Exchange-rate fluctuation risk associated with increased foreign-currency transactions
First written in FY2016. 10 of 34 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-10-27.
Japan Pure Chemical moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 14 of 33 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- 2026-10-27MitigatedResults briefing materials
「We are minimizing the impact of exchange rate fluctuations through forward exchange contracts」
Continuing to mitigate the impact of exchange rate fluctuations through forward exchange contracts. - FY2026MitigatedAnnual report
「The Company's export ratio was 48.8% and 51.9% in the fiscal years ended March 2025 and March 2026, respectively. Overseas sales were 70.6% denominated in yen and 29.4% in foreign currencies. Foreign-currency transactions are generally hedged to limit the effect of exchange rate fluctuations.」
The export ratio rose, while the proportion of overseas sales denominated in foreign currencies was 29.4%; foreign exchange hedging continues. A foreign exchange gain of ¥1,066 thousand was also recorded. - FY2026-H1Recognition of Foreign Exchange GainsAnnual report
「Non-operating income Foreign exchange gains － 234」
A foreign exchange gain of ¥234 thousand was recorded for the current interim accounting period, and the effect of exchange rate fluctuations was reflected in earnings. - FY2025MitigatedAnnual report
「The Company's export ratio was 55.6% and 48.8% in the fiscal years ended March 2024 and March 2025, respectively. Overseas sales were 62.5% denominated in yen and 37.5% in foreign currencies. Foreign-currency transactions are generally hedged to limit the effect of exchange rate fluctuations.」
The export ratio fell from 55.6% to 48.8%, while the proportion of overseas sales denominated in foreign currencies declined from 39.5% to 37.5%; foreign exchange hedging continues. - FY2025-H1MaterialisedAnnual report
「Non-operating income Foreign exchange gains 1,635 － Non-operating expenses Foreign exchange losses － 637」
The ¥1,635 thousand foreign exchange gain in the same period of the previous year turned into a ¥637 thousand foreign exchange loss in the current interim accounting period, demonstrating the actual effect of exchange rate fluctuations on earnings. - FY2024MitigatedAnnual report
「The Company's export ratio was 56.4% and 55.6% in the fiscal years ended March 2023 and March 2024, respectively. Overseas sales were 60.5% denominated in yen and 39.5% in foreign currencies. Foreign-currency transactions are generally hedged to limit the effect of exchange rate fluctuations.」
The export ratio fell from 56.4% to 55.6%, while the proportion of overseas sales denominated in foreign currencies declined from 46.3% in the previous fiscal year to 39.5%; foreign exchange hedging continues. - FY2024-Q3Update to the amount of foreign exchange gainsAnnual report
「Foreign exchange gains 1,347 1,038」
Cumulative third-quarter foreign exchange gains amounted to ¥1,038 thousand, an update from ¥1,347 thousand in the same period of the previous year. - FY2024-Q2Update to the amount of foreign exchange gainsAnnual report
「Foreign exchange gains 2,572 1,635」
Foreign exchange gains were ¥1,635 thousand for the cumulative second quarter, compared with ¥2,572 thousand in the same period of the previous year. The effect of exchange rate fluctuations continues to be reflected in earnings. - FY2024-Q1Update to the amount of foreign exchange gainsAnnual report
「Foreign exchange gains 1,686 1,138」
Foreign exchange gains were ¥1,138 thousand for the cumulative first quarter, compared with ¥1,686 thousand in the same period of the previous year. The effect of exchange rate fluctuations continues to be reflected in earnings. - FY2023WorsenedAnnual report
「The Company's export ratio was 54.6% and 56.4% in the fiscal years ended March 2022 and March 2023, respectively. Overseas sales were 53.7% denominated in yen and 46.3% in foreign currencies. Foreign-currency transactions are generally hedged to limit the effect of exchange rate fluctuations.」
The export ratio rose from 54.6% to 56.4%, while the proportion of overseas sales denominated in foreign currencies was disclosed as 46.3%, indicating increased foreign-currency exposure. Foreign exchange hedging continues. - FY2023-Q3Update to cumulative foreign exchange gainsAnnual report
「Foreign exchange gains 188 1,347」
Cumulative third-quarter foreign exchange gains amounted to ¥1,347 thousand, an update from ¥188 thousand in the same period of the previous year. - FY2023-Q2Continued recognition of foreign exchange gainsAnnual report
「Foreign exchange gains － 2,572」
A foreign exchange gain of ¥2,572 thousand was recorded for the cumulative second quarter, and the effect of exchange rate fluctuations continued to be reflected in earnings as a gain, following the previous quarter. - FY2023-Q1Continued recognition of foreign exchange gainsAnnual report
「Foreign exchange gains － 1,686」
The cumulative first quarter saw a foreign exchange gain of ¥1,686 thousand rather than a foreign exchange loss, and the effect of exchange rate fluctuations continues to be reflected in earnings. - FY2022WorsenedAnnual report
「The Company's export ratio was 54.3% and 54.6% in the fiscal years ended March 2021 and March 2022, respectively. Approximately 64.1% of overseas sales are denominated in yen and approximately 35.9% in foreign currencies. Foreign-currency transactions are generally hedged to limit fluctuations in exchange rates.」
The export ratio rose from 54.3% to 54.6%, and the proportion of overseas sales denominated in foreign currencies reached approximately 35.9%, indicating increased foreign-currency exposure. Foreign exchange hedging continues, and a foreign exchange gain of ¥1,248 thousand was recorded during the current period. - FY2022-Q3Shift from foreign-exchange losses to gainsAnnual report
「Foreign exchange gains － 188」
The cumulative third quarter saw a foreign exchange gain of ¥188 thousand rather than a foreign exchange loss, marking a change from the foreign exchange losses recorded through the immediately preceding quarter. - FY2022-Q2MaterialisedAnnual report
「Non-operating expenses Foreign exchange losses 827 195」
A foreign exchange loss of ¥195 thousand was recorded for the cumulative second quarter, demonstrating the effect of exchange rate fluctuations on actual earnings. - FY2022-Q1MaterialisedAnnual report
「Non-operating expenses Foreign exchange losses 325 275」
A foreign exchange loss of ¥275 thousand was recorded for the cumulative first quarter, demonstrating the effect of exchange rate fluctuations on actual earnings. - FY2021WorsenedAnnual report
「The Company's export ratio was 51.1% and 54.3% in the fiscal years ended March 2020 and March 2021, respectively. Approximately 66.4% of overseas sales are denominated in yen and approximately 33.6% in foreign currencies.」
The export ratio rose from 51.1% to 54.3%, while the proportion of overseas sales denominated in foreign currencies reached approximately 33.6%. Foreign exchange hedging continues. - FY2021-Q3MaterialisedAnnual report
「Non-operating expenses Foreign exchange losses 308 1,289」
A foreign exchange loss of ¥1,289 thousand was recorded for the cumulative third quarter, and the effect of exchange rate fluctuations is reflected in earnings. - FY2021-Q2MaterialisedAnnual report
「Foreign exchange losses 726 827」
A foreign exchange loss of ¥827 thousand was recorded for the cumulative second quarter, and the effect of exchange rate fluctuations is reflected in earnings. - FY2021-Q1MaterialisedAnnual report
「Non-operating expenses Foreign exchange losses 1,153 325」
A foreign exchange loss of ¥325 thousand was recorded for the cumulative first quarter, demonstrating the effect of exchange rate fluctuations on actual earnings. - FY2020WorsenedAnnual report
「The Company's export ratio was 48.8% and 51.1% in the fiscal years ended March 2019 and March 2020, respectively. Overseas transactions are generally settled in yen, but dollar-denominated transactions have recently been increasing. The Company hedges this risk through forward exchange contracts and other means, but there is no guarantee that such measures will completely eliminate the risk, and results may be affected by exchange rate fluctuations.」
The export ratio rose from 48.8% to 51.1%, indicating increased foreign exchange exposure. Hedging through forward exchange contracts continues. - FY2020-Q3MaterialisedAnnual report
「Non-operating expenses Foreign exchange losses － 308」
A foreign exchange loss of ¥308 thousand was recorded for the cumulative third quarter, and the effect of exchange rate fluctuations is reflected in earnings. - FY2020-Q2MaterialisedAnnual report
「Non-operating expenses Foreign exchange losses － 726」
A foreign exchange loss of ¥726 thousand was recorded for the cumulative second quarter, and the effect of exchange rate fluctuations is reflected in earnings. - FY2020-Q1MaterialisedAnnual report
「Non-operating expenses Foreign exchange losses － 1,153」
A foreign exchange loss of ¥1,153 thousand was recorded for the cumulative first quarter, demonstrating the effect of exchange rate fluctuations on actual earnings. - FY2019WorsenedAnnual report
「The Company's export ratio was 46.7% and 48.8% in the fiscal years ended March 2018 and March 2019, respectively." Approximately 66.8% of overseas sales are denominated in yen and approximately 33.2% in foreign currencies. Foreign-currency transactions are generally hedged to limit fluctuations in exchange rates.」
The export ratio rose from 46.7% to 48.8%, while the proportion of overseas sales denominated in foreign currencies reached approximately 33.2%, indicating increased foreign-currency exposure. Foreign exchange hedging remains in place. - FY2018RestatedAnnual report
「The Company's export ratio was 46.1% and 46.7% in the fiscal years ended March 2017 and March 2018, respectively. Overseas transactions are generally settled in yen, but dollar-denominated transactions have recently been increasing. The Company hedges this risk through forward exchange contracts and other means, but there is no guarantee that such measures will completely eliminate the risk, and results may be affected by exchange rate fluctuations.」
The Company discloses its export ratio, the trend toward increased dollar-denominated transactions, and foreign exchange hedging, continuing its previous explanation of foreign exchange risk. - FY2018-Q3RestatedAnnual report
「There have been no material changes to the matters concerning “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding foreign exchange risk associated with increased foreign-currency transactions. - FY2018-Q2RestatedAnnual report
「There have been no material changes to the matters concerning “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding foreign exchange risk associated with increased foreign-currency transactions. - FY2018-Q1RestatedAnnual report
「There have been no material changes to the matters concerning “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding foreign exchange risk associated with increased foreign-currency transactions. - FY2017MitigatedAnnual report
「The Company's export ratio was 47.6% and 46.1% in the fiscal years ended March 2016 and March 2017, respectively. Approximately 75.2% of overseas sales are denominated in yen and approximately 24.8% in foreign currencies. Foreign-currency transactions are generally hedged to limit fluctuations in exchange rates.」
The Company specifically discloses its lower export ratio, the proportion of foreign-currency-denominated sales, and its use of foreign exchange hedges, indicating how it addresses its foreign-currency exposure. - FY2017-Q3RestatedAnnual report
「There have been no material changes to the matters concerning “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding foreign exchange risk associated with increased foreign-currency transactions. - FY2017-Q1MaterialisedAnnual report
「The outlook for the Japanese economy during the current period became increasingly uncertain due to economic slowdowns in China and emerging Asian economies, the yen's appreciation from the end of the fiscal year, and declines in the stock market. " Foreign exchange losses - 376」
The appreciation of the yen was noted, and a foreign exchange loss of ¥376 thousand was recorded in the income statement for the first quarter. - FY2016First statedAnnual report
「The Company's export ratio was 49.3% and 47.6% in the fiscal years ended March 2015 and March 2016, respectively. Overseas transactions are generally settled in yen, but dollar-denominated transactions have recently been increasing. The Company hedges this risk through forward exchange contracts and other means, but there is no guarantee that such measures will completely eliminate the risk, and results may be affected by exchange rate fluctuations.」
The Company discloses its export ratio and the increase in foreign-currency transactions, stating that the risk cannot be completely eliminated even through forward exchange contracts.