Impact of Exchange-Rate Fluctuations on Performance
First written in FY2016. 9 of 19 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
- FY2026Increase in the impact of foreign exchange sensitivityAnnual report
「The impact on profit before tax in the consolidated income statement of a 1% appreciation of the yen against the U.S. dollar is as follows.」
The impact on profit before tax of a 1% appreciation of the yen was a ¥236 million decrease, up from a ¥215 million decrease in the previous fiscal year. - 2026-05-14MaterialisedEarnings presentation
「UATH earnings declined due to foreign exchange movements (stronger baht and weaker dollar)」
Foreign exchange movements resulting from a stronger baht and weaker dollar emerged as a factor behind the decline in UATH's earnings in FY2025. - FY2026-H1MaterialisedAnnual report
「Profitability was affected by persistently high raw material and supply prices, foreign exchange fluctuations and other factors, resulting in consolidated operating profit of ¥22,627 million, down 36.6%, interim profit before tax of ¥14,537 million, down 44.2%, and interim profit attributable to owners of the parent of ¥7,369 million, down 55.9%.」
Foreign exchange fluctuations, together with persistently high raw material and supply prices, were actually cited as factors behind the declines in operating profit, interim profit before tax and interim profit attributable to owners of the parent. - FY2025Increase in the impact of foreign exchange sensitivityAnnual report
「The impact on profit before tax in the consolidated income statement of a 1% appreciation of the yen against the U.S. dollar is as follows.」
The impact on profit before tax of a 1% appreciation of the yen was disclosed quantitatively as a ¥215 million decrease, up from a ¥108 million decrease in the previous fiscal year. - FY2024-Q2RestatedAnnual report
「Total assets as of the end of the second quarter of the current consolidated accounting period amounted to ¥938,304 million, up 4.8% from the end of the previous consolidated fiscal year, mainly due to an increase in inventories, foreign currency translation effects and other factors.」
Foreign currency translation effects continued to be cited as a factor behind the increase in total assets, continuing the theme of exchange rate movements affecting the financial position. - FY2024-Q1RestatedAnnual report
「Total assets as of the end of the first quarter of the current consolidated accounting period amounted to ¥942,654 million, up 5.2% from the end of the previous consolidated fiscal year, mainly due to an increase in inventories, foreign currency translation effects and other factors.」
Foreign currency translation effects were cited as a factor behind the increase in total assets, continuing the theme of exchange rate movements affecting the financial position. - FY2023-Q3RestatedAnnual report
「Net assets amounted to ¥273,893 million, up 10.6% year on year, mainly due to the recognition of quarterly net profit attributable to owners of the parent, an increase in the foreign currency translation adjustment and other factors.」
The increase in the foreign currency translation adjustment continues to emerge as a factor behind the increase in net assets, together with recognized profit. - FY2023-Q2RestatedAnnual report
「Net assets amounted to ¥294,171 million, up 18.8% year on year, mainly due to the recognition of quarterly net profit attributable to owners of the parent, an increase in the foreign currency translation adjustment accompanying yen depreciation and other factors.」
The increase in the foreign currency translation adjustment accompanying yen depreciation continues to emerge as a factor behind the increase in net assets, together with recognized profit. - FY2023-Q1Increase in the Foreign Currency Translation AdjustmentAnnual report
「Net assets amounted to ¥279,865 million, up 13.0% year on year, mainly due to the recognition of quarterly net profit attributable to owners of the parent, an increase in the foreign currency translation adjustment and other factors.」
The foreign currency translation adjustment, which had emerged as a factor behind the decline in net assets through the previous fiscal year, became a factor behind the increase in the current quarter and, together with recognized profit, contributed to the 13.0% increase in net assets from the end of the previous fiscal year. - FY2022-Q3RestatedAnnual report
「Net assets amounted to ¥225,010 million, up 14.5% year on year, mainly due to the recognition of quarterly net profit attributable to owners of the parent, an increase in the foreign currency translation adjustment and other factors.」
As in the previous quarter, the increase in the foreign currency translation adjustment became a factor behind the increase in net assets, together with recognized profit. - FY2022-Q2Foreign currency translation adjustment changed from a decrease to an increaseAnnual report
「Net assets amounted to ¥220,013 million, up 12.0% year on year, mainly due to the recognition of quarterly net profit attributable to owners of the parent, an increase in the foreign currency translation adjustment and other factors.」
The foreign currency translation adjustment, which had been cited as a factor behind the decline in net assets through the previous quarter, became a factor behind the increase in the current quarter and, together with recognized profit, contributed to the 12.0% increase in net assets from the end of the previous fiscal year. - FY2022-Q1MaterialisedAnnual report
「Net assets amounted to ¥210,708 million, up 7.3% year on year, mainly due to the recognition of quarterly net profit attributable to owners of the parent, an increase in the foreign currency translation adjustment and other factors.」
The increase in the foreign currency translation adjustment actually emerged as a factor behind the 7.3% year-on-year increase in net assets from the end of the previous fiscal year. - FY2021-Q2MaterialisedAnnual report
「Net assets amounted to ¥190,970 million, down 5.8% year on year, mainly due to the recognition of a quarterly net loss attributable to owners of the parent, a decline in the foreign currency translation adjustment and other factors.」
The decline in the foreign currency translation adjustment, together with the quarterly net loss attributable to owners of the parent, actually emerged as a factor behind the 5.8% year-on-year decrease in net assets from the end of the previous fiscal year. - FY2021-Q1MaterialisedAnnual report
「Net assets amounted to ¥192,343 million, down 5.1% year on year, mainly due to a decline in the foreign currency translation adjustment and other factors.」
The decline in the foreign currency translation adjustment actually emerged as a factor behind the 5.1% year-on-year decrease in net assets from the end of the previous consolidated fiscal year. - FY2017MaterialisedAnnual report
「Against this backdrop, although sales volume exceeded the previous fiscal year, the impact of lower ingot prices and foreign currency translation, among other factors, resulted in consolidated net sales of ¥568,316 million, down 1.3% year on year and broadly in line with the previous fiscal year.」
The impact of foreign currency translation was actually cited as a factor that pushed down full-year net sales despite the increase in sales volume. - FY2017-Q3MaterialisedAnnual report
「As of the end of the third quarter of the current consolidated accounting period, net assets were ¥173,752 million, down ¥4,830 million from the end of the previous consolidated fiscal year. Retained earnings increased due to the recognition of quarterly net profit attributable to owners of the parent, but the foreign currency translation adjustment declined due to yen appreciation and other factors.」
The decline in the foreign currency translation adjustment due to yen appreciation actually emerged as a factor behind the decrease in net assets, more than offsetting the increase in retained earnings. - FY2017-Q2MaterialisedAnnual report
「As of the end of the second quarter of the current consolidated accounting period, net assets were ¥163,561 million, down ¥15,021 million from the end of the previous consolidated fiscal year, despite an increase in retained earnings from the recognition of quarterly net profit attributable to owners of the parent. The decrease was mainly due to a decline in the foreign currency translation adjustment arising from yen appreciation and other factors.」
The disclosure states that the decline in the foreign currency translation adjustment due to yen appreciation actually affected the decrease in net assets. - FY2017-Q1MaterialisedAnnual report
「Against this backdrop, the Group's results were affected by a decline on translation into yen due to yen appreciation and by falling ingot prices, resulting in net sales of ¥138,753 million, down 5.6% year on year.」
The disclosure states that the decline on translation into yen due to yen appreciation actually affected net sales in the quarter. - FY2016First statedAnnual report
「If foreign exchange rate fluctuations exceed the assumptions of our Group, they may adversely affect the Group's operating results.」
The Group seeks to mitigate the impact through forward foreign exchange contracts and other measures, but fluctuations exceeding its assumptions remain a residual risk.