Sharp exchange-rate fluctuations and uncertainty over overseas economies
First written in FY2017-Q1. 16 of 35 entries say "Materialised", first in FY2017-Q3. Latest entry: 2026-11-09.
The whole theme swung hardest in 2025: 73 of 159 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Non-operating income and expenses increased by ¥182 million, net, from the previous consolidated fiscal year. The main factor was that foreign exchange losses were recorded in the previous consolidated fiscal year, whereas foreign exchange gains were recorded in the current consolidated fiscal year, among other factors.」
Foreign exchange losses in the previous fiscal year turned into foreign exchange gains of ¥20.427 million in the current fiscal year, reducing the adverse impact of currency movements on non-operating income and expenses in the current fiscal year. - 2026-05-14MitigatedRevisions to earnings forecasts
「利益面では、原材料費及び販管費の増加により営業利益は1,735百万円（前年同期比5.0％減）となりましたが、為替の影響に加え、財務収益の増加などもあり、経常利益は2,190百万円（前年同期比4.3％増）、親会社株主に帰属する当期純利益は1,516百万円（前年同期比0.7％増）となりました。」
為替差損89,645千円だった前年度から、当年度は為替差益20,427千円となり、営業外損益における為替の悪影響は当期実績では低減している。 - FY2026-H1MitigatedAnnual report
「Non-operating income Interest income 61,383 Dividend income 170,023 Foreign exchange gain — 55,475」
Foreign exchange losses of ¥165.640 million in the same period of the previous year turned into foreign exchange gains of ¥55.475 million in the interim consolidated accounting period, reducing the adverse impact on non-operating income and expenses during the period. However, the foreign currency translation adjustment account decreased by ¥962 million. - FY2025MaterialisedAnnual report
「Non-operating income and expenses decreased by ¥223 million, net, from the previous consolidated fiscal year. The main factor was that foreign exchange gains were recorded in the previous consolidated fiscal year, whereas foreign exchange losses were recorded in the current consolidated fiscal year, among other factors.」
Foreign exchange gains in the previous fiscal year turned into foreign exchange losses of ¥89.645 million in the current fiscal year, with the impact of currency movements reflected in the results as a decline in non-operating income and expenses. - FY2025-H1MaterialisedAnnual report
「Foreign exchange gain 179,118 — Foreign exchange loss — 165,640」
Foreign exchange gains of ¥179.118 million in the same period of the previous year turned into foreign exchange losses of ¥165.640 million in the interim consolidated accounting period, showing the actual impact of currency movements on non-operating income and expenses. Meanwhile, in the United States, the weaker yen contributed to an increase in segment profit. - FY2024Decrease in foreign exchange gains and foreign exchange effects in certain regionsAnnual report
「Non-operating income and expenses decreased by ¥113 million, net, from the previous consolidated fiscal year. The main factor was a decrease in foreign exchange gains, among other factors.」
Across the company, non-operating income and expenses decreased by ¥113 million due to lower foreign exchange gains, while in Europe segment profit increased by ¥100 million, or 20.5% year on year, partly due to the impact of foreign exchange. The impact of foreign exchange is described differently depending on the region and the income or expense category. - FY2024-Q3MitigatedAnnual report
「⑤ Europe Sales of chip saws for metalworking remained solid, and, partly due to the impact of foreign exchange rates, revenue was ¥635 million, up 1.5% year on year, while segment profit (operating profit) was ¥68 million, up 13.4% year on year.」
In Europe, the impact of foreign exchange was also mentioned, while revenue and segment profit exceeded the levels of the same period of the previous year. Although foreign exchange movements remain, their impact on results in the region during the current quarter was reflected as a factor contributing to higher profit. - FY2024-Q1MitigatedAnnual report
「Segment profit (operating profit) was ¥41 million, up 125.9% year on year, due to a review of selling prices and the effect of the weaker yen.」
In the United States, the effect of the weaker yen contributed to the increase in segment profit, which rose 125.9% year on year. Foreign exchange risk remains, but in the region during the current quarter the weaker yen was reflected as a contribution to profit. - FY2023-Q3MaterialisedAnnual report
「② China Due to lower sales of chip saws for metalworking and a decline in orders for chip saws for housing materials, resulting from the impact of the zero-COVID policy and other factors, revenue was ¥4,221 million, down 0.1% year on year. Segment profit (operating profit) was ¥622 million, down 42.0% year on year, due to soaring raw material prices, the impact of foreign exchange rates and other factors.」
The China segment cited the impact of foreign exchange and other factors as contributors to the decline in segment profit, which fell 42.0% year on year. The impact of foreign exchange risk was reflected in the results. - FY2023-Q2MitigatedAnnual report
「As a result, revenue for the six-month period ended September was ¥7,211 million, up 3.1% year on year, supported by solid domestic sales and the effect of the weaker yen. Ordinary income was ¥1,646 million, up 5.3% year on year, partly due to foreign exchange gains resulting from the weaker yen.」
The effect of the weaker yen contributed to the increase in revenue, while foreign exchange gains resulting from the weaker yen contributed to the increase in ordinary income. Foreign exchange risk remains, but its impact on the current quarter's results was reflected as a contribution to profit. The situation is shown in the figures. - FY2023-Q1MitigatedAnnual report
「Ordinary income was ¥941 million, up 31.4% year on year, partly due to foreign exchange gains resulting from the weaker yen.」
Foreign exchange gains of ¥142.373 million resulting from the weaker yen contributed to the increase in ordinary income. Foreign exchange risk itself remains, but its impact on the current quarter's results was reflected as a contribution to profit. - FY2022MitigatedAnnual report
「Non-operating income and expenses increased by ¥96 million, net, from the previous consolidated fiscal year. The main factor was an increase in foreign exchange gains, among other factors.」
Foreign exchange gains increased from ¥4.766 million in the previous fiscal year to ¥100.023 million in the current fiscal year, boosting non-operating income and expenses for the current fiscal year. Although foreign exchange risk remains recognized, its adverse impact on the current fiscal year's results was lower than in the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gain — 52,997」
Foreign exchange losses of ¥51.792 million in the same period of the previous year turned into foreign exchange gains of ¥52.997 million in the nine-month period ended December, temporarily reducing the adverse impact of currency movements on non-operating income and expenses. - FY2022-Q2MaterialisedAnnual report
「Foreign exchange gain 16,301 — Foreign exchange loss — 16,087」
Foreign exchange gains of ¥16.301 million in the same quarter of the previous year turned into foreign exchange losses of ¥16.087 million in the current quarter, showing the actual impact of currency movements on non-operating income and expenses. - FY2022-Q1MaterialisedAnnual report
「Foreign exchange loss — 14,393」
The foreign exchange gain of ¥34.545 million in the same quarter of the previous year turned into a foreign exchange loss of ¥14.393 million in the current quarter, showing the actual impact of exchange-rate fluctuations in non-operating income and expenses. - FY2021-Q3MaterialisedAnnual report
「Non-operating expenses Foreign exchange loss 11,120 51,792」
The foreign exchange loss increased from ¥11.120 million in the same period of the previous year to ¥51.792 million, showing the impact of exchange-rate fluctuations in actual results as non-operating expenses. - FY2021-Q2MaterialisedAnnual report
「Due to lower sales of metal-cutting circular saws, net sales fell 24.9% year on year to ¥253 million, while the impact of foreign exchange also contributed to a 61.4% decline in segment profit (operating income) to ¥10 million.」
In Europe, the impact of foreign exchange was cited as a factor behind the decline in segment profit, with net sales of ¥253 million and segment profit down 61.4% year on year. - FY2021-Q1MitigatedAnnual report
「In terms of earnings, operating income fell 23.1% year on year to ¥331 million due to production adjustments accompanying lower orders and other factors, while ordinary income rose 4.6% to ¥420 million due to foreign exchange gains and other factors.」
Unlike the same quarter of the previous year, when the impact of foreign exchange, including yen appreciation, weighed on earnings, foreign exchange gains and other factors contributed to the increase in ordinary income in the current quarter. - FY2020MaterialisedAnnual report
「Non-operating income and expenses decreased by ¥143 million, net, from the previous consolidated fiscal year. The main factor was that a foreign exchange gain recorded in the previous consolidated fiscal year turned into a foreign exchange loss in the current consolidated fiscal year.」
The foreign exchange gain recorded in the previous fiscal year turned into a foreign exchange loss in the current fiscal year, and the impact of exchange-rate fluctuations appeared in actual results as a decline in non-operating income and expenses. - FY2020-Q3MaterialisedAnnual report
「In addition to lower sales of metal-cutting circular saws, mainly due to deteriorating performance at automobile manufacturers, the impact of foreign exchange caused net sales to decline 12.0% year on year to ¥481 million and segment profit (operating income) to decline 12.2% to ¥42 million.」
In Europe, the impact of foreign exchange appeared in actual results as a factor behind the declines in net sales and segment profit, together with lower sales. - FY2020-Q2MaterialisedAnnual report
「In terms of earnings, operating income rose 18.6% year on year to ¥898 million, while ordinary income fell 5.8% to ¥905 million and net income attributable to owners of the parent fell 12.8% to ¥631 million, partly due to the impact of yen appreciation on foreign exchange.」
The impact of foreign exchange resulting from yen appreciation appeared in actual results as a factor behind the declines in ordinary income and net income attributable to owners of the parent. - FY2020-Q1MaterialisedAnnual report
「In terms of earnings, operating income rose 0.6% year on year to ¥431 million, while ordinary income fell 21.0% to ¥402 million and net income attributable to owners of the parent fell 30.2% to ¥297 million, due to higher costs including depreciation and amortization from capital investment and the impact of yen appreciation on foreign exchange, among other factors.」
The impact of foreign exchange resulting from yen appreciation appeared in actual results as a factor behind the declines in ordinary income and net income attributable to owners of the parent. - FY2019MitigatedAnnual report
「The main factor was that a foreign exchange loss recorded in the previous consolidated fiscal year turned into a foreign exchange gain in the current consolidated fiscal year.」
The foreign exchange loss recorded in the previous fiscal year turned into a foreign exchange gain of ¥52 million in the current fiscal year, reducing the adverse impact of exchange-rate fluctuations on performance from the previous fiscal year. - FY2019-Q2MaterialisedAnnual report
「Although sales of circular saws for housing materials and metal-cutting circular saws increased slightly in local-currency terms, the impact of foreign exchange caused net sales to decline 3.2% year on year to ¥868 million and segment profit (operating income) to decline 1.4% to ¥108 million.」
Although sales in local-currency terms increased slightly in the United States, the impact of foreign exchange caused net sales and segment profit to fall below the levels of the same period of the previous year, showing the actual impact of exchange-rate fluctuation risk on performance. - FY2019-Q1RestatedAnnual report
「Supported by firm sales of metal-cutting circular saws, net sales rose 13.9% year on year to ¥198 million, while segment profit (operating income), partly reflecting the impact of foreign exchange, rose 51.2% to ¥20 million.」
Although the impact of foreign exchange is mentioned in Europe, net sales and segment profit exceeded the levels of the same period of the previous year. The previous assessment of the risk from exchange-rate fluctuations remains unchanged. - FY2018MitigatedAnnual report
「Non-operating income and expenses increased by ¥52 million, net, from the previous consolidated fiscal year, mainly because the foreign exchange loss declined.」
The foreign exchange loss declined from ¥48 million in the previous fiscal year to ¥20 million in the current fiscal year, reducing the adverse impact of exchange-rate fluctuations on performance. - FY2018-Q3MitigatedAnnual report
「Foreign exchange gain of ¥70.558 million」
A foreign exchange gain of ¥70.558 million was recorded for the nine months ended December 31, compared with a foreign exchange loss of ¥19.169 million in the same period of the previous year, reducing the adverse impact of foreign exchange on performance. - FY2018-Q2MitigatedAnnual report
「As sales generally remained firm in domestic and overseas markets, net sales for the six months ended September 30 rose 12.9% year on year to ¥5,519 million. In terms of earnings, operating income rose 33.3% to ¥827 million, while ordinary income rose 74.4% to ¥1,002 million, partly due to the impact of foreign exchange.」
Compared with the foreign exchange loss recorded in the same quarter of the previous year, a foreign exchange gain of ¥71.602 million was recorded as non-operating income in the second quarter, reducing the adverse impact of foreign exchange on performance from the same quarter of the previous fiscal year. - FY2018-Q1MaterialisedAnnual report
「Sales of metal-cutting circular saws remained firm, but amid intensifying price competition and the impact of depreciation in local currencies, net sales rose 9.0% year on year to ¥174 million, while segment profit (operating income) fell 25.2% to ¥13 million.」
In Europe, depreciation of local currencies, together with intensifying price competition, became a factor behind the decline in segment profit, showing the actual impact of foreign exchange and overseas market risks on performance. - FY2017MaterialisedAnnual report
「Although sales in the domestic market remained broadly flat, the yen's appreciation caused consolidated net sales for the current fiscal year to decline to ¥9,946 million, down 4.1% year on year.」
Yen appreciation was an actual factor behind the decline in net sales, with the impact quantified as net sales of ¥9,946 million, down 4.1% year on year. - FY2017-Q3MaterialisedAnnual report
「Although sales generally remained firm in domestic and overseas markets, the yen's appreciation caused consolidated net sales for the nine months ended December 31 to decline to ¥7,338 million, down 4.1% year on year.」
Yen appreciation was an actual factor behind the decline in net sales, with the impact quantified as net sales of ¥7,338 million, down 4.1% year on year. - FY2017-Q2WorsenedAnnual report
「Although economic conditions in Europe remained firm, the outlook for the political and economic environment became uncertain following the UK's decision to leave the EU.」
Uncertainty following the UK's decision to leave the EU continues to be noted, and a foreign exchange loss of ¥120.729 million due to yen appreciation was recorded for the cumulative quarter. The risk from exchange-rate fluctuations has continued to appear as a loss. - FY2017-Q1First statedAnnual report
「The Japanese economy showed steady improvement in employment and income conditions, and residential investment remained firm. However, the outlook was uncertain due to sharp exchange-rate fluctuations and the UK's decision to leave the EU. In terms of earnings, operating income was ¥284 million, down 9.0% year on year, while ordinary income was ¥235 million, down 41.3% year on year, partly because the company recorded a ¥94 million foreign exchange loss.」
Sharp exchange-rate fluctuations and the UK's decision to leave the EU are cited as sources of uncertainty, and a ¥94 million foreign exchange loss was recorded during the quarter.