Foreign-exchange risk
First written in FY2016. 34 of 38 entries say "Materialised", first in FY2017-Q3. Latest entry: 2026-11-12.
Nihon Tokushu Toryo moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2019: 14 of 29 companies on the "Worse" side.
14 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Foreign exchange gains of ¥49 million were recorded as non-operating income, and the foreign currency translation adjustment increased from ¥5,011 million to ¥5,031 million.」
The impact of exchange-rate movements was reflected in actual results as foreign exchange gains of ¥49 million and a ¥20 million increase in the foreign currency translation adjustment. - 2026-05-14MaterialisedResults
「為替換算調整勘定 5,011 5,031」
為替換算調整勘定が当期に20百万円増加し、為替変動の影響が純資産に反映されている。 - FY2026-H1MaterialisedAnnual report
「Total net assets decreased by ¥534 million from the end of the previous consolidated fiscal year to ¥6,357.9 million. The main factors were a ¥1,342 million increase in retained earnings, a ¥1,523 million decrease in the foreign currency translation adjustment, and a ¥720 million decrease in non-controlling interests.」
The foreign currency translation adjustment decreased by ¥1,523 million, and the impact of exchange-rate movements was actually reflected in the change in net assets for the interim consolidated accounting period. - FY2025MaterialisedAnnual report
「Net assets increased by ¥4,548 million from the end of the previous consolidated fiscal year to ¥6,411.4 million. The main factors were a ¥3,915 million increase in retained earnings, a ¥1,864 million decrease in the valuation difference on available-for-sale securities, and a ¥1,791 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥1,791 million, and the impact of exchange-rate movements was reflected in actual net asset results. - FY2025-H1MaterialisedAnnual report
「Total net assets increased by ¥2,459 million from the end of the previous consolidated fiscal year to ¥6,202.5 million. The main factors were a ¥1,567 million increase in retained earnings, a ¥1,308 million decrease in the valuation difference on available-for-sale securities, and a ¥1,926 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥1,926 million, quantifying the impact of exchange-rate movements as a change in net assets for the interim consolidated accounting period. - FY2024-Q2MaterialisedAnnual report
「Total net assets increased by ¥3,535 million from the end of the previous consolidated fiscal year to ¥5,574.7 million. The main factors were a ¥1,317 million increase in retained earnings, a ¥1,137 million increase in the valuation difference on available-for-sale securities, and a ¥1,240 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥1,240 million, and the impact of exchange-rate movements was recorded as a change in net assets for the six months ended the second quarter. The quantification of the risk and its reflection in actual results have continued. - FY2024-Q1MaterialisedAnnual report
「Foreign exchange gains ¥185 million」
Foreign exchange gains of ¥185 million were recorded as non-operating income for FY2024-Q1, reflecting the impact of exchange-rate movements in actual results. - FY2023MaterialisedAnnual report
「Ordinary profit was ¥3,141 million, up 19.7% year on year, mainly due to investment gains under the equity method and the impact of exchange-rate movements.」
Exchange-rate movements continued to be identified as a factor contributing to ordinary profit, and the foreign currency translation adjustment increased by ¥1,477 million from the end of the previous fiscal year. - FY2023-Q3MaterialisedAnnual report
「Total net assets increased by ¥2,663 million from the end of the previous consolidated fiscal year to ¥5,238.8 million. The main factors were a ¥26 million decrease in retained earnings and a ¥2,620 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥2,620 million, and the impact of exchange-rate movements was recorded as a factor contributing to the change in net assets for the nine months ended the third quarter. - FY2023-Q2MaterialisedAnnual report
「Total net assets increased by ¥1,988 million from the end of the previous consolidated fiscal year to ¥5,171.3 million. The main factors were a ¥547 million decrease in the valuation difference on available-for-sale securities, a ¥2,167 million increase in the foreign currency translation adjustment, and a ¥514 million increase in non-controlling interests.」
The foreign currency translation adjustment increased by ¥2,167 million, and the impact of exchange-rate movements was recorded as a factor contributing to the change in net assets. - FY2023-Q1MaterialisedAnnual report
「Ordinary profit was ¥799 million, up 44.0% year on year, mainly due to investment gains under the equity method and the impact of exchange-rate movements. Total net assets increased by ¥492 million from the end of the previous consolidated fiscal year to ¥5,021.8 million. The main factors were a ¥141 million decrease in retained earnings, a ¥447 million decrease in the valuation difference on available-for-sale securities, and a ¥936 million increase in the foreign currency translation adjustment.」
Exchange-rate movements were identified as a factor contributing to ordinary profit, with foreign exchange gains of ¥194 million and a ¥936 million increase in the foreign currency translation adjustment recorded. - FY2022MaterialisedAnnual report
「Ordinary profit was ¥2,625 million, up 9.2% year on year, mainly due to investment gains under the equity method and the impact of exchange-rate movements.」
Exchange-rate movements were identified as a factor contributing to ordinary profit, with foreign exchange gains of ¥285 million and a ¥1,339 million increase in the foreign currency translation adjustment recorded. - FY2022-Q3MaterialisedAnnual report
「Total net assets increased by ¥1,334 million from the end of the previous consolidated fiscal year to ¥4,848.9 million. The main factors were a ¥277 million decrease in retained earnings, a ¥887 million increase in the valuation difference on available-for-sale securities, and a ¥484 million increase in non-controlling interests.」
The foreign currency translation adjustment increased by ¥887 million, quantifying the impact of exchange-rate movements as a factor contributing to the change in net assets for the nine months ended the third quarter. - FY2022-Q2MaterialisedAnnual report
「Total net assets increased by ¥1,182 million from the end of the previous consolidated fiscal year to ¥4,833.7 million. The main factors were a ¥307 million decrease in retained earnings and a ¥801 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥801 million, and the impact related to exchange-rate movements was recorded as a factor contributing to the change in net assets for the six months ended the second quarter. - FY2022-Q1MaterialisedAnnual report
「Total net assets increased by ¥872 million from the end of the previous consolidated fiscal year to ¥4,802.7 million. The main factors were a ¥167 million decrease in retained earnings and a ¥781 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥781 million, and the impact related to exchange-rate movements was recorded as a factor contributing to the change in net assets during the first quarter. - FY2021MaterialisedAnnual report
「In terms of earnings, despite lower prices for some raw materials and active, ongoing efforts to reduce costs and expenses, the substantial decline in revenue resulted in operating income of ¥858 million, down 69.6% year on year. In addition, ordinary income was ¥2.403 billion, down 44.1% year on year, due to the recording of foreign exchange gains, investment income under the equity method and other factors.」
Foreign exchange gains were recorded as a factor contributing to ordinary profit, and exchange-rate movements had an actual impact on results for the period. The foreign currency translation adjustment also decreased by ¥451 million. - FY2021-Q3MaterialisedAnnual report
「Total net assets increased ¥697 million from the end of the previous consolidated fiscal year to ¥45.760 billion. The main factors were a decrease of ¥823 million in retained earnings, an increase of ¥1.880 billion in valuation difference on available-for-sale securities, and a decrease of ¥470 million in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account decreased by ¥470 million, and the impact of foreign exchange movements was recorded as a factor in the change in net assets for the nine-month period. - FY2021-Q2MaterialisedAnnual report
「Total net assets decreased ¥790 million from the end of the previous consolidated fiscal year to ¥44.272 billion. The main factors were a decrease of ¥1.027 billion in retained earnings, an increase of ¥941 million in valuation difference on available-for-sale securities, a decrease of ¥325 million in the foreign currency translation adjustment account, and a decrease of ¥342 million in non-controlling interests.」
The foreign currency translation adjustment account decreased by ¥325 million, and the impact related to foreign exchange movements was recorded as a factor in the change in net assets for the six-month period. - FY2021-Q1MaterialisedAnnual report
「Total net assets decreased ¥1.487 billion from the end of the previous consolidated fiscal year to ¥43.575 billion. The main factors were a decrease of ¥1.053 billion in retained earnings, an increase of ¥481 million in valuation difference on available-for-sale securities, a decrease of ¥387 million in the foreign currency translation adjustment account, and a decrease of ¥533 million in non-controlling interests.」
The foreign currency translation adjustment account decreased by ¥387 million, and the impact of foreign exchange movements continued to be recorded as a factor in the change in net assets. - FY2020MaterialisedAnnual report
「Ordinary income decreased ¥431 million from the previous consolidated fiscal year to ¥4.303 billion, down 9.1% year on year. This was due mainly to a ¥244 million decrease in investment income under the equity method from overseas affiliates and a ¥95 million increase in foreign exchange losses.」
Foreign exchange losses increased from ¥54 million in the previous fiscal year to ¥150 million in the current fiscal year, materially affecting performance as a factor in the decline in ordinary income. - FY2020-Q3MaterialisedAnnual report
「Total net assets increased ¥1.544 billion from the end of the previous consolidated fiscal year to ¥45.503 billion. The main factors were an increase of ¥990 million in retained earnings, an increase of ¥778 million in valuation difference on available-for-sale securities, a decrease of ¥330 million in the foreign currency translation adjustment account, and an increase of ¥101 million in non-controlling interests.」
The foreign currency translation adjustment account decreased by ¥330 million, and the impact of foreign exchange movements was recorded as a factor in the change in net assets for the nine-month period. The income statement also recorded foreign exchange losses of ¥93 million. - FY2020-Q2MaterialisedAnnual report
「Total net assets increased ¥916 million from the end of the previous consolidated fiscal year to ¥44.874 billion. The main factors were an increase of ¥888 million in retained earnings, an increase of ¥277 million in valuation difference on available-for-sale securities, and a decrease of ¥224 million in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account decreased by ¥224 million, and the impact related to foreign exchange movements was recorded as a factor in the change in net assets for the six-month period. - FY2020-Q1MaterialisedAnnual report
「Ordinary income was ¥837 million, down 27.4% year on year, due to the decline in investment income under the equity method, the impact of foreign exchange movements and other factors.」
The impact of foreign exchange movements and other factors was identified as a reason for the decline in ordinary income, which fell 27.4% year on year. The income statement also recorded foreign exchange losses of ¥83 million. The impact of foreign exchange risk on performance during the period was quantified. - FY2019MaterialisedAnnual report
「Net assets increased ¥284 million from the end of the previous consolidated fiscal year to ¥43.958 billion. The main factors were an increase of ¥2.042 billion in retained earnings, a decrease of ¥1.346 billion in valuation difference on available-for-sale securities, and a decrease of ¥446 million in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account decreased by ¥446 million, and the impact related to foreign exchange movements was recorded as a change in net assets for the full fiscal year. - FY2019-Q3MaterialisedAnnual report
「Total net assets decreased ¥229 million from the end of the previous consolidated fiscal year to ¥43.444 billion. The main factors were an increase of ¥1.363 billion in retained earnings, a decrease of ¥244 million due to the acquisition of treasury shares, a decrease of ¥1.269 billion in valuation difference on available-for-sale securities, a decrease of ¥212 million in the foreign currency translation adjustment account, and an increase of ¥101 million in non-controlling interests.」
The foreign currency translation adjustment account decreased by ¥212 million, and the impact related to foreign exchange movements was recorded as a factor in the change in net assets. - FY2019-Q2MaterialisedAnnual report
「Total net assets decreased ¥250 million from the end of the previous consolidated fiscal year to ¥43.423 billion. The main factors were an increase of ¥890 million in retained earnings, a decrease of ¥243 million due to the acquisition of treasury shares, a decrease of ¥439 million in valuation difference on available-for-sale securities, and a decrease of ¥415 million in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account decreased by ¥415 million, and the impact related to foreign exchange movements was recorded as a factor in the change in net assets. - FY2019-Q1MaterialisedAnnual report
「Total net assets decreased ¥783 million from the end of the previous consolidated fiscal year to ¥42.890 billion. The main factors were an increase of ¥346 million in retained earnings, a decrease of ¥357 million in valuation difference on available-for-sale securities, a decrease of ¥587 million in the foreign currency translation adjustment account, and a decrease of ¥196 million in non-controlling interests.」
The foreign currency translation adjustment account decreased by ¥587 million, and the impact related to foreign exchange movements was recorded as a factor in the change in net assets. - FY2018RestatedAnnual report
「The Company takes measures to avoid and mitigate foreign exchange risk, but fluctuations in foreign exchange rates may affect the operating results and financial condition of the Group.」
The foreign exchange risk and hedging policy relating to overseas investments, dividends, royalties and imported raw materials are reiterated. The foreign currency translation adjustment account decreased by ¥118 million during the period, and the impact of foreign exchange movements continued to be recorded in net assets. - FY2018-Q3MaterialisedAnnual report
「Total net assets increased ¥3.634 billion from the end of the previous consolidated fiscal year to ¥43.173 billion. The main factors were a decrease of ¥125 million in capital surplus, an increase of ¥2.191 billion in retained earnings, an increase of ¥1.317 billion in valuation difference on available-for-sale securities, a decrease of ¥213 million in the foreign currency translation adjustment account, and an increase of ¥400 million in non-controlling interests.」
The ¥213 million decrease in the foreign currency translation adjustment account was recorded as a factor in the change in net assets, quantifying the impact of foreign exchange movements. - FY2018-Q2MaterialisedAnnual report
「Total net assets increased ¥1.874 billion from the end of the previous consolidated fiscal year to ¥41.414 billion. The main factors were a decrease of ¥125 million in capital surplus, an increase of ¥1.442 billion in retained earnings, an increase of ¥747 million in valuation difference on available-for-sale securities, a decrease of ¥356 million in the foreign currency translation adjustment account, and an increase of ¥124 million in non-controlling interests.」
The foreign currency translation adjustment account decreased by ¥356 million, and the impact of foreign exchange movements was recorded as a factor in the change in net assets. - FY2018-Q1MaterialisedAnnual report
「Total net assets increased ¥415 million from the end of the previous consolidated fiscal year to ¥39.954 billion. The main factors were an increase of ¥517 million in retained earnings, an increase of ¥290 million in valuation difference on available-for-sale securities, and a decrease of ¥384 million in the foreign currency translation adjustment account.」
The ¥384 million decrease in the foreign currency translation adjustment account was recorded as a factor in the change in net assets, quantifying the impact of foreign exchange movements. - FY2017MaterialisedAnnual report
「Total net assets increased ¥5.304 billion from the end of the previous consolidated fiscal year to ¥39.539 billion. The main factors were an increase of ¥3.905 billion in retained earnings, an increase of ¥816 million in valuation difference on available-for-sale securities, a decrease of ¥633 million in the foreign currency translation adjustment account, and an increase of ¥1.050 billion in non-controlling interests.」
The foreign currency translation adjustment account decreased by ¥633 million, and the impact related to foreign exchange movements was recorded as a change in net assets for the full fiscal year. - FY2017-Q3MaterialisedAnnual report
「Total net assets increased ¥2.280 billion from the end of the previous consolidated fiscal year to ¥36.443 billion. The main factors were an increase of ¥2.573 billion in retained earnings, an increase of ¥601 million in valuation difference on available-for-sale securities, a decrease of ¥1.637 billion in the foreign currency translation adjustment account, and an increase of ¥600 million in non-controlling interests.」
The foreign currency translation adjustment account decreased by ¥1.637 billion, and the impact related to foreign exchange movements was recorded quantitatively. - FY2017-Q2RestatedAnnual report
「In the domestic economy, there are signs of improvement, including better employment indicators and stable crude oil prices, but the outlook remains uncertain due to factors including the effects of the Bank of Japan's negative interest rate policy, the direction of future economic measures and concerns about the yen's appreciation trend.」
Uncertainty about the outlook, including concerns over the yen's appreciation trend, is reiterated. No substantive change from the foreign exchange risk identified in the previous quarter is expressly stated. - FY2017-Q1WorsenedAnnual report
「In the domestic economy, corporate employment conditions are improving against the backdrop of lower crude oil prices and a recovery in the US economy, but concerns remain about the impact on corporate earnings of factors such as the rapid appreciation of the yen.」
Concerns about the impact of a rapid appreciation of the yen on corporate earnings were expressly identified as an external factor during the quarter. - FY2016First statedAnnual report
「The Company takes measures to avoid and mitigate foreign exchange risk, but fluctuations in foreign exchange rates may affect the operating results and financial condition of the Group.」
This describes foreign exchange risk relating to overseas investments, dividends, royalties and imported raw materials.