Foreign-Exchange Volatility Associated with Overseas Sales
First written in FY2016. 19 of 26 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2026.
Prestige International 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.
4 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The Group's overseas sales, primarily from its global business, were ¥3,337 million in the fiscal year ended March 2025, representing 5.2% of consolidated net sales, and ¥3,674 million in the fiscal year ending March 2026, representing 5.2%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
Overseas sales increased from ¥3,337 million to ¥3,674 million, updating foreign exchange exposure. For the full year, foreign exchange gains of ¥353 million were also recorded. - FY2025MitigatedAnnual report
「The Group's overseas sales, primarily from its global business, were ¥3,546 million in the fiscal year ended March 2024, representing 6.0% of consolidated net sales, and ¥3,337 million in the fiscal year ended March 2025, representing 5.2%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
Both the absolute amount of overseas sales and their share of consolidated net sales declined from the previous fiscal year, updating foreign exchange exposure. - FY2025-H1MaterialisedAnnual report
「In the Americas and Europe, new enrollments in the US credit card business remained solid, but revenue declined 4.6% year on year to ¥1,476 million due to sluggish card usage and foreign-exchange effects, including a temporary weakening of the dollar during the interim consolidated accounting period.」
Temporary foreign exchange effects, including a weaker dollar, actually contributed to the decline in sales in the Americas and Europe. - FY2024Higher overseas sales, lower percentageAnnual report
「The Group's overseas sales, primarily from its global business, were ¥3,366 million in the fiscal year ended March 2023, representing 6.2% of consolidated net sales, and ¥3,546 million in the fiscal year ended March 2024, representing 6.0%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
Although the absolute amount of overseas sales increased, their share of consolidated net sales declined from 6.2% to 6.0%, updating foreign exchange exposure. - FY2024-Q3MaterialisedAnnual report
「Foreign exchange losses 155,990」
Foreign exchange losses of ¥155.990 million were recorded during the nine-month period of the consolidated fiscal year, with foreign exchange movements actually affecting ordinary profit. - FY2024-Q2MaterialisedAnnual report
「Ordinary profit was ¥4,071 million, up 0.8% year on year, despite foreign exchange losses of ¥109 million, due mainly to ¥185 million in equity in earnings of affiliates.」
Foreign exchange losses of ¥109 million were incurred, with foreign exchange movements actually affecting ordinary profit. - FY2024-Q1MaterialisedAnnual report
「Ordinary profit was ¥1,965 million, up 0.5% year on year, despite foreign exchange losses of ¥33 million, due to ¥43 million in equity in earnings of affiliates.」
Foreign exchange losses of ¥33 million were incurred, with foreign exchange movements actually affecting ordinary profit in the first quarter. - FY2023-Q3MaterialisedAnnual report
「Ordinary profit was ¥6,342 million, up 22.8% year on year. This was despite foreign exchange losses of ¥169 million, as higher operating profit and improved earnings at equity-method affiliates more than offset them.」
Foreign exchange losses of ¥169 million were incurred, with the impact of foreign exchange movements reflected in ordinary profit for the nine-month period. - FY2023-Q2MaterialisedAnnual report
「In the Americas, revenue was strong, supported by a net increase in membership at the Japanese airline that is a client and by the weaker yen. The local business operated in Europe, which provides medical support including interpretation services accompanying patients to medical institutions, also performed well. Revenue was ¥1,473 million, up 51.3% year on year.」
It explains that the weaker yen actually affected results by contributing to higher sales in the Americas and Europe segment. - FY2023-Q1MaterialisedAnnual report
「Operating profit was ¥162 million, up 60.5% year on year, as higher sales more than offset the increase in expenses caused by the weaker yen.」
It states that the increase in expenses caused by the weaker yen affected operating profit in the Americas and Europe segment, with foreign exchange risk materializing in the results. - FY2022WorsenedAnnual report
「The Group's overseas sales, primarily from its global business, were ¥2,111 million in the fiscal year ended March 2021, representing 5.2% of consolidated net sales, and ¥2,735 million in the fiscal year ended March 2022, representing 5.9%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
Overseas sales increased from ¥2,111 million, or 5.2%, to ¥2,735 million, or 5.9%, expanding foreign exchange exposure. - FY2021MitigatedAnnual report
「The Group's overseas sales, primarily from its global business, were ¥2,939 million in the fiscal year ended March 2020, representing 6.9% of consolidated net sales, and ¥2,111 million in the fiscal year ended March 2021, representing 4.0%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
Foreign exchange exposure from overseas sales declined from ¥2,939 million, or 6.9%, to ¥2,111 million, or 4.0%. The foreign exchange risk itself continues to be disclosed. - FY2021-Q3MaterialisedAnnual report
「Ordinary profit was ¥4,000 million, down 1.6% year on year, due mainly to the recording of ¥56 million in foreign exchange losses.」
Foreign exchange losses of ¥56 million were recorded, affecting ordinary profit. - FY2021-Q2MaterialisedAnnual report
「Foreign exchange losses 31,743」
Foreign exchange losses of ¥31.743 million were recorded during the six-month period ended the second quarter, with the impact of foreign exchange movements becoming apparent in the results. - FY2020MitigatedAnnual report
「The Group's overseas sales, primarily from its customer support and insurance BPO businesses, were ¥2,939 million in the fiscal year ended March 2019, representing 7.9% of consolidated net sales, and ¥2,939 million in the fiscal year ended March 2020, representing 6.9%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
Overseas sales were unchanged at ¥2,939 million, but their share of consolidated net sales declined from 7.9% to 6.9%. - FY2019MaterialisedAnnual report
「The Group's overseas sales, primarily from its customer support and insurance BPO businesses, were ¥2,777 million in the fiscal year ended March 2018, representing 8.4% of consolidated net sales, and ¥2,939 million in the fiscal year ended March 2019, representing 7.9%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
Foreign exchange exposure from overseas sales was updated to ¥2,939 million, equivalent to 7.9% of consolidated net sales. - FY2019-Q2MaterialisedAnnual report
「The main negative factors included ¥387 million in foreign exchange gains and ¥927 million in corporate income taxes paid.」
Foreign exchange gains of ¥387 million were identified as a main negative factor in operating cash flow, indicating that foreign exchange movements affected the financial figures for the period. - FY2019-Q1MaterialisedAnnual report
「Ordinary profit was ¥1,022 million, down 0.6% year on year, due to the effects of foreign exchange gains and equity in losses of affiliates.」
Non-operating factors, including foreign exchange gains, affected ordinary profit, which declined 0.6% year on year. - FY2018MaterialisedAnnual report
「The Group's overseas sales, primarily from its customer support and insurance BPO businesses, were ¥2,535 million in the fiscal year ended March 2017, representing 8.6% of consolidated net sales, and ¥2,777 million in the fiscal year ended March 2018, representing 8.4%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
Overseas sales rose to ¥2,777 million, or 8.4% of consolidated net sales, updating the full-year foreign exchange exposure. Sales in the Americas and Europe declined 2.2% from the previous fiscal year due to foreign exchange effects. - FY2018-Q3MaterialisedAnnual report
「Ordinary profit was ¥3,122 million, up 4.9% year on year, supported by ¥140 million in equity in earnings of affiliates and foreign exchange gains.」
Foreign exchange gains contributed to ordinary profit, and the impact of foreign exchange movements on earnings continues to be reflected in the results. - FY2018-Q2MaterialisedAnnual report
「Ordinary profit was ¥1,972 million, down 12.1% year on year, due to the reversal of the ¥393 million in foreign exchange gains recorded in the second quarter of the previous fiscal year.」
The reversal of foreign exchange gains recorded in the same quarter of the previous year caused ordinary profit to decline 12.1% year on year, with the impact of foreign exchange factors on earnings becoming apparent in the results. - FY2018-Q1MaterialisedAnnual report
「Ordinary profit was ¥1,028 million, down 14.2% year on year, despite recording ¥80 million in foreign exchange gains, due to the reversal of the ¥279 million in foreign exchange gains recorded in the first quarter of the previous fiscal year.」
The reversal of foreign exchange gains recorded in the same quarter of the previous year caused ordinary profit in the current first quarter to decline 14.2% year on year. The risk that foreign exchange movements affect earnings has again materialized in the results. - FY2017RestatedAnnual report
「The Group's overseas sales, primarily from its customer support and insurance BPO businesses, were ¥2,447 million in the fiscal year ended March 2016, representing 9.0% of consolidated net sales, and ¥2,535 million in the fiscal year ended March 2017, representing 8.6%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
It discloses overseas sales of ¥2,535 million, equivalent to 8.6% of consolidated net sales, and the foreign exchange risk associated with foreign-currency transactions. - FY2017-Q3MaterialisedAnnual report
「In Asia and Oceania, the insurance BPO business performed steadily, but sales declined 2.5% year on year to ¥773 million due to foreign exchange movements.」
It states that foreign exchange movements caused sales in Asia and Oceania to decline 2.5% year on year. - FY2017-Q2MaterialisedAnnual report
「In the Americas and Europe, the insurance BPO business and credit card services for Japanese expatriates performed steadily. However, due to the stronger yen, sales were ¥1,096 million, down 10.5% year on year, and operating profit was ¥335 million, down 5.8%. In Asia and Oceania, the insurance BPO business also performed steadily, but sales declined 10.4% year on year to ¥454 million due to the stronger yen.」
It states that the stronger yen caused sales in the Americas and Europe and in Asia and Oceania, as well as operating profit, to decline year on year. - FY2016First statedAnnual report
「The Group's overseas sales, primarily from its customer support and insurance BPO businesses, were ¥2,499 million in the fiscal year ended March 2015, representing 10.2% of consolidated net sales, and ¥2,447 million in the fiscal year ended March 2016, representing 9.0%. Since most overseas sales are denominated in foreign currencies, fluctuations in exchange rates may affect the Group's operating performance and financial position.」
This shows overseas sales and their percentage of consolidated net sales, and explicitly identifies the foreign exchange impact of foreign-currency transactions as a risk.