Foreign exchange fluctuation risk from sales to South Korea and Taiwan and foreign-currency-denominated assets
First written in FY2016. 21 of 33 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2019: 29 of 59 companies on the "Worse" side.
16 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Foreign exchange gain - 5,578」
The current period produced a ¥5,578 thousand foreign exchange gain, reversing the loss in the previous fiscal year. Exposure to sales to South Korea and Taiwan and foreign-currency-denominated assets itself remains. - 2026-06-03RestatedGeneral Meetings of Shareholders
「また円安・韓国ウォン／台湾ドル高の恩恵を受ける当事業においては、為替の動向は今後も比較的安定的に推移するものと見込んでおります。」
半導体資材事業における円安・韓国ウォン高・台湾ドル高の恩恵と為替見通しを継続記載している。 - FY2026-H1MitigatedAnnual report
「Foreign exchange gain - 6,864」
Compared with the ¥4,751 thousand foreign exchange loss in the same period of the previous year, the interim consolidated accounting period produced a ¥6,864 thousand foreign exchange gain, shifting foreign exchange-related income and expenses from a loss to a gain. However, exposure to foreign-currency transactions and assets remains. - FY2025MaterialisedAnnual report
「Non-operating income and expenses resulted in a loss of ¥15 million, compared with income of ¥14 million in the previous fiscal year. This was mainly attributable to the recording of ¥14 million in interest expense and a ¥9 million foreign exchange loss as non-operating expenses.」
A ¥9 million foreign exchange loss arose during the current period against a backdrop including the trend toward yen appreciation. - FY2025-H1MaterialisedAnnual report
「During the interim consolidated accounting period, demand for semiconductor materials, which had shown signs of recovery during the first-quarter consolidated accounting period, declined in terms of sales, while market volatility was also observed in terms of profit as exchange rates temporarily moved toward yen appreciation,」
A temporary move in exchange rates toward yen appreciation occurred, and a ¥4,751 thousand foreign exchange loss was recorded during the interim consolidated accounting period. - FY2024RestatedAnnual report
「For this business, which benefits from yen depreciation and South Korean won and Taiwan dollar appreciation, exchange rates are expected to continue moving on a yen-depreciation trend.」
The outlook remains that the semiconductor materials business will benefit from yen depreciation and South Korean won and Taiwan dollar appreciation, and the current period included a ¥13 million foreign exchange gain. - FY2024-Q3RestatedAnnual report
「For this business, which benefits from yen depreciation and South Korean won and Taiwan dollar appreciation, exchange rates are expected to remain relatively favorable from the fourth-quarter consolidated accounting period onward.」
The outlook remains that the tailwind from yen depreciation and South Korean won and Taiwan dollar appreciation in the semiconductor materials business will continue to be relatively favorable from the fourth quarter onward. - FY2024-Q2MitigatedAnnual report
「In addition, benefiting from recent yen depreciation and South Korean won and Taiwan dollar appreciation, the Company recorded ordinary income exceeding operating income as a result of foreign exchange gains on foreign-currency-denominated deposits and other assets.」
Against a backdrop of yen depreciation and South Korean won and Taiwan dollar appreciation, foreign exchange gains of ¥14,558 thousand arose on foreign-currency-denominated deposits and other assets, and ordinary income exceeded operating income. Foreign exchange exposure remains, but the current quarter produced a gain rather than a loss. - FY2024-Q1MitigatedAnnual report
「As exchange rates are expected to remain relatively favorable from the second-quarter consolidated accounting period onward for this business, which benefits from yen depreciation and South Korean won and Taiwan dollar appreciation, the business is expected to fully benefit from these conditions and continue operating at a high profit level.」
The outlook was for the business to fully benefit on the export side from yen depreciation and South Korean won and Taiwan dollar appreciation, and the foreign exchange gain in the first quarter was ¥13,856 thousand. - FY2023-Q3Benefits to exports from yen depreciation were limited by the decline in volumeAnnual report
「In addition, the benefit to exports to South Korea and Taiwan from yen depreciation and South Korean won and Taiwan dollar appreciation was limited by a significant decline in shipment volume in the semiconductor materials business.」
Although the export tailwind from yen depreciation and South Korean won and Taiwan dollar appreciation remains, its benefit was limited by the significant decline in shipment volume. - FY2023-Q2MitigatedAnnual report
「Although the semiconductor materials business benefited from exports to South Korea and Taiwan due to yen depreciation and South Korean won and Taiwan dollar appreciation, the benefit was limited by a significant decline in shipment volume, resulting in a 3.6% year-on-year decrease in the gross profit margin.」
Although yen depreciation and South Korean won and Taiwan dollar appreciation provided a tailwind from foreign exchange movements, the benefit was limited by the decline in volume. The foreign exchange gain was ¥6,057 thousand. - FY2022MitigatedAnnual report
「Non-operating income and expenses resulted in income of ¥24 million, a decrease of ¥2 million, or 9.1% year on year, from ¥27 million in the previous fiscal year. This was mainly attributable to ¥7 million in foreign exchange gains and ¥42 million in subsidies as non-operating income, and the recording of ¥17 million in interest expense and ¥12 million in depreciation and amortization as non-operating expenses.」
Exposure to foreign exchange movements associated with sales to South Korea and Taiwan remains, but the current period produced a ¥7 million foreign exchange gain rather than a loss. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gain 4,145 2,723」
Following the ¥4,145 thousand foreign exchange gain in the same period of the previous year, the cumulative third-quarter period also produced a ¥2,723 thousand foreign exchange gain, and no foreign exchange loss arose. However, exposure to sales to South Korea and Taiwan and foreign-currency-denominated assets remains. - FY2022-Q2MitigatedAnnual report
「Sales grew significantly, up 26.8% year on year, due to the increased proportion of high-value-added products and a shift toward yen depreciation and South Korean won and Taiwan dollar appreciation.」
The shift toward yen depreciation and South Korean won and Taiwan dollar appreciation was cited as a factor driving sales growth, and the adverse impact of the previously existing foreign exchange loss risk did not appear in the results for the period. - FY2022-Q1MitigatedAnnual report
「Foreign exchange gain 2,604」
The cumulative first-quarter period produced a ¥2,604 thousand foreign exchange gain, an improvement from the foreign exchange loss in the same quarter of the previous year. However, exposure to foreign-currency-denominated assets itself remains. - FY2021-Q3MitigatedAnnual report
「Foreign exchange gain - 4,145」
Compared with the ¥2,735 thousand foreign exchange loss in the same quarter of the previous year, the cumulative third-quarter period produced a ¥4,145 thousand foreign exchange gain, and no foreign exchange loss arose. However, exposure to foreign-currency-denominated assets remains. - FY2021-Q2MitigatedAnnual report
「Foreign exchange gain - 1,563」
Compared with the ¥9,008 thousand foreign exchange loss in the same quarter of the previous year, the cumulative second-quarter period produced a ¥1,563 thousand foreign exchange gain, and no foreign exchange loss arose. However, exposure to foreign exchange movements itself remains. - FY2021-Q1MitigatedAnnual report
「Foreign exchange gain - 2,170」
Compared with the ¥5,557 thousand foreign exchange loss in the same quarter of the previous year, the first quarter produced a ¥2,170 thousand foreign exchange gain, and no foreign exchange loss arose. - FY2020MaterialisedAnnual report
「Non-operating income and expenses resulted in a loss of ¥30 million, compared with a loss of ¥15 million in the previous fiscal year. This was mainly attributable to ¥20 million in subsidies as non-operating income, and the recording of ¥27 million in depreciation and amortization, ¥17 million in interest expense and a ¥9 million foreign exchange loss as non-operating expenses.」
The impact of foreign exchange movements, centered on the semiconductor materials business, remained, and a ¥9 million foreign exchange loss arose during the current period. - FY2020-Q3MaterialisedAnnual report
「Foreign exchange loss 2,735」
A ¥2.735 million foreign exchange loss actually arose during the cumulative third-quarter period due to yen appreciation and South Korean won and Taiwan dollar depreciation. - FY2020-Q2MaterialisedAnnual report
「In addition, a ¥9 million foreign exchange loss, mainly in the semiconductor materials business, was recorded as a non-operating expense.」
A ¥9 million foreign exchange loss, mainly attributable to the semiconductor materials business, actually arose during the cumulative second-quarter period. - FY2020-Q1MaterialisedAnnual report
「In addition, a foreign exchange loss of approximately ¥5 million, mainly in the semiconductor materials business, was recorded.」
An approximately ¥5 million foreign exchange loss, mainly attributable to the semiconductor materials business, actually arose in the first quarter. - FY2019MitigatedAnnual report
「Non-operating income and expenses resulted in a loss of ¥15 million, compared with a loss of ¥51 million in the previous fiscal year. This was mainly attributable to ¥18 million in subsidy income as non-operating income, and the recording of ¥18 million in interest expense, a ¥7 million foreign exchange loss and ¥9 million in litigation-related expenses as non-operating expenses.」
The foreign exchange loss decreased from ¥8 million in the previous fiscal year to ¥7 million, but the loss itself continued to arise. - FY2019-Q2MitigatedAnnual report
「Foreign exchange gain - 380」
Compared with the ¥3,553 thousand foreign exchange loss in the same quarter of the previous year, the cumulative second-quarter period produced a ¥380 thousand foreign exchange gain, and no foreign exchange loss arose. - FY2019-Q1MitigatedAnnual report
「Foreign exchange gain - 670」
Compared with the ¥2,962 thousand foreign exchange loss in the same quarter of the previous year, the first quarter produced a ¥670 thousand foreign exchange gain, and no foreign exchange loss arose. - FY2018MitigatedAnnual report
「Non-operating income and expenses resulted in a loss of ¥51 million, compared with a loss of ¥44 million in the previous fiscal year. This was mainly attributable to the recording of ¥19 million in interest expense, ¥19 million in depreciation and amortization, and an ¥8 million foreign exchange loss.」
The foreign exchange loss was ¥8 million, down from ¥28 million in the previous fiscal year. The foreign exchange risk and loss themselves remain. - FY2018-Q2MitigatedAnnual report
「Foreign exchange loss 46,041 3,553」
Compared with the ¥46,041 thousand foreign exchange loss in the same quarter of the previous year, the loss decreased to ¥3,553 thousand during the cumulative second-quarter period. The foreign exchange loss itself remains. - FY2018-Q1MitigatedAnnual report
「Foreign exchange loss 56,046 2,962」
Compared with the ¥56,046 thousand foreign exchange loss in the same quarter of the previous year, the loss decreased to ¥2,962 thousand in the first quarter. The risk remains because a foreign exchange loss continued to arise. - FY2017MitigatedAnnual report
「Non-operating income and expenses resulted in a loss of ¥44 million, compared with a loss of ¥95 million in the previous fiscal year. This was mainly attributable to the recording of a ¥28 million foreign exchange loss.」
The foreign exchange loss was ¥28 million in the current fiscal year, down from ¥68 million in the previous fiscal year. - FY2017-Q3MitigatedAnnual report
「The ¥56 million foreign exchange loss recorded during the cumulative first-quarter period was reduced to ¥31 million during the cumulative third-quarter period.」
A foreign exchange loss resulting from yen appreciation and won and Taiwan dollar depreciation continued to arise, but it was reduced from ¥56 million to ¥31 million. - FY2017-Q2MitigatedAnnual report
「During the cumulative second-quarter period, the foreign exchange loss was reduced to ¥46 million, and ordinary income and quarterly net income attributable to owners of the parent turned positive.」
Foreign exchange losses due to yen appreciation and won and Taiwan dollar depreciation continued to arise, but the company stated that they had been reduced to ¥46 million through foreign-exchange-linked pricing and an increased production ratio in South Korea, among other measures. - FY2017-Q1MaterialisedAnnual report
「In addition, as the exchange rate at the end of the first quarter moved sharply toward yen appreciation and won and Taiwan dollar depreciation, a ¥56 million foreign exchange loss was recorded as a non-operating expense.」
As in the previous fiscal year, a foreign exchange loss arose from yen appreciation and won and Taiwan dollar depreciation, and ¥56 million was recorded in the current quarter. - FY2016First statedAnnual report
「More than 90% of the Group's semiconductor materials business sales are generated in South Korea and Taiwan, and the Group therefore holds foreign-currency-denominated assets. During the current consolidated fiscal year, the Group recorded a ¥68 million foreign exchange loss on foreign-currency-denominated assets, including deposits, due to yen appreciation and won and Taiwan dollar depreciation.」
The Group's dependence on overseas sales has been quantified, and a ¥68 million foreign exchange loss was actually incurred during the current period.