Foreign Exchange Fluctuations Related to Translation of Overseas Subsidiaries' Financial Statements
First written in FY2016. 12 of 33 entries say "Mitigated", first in FY2017. Latest entry: FY2026.
Wise Holdings moved to the "Worse" side of this theme in 2019, 2 years after the typical company in this theme (2017).
The whole theme swung hardest in 2020: 13 of 28 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The main factors were an increase of ¥236 million in retained earnings and a ¥52 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥52 million during the fiscal year, and its impact on net assets improved from the direction of decrease described for the previous interim period. - FY2026-H1WorsenedAnnual report
「Valuation difference on available-for-sale securities Decrease 7,953 51,449 Foreign currency translation adjustment 65,865 Decrease 63,821」
The foreign currency translation adjustment changed from a ¥65,865 thousand increase in the same period of the previous year to a ¥63,821 thousand decrease in the current interim consolidated accounting period. Its balance on the balance sheet also decreased from ¥248,231 thousand to ¥193,138 thousand, and the impact of foreign exchange movements was reflected in a direction indicating deterioration. - FY2025-H1WorsenedAnnual report
「Foreign currency translation adjustment 57,494 65,865」
The foreign currency translation adjustment was ¥65,865 thousand in the current interim consolidated accounting period, compared with ¥57,494 thousand in the previous interim consolidated accounting period, and the impact on net assets from translating the financial statements of overseas subsidiaries was reflected in a direction indicating an increase. - FY2024Smaller increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment ¥69,024 thousand」
The foreign currency translation adjustment increased by ¥69,024 thousand. Although it continued to increase, the size of the increase narrowed from ¥89,977 thousand in the previous fiscal year. - FY2024-Q2Smaller increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment ¥57,494」
The foreign currency translation adjustment was ¥57,494 thousand, compared with ¥102,044 thousand in the same period of the previous year. Although it continued to increase, the size of the increase narrowed. - FY2024-Q1Smaller increase in the foreign currency translation adjustmentAnnual report
「This was attributable mainly to increases of ¥21 million in the valuation difference on available-for-sale securities and ¥14 million in the foreign currency translation adjustment, together with an ¥88 million decrease in retained earnings due to the recognition of quarterly net income attributable to owners of the parent of ¥46 million and a dividend payment of ¥135 million.」
The foreign currency translation adjustment increased by ¥14 million, and the impact of translating the financial statements of overseas subsidiaries continued to be reflected in net assets. - FY2023MitigatedAnnual report
「Foreign currency translation adjustment ¥89,977 thousand」
The foreign currency translation adjustment increased by ¥89,977 thousand, and the impact on net assets from translating the financial statements of overseas subsidiaries improved. - FY2023-Q3MitigatedAnnual report
「This was attributable mainly to a ¥182 million increase in retained earnings from the recognition of quarterly net income attributable to owners of the parent and a ¥136 million dividend payment, together with a ¥93 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥93 million, and the impact on net assets from translating the financial statements of overseas subsidiaries improved. - FY2023-Q2MitigatedAnnual report
「Other comprehensive income Foreign currency translation adjustment 5,864 102,044」
The foreign currency translation adjustment was ¥102,044 thousand in the current period, compared with ¥5,864 thousand in the same period of the previous year, and the impact on net assets from translating the financial statements of overseas subsidiaries improved. - FY2022MitigatedAnnual report
「Foreign currency translation adjustment Decrease ¥37,964 thousand ¥5,642 thousand」
The foreign currency translation adjustment changed from a ¥37,964 thousand decrease in the previous fiscal year to a ¥5,642 thousand increase in the current fiscal year. The impact on net assets from translating the financial statements of overseas subsidiaries improved. - FY2022-Q3WorsenedAnnual report
「This was attributable mainly to a ¥392 million increase in retained earnings from the recognition of quarterly net income attributable to owners of the parent and a ¥137 million dividend payment, together with a ¥16 million decrease in the foreign currency translation adjustment.」
The foreign currency translation adjustment decreased by ¥16 million, changing from ¥1,305 thousand at the end of the previous fiscal year to a negative ¥15,579 thousand at the end of the third quarter. The impact of translating the financial statements of overseas subsidiaries was reflected in net assets in a direction indicating deterioration. - FY2022-Q2MitigatedAnnual report
「Foreign currency translation adjustment Negative 26,548 5,864」
The foreign currency translation adjustment shifted from a decrease of ¥26.548 million in the same period of the previous year to an increase of ¥5.864 million in the cumulative second-quarter period, improving the impact on net assets arising from the translation of overseas subsidiaries’ financial statements. - FY2022-Q1MitigatedAnnual report
「This was mainly due to quarterly net income attributable to owners of the parent of ¥151 million and dividends of ¥137 million, resulting in a ¥13 million increase in retained earnings and a ¥19 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥19 million from the end of the previous consolidated fiscal year. Unlike the decrease in the first quarter of the previous year, the impact of currency translation on net assets improved. - FY2021WorsenedAnnual report
「Foreign currency translation adjustment 38,877 Negative 37,964」
The foreign currency translation adjustment shifted from an increase of ¥38.877 million in the previous fiscal year to a decrease of ¥37.964 million this fiscal year, and the period-end balance was ¥1.305 million. - FY2021-Q3WorsenedAnnual report
「Net assets increased by ¥26 million, or 0.2%, from the end of the previous consolidated fiscal year to ¥10,984 million. This was mainly due to quarterly net income attributable to owners of the parent of ¥174 million and dividends of ¥137 million, resulting in a ¥36 million increase in retained earnings and a ¥24 million increase in valuation difference on available-for-sale securities, while the foreign currency translation adjustment decreased by ¥44 million.」
The foreign currency translation adjustment arising from the translation of overseas subsidiaries’ financial statements decreased by ¥44 million from the end of the previous consolidated fiscal year, resulting in a negative balance of ¥11.626 million. - FY2021-Q2WorsenedAnnual report
「Foreign currency translation adjustment 16,238 Negative 26,548」
The foreign currency translation adjustment decreased by ¥26.548 million in the cumulative second-quarter period, reversing from the increase in the same period of the previous year and trending adversely. A foreign exchange loss of ¥5.502 million was also recognized in profit or loss. - FY2021-Q1WorsenedAnnual report
「Foreign currency translation adjustment 13,708 Negative 53,621」
The foreign currency translation adjustment decreased by ¥53.621 million in the cumulative first-quarter period, and the balance on the balance sheet changed from ¥32.942 million at the end of the previous fiscal year to negative ¥10.977 million. The impact of exchange rate movements appeared adversely in other comprehensive income and net assets. - FY2020MitigatedAnnual report
「Foreign currency translation adjustment ¥38.877 million」
Although the impact of exchange rates arising from the translation of overseas subsidiaries’ financial statements appeared in other comprehensive income, the foreign currency translation adjustment increased by ¥38.877 million this fiscal year, representing an improvement from the decrease in the previous fiscal year. - FY2020-Q3RestatedAnnual report
「This was mainly due to a ¥294 million quarterly net income attributable to owners of the parent, dividends of ¥138 million and other factors, resulting in a ¥155 million increase in retained earnings, a ¥16 million increase in the foreign currency translation adjustment and a ¥50 million increase in treasury shares.」
The foreign currency translation adjustment increased by ¥16 million, and the impact of exchange rate movements arising from the translation of overseas subsidiaries’ financial statements continued to affect net assets. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss - 567」
A foreign exchange loss of ¥567 thousand was recognized in the cumulative second-quarter period, with the impact of exchange rate movements arising from the translation of overseas subsidiaries’ financial statements and other factors appearing in profit or loss. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 2,085」
A foreign exchange loss of ¥2.085 million was recognized in the cumulative first-quarter period, with the impact of exchange rate movements arising from the translation of overseas subsidiaries’ financial statements appearing in profit or loss. - FY2019MaterialisedAnnual report
「Foreign currency translation adjustment Negative ¥9.508 million」
The impact of exchange rate movements arising from the translation of overseas subsidiaries’ financial statements appeared in other comprehensive income, and the foreign currency translation adjustment decreased by ¥9.508 million. - FY2019-Q3RestatedAnnual report
「Foreign currency translation adjustment 7,059 16,369」
The period-end balance of the foreign currency translation adjustment changed from ¥7.059 million at the end of the previous consolidated fiscal year to ¥16.369 million, and the impact arising from the translation of overseas subsidiaries’ financial statements continued to affect net assets. - FY2019-Q2RestatedAnnual report
「Foreign exchange gain ¥9.276 million」
The cumulative second-quarter period recorded a foreign exchange gain of ¥9.276 million, while the foreign currency translation adjustment decreased by ¥19 million, with the impact of exchange rate movements appearing in both profit or loss and net assets. - FY2019-Q1MaterialisedAnnual report
「Foreign exchange loss ¥2.161 million」
A foreign exchange loss of ¥2.161 million was recognized in the first quarter, with the impact of exchange rate movements appearing in profit or loss. - FY2018MitigatedAnnual report
「Foreign currency translation adjustment ¥32.152 million」
The foreign currency translation adjustment increased by ¥32.152 million during the period, and the balance at period-end improved from a negative balance to ¥7.059 million. The impact of exchange rate movements on net assets improved from the previous year. - FY2018-Q3MitigatedAnnual report
「Foreign exchange gain ¥8.845 million」
The cumulative third-quarter period recorded a foreign exchange gain of ¥8.845 million, up from a foreign exchange gain of ¥6.113 million in the same period of the previous year. The foreign currency translation adjustment also improved from negative ¥20.777 million at the end of the previous consolidated fiscal year to negative ¥5.312 million. - FY2018-Q2MitigatedAnnual report
「Foreign exchange gain ¥4.924 million」
The cumulative second-quarter period recorded a foreign exchange gain of ¥4.924 million, compared with a foreign exchange loss of ¥20.649 million in the cumulative period of the same quarter of the previous year. The foreign currency translation adjustment also improved from negative ¥20.777 million at the end of the previous consolidated fiscal year to negative ¥15.564 million. - FY2017MitigatedAnnual report
「Because the amounts in the foreign-currency financial statements of overseas subsidiaries are translated into yen in our consolidated financial statements, our consolidated financial statements are affected by fluctuations in the exchange rates between the yen and various currencies. Significant exchange rate fluctuations could adversely affect our group’s financial position and operating results.」
Continued disclosure of foreign currency translation risk. This fiscal year, the foreign exchange loss decreased by ¥26 million year on year, reducing the impact of exchange rate movements on profit or loss compared with the previous fiscal year. - FY2017-Q3RestatedAnnual report
「This was mainly due to a ¥58 million decrease in the foreign currency translation adjustment.」
The impact of exchange rates arising from the translation of overseas subsidiaries’ financial statements continued to affect changes in net assets. - FY2017-Q2RestatedAnnual report
「Foreign exchange loss 20,649」
A foreign exchange loss of ¥20.649 million was recognized in the cumulative second-quarter period, and the impact of exchange rate movements continued. - FY2017-Q1MaterialisedAnnual report
「Foreign exchange loss ¥18.279 million」
A foreign exchange loss of ¥18.279 million was recognized in the current quarter, and the foreign currency translation adjustment was also negative ¥19.230 million. - FY2016First statedAnnual report
「Because the amounts in the foreign-currency financial statements of overseas subsidiaries are translated into yen in our consolidated financial statements, our consolidated financial statements are affected by fluctuations in the exchange rates between the yen and various currencies.」
Described the translation impact arising from having overseas subsidiaries.