiscal year to ¥9,214 million, mainly due to a decrease in the foreign currency translation adjustment account resulting from the stronger yen.」
The stronger yen reduced the foreign currency translation adjustment account, and accumulated other comprehensive income decreased by ¥1,118 million. Meanwhile, the company recorded a ¥156 million foreign exchange gain in profit or loss, up from ¥19 million in the same period of the previous year. - FY2025Increase in the translation adjustment account due to the weaker yen, with foreign exchange gains nearly disappearingAnnual report
「Of this, shareholders’ equity increased by ¥1,391 million from the end of the previous consolidated fiscal year to ¥25,388 million, mainly due to the recognition of net income attributable to owners of the parent. Accumulated other comprehensive income increased by ¥1,698 million to ¥10,333 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen.」
While the increase in the foreign currency translation adjustment account due to the weaker yen continued, the foreign exchange gain in profit or loss fell sharply from ¥545 million in the previous fiscal year to ¥1 million. - FY2024-Q3Increase in the translation adjustment account due to the weaker yen, with foreign exchange gains narrowingAnnual report
「Accumulated other comprehensive income increased by ¥1,452 million from the end of the previous fiscal year to ¥8,894 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen.」
The increase in the foreign currency translation adjustment account due to the weaker yen rose from ¥1,218 million in the previous quarter to ¥1,452 million. Meanwhile, the foreign exchange gain decreased from ¥422 million in the same period of the previous year to ¥335 million. - FY2024-Q2Increase in the translation adjustment account due to the weaker yen, with foreign exchange gains narrowingAnnual report
「Accumulated other comprehensive income increased by ¥1,218 million from the end of the previous fiscal year to ¥8,660 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen. Foreign exchange gain 532 426」
The increase in the foreign currency translation adjustment account resulting from the weaker yen continued, and accumulated other comprehensive income increased by ¥1,218 million from the end of the previous fiscal year. The company recorded a ¥426 million foreign exchange gain in profit or loss, down from ¥532 million in the same period of the previous year. - FY2024-Q1Increase in the translation adjustment account due to the weaker yen, with foreign exchange gains narrowingAnnual report
「Accumulated other comprehensive income increased by ¥274 million from the end of the previous fiscal year to ¥7,716 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen.」
The increase in the foreign currency translation adjustment account due to the weaker yen continued, and accumulated other comprehensive income increased by ¥274 million from the end of the previous fiscal year. The company recorded a ¥256 million foreign exchange gain in profit or loss, down from ¥322 million in the same quarter of the previous year. - FY2023Increase in the foreign currency translation adjustment account due to yen depreciation; foreign-exchange gains continueAnnual report
「Accumulated other comprehensive income increased by ¥669 million from the end of the previous consolidated fiscal year to ¥7,441 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen.」
The increase in the foreign currency translation adjustment account resulting from the weaker yen contributed to the increase in net assets. The company also recorded a ¥448 million foreign exchange gain in profit or loss. - FY2023-Q3Further increase in the translation adjustment account due to the weaker yen, with foreign exchange gains continuingAnnual report
「Accumulated other comprehensive income increased by ¥2,297 million from the end of the previous fiscal year to ¥9,069 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen.」
The increase in the foreign currency translation adjustment account resulting from the weaker yen rose from ¥765 million in the previous quarter to ¥2,297 million. The company also recorded a ¥422 million foreign exchange gain in profit or loss, with the impact of the weaker yen continuing to affect both net assets and profit or loss. - FY2023-Q2Continued increases in foreign currency gains and the translation adjustment account due to the weaker yenAnnual report
「Accumulated other comprehensive income increased by ¥2,200 million from the end of the previous fiscal year to ¥8,973 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen.」
The weaker yen increased the foreign currency translation adjustment account by ¥2,200 million from the end of the previous fiscal year. The company also recorded a ¥532 million foreign exchange gain in profit or loss, with the weaker yen affecting both net assets and profit or loss. - FY2023-Q1Foreign-exchange gains due to yen depreciation; increase in the foreign currency translation adjustment accountAnnual report
「Of this, shareholders’ equity increased by ¥593 million from the end of the previous fiscal year to ¥24,139 million, mainly due to the recognition of net income attributable to owners of the parent. Accumulated other comprehensive income increased by ¥1,210 million to ¥7,982 million, mainly due to an increase in the foreign currency translation adjustment account resulting from the weaker yen.」
The ¥1,210 million increase from the end of the previous fiscal year in the foreign currency translation adjustment account resulting from the weaker yen contributed to the increase in net assets. The company also recorded a ¥322 million foreign exchange gain in profit or loss. - FY2022-Q3RestatedAnnual report
「Shareholders' equity increased by ¥1,924 million from the end of the previous fiscal year to ¥22,971 million, mainly due to increases in share capital and capital surplus from the exercise of share acquisition rights and the recognition of quarterly net income attributable to owners of the parent, despite a decrease from dividend payments. Accumulated other comprehensive income increased by ¥765 million from the end of the previous fiscal year to ¥6,662 million, mainly due to an increase in the foreign currency translation adjustment account associated with yen depreciation.」
The increase in the foreign currency translation adjustment account associated with yen depreciation continued, and accumulated other comprehensive income increased by ¥765 million from the end of the previous fiscal year. - FY2022-Q2Increase in the foreign currency translation adjustment account due to yen depreciation; foreign-exchange gains continueAnnual report
「Accumulated other comprehensive income increased by ¥824 million from the end of the previous fiscal year to ¥6,722 million, mainly due to an increase in the foreign currency translation adjustment account associated with yen depreciation.」
The foreign currency translation adjustment account increased by ¥824 million from the end of the previous fiscal year due to yen depreciation. A foreign-exchange gain of ¥115 million was also recorded in profit or loss. - FY2022-Q1Increase in the foreign currency translation adjustment account due to yen depreciation; foreign-exchange gainAnnual report
「Accumulated other comprehensive income increased by ¥753 million from the end of the previous fiscal year to ¥6,651 million, mainly due to an increase in the foreign currency translation adjustment account associated with yen depreciation. Foreign-exchange gain 22」
Unlike the decrease in the foreign currency translation adjustment account due to yen appreciation reported through the previous year, the account increased in the current quarter due to yen depreciation. A foreign-exchange gain of ¥22 million was also recorded in profit or loss. - FY2021Foreign-exchange gains coexist with a decrease in the foreign currency translation adjustment accountAnnual report
「The recognition of a foreign-exchange loss of ¥104 million in non-operating expenses in the previous consolidated fiscal year and a foreign-exchange gain of ¥285 million in non-operating income in the current consolidated fiscal year, among other factors, resulted in ordinary profit increasing by ¥35 million, or 1.3%, year on year to ¥2,852 million. The ordinary profit margin also increased to 6.8% from 6.0% in the previous consolidated fiscal year.」
In profit or loss, the foreign-exchange loss of ¥104 million in the previous year turned into a foreign-exchange gain of ¥285 million, while the foreign currency translation adjustment account decreased due to yen appreciation. - FY2021-Q3MaterialisedAnnual report
「Shareholders' equity increased by ¥1,088 million from the end of the previous fiscal year to ¥19,353 million, mainly due to increases in share capital and capital surplus from the exercise of share acquisition rights and the recognition of quarterly net income attributable to owners of the parent, despite a decrease from dividend payments. However, accumulated other comprehensive income decreased by ¥419 million to ¥5,756 million, mainly due to a decrease in the foreign currency translation adjustment account associated with yen appreciation.」
The decrease in the foreign currency translation adjustment account associated with yen appreciation actually occurred, and accumulated other comprehensive income decreased by ¥419 million from the end of the previous fiscal year. - FY2021-Q2MaterialisedAnnual report
「Shareholders' equity increased by ¥57 million from the end of the previous fiscal year to ¥18,323 million due to the exercise of share acquisition rights, despite a decrease from dividend payments. However, accumulated other comprehensive income decreased by ¥274 million to ¥5,901 million, mainly due to a decrease in the foreign currency translation adjustment account associated with yen appreciation.」
The decrease in the foreign currency translation adjustment account associated with yen appreciation actually occurred, and accumulated other comprehensive income decreased by ¥274 million from the end of the previous fiscal year. - FY2021-Q1MaterialisedAnnual report
「Shareholders' equity increased by ¥315 million from the end of the previous fiscal year to ¥18,580 million, mainly due to the exercise of share acquisition rights. However, accumulated other comprehensive income decreased by ¥492 million to ¥5,683 million, mainly due to a decrease in the foreign currency translation adjustment account associated with yen appreciation.」
The decrease in the foreign currency translation adjustment account associated with yen appreciation actually occurred, and accumulated other comprehensive income decreased by ¥492 million from the end of the previous fiscal year. - FY2020MitigatedAnnual report
「The Group enters into forward exchange contracts for certain transactions to reduce risk.」
As a specific response to foreign-exchange risk, the Group enters into forward exchange contracts for certain transactions. At the same time, it recorded a foreign-exchange loss of ¥104 million in the current period. - FY2020-Q3MaterialisedAnnual report
「Net assets as of the end of the third quarter of the current consolidated fiscal year increased by ¥617 million from the end of the previous fiscal year to ¥25,583 million, mainly because quarterly net income attributable to owners of the parent was recorded, despite a decrease in the foreign currency translation adjustment account due to yen appreciation.」
The decrease in the foreign currency translation adjustment account associated with yen appreciation actually occurred as a factor in the change in net assets. - FY2020-Q2WorsenedAnnual report
「Non-operating income Foreign-exchange gain 178 － Non-operating expenses Foreign-exchange loss － 122」
The foreign-exchange gain of ¥178 million in the same period of the previous year turned into a foreign-exchange loss of ¥122 million in the current cumulative quarter. The disclosure also notes a decrease in the foreign currency translation adjustment account due to yen appreciation, with exchange-rate effects appearing in both profit or loss and net assets. - FY2020-Q1MaterialisedAnnual report
「Foreign-exchange gain 44 － Non-operating expenses Interest expense 39 39 Foreign-exchange loss － 141」
The foreign-exchange gain of ¥44 million in the same period of the previous year turned into a foreign-exchange loss of ¥141 million in the current quarter, with the impact of exchange-rate fluctuations appearing in profit or loss. - FY2019Decrease in the foreign currency translation adjustment account due to yen appreciation; foreign-exchange gains continueAnnual report
「The recognition of a foreign-exchange loss of ¥91 million in non-operating expenses in the previous consolidated fiscal year and a foreign-exchange gain of ¥152 million in non-operating income in the current consolidated fiscal year, among other factors, limited the decline in ordinary profit to ¥256 million, or 7.6%, year on year, to ¥3,119 million.」
While the decrease in the foreign currency translation adjustment account associated with yen appreciation affected net assets, profit or loss shifted from a foreign-exchange loss in the previous year to a foreign-exchange gain of ¥152 million. - FY2019-Q2Decrease in the foreign currency translation adjustment account due to yen appreciation; foreign-exchange gains continueAnnual report
「Net assets as of the end of the second quarter of the current consolidated fiscal year increased by ¥1,089 million from the end of the previous fiscal year to ¥25,415 million, mainly because quarterly net income attributable to owners of the parent was recorded, despite a decrease in the foreign currency translation adjustment account due to yen appreciation.」
While the foreign currency translation adjustment account decreased due to yen appreciation, the income statement recorded a foreign-exchange gain of ¥178 million. - FY2019-Q1Foreign-exchange gains continue; foreign currency translation adjustment account decreases due to yen appreciationAnnual report
「Net assets as of the end of the first quarter of the current consolidated fiscal year increased by ¥238 million from the end of the previous fiscal year to ¥24,564 million, despite a decrease in the foreign currency translation adjustment account due to yen appreciation, mainly because quarterly net income attributable to owners of the parent was recorded.」
While yen appreciation caused an actual decrease in the foreign currency translation adjustment account, the income statement recorded a foreign-exchange gain of ¥44 million, indicating that exchange-rate effects moved differently in valuation and translation adjustments and in profit or loss. - FY2018WorsenedAnnual report
「Exchange-rate fluctuations affect the Group's operating results, financial position and future performance through the translation of the consolidated financial statements on the balance-sheet side, and through sales-price setting and purchase prices on the income-statement side. Foreign-exchange loss 91」
Although a foreign-exchange gain had been recorded on a quarterly basis, the full year resulted in a foreign-exchange loss of ¥91 million. This also increased from the previous year's foreign-exchange loss of ¥62 million. - FY2018-Q3MitigatedAnnual report
「The economy continued to recover moderately, with corporate earnings improving as the yen weakened. Foreign-exchange gain 143」
The disclosure cites the weaker-yen trend and a foreign-exchange gain of ¥143 million, indicating that the impact of exchange rates has continued to improve from the deterioration caused by yen appreciation and foreign-exchange losses through the previous year. - FY2018-Q2MitigatedAnnual report
「In Japan, income and employment conditions remained solid, and the economy continued to recover moderately, with corporate earnings improving amid the weaker-yen trend.」
Compared with a foreign-exchange loss of ¥285 million recorded in the same quarter of the previous year, the first six months of the current fiscal year recorded a foreign-exchange gain of ¥123 million, indicating an improvement in the impact of exchange rates from the deterioration caused by yen appreciation. - FY2018-Q1Improvement in foreign exchange effectsAnnual report
「In Japan, income and employment conditions remained solid, and the economy continued to recover moderately, with corporate earnings improving as the weaker-yen trend became established.」
Compared with a foreign-exchange loss of ¥251 million recorded in the same quarter of the previous year, the current quarter recorded a foreign-exchange gain of ¥59 million, indicating an improvement in the impact of exchange rates from the deterioration caused by yen appreciation. - FY2017MaterialisedAnnual report
「In the Group's functional products field, profitability improved due in part to lower raw-material prices, but results were affected by the prolonged market downturn in Southeast Asia. In the electronics and optical products field, signs of a recovery in demand were emerging, but sales declined in both fields, partly due to the impact of yen appreciation during the first half of the fiscal year.」
The disclosure states that yen appreciation during the first half of the fiscal year actually appeared in results as a factor behind lower sales in the electronics and optical products field and other businesses. - FY2017-Q3MaterialisedAnnual report
「In the electronics and optical products field and the construction and building-materials-related field, sales declined in both fields, partly due to shrinking demand and the impact of yen appreciation during the first half of the fiscal year.」
Yen appreciation continued to affect actual results as a factor behind lower revenue from electronics and optical products and other businesses. - FY2017-Q2MaterialisedAnnual report
「For the first six months of the current consolidated fiscal year, the Group recorded net sales of ¥22,543 million, down ¥3,076 million, or 12.0%, year on year, and operating profit of ¥987 million, up ¥229 million, or 30.3%. However, partly due to the recognition of foreign-exchange losses, ordinary profit declined by ¥138 million, or 15.5%, to ¥756 million, while the recognition of a provision for business losses as an extraordinary loss, among other factors, resulted in a quarterly net loss attributable to owners of the parent of ¥746 million, compared with quarterly net income attributable to owners of the parent of ¥448 million in the same period of the previous year.」
Foreign-exchange losses continued to actually contribute to the decline in ordinary profit, with the effects of yen appreciation and exchange-rate fluctuations appearing in results. - FY2017-Q1MaterialisedAnnual report
「Partly due to the impact of yen appreciation following the UK's withdrawal from the EU, ordinary profit was ¥321 million, down ¥385 million, or 54.5%, year on year, while quarterly net income attributable to owners of the parent was ¥169 million, down ¥364 million, or 68.2%.」
The disclosure states that foreign-exchange fluctuations actually contributed to the decreases in ordinary profit and quarterly net income attributable to owners of the parent. - FY2016First statedAnnual report
「Exchange-rate fluctuations affect the Group's operating results, financial position and future performance through the translation of the consolidated financial statements on the balance-sheet side, and through sales-price setting and purchase prices on the income-statement side.」
The risk relates not only to the translation of overseas subsidiaries but also to its impact on sales and purchase prices.