Impact of yuan appreciation and yen exchange-rate fluctuations on financial figures
First written in FY2022-Q2. 5 of 11 entries say "Restated". Latest entry: FY2026-H1.
Housei moved to the "Worse" side of this theme in 2024, 6 years after the typical company in this theme (2018).
The whole theme swung hardest in 2019: 69 of 120 companies on the "Worse" side.
22 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「Because the yen weakened by approximately 10% against the Chinese yuan, expenses incurred in China increased when translated into yen, among other factors, resulting in an operating loss of ¥113.320 million compared with operating profit of ¥27.098 million in the previous interim period.」
The increase in the yen-denominated cost of expenses incurred in China due to yen depreciation caused the overseas IT business to turn from operating profit to operating loss. The foreign currency translation adjustment also increased by ¥86.780 million. - 2026-05-11MaterialisedEarnings
「The foreign currency translation adjustment account increased by ¥47,409 thousand」
The increase in the foreign currency translation adjustment account was reflected in changes in net assets for the quarter. - FY2025-H1MaterialisedAnnual report
「Because foreign-exchange losses associated with yuan depreciation were recorded as non-operating expenses, ordinary loss was ¥13.561 million, compared with ordinary loss of ¥0.989 million in the previous interim period.」
Unlike previous disclosures concerning higher costs due to renminbi appreciation and the foreign currency translation adjustment, this period recorded ¥21.947 million of foreign-exchange losses as non-operating expenses due to yuan depreciation, contributing to ordinary loss of ¥13.561 million. - FY2024-H1MaterialisedAnnual report
「The appreciation of the Chinese yuan increased the Chinese subsidiaries' expenses when translated into yen.」
The increase in the yen-denominated cost of the Chinese subsidiaries due to yuan appreciation was cited as a factor behind higher selling, general and administrative expenses and the operating loss in the interim period. - FY2024-Q1RestatedAnnual report
「In net assets, retained earnings increased by ¥5.019 million and the foreign currency translation adjustment by ¥73.124 million, among other factors. As a result, net assets at the end of the first quarter increased by ¥79.684 million to ¥3,266.360 million.」
The ¥73.124 million increase in the foreign currency translation adjustment was reflected in net assets, continuing to show the impact of foreign-exchange movements on financial figures. - FY2023-Q3RestatedAnnual report
「In net assets, capital increased by ¥24.176 million, capital surplus by ¥24.176 million, retained earnings by ¥68.150 million and the foreign currency translation adjustment by ¥83.620 million. As a result, net assets at the end of the cumulative third quarter increased by ¥221.262 million to ¥3,175.412 million.」
The ¥83.620 million increase in the foreign currency translation adjustment was reflected in net assets, continuing to show the impact of foreign-exchange movements on financial figures. - FY2023-Q2RestatedAnnual report
「Capital, capital surplus, retained earnings and the foreign currency translation adjustment increased by ¥24.176 million, ¥24.176 million, ¥41.837 million and ¥46.126 million, respectively, among other factors.」
The ¥46.126 million increase in the foreign currency translation adjustment was reflected in changes in net assets. The disclosure did not directly link it to renminbi appreciation. - FY2023-Q1RestatedAnnual report
「This was mainly because retained earnings increased by ¥28.267 million and the foreign currency translation adjustment increased by ¥13.067 million, among other factors.」
The increase in the foreign currency translation adjustment continued to be reflected in changes in net assets, although the disclosure did not expressly attribute it to renminbi appreciation. - FY2022MaterialisedAnnual report
「Operating profit declined to ¥184.799 million, down ¥18.164 million, or 8.9%, year on year, because some projects were loss-making and renminbi appreciation increased the Chinese subsidiaries' expenses when translated into yen.」
The increase in the yen-denominated cost of the Chinese subsidiaries due to renminbi appreciation was cited as a factor behind the decline in operating profit. The foreign currency translation adjustment also increased by ¥51.671 million. - FY2022-Q3RestatedAnnual report
「This was mainly because capital and capital surplus each increased by ¥206.469 million due to the issuance of new shares, retained earnings increased by ¥96.660 million due to net income attributable to owners of the parent, and the foreign currency translation adjustment increased by ¥116.214 million due to renminbi appreciation.」
The impact of renminbi appreciation continued to be reflected in the financial figures as a ¥116.214 million increase in the foreign currency translation adjustment. - FY2022-Q2First statedAnnual report
「This was mainly because retained earnings increased by ¥70.706 million due to net income attributable to owners of the parent and the foreign currency translation adjustment increased by ¥117.899 million due to renminbi appreciation.」
The impact of renminbi appreciation on the foreign currency translation adjustment was reflected in the financial figures as an increase of ¥117.899 million.