Foreign Exchange Risk Relating to Overseas Subsidiaries
First written in FY2016. 8 of 32 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.
- FY2026Small full-year foreign exchange gain remainsAnnual report
「Foreign exchange gains 4,502」
The impact of foreign exchange movements appeared as a full-year foreign exchange gain, but decreased substantially from ¥104.952 million in the previous fiscal year to ¥4.502 million. - FY2026-H1MaterialisedAnnual report
「Foreign exchange loss 11,839」
After turning from the ¥769.30 million foreign exchange gain in the same period of the previous year, the Company recorded a foreign exchange loss of ¥11.839 million in the interim consolidated accounting period. The loss impact of foreign exchange risk has re-emerged in results. - FY2025Full-year foreign exchange gain decreasedAnnual report
「Foreign exchange gain 104,952」
The full-year foreign exchange gain was ¥104.952 million, down from ¥394.28 million in the previous fiscal year. The impact of foreign exchange movements continued to appear on the gain side. - FY2025-H1First-half foreign exchange gain decreasedAnnual report
「Foreign exchange gain 317,186 76,930」
The foreign exchange gain decreased from ¥317.18 million in the same period of the previous year to ¥76.93 million in the current interim period. The impact of foreign exchange movements appeared on the gain side, but the contribution to earnings decreased. - FY2024Full-year foreign exchange gain increasedAnnual report
「In addition to recording a foreign exchange gain of ¥394 million due to foreign exchange movements, ordinary income was ¥369 million, an increase of ¥1,419 million from the previous fiscal year.」
The impact of foreign exchange movements appeared on the gain side, and the Company recorded a full-year foreign exchange gain of ¥394 million. This was up from ¥144 million in the previous fiscal year. - FY2024-Q3Foreign exchange gain recorded in the third quarterAnnual report
「In addition to recording a foreign exchange gain of ¥151 million due to foreign exchange movements and selling investment securities through the reduction of cross-shareholdings to improve capital efficiency, ordinary income was ¥295 million, an increase of ¥1,412 million from the same quarter of the previous year.」
The impact of foreign exchange movements continued to appear on the gain side, with a foreign exchange gain of ¥151 million recorded in the nine-month period ended in the third quarter. - FY2024-Q2First-half foreign exchange gain recordedAnnual report
「In addition to recording a foreign exchange gain of ¥317 million due to foreign exchange movements, ordinary income was ¥219 million, an increase of ¥561 million from the same quarter of the previous year.」
The impact of foreign exchange movements continued to appear as a foreign exchange gain, with ¥317 million recorded in the six-month period ended in the second quarter. - FY2024-Q1Quarterly foreign exchange gain edged downAnnual report
「In addition to recording a foreign exchange gain of ¥240 million due to foreign exchange movements, ordinary loss was ¥132 million, an increase of ¥361 million from the same quarter of the previous year.」
The impact of foreign exchange movements continued to appear as a foreign exchange gain, with a gain of ¥240 million recorded in the first quarter. The amount edged down from ¥245 million in the same quarter of the previous year. - FY2023Full-year foreign exchange gain decreasedAnnual report
「In addition to recording a foreign exchange gain of ¥144 million due to foreign exchange movements and subsidy income of ¥144 million from setting non-operating days, ordinary loss was ¥976 million, a decrease of ¥1.7 billion from the previous fiscal year.」
The impact of foreign exchange movements appeared as a foreign exchange gain, but the full-year foreign exchange gain decreased from ¥157.86 million in the previous fiscal year to ¥144.30 million. - FY2023-Q3Foreign exchange gains decreasedAnnual report
「The Company recorded a foreign exchange gain of ¥366 million in the six-month period ended in the second quarter. However, due to subsequent sharp fluctuations in foreign exchange rates, the foreign exchange gain decreased by ¥252 million to ¥113 million in the nine-month period ended in the third quarter, and ordinary loss was ¥1,117 million, a decrease of ¥1,546 million from the same quarter of the previous year.」
The impact of foreign exchange movements continues to appear in results, but the foreign exchange gain decreased from ¥366 million in the six-month period ended in the second quarter to ¥113 million in the nine-month period ended in the third quarter. - FY2023-Q2Foreign exchange gains increasedAnnual report
「In addition to recording a foreign exchange gain of ¥366 million due to the sharp depreciation of the yen, ordinary loss was ¥341 million, a decrease of ¥766 million from the same quarter of the previous year.」
The sharp depreciation of the yen resulted in a foreign exchange gain of ¥366 million, reversing the foreign exchange loss recorded in the same quarter of the previous year. This does not state that foreign exchange risk itself has disappeared. - FY2023-Q1Foreign exchange gain recorded amid sharp yen depreciationAnnual report
「Foreign exchange gain of ¥245 million due to the sharp depreciation of the yen」
After turning from the foreign exchange loss in the same quarter of the previous year, the Company recorded a foreign exchange gain of ¥245 million amid the sharp depreciation of the yen. This does not state that foreign exchange risk itself has disappeared. - FY2022Full-year foreign exchange gain increasedAnnual report
「Foreign exchange gain 157,862」
The Company recorded a foreign exchange gain of ¥157.862 million in the fiscal year, up from ¥55.736 million in the previous year. The impact of foreign exchange movements appeared on the gain side. - FY2022-Q3Change to a foreign exchange gainAnnual report
「Foreign exchange gain 32,048」
In contrast to the foreign exchange loss recorded in the same period of the previous year, the Company recorded a foreign exchange gain of ¥32.048 million in the nine-month period ended in the third quarter. This does not state that foreign exchange risk itself has disappeared. - FY2022-Q1MaterialisedAnnual report
「Foreign exchange loss 7,234」
After turning from the foreign exchange gain in the same quarter of the previous year, the Company recorded a foreign exchange loss of ¥7.234 million in the first quarter, with the loss impact of foreign exchange movements appearing in results. - FY2021RestatedAnnual report
「The impact of foreign exchange movements on full-year consolidated operating income is approximately ¥10 million per ¥1/US dollar. The Group is working to build a business structure capable of securing profits even when the yen appreciates, by promoting rationalization through manufacturing reform and automation.」
The impact of foreign exchange movements on results continues to be quantified at approximately ¥10 million per ¥1 per US dollar, with manufacturing reform and automation cited as countermeasures. - FY2021-Q3MaterialisedAnnual report
「Foreign exchange loss 24,659」
The Company recorded a foreign exchange loss of ¥24.659 million in the nine-month period ended in the third quarter. After foreign exchange movements had previously turned into a gain, their loss impact has re-emerged in results. - FY2021-Q1Change to a foreign exchange gainAnnual report
「Foreign exchange gain 44,910」
In contrast to the ¥23.110 million foreign exchange loss in the same period of the previous year, the Company recorded a foreign exchange gain of ¥44.910 million in the first quarter. This does not state that foreign exchange risk itself has disappeared. - FY2020WorsenedAnnual report
「The impact of foreign exchange movements on full-year consolidated operating income is approximately ¥10 million per ¥1/US dollar.」
The foreign exchange loss for the fiscal year was ¥94.720 million, up from ¥5.128 million in the previous fiscal year. The impact of foreign exchange movements on results is quantified at approximately ¥10 million per ¥1 per US dollar. - FY2020-Q3Foreign exchange losses decreasedAnnual report
「Foreign exchange loss 14,323」
The Company recorded a foreign exchange loss of ¥14.323 million in the nine-month period ended in the third quarter. The impact of foreign exchange risk continues to appear in results, but the amount decreased from the ¥39.262 million foreign exchange loss reported for the six-month period ended in the second quarter. - FY2020-Q2WorsenedAnnual report
「Ordinary income was ¥275 million, a decrease of ¥253 million, or 47.9%, from the same quarter of the previous year, mainly due to the increase in foreign exchange losses.」
The foreign exchange loss for the six-month period ended in the second quarter was ¥39.262 million, up from ¥7.409 million in the same period of the previous year. The loss impact of foreign exchange risk has expanded and is a factor behind the 47.9% decline in ordinary income. - FY2020-Q1WorsenedAnnual report
「In the first three months of the current fiscal year, net sales were ¥10,233 million, an increase of ¥524 million, or 5.4%, from the same period of the previous year. Operating income was ¥216 million, a decrease of ¥17 million, or 7.6%. Ordinary income was ¥138 million, a decrease of ¥78 million, or 36.2%, mainly due to the increase in foreign exchange losses. Net income attributable to owners of the parent was ¥0 million, a decrease of ¥24 million, or 99.4%.」
The foreign exchange loss increased from ¥7.160 million in the same period of the previous year to ¥23.110 million in the first quarter, resulting in a 36.2% year-on-year decrease in ordinary income. The loss impact of foreign exchange risk is expanding. - FY2019Full-year foreign exchange loss recordedAnnual report
「Foreign exchange loss 5,128」
The Company recorded a foreign exchange loss of ¥5.128 million in the fiscal year. Foreign exchange risk remains, but the amount decreased from the ¥28.329 million foreign exchange loss recorded in the previous fiscal year. - FY2019-Q3MaterialisedAnnual report
「Foreign exchange loss − 15,825」
In contrast to the foreign exchange gain in the same period of the previous year, the Company recorded a foreign exchange loss of ¥15.825 million in the nine-month period ended in the third quarter. The loss impact of foreign exchange volatility has re-emerged. - FY2019-Q1MaterialisedAnnual report
「Foreign exchange loss － 7,160」
The Company recorded a ¥7,160 thousand foreign exchange loss in the first quarter, reversing from the foreign exchange gain recorded in the same period of the previous year. The impact of exchange-rate fluctuations has again shifted toward losses. - FY2018-Q3RestatedAnnual report
「Foreign exchange gain 20,228」
Compared with the foreign exchange loss recorded in the same period of the previous year, the Company also recorded a ¥20,228 thousand foreign exchange gain in the third-quarter cumulative consolidated period. The disclosure does not state that the exchange-rate fluctuation risk itself has disappeared. - FY2018-Q2RestatedAnnual report
「Foreign exchange gain 16,143」
The reversal from the foreign exchange loss recorded in the same period of the previous year to a gain continued, and the Company recorded a ¥16,143 thousand foreign exchange gain in the second-quarter cumulative consolidated period. The disclosure does not state that the exchange-rate fluctuation risk itself has disappeared. - FY2018-Q1Foreign exchange impact reverses to a gainAnnual report
「Foreign exchange gain 8,981」
Compared with the foreign exchange loss recorded in the same period of the previous year, the Company recorded an ¥8,981 thousand foreign exchange gain in the first quarter. Although the direction of the quarterly impact reversed, the disclosure does not state that the exchange-rate fluctuation risk itself has disappeared. - FY2017-Q3MaterialisedAnnual report
「Sales of automotive components declined due to the impact of the stronger yen and other factors, despite higher overseas workloads.」
Although overseas workloads increased, the impact of the stronger yen continues to be evident as a factor behind the decline in automotive component sales. - FY2017-Q2MaterialisedAnnual report
「Ordinary profit was ¥755 million, down ¥183 million, or 19.5%, from the same quarter of the previous year, mainly due to higher foreign exchange losses resulting from the stronger yen. Net profit attributable to owners of the parent was ¥343 million, down ¥175 million, or 33.9%, year on year.」
Higher foreign exchange losses resulting from the stronger yen also occurred in the second-quarter cumulative consolidated period, and ordinary profit declined 19.5% year on year. - FY2017-Q1MaterialisedAnnual report
「Ordinary profit was ¥313 million, down ¥38 million, or 10.9%, from the same quarter of the previous year, mainly due to higher foreign exchange losses resulting from the stronger yen. Net profit attributable to owners of the parent was ¥142 million, down ¥3 million, or 2.5%, year on year.」
Higher foreign exchange losses resulting from the stronger yen materialised, and ordinary profit declined 10.9% year on year. The previously disclosed risk of exchange-rate fluctuations became evident in the quarter’s results. - FY2016First statedAnnual report
「The Company’s overseas consolidated subsidiaries primarily conduct imports and exports denominated in foreign currencies, so fluctuations in exchange rates could affect the Group’s operating performance.」
The company identifies the impact of exchange-rate fluctuations on operating performance as a risk, given the foreign-currency-denominated imports and exports of its overseas consolidated subsidiaries.