Foreign Exchange Fluctuation Risk Associated with the Consolidation of an Overseas Subsidiary
First written in FY2016. 15 of 37 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Mipox moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2019: 18 of 31 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In addition to strengthening M&A as a growth strategy, we will continue addressing foreign exchange risk through forward exchange contracts and other measures in response to overseas sales accounting for more than 50% of total sales.」
The Company indicates that overseas sales exceed 50% of total sales and explicitly states its policy of addressing foreign exchange risk through forward exchange contracts and other measures. - 2026-05-14MitigatedResults
「為替差益 ― 30,133」
前期の為替差損97,140千円から、当期は為替差益30,133千円へ転じている。 - FY2026-H1Lower Foreign Exchange LossesAnnual report
「Foreign exchange losses 38,722」
Foreign exchange losses decreased from ¥238.789 million in the same period of the previous year to ¥38.722 million in the six-month interim consolidated accounting period, but the impact of exchange-rate fluctuations continued to materialize as a loss. - FY2025MaterialisedAnnual report
「Foreign exchange losses 97,140」
Foreign exchange gains of ¥133.957 million in the previous fiscal year turned into foreign exchange losses of ¥97.14 million in FY2025, making the impact of exchange-rate fluctuations evident as a loss. - FY2025-H1MaterialisedAnnual report
「Foreign exchange losses — 238,789」
Foreign exchange gains of ¥111.822 million in the same period of the previous year turned into foreign exchange losses of ¥238.789 million in the six-month interim consolidated accounting period, making the impact of exchange-rate fluctuations evident as a loss. - FY2024Continued decline in foreign-exchange gainsAnnual report
「Foreign exchange gains 204,786 133,957」
Foreign exchange gains decreased from ¥204.786 million in the previous fiscal year to ¥133.957 million, but continued to be recorded as non-operating income. - FY2024-Q3Continued decline in foreign-exchange gainsAnnual report
「Foreign exchange gains 208,510 48,565」
Foreign exchange gains decreased from ¥208.51 million in the same period of the previous year to ¥48.565 million, but continued to be recorded as non-operating income. - FY2024-Q2Continued decline in foreign-exchange gainsAnnual report
「Foreign exchange gains 350,903 111,822」
Foreign exchange gains for the six months ended the second quarter were ¥111.822 million, down from ¥350.903 million in the same period of the previous year. Meanwhile, the impact of exchange-rate fluctuations continued to appear in non-operating income. - FY2024-Q1Decrease in Foreign-Exchange GainAnnual report
「Foreign exchange gains 270,395 90,888」
Foreign exchange gains decreased from ¥270.395 million in the same period of the previous year to ¥90.888 million, but continued to be recorded as non-operating income. - FY2023Continued foreign-exchange gainsAnnual report
「Foreign exchange gains 204,786」
This fiscal year, the impact of exchange-rate fluctuations associated with transactions denominated in foreign currencies and the translation of overseas subsidiaries appeared in non-operating income as ¥204.786 million in foreign exchange gains. - FY2023-Q3Continued foreign-exchange gainsAnnual report
「Foreign exchange gains 208,510」
In the nine months ended the third quarter, the Company recorded ¥208.51 million in foreign exchange gains, with the impact of exchange-rate fluctuations continuing to appear as a gain in profit or loss. - FY2023-Q2Continued foreign-exchange gainsAnnual report
「Foreign exchange gains 350,903」
In the six months ended the second quarter, the impact of exchange-rate fluctuations appeared in non-operating income as ¥350.903 million in foreign exchange gains. - FY2023-Q1Foreign Exchange Gains RecognizedAnnual report
「Foreign exchange gains 270,395」
In the first quarter, the impact of exchange-rate fluctuations appeared in non-operating income as ¥270.395 million in foreign exchange gains. - FY2022Foreign Exchange Gains RecognizedAnnual report
「Foreign exchange gains 207,779」
This fiscal year, the impact of exchange-rate fluctuations appeared in non-operating income as ¥207.779 million in foreign exchange gains, rather than foreign exchange losses. - FY2022-Q3Foreign Exchange Gains RecognizedAnnual report
「Foreign exchange gains 48,826」
In the nine months ended the third quarter, the impact of exchange-rate fluctuations appeared in non-operating income as ¥48.826 million in foreign exchange gains. - FY2022-Q2MaterialisedAnnual report
「Foreign exchange losses 17,683」
In the six months ended the second quarter, the Company recorded ¥17.683 million in foreign exchange losses, and the impact of exchange-rate fluctuations materialized as a loss. - FY2022-Q1MaterialisedAnnual report
「Foreign exchange losses 17,285」
In the nine months ended the first quarter, the Company recorded ¥17.285 million in foreign exchange losses, and the impact of exchange-rate fluctuations materialized as a loss. - FY2021MaterialisedAnnual report
「Foreign exchange losses 10,849」
The Company recorded ¥10.849 million in foreign exchange losses for the fiscal year, and the risk from exchange-rate fluctuations materialized as a loss. - FY2021-Q3MaterialisedAnnual report
「Foreign exchange losses 91,284」
In the nine months ended the third quarter, the Company recorded ¥91.284 million in foreign exchange losses as a non-operating expense, and the impact of exchange-rate fluctuations materialized as a loss. - FY2021-Q2MaterialisedAnnual report
「Foreign exchange losses 79,362」
In the six months ended the second quarter, the Company recorded ¥79.362 million in foreign exchange losses, and the risk from exchange-rate fluctuations materialized as a loss. - FY2021-Q1MaterialisedAnnual report
「Foreign exchange losses 17,645」
In the nine months ended the first quarter, the Company recorded ¥17.645 million in foreign exchange losses, and the impact of exchange-rate fluctuations materialized as a loss. - FY2020Continued foreign-exchange gainsAnnual report
「Foreign exchange gains 28,563」
The Company recorded ¥28.563 million in foreign exchange gains as non-operating income for the fiscal year, with the impact of exchange-rate fluctuations continuing to appear as a gain, as in the previous fiscal year. - FY2020-Q3Foreign exchange gains continue, while the foreign currency translation adjustment account decreasesAnnual report
「Foreign exchange gains 7,486 」
In the nine months ended the third quarter, foreign exchange gains of ¥7.486 million were recognized in profit or loss, while the foreign currency translation adjustment account decreased by ¥55.699 million, with the impact of exchange-rate fluctuations continuing to appear in the financial figures. - FY2020-Q2Foreign exchange gains and a decrease in the foreign currency translation adjustment accountAnnual report
「Foreign exchange gains 733 Decrease in the foreign currency translation adjustment account ¥109 million」
In the six months ended the second quarter, foreign exchange gains of ¥733,000 were recognized in profit or loss, while the foreign currency translation adjustment account decreased by ¥109 million, with the impact of exchange-rate fluctuations continuing to appear in the financial figures. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange losses 4,605」
In the first quarter, the Company recorded ¥4.605 million in foreign exchange losses as a non-operating expense, and the risk from exchange-rate fluctuations materialized as a loss. - FY2019MitigatedAnnual report
「The Group is implementing measures to mitigate foreign exchange fluctuation risk relating to transactions denominated in foreign currencies, but this risk cannot necessarily be eliminated completely. Depending on fluctuations in foreign exchange rates, the Group's business performance and financial condition may be adversely affected.」
It newly states that the Group is implementing measures to mitigate foreign exchange fluctuation risk. Meanwhile, a foreign exchange gain of ¥21 million was recorded in the current year's profit and loss. - FY2019-Q3Foreign exchange impact materialized as a gainAnnual report
「Ordinary profit was ¥78 million, down 80.2% year on year, despite the recognition of a foreign exchange gain and the reversal of the allowance for doubtful accounts, among other factors.」
During the nine-month consolidated period ended ..., the impact of foreign exchange fluctuations materialized as a foreign exchange gain, rather than a foreign exchange loss. - FY2019-Q2Foreign exchange impact materialized as a gainAnnual report
「Ordinary profit was ¥54 million, down 77.5% year on year, despite the recognition of a foreign exchange gain and the reversal of the allowance for doubtful accounts, among other factors.」
During the six-month period ended ..., the impact of foreign exchange fluctuations materialized as a foreign exchange gain, rather than the foreign exchange losses described for the previous fiscal year and certain quarters. - FY2019-Q1Foreign exchange impact materialized as a gainAnnual report
「Ordinary profit was ¥72 million, down 55.6% year on year, despite the recognition of a foreign exchange gain and the reversal of the allowance for doubtful accounts, among other factors.」
The impact of foreign exchange fluctuations materialized as a foreign exchange gain during the quarter, rather than the foreign exchange losses described previously. - FY2018MaterialisedAnnual report
「Due in part to a foreign exchange loss of ¥86 million incurred as a non-operating expense as a result of sharp foreign exchange fluctuations during the period, ordinary profit was ¥327 million, up 119.5% year on year.」
Foreign exchange fluctuation risk materialized during the year, and a foreign exchange loss of ¥86 million was recorded. - FY2018-Q3MaterialisedAnnual report
「Due in part to a foreign exchange loss of ¥38 million incurred as a non-operating expense, mainly because the Malaysian ringgit appreciated against the U.S. dollar, ordinary profit was ¥397 million, compared with an ordinary loss of ¥8 million in the same period of the previous year.」
Foreign exchange fluctuation risk materialized, and a foreign exchange loss of ¥38 million was recorded, mainly due to the appreciation of the Malaysian ringgit. - FY2018-Q2MaterialisedAnnual report
「A foreign exchange loss of ¥22 million was incurred as a non-operating expense, mainly because the Malaysian ringgit appreciated against the U.S. dollar.」
Foreign exchange fluctuation risk materialized during the quarter, and a foreign exchange loss of ¥22 million was recorded, mainly due to the appreciation of the Malaysian ringgit. - FY2018-Q1MaterialisedAnnual report
「A foreign exchange loss of ¥8 million was incurred as a non-operating expense, mainly because the Malaysian ringgit appreciated against the U.S. dollar.」
Foreign exchange fluctuation risk materialized during the quarter, and a foreign exchange loss of ¥8 million was recorded, mainly due to the appreciation of the Malaysian ringgit. - FY2017-Q3Foreign exchange impact materialized as a gainAnnual report
「A foreign exchange gain of ¥57 million was incurred as non-operating income, mainly because the Malaysian ringgit depreciated against the U.S. dollar.」
The impact of foreign exchange fluctuations materialized as a foreign exchange gain of ¥57 million, mainly due to the depreciation of the Malaysian ringgit, rather than the foreign exchange losses recorded through the previous quarter. It states that there has been no material change in the risk itself. - FY2017-Q2MaterialisedAnnual report
「In addition to a foreign exchange loss of ¥64 million incurred as a non-operating expense due to the yen's appreciation against the U.S. dollar, the Company incurred various expenses associated with the acquisition of Nihon Kenshi, resulting in an ordinary loss of ¥200 million, compared with ordinary profit of ¥442 million in the same period of the previous year.」
Foreign exchange risk resulting from yen appreciation continued to materialize as an actual loss, and a foreign exchange loss of ¥64 million was recorded. - FY2017-Q1MaterialisedAnnual report
「As the yen appreciated against the U.S. dollar, a foreign exchange loss of ¥50 million was incurred as a non-operating expense,」
Foreign exchange risk resulting from yen appreciation materialized as an actual loss, and a foreign exchange loss of ¥50 million was recorded. The foreign currency translation adjustment account also decreased by ¥175 million. - FY2016First statedAnnual report
「Depending on fluctuations in foreign exchange rates, the Group's business performance and financial condition may be adversely affected.」
It describes the impact of translating the overseas subsidiaries in the United States, Malaysia, China, India and Singapore into yen. The Group does not enter into forward exchange contracts or take other such measures.