Foreign exchange risk associated with expanding overseas sales
First written in FY2016. 13 of 30 entries say "Restated". Latest entry: FY2026.
Matsumoto Yushi-Seiyaku moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
51 other companies' latest entry also says "Other".
- FY2026Shift from Foreign-Exchange Losses to Foreign-Exchange GainsAnnual report
「Foreign exchange gain 1,226」
The foreign exchange impact on profit and loss reversed from a loss of ¥394 million in the previous year to a gain of ¥1,226 million in the current consolidated fiscal year. - FY2026-H1Shift from Foreign-Exchange Losses to Foreign-Exchange GainsAnnual report
「Foreign exchange gain 95」
Compared with a foreign exchange loss of ¥926 million in the same period of the previous year, the cumulative first half of the current consolidated fiscal year recorded a foreign exchange gain of ¥95 million, reversing the impact of foreign exchange fluctuations on profit and loss. - FY2025MaterialisedAnnual report
「Foreign exchange loss 394」
The foreign exchange impact on profit and loss reversed from a gain of ¥1,269 million in the previous year to a loss of ¥394 million in the current fiscal year, with the impact of foreign exchange fluctuations materializing over the full year. The company continued efforts to offset and avoid foreign exchange risk, but stated that it could not be completely avoided. quantified is true and materialized is true from this point onward. - FY2025-H1Change from foreign exchange gains to foreign exchange lossesAnnual report
「Foreign exchange loss 926」
Compared with a foreign exchange gain of ¥1,043 million in the same period of the previous year, the cumulative first half of the current consolidated fiscal year recorded a foreign exchange loss of ¥926 million, reversing the impact of foreign exchange fluctuations on profit and loss. - FY2024MaterialisedAnnual report
「As a result, the group's performance for the current consolidated fiscal year was as follows. Following the inclusion of the results of a Taiwanese subsidiary from the current period, sales were ¥41,526 million, up 4.8% year on year, and operating income was ¥8,758 million, up 12.6%. In addition, the company recorded a foreign exchange gain of ¥1,269 million from the revaluation of foreign-currency-denominated deposits and other items as the yen depreciated, resulting in ordinary income of ¥10,733 million, up 13.3% year on year.」
The company recorded a full-year foreign exchange gain of ¥1,269 million from the revaluation of foreign-currency-denominated deposits and other items as the yen depreciated, stating that the impact of foreign exchange fluctuations on results had actually materialized. - FY2024-Q3WorsenedAnnual report
「In Japan, sharp price increases and repeated volatility in foreign exchange markets further intensified uncertainty about the outlook.」
The company stated that repeated volatility in foreign exchange markets and rising prices had further intensified uncertainty about the outlook, indicating a deterioration in the external environment surrounding foreign exchange fluctuation risk. It also recorded a foreign exchange gain of ¥683 million. - FY2024-Q2MaterialisedAnnual report
「As a result, the group's performance for the cumulative first half of the current consolidated fiscal year was as follows. Following the inclusion of the results of a Taiwanese subsidiary from the current period, sales were ¥21,160 million, up 2.6% year on year, and operating income was ¥4,523 million, up 5.1%. Although the company recorded a foreign exchange gain of ¥1,043 million, the gain was lower than in the same period of the previous year, resulting in ordinary income of ¥5,958 million, down 4.7% year on year, and net income attributable to owners of the parent of ¥4,196 million, down 4.4%.」
The impact of yen depreciation and foreign exchange fluctuations continued, and the company recorded a foreign exchange gain of ¥1,043 million. However, this was down from ¥1,599 million in the same period of the previous year, and ordinary income and net income fell below the previous year's levels. - FY2024-Q1MaterialisedAnnual report
「Meanwhile, the environment surrounding the Japanese economy remains uncertain because of the continued depreciation of the yen resulting from the impact of monetary tightening accompanying global inflation, soaring raw material prices and the prolonged geopolitical risks brought to the fore by Russia's invasion of Ukraine.」
The yen continued to depreciate against a backdrop of monetary tightening and other factors, and the quarter recorded a foreign exchange gain of ¥713 million. The impact of foreign exchange fluctuations on results continued to be reflected in actual performance. - FY2023-Q3MaterialisedAnnual report
「During the cumulative nine-month consolidated period, the global economy saw an expansion in consumption and investment as governments moved to balance measures to prevent COVID-19 infections with economic activity. However, the economy has been cooling because of reduced automobile production caused by semiconductor shortages, soaring raw material prices, a sharp rise in prices, and interest-rate hikes by countries in response. In addition, there has been no sign of an end to the invasion of Ukraine by the Russian Federation. In Japan, sharp price increases and repeated volatility in foreign exchange markets further intensified uncertainty about the outlook.」
Foreign exchange markets actually experienced repeated volatility, and the increase in translated foreign-currency-denominated sales resulting from yen depreciation and a foreign exchange gain of ¥1,089 million were reflected in results. - FY2023-Q2MaterialisedAnnual report
「As a result, the group's performance for the cumulative first half of the current consolidated fiscal year was as follows. Sales were ¥20,630 million, up 18.1% year on year, due to an increase in foreign-currency-denominated sales resulting from the rapid depreciation of the yen. Operating income was ¥4,306 million, up 70.3% year on year, as higher product and raw material prices increased the value of ending inventories by ¥1,281 million from the previous fiscal year-end and improved the cost ratio, among other factors. Ordinary income was ¥6,252 million, up 103.9% year on year, due in part to a ¥1,599 million foreign exchange gain from the revaluation of foreign-currency-denominated deposits as the yen depreciated.」
The increase in foreign-currency-denominated sales resulting from the rapid depreciation of the yen and the ¥1,599 million foreign exchange gain from revaluing foreign-currency-denominated deposits were reflected in actual results. - FY2023-Q1WorsenedAnnual report
「In Japan, the number of infections declined and social activity moved toward normalization as vaccination rates rose as part of measures to prevent COVID-19 infections. However, the rapid movement of foreign exchange rates toward yen depreciation increased inflationary pressure, further intensifying uncertainty about the outlook.」
The company stated that rapid foreign exchange movements toward yen depreciation had increased inflationary pressure and uncertainty about the outlook, indicating concerns in the external environment related to foreign exchange fluctuations. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks, including foreign exchange fluctuation risk. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued its existing risk assessment, including foreign exchange fluctuation risk. - FY2021SoftenedAnnual report
「The overseas sales ratio has recently remained at a high level of more than 50%.」
The company continued to identify the high overseas sales ratio as a risk, but changed from specific figures such as 55.0% through the previous fiscal year to the expression "more than 50%," reducing the precision of the data. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued its existing risk assessment, including foreign exchange fluctuation risk. The cumulative nine-month period recorded a foreign exchange loss of ¥291 million. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued its existing risk assessment, including foreign exchange fluctuation risk. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued its existing risk assessment, including foreign exchange fluctuation risk. The cumulative first half recorded a foreign exchange gain of ¥16 million. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued its existing risk assessment, including foreign exchange fluctuation risk. The quarter recorded a foreign exchange loss of ¥18 million. - FY2019WorsenedAnnual report
「The group's overseas sales ratio has been increasing year by year, from 52.4% in the fiscal year ended March 2015 to 53.1% in the fiscal year ended March 2016, 53.3% in the fiscal year ended March 2017, 54.7% in the fiscal year ended March 2018 and 55.0% in the fiscal year ended March 2019, and is expected to remain high.」
The overseas sales ratio rose to 55.0%, increasing the group's exposure to foreign exchange fluctuations. The company continued to offset foreign-currency-denominated receivables and payables and make adjustments to currency conversion rates, but stated that the risk could not be completely avoided. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued its existing risk assessment, including foreign exchange fluctuation risk. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued to identify foreign exchange fluctuation risk as a fundamental risk. The second quarter recorded a foreign exchange gain of ¥830 million. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued to identify foreign exchange fluctuation risk as a fundamental risk. The quarter recorded a foreign exchange gain of ¥668 million. - FY2018WorsenedAnnual report
「The group's overseas sales ratio has been increasing year by year, from 53.1% in the fiscal year ended March 2016 to 53.3% in the fiscal year ended March 2017 and 54.7% in the fiscal year ended March 2018, and is expected to remain high. Foreign-currency-denominated assets are also affected by revaluation at the exchange rate prevailing at the fiscal year-end.」
The overseas sales ratio rose to 54.7%, increasing the group's foreign exchange exposure. The company continued to offset foreign-currency-denominated receivables and payables and make adjustments to currency conversion rates, but stated that the risk could not be completely avoided. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued to identify foreign exchange fluctuation risk as a fundamental risk. The nine-month consolidated period recorded a foreign exchange gain of ¥219 million. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued to identify foreign exchange fluctuation risk as a fundamental risk. The quarter recorded a foreign exchange gain of ¥173 million. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material change in business and other risks and continued to identify foreign exchange fluctuation risk as a fundamental risk. The income statement for the quarter recorded a foreign exchange gain of ¥77 million. - FY2017-Q3RestatedAnnual report
「The company responded flexibly to the shift of production overseas, and sales volume remained at the previous year's level. However, the impact of foreign exchange fluctuations could not be avoided, and sales value fell below the previous fiscal year's level.」
The company continued to state that foreign exchange fluctuations affected sales value. Although sales value fell below the previous year amid a trend toward yen appreciation, the income statement for the nine-month consolidated period recorded a foreign exchange gain of ¥845 million, and no material change to the basic nature of the risk was indicated. - FY2017-Q2WorsenedAnnual report
「Foreign exchange loss 1,887」
Against a backdrop of yen appreciation, the company recorded a foreign exchange loss of ¥1,887 million, and ordinary income fell 82.5% year on year to ¥547 million. The impact of foreign exchange fluctuations on results has become more clearly quantifiable. - FY2017-Q1WorsenedAnnual report
「The company recorded an ordinary loss of ¥275 million, compared with ordinary income of ¥1,815 million in the same quarter of the previous year, and a net loss attributable to owners of the parent of ¥199 million, compared with net income attributable to owners of the parent of ¥1,301 million in the same quarter of the previous year.」
As the yen appreciated, the company recorded a foreign exchange loss of ¥1,548 million on foreign-currency-denominated assets, resulting in an ordinary loss and a quarterly net loss attributable to owners of the parent. - FY2016MaterialisedAnnual report
「The risks that could materially affect the Group's operating results and financial position include the impact of foreign-exchange movements. The ratio of overseas sales has risen year after year, from 50.8% in the fiscal year ended March 2014 to 52.4% in the fiscal year ended March 2015 and 53.1% in the fiscal year ended March 2016, and is expected to remain high.」
The overseas sales ratio rose to 53.1%, and the company recorded a foreign-exchange loss of ¥835 million during the fiscal year.