Impact of Foreign Exchange Fluctuations and Rising Market Interest Rates on Performance and Financial Position
First written in FY2016. 3 of 30 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Shinagawa Refra moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2019: 5 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Foreign exchange gains increased significantlyAnnual report
「Foreign exchange gain 2,216」
The company recorded a foreign exchange gain of ¥2.216 billion for the fiscal year, reversing from the ¥70 million foreign exchange loss in the previous fiscal year. - FY2026-H1Changed to foreign exchange gainsAnnual report
「Foreign exchange gain 651」
Profit or loss reversed from the ¥98 million foreign exchange loss in the same period of the previous year to a ¥651 million foreign exchange gain in the six months ended September 30. - FY2025A foreign exchange loss was also recorded for the full yearAnnual report
「Foreign exchange loss 70」
The company recorded a foreign exchange loss of ¥70 million for the fiscal year, reversing from the ¥366 million foreign exchange gain in the previous fiscal year. The loss narrowed from the ¥98 million foreign exchange loss in the first half. - FY2025-H1Change from foreign exchange gains to foreign exchange lossesAnnual report
「Foreign-exchange losses 98」
The company recorded a foreign exchange loss of ¥98 million for the six months ended September 30, reversing from the ¥331 million foreign exchange gain in the same period of the previous year. - FY2024Foreign exchange gains increased year on yearAnnual report
「Foreign exchange gain 366」
The foreign exchange gain for the fiscal year was ¥366 million, up from ¥102 million in the previous fiscal year. - FY2024-Q3Foreign exchange gains decreased year on yearAnnual report
「Foreign exchange gain 134」
The foreign exchange gain for the nine months ended December 31 was ¥134 million, down from ¥173 million in the same period of the previous year. - FY2024-Q2Foreign exchange gains decreased year on yearAnnual report
「Foreign exchange gain 331」
The foreign exchange gain for the six months ended September 30 was ¥331 million, down from ¥566 million in the same period of the previous year. - FY2024-Q1Foreign exchange gains decreased year on yearAnnual report
「Foreign exchange gain 179」
The foreign exchange gain for the three months ended June 30 was ¥179 million, down from ¥372 million in the same period of the previous year. - FY2023-Q3Foreign exchange gains increased year on yearAnnual report
「Foreign exchange gain 173」
The foreign exchange gain for the nine-month period was ¥173 million, up from ¥92 million in the same period of the previous year. - FY2023-Q2Foreign exchange gain increased as the yen weakenedAnnual report
「On the profit front, operating profit was ¥5.401 billion, up 6.0% year on year, while ordinary profit was ¥6.299 billion, up 17.3%, mainly due to the recognition of foreign exchange gains as the yen weakened.」
The yen's depreciation resulted in the recognition of foreign exchange gains, and ordinary profit for the six months ended September 30 increased 17.3% year on year. - FY2023-Q1Foreign exchange gain increased to ¥372 millionAnnual report
「Foreign exchange gain 372」
For the three months ended June 30, the company recorded a foreign exchange gain of ¥372 million, improving from the ¥4 million foreign exchange loss in the same period of the previous year and exceeding the ¥294 million foreign exchange gain for the full previous fiscal year. - FY2022Foreign exchange gains increased significantlyAnnual report
「Foreign exchange gain 294」
The foreign exchange gain for the fiscal year was ¥294 million, up from ¥36 million in the previous fiscal year. - FY2022-Q3Higher foreign exchange gainsAnnual report
「Foreign exchange gain 92」
For the nine months ended December 31, the company recorded a foreign exchange gain of ¥92 million, an improvement from the ¥132 million foreign exchange loss in the same period of the previous year. - FY2022-Q2MitigatedAnnual report
「Foreign exchange gain 15」
The foreign exchange result for the six months ended the second quarter of the current fiscal year was a gain of ¥15 million, an improvement from the foreign exchange loss recorded in the immediately preceding first quarter. - FY2022-Q1MitigatedAnnual report
「Foreign exchange loss 4」
The foreign exchange loss for the first quarter of the current fiscal year was ¥4 million, down significantly from ¥53 million in the same period of the previous year. Foreign exchange fluctuations continue to affect profit and loss, but the most recent loss has narrowed. - FY2021Changed to foreign exchange gainsAnnual report
「Foreign exchange gain 36」
A foreign exchange gain of ¥36 million was recorded for the current fiscal year, reversing from a foreign exchange loss of ¥83 million in the previous fiscal year. - FY2021-Q3Foreign-exchange loss increased year on yearAnnual report
「Foreign exchange loss 132」
The foreign exchange loss for the nine months ended the third quarter of the current fiscal year was ¥132 million, up from ¥31 million in the same period of the previous year. - FY2021-Q2Foreign exchange losses continued and increasedAnnual report
「Foreign exchange loss 89」
A foreign exchange loss of ¥89 million was recorded for the six months ended the second quarter of the current fiscal year, up from ¥85 million in the same period of the previous year. - FY2021-Q1Foreign-exchange loss increased year on yearAnnual report
「Foreign exchange loss 53」
The foreign exchange loss for the three months ended the first quarter of the current fiscal year was ¥53 million, up from ¥25 million in the same period of the previous year. - FY2020-Q2Foreign exchange losses continueAnnual report
「Foreign exchange loss 85」
A foreign exchange loss of ¥85 million was recorded for the six months ended the second quarter of the current fiscal year, with a foreign exchange loss arising for the second consecutive quarter. - FY2020-Q1Change from foreign exchange gains to foreign exchange lossesAnnual report
「Foreign exchange loss 25」
A foreign exchange loss of ¥25 million was recorded as a non-operating expense, reversing to a loss from the foreign exchange gain of ¥45 million in the same period of the previous year. - FY2019-Q3Foreign exchange gains increased year on yearAnnual report
「Foreign exchange gain 35」
A foreign exchange gain of ¥35 million was recorded as non-operating income, up from ¥33 million in the same period of the previous year. - FY2019-Q2Foreign exchange gains continued and increasedAnnual report
「Foreign exchange gain 95」
A foreign exchange gain of ¥95 million was recorded as non-operating income for the first half, up from ¥18 million in the same period of the previous year. - FY2019-Q1Shift from foreign exchange losses to foreign exchange gainsAnnual report
「Foreign exchange gain 45」
In non-operating income and expenses, the result shifted from a foreign exchange loss of ¥0 million in the same period of the previous year to a foreign exchange gain of ¥45 million for the three months ended the first quarter of the current fiscal year. - FY2018Consolidated foreign exchange loss of ¥59 million recordedAnnual report
「Foreign exchange loss 59」
The consolidated income statement recorded a foreign exchange loss of ¥59 million, reversing the shift to a foreign exchange gain that had been reported through the previous quarter and returning to a foreign exchange loss. - FY2018-Q3Foreign exchange gains and losses turned into a foreign exchange gainAnnual report
「Foreign exchange gain 33」
In non-operating income and expenses, the company recorded a foreign exchange gain of ¥33 million for the nine months ended the third quarter of the current fiscal year, compared with a foreign exchange loss of ¥126 million in the same period of the previous year. - FY2017-Q3MaterialisedAnnual report
「In the refractories and related products business, revenue was ¥55,777 million, essentially flat and up 0.1% year on year, as revenue from overseas sales and overseas subsidiaries, translated into yen, declined due to foreign exchange effects despite increased revenue from strong ceramic fiber sales and other factors.」
It explains that overseas sales and overseas subsidiaries' revenue translated into yen declined due to foreign exchange effects, indicating that foreign exchange risk has continued to affect financial performance. - FY2017-Q2MaterialisedAnnual report
「In the refractories and related products business, revenue was ¥36,319 million, down 1.6% year on year, as revenue from overseas sales and overseas subsidiaries, translated into yen, declined due to foreign exchange effects despite increased revenue from strong ceramic fiber sales and other factors.」
Due to yen appreciation and foreign exchange effects, overseas sales and overseas subsidiaries' revenue translated into yen declined, and a foreign exchange loss of ¥175 million was recorded on the income statement. - FY2017-Q1MaterialisedAnnual report
「Exports remained sluggish as the yen continued to appreciate, and the business remained stagnant.」
The sluggishness of exports due to yen appreciation is cited as part of the economic environment for the quarter, and a foreign exchange loss of ¥49 million was also recorded on the income statement. - FY2016First statedAnnual report
「A foreign exchange valuation loss of ¥247 million arose on foreign-currency-denominated assets as the yen appreciated toward the end of the period.」
It cites foreign exchange risk associated with imported raw materials, exports, and overseas bases, as well as the risk of rising interest rates associated with interest-bearing debt. A foreign exchange valuation loss actually arose during the period.