Foreign Exchange Fluctuations
First written in FY2016. 11 of 27 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Furukawa Electric moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 33 of 59 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Changes in the yen-converted amounts of the local-currency financial statements of overseas consolidated subsidiaries and other entities (a 1-yen appreciation against the US dollar is expected to reduce annual profit by approximately ¥500 million)」
Foreign exchange sensitivity increased from an annual profit reduction of approximately ¥400 million in the previous fiscal year to approximately ¥500 million. The impact of foreign exchange risk is being estimated at a higher level. - FY2026-H1Decline in foreign-exchange lossesAnnual report
「Foreign exchange loss 1,950」
A foreign exchange loss of ¥1.950 billion was recorded in the interim period under review, but this was down from ¥2.557 billion in the same period of the previous year. - FY2025WorsenedAnnual report
「(A 1-yen appreciation against the US dollar is expected to reduce annual profit by approximately ¥400 million)」
The foreign exchange loss worsened from ¥96 million in the previous fiscal year to ¥2.210 billion, and foreign exchange sensitivity was disclosed as an annual profit reduction of approximately ¥400 million. - FY2025-H1Shift from Foreign-Exchange Gains to LossesAnnual report
「Foreign exchange loss 2,557」
The interim period under review recorded a foreign exchange loss of ¥2.557 billion, compared with a foreign exchange gain of ¥2.089 billion in the same period of the previous year, shifting the impact of exchange-rate movements from a gain to a loss. - FY2024Shift from Foreign-Exchange Gains to LossesAnnual report
「(A 1-yen appreciation against the US dollar is expected to reduce annual profit by approximately ¥200 million)」
Foreign exchange sensitivity was revised from approximately ¥300 million to approximately ¥200 million annually. In addition, the foreign exchange gain of the previous fiscal year turned into a foreign exchange loss of ¥96 million in the current fiscal year. - FY2024-Q3Shift from Foreign-Exchange Gains to LossesAnnual report
「Foreign exchange loss 1,028」
The cumulative nine-month period under review recorded a foreign exchange loss of ¥1.028 billion, compared with a foreign exchange gain of ¥1.156 billion in the same period of the previous year, shifting the impact of exchange-rate movements from a gain to a loss. - FY2024-Q2Foreign exchange gains continue to declineAnnual report
「Ordinary loss was ¥3.6 billion, a ¥15.7 billion deterioration year on year, due mainly to a decrease in foreign exchange gains and equity-method investment gains.」
The foreign exchange gain decreased from ¥4.747 billion in the same period of the previous year to ¥2.089 billion, becoming a factor worsening ordinary income and loss. - FY2024-Q1Decrease in Foreign-Exchange GainsAnnual report
「Foreign exchange gain 1,244」
A foreign exchange gain of ¥1.244 billion was recorded for the cumulative first-quarter period, but this was down from ¥3.022 billion in the same period of the previous year. - FY2023-Q3Foreign exchange gains: continued but decreasedAnnual report
「Foreign exchange gain 1,156」
A foreign exchange gain of ¥1.156 billion was recorded for the cumulative nine-month period. This was an increase from ¥761 million in the cumulative nine-month period of the previous year, but a decrease from ¥4.747 billion in the cumulative second-quarter period of the previous year. - FY2023-Q2Increase in foreign exchange gainsAnnual report
「Foreign exchange gain 4,747」
The foreign exchange gain increased from ¥388 million in the same period of the previous year to ¥4.747 billion for the cumulative second-quarter period, with the impact of exchange-rate movements increasing in the direction of gains. - FY2023-Q1Shift to a Foreign-Exchange GainAnnual report
「Foreign exchange gain 3,022」
The foreign exchange gain increased from ¥161 million in the same period of the previous year to ¥3.022 billion in the first quarter under review, with the impact of exchange-rate movements increasing in the direction of gains. - FY2022SoftenedAnnual report
「(A 1-yen appreciation against the US dollar is expected to reduce annual profit by approximately ¥300 million)」
The Group continued to disclose foreign exchange sensitivity, but narrowed the stated range from approximately ¥300 million to ¥400 million annually to approximately ¥300 million. - FY2022-Q3Shift to a Foreign-Exchange GainAnnual report
「Foreign exchange gains 761」
A foreign exchange loss of ¥862 million was recorded in the same period of the previous year, compared with a foreign exchange gain of ¥761 million in the cumulative nine-month period under review. The direction of the impact of exchange-rate movements has changed. - FY2021-Q3MaterialisedAnnual report
「Foreign exchange loss 862」
A foreign exchange loss of ¥862 million was recorded for the cumulative nine-month period, and the impact of exchange-rate movements materialized in results. - FY2020RestatedAnnual report
「For the Group, a 1-yen appreciation against the US dollar is expected to reduce annual profit by approximately ¥300 million to ¥400 million.」
The Group newly disclosed sensitivity indicating that a 1-yen appreciation against the US dollar would reduce annual profit by approximately ¥300 million to ¥400 million. - FY2020-Q3MaterialisedAnnual report
「Foreign exchange loss 411」
A foreign exchange loss of ¥411 million was recorded for the cumulative nine-month period, and the impact of exchange-rate movements materialized in results. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss 790」
A foreign exchange loss of ¥790 million was recorded for the cumulative second-quarter period, and the impact of exchange-rate movements materialized in results. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 396」
A foreign exchange loss of ¥396 million was recorded in the first quarter, and the impact of exchange-rate movements materialized in results. - FY2019-Q3MaterialisedAnnual report
「Foreign exchange loss 1,037」
A foreign exchange loss of ¥1.037 billion was recorded for the cumulative nine-month period, and the impact of exchange-rate movements materialized in results. - FY2019-Q2MaterialisedAnnual report
「Foreign exchange loss 615」
A foreign exchange loss of ¥615 million was recorded for the cumulative second-quarter period, and the impact of exchange-rate movements materialized in results. - FY2019-Q1MaterialisedAnnual report
「Foreign exchange loss 437」
A foreign exchange loss of ¥437 million was recorded in the first quarter, and the impact of exchange-rate movements materialized in results. - FY2018RestatedAnnual report
「The Group conducts procurement and sales activities in various currencies and works to minimize the impact of exchange-rate fluctuations. However, sharp exchange-rate movements could affect the Group's business performance.」
The Group reiterated the risk that sharp exchange-rate movements could affect business performance and its policy of minimizing that impact. - FY2017MaterialisedAnnual report
「There was also a foreign exchange loss due to yen appreciation, but」
A foreign exchange loss due to yen appreciation was recorded during the fiscal year. - FY2017-Q3MaterialisedAnnual report
「Under these circumstances, the Group’s results for the nine months ended the third quarter, including the Company, consolidated subsidiaries and equity-method affiliates, were affected by foreign exchange effects from the stronger yen and temporary cost increases in the copper strip and high-performance materials businesses of the Electrical and Electronics segment. However, the Information and Communications Solutions business in the Infrastructure segment remained strong, and the copper foil business in the Functional Products segment recovered. As a result, net sales were ¥604.9 billion, down 6.2% year on year, while operating income was ¥23.8 billion, up 40.6% year on year.」
The impact of yen appreciation continued to affect results for the nine months ended the third quarter. However, the economic overview also states that the yen has recently turned toward depreciation. - FY2017-Q2MaterialisedAnnual report
「Despite the impact of yen appreciation and temporary cost increases in the copper strip and high-performance materials businesses of the Electrical and Electronics segment, sales declined 7.1% year on year to ¥397.6 billion, while operating profit increased 45.3% to ¥13.3 billion, reflecting strong performance in the Fiber and Cable business of the Infrastructure segment and a recovery in the copper foil business of the Functional Products segment.」
The impact of yen appreciation materialized in results for the cumulative period under review. - FY2017-Q1MaterialisedAnnual report
「Impact of yen appreciation on foreign exchange」
The impact of yen appreciation materialized in the current quarter and became a factor weighing on results. - FY2016First statedAnnual report
「The Automotive Parts business incurred higher import costs for products manufactured at overseas plants due to the weaker yen.」
The company disclosed higher import costs resulting from foreign exchange fluctuations as an actual result and identified the impact of sharp foreign exchange movements as a risk.