Impact of Exchange-Rate Movements on Overseas Costs and Earnings
First written in FY2016-Q2. 20 of 34 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 14 of 32 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「Foreign exchange gains 6,727 7,433」
Foreign exchange gains increased from ¥6.727 million in the same period of the previous year to ¥7.433 million, and the mitigation of the adverse impact of exchange-rate movements on earnings continued. - FY2025Slight decrease in foreign exchange gainsAnnual report
「Foreign exchange gains of ¥12 million, down 3.9% year on year, were recorded under non-operating income.」
Foreign exchange gains were ¥12 million, down 3.9% year on year, but foreign exchange gains, rather than losses, were recorded. - FY2025-H1Decline in Foreign Exchange GainsAnnual report
「Foreign exchange gains 20,135 6,727」
Foreign exchange gains declined from ¥20.135 million in the same period of the previous year to ¥6.727 million, but foreign exchange gains, rather than losses, were recorded. - FY2024MitigatedAnnual report
「Foreign exchange gains of ¥12 million, up 22.2% year on year, were recorded under non-operating income.」
Foreign exchange gains of ¥12 million, rather than foreign exchange losses, were recorded, continuing to mitigate the adverse impact of exchange-rate movements associated with overseas operations on earnings. - FY2024-Q1MitigatedAnnual report
「Foreign exchange gains 1,791 9,806」
Foreign exchange gains increased from ¥1.791 million in the same period of the previous year to ¥9.806 million, continuing to mitigate the adverse impact of exchange-rate movements on earnings. - FY2023Continued decline in foreign exchange gainsAnnual report
「A ¥10 million foreign exchange gain, down 24.6% from the previous fiscal year, was recorded in non-operating income.」
Foreign exchange gains decreased 24.6% year on year to ¥10 million, but a foreign exchange gain rather than a loss was recorded. - FY2023-Q3Continued decline in foreign exchange gainsAnnual report
「Foreign exchange gains 32,896 21,634」
Foreign exchange gains decreased from ¥32.896 million in the same period of the previous year to ¥21.634 million, but a foreign exchange gain rather than a loss was recorded. - FY2023-Q2Decline in Foreign Exchange GainsAnnual report
「Foreign exchange gains 24,324 16,986」
Foreign exchange gains decreased from ¥24.324 million in the same period of the previous year to ¥16.986 million, but a foreign exchange gain rather than a loss was recorded. - FY2023-Q1Decline in Foreign Exchange GainsAnnual report
「Foreign exchange gains 6,967 1,791」
Foreign exchange gains decreased from ¥6.967 million in the same period of the previous year to ¥1.791 million in the current period, but a foreign exchange gain rather than a loss was recorded. - FY2022MitigatedAnnual report
「A ¥13 million foreign exchange gain, up 22.1% from the previous fiscal year, was recorded in non-operating income.」
The foreign exchange loss in the previous fiscal year turned into a ¥13 million foreign exchange gain in the current fiscal year, mitigating the adverse impact of exchange-rate movements on earnings. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gains 10,316 32,896」
Foreign exchange gains increased from ¥10.316 million in the same period of the previous year to ¥32.896 million, continuing to mitigate the adverse impact of exchange-rate movements on earnings. - FY2022-Q2MitigatedAnnual report
「Foreign exchange gains 8,266 24,324」
Foreign exchange gains increased from ¥8.266 million in the same period of the previous year to ¥24.324 million in the current period, continuing to mitigate the adverse impact of exchange-rate movements on earnings. - FY2021MitigatedAnnual report
「A ¥11 million foreign exchange gain was recorded in non-operating income, compared with a ¥13 million foreign exchange loss in the previous fiscal year.」
The ¥13 million foreign exchange loss in the previous fiscal year turned into an ¥11 million foreign exchange gain in the current fiscal year, mitigating the adverse impact of exchange-rate movements on earnings. - FY2021-Q3MitigatedAnnual report
「Foreign exchange gains - 10,316」
The foreign exchange loss in the same period of the previous year turned into a ¥10.316 million foreign exchange gain in the cumulative third quarter, mitigating the adverse impact of exchange-rate movements on earnings. - FY2021-Q2MitigatedAnnual report
「Foreign exchange gains - 8,266」
The ¥4.290 million foreign exchange loss in the same period of the previous year turned into an ¥8.266 million foreign exchange gain in the current cumulative period, mitigating the impact of exchange-rate movements on earnings. - FY2021-Q1MitigatedAnnual report
「Foreign exchange gains － 9,709」
The ¥2.077 million foreign exchange loss in the same period of the previous year turned into a ¥9.709 million foreign exchange gain in the current quarter, mitigating the risk-related impact of exchange-rate movements on earnings. - FY2020WorsenedAnnual report
「A ¥13 million foreign exchange loss, up 333.3% from the previous fiscal year, was recorded in non-operating expenses.」
Foreign exchange losses increased from ¥3 million in the previous fiscal year to ¥13 million, expanding the impact of exchange-rate movements on earnings. - FY2020-Q3WorsenedAnnual report
「Foreign exchange losses － 8,030」
Foreign exchange losses for the cumulative third quarter rose from nil in the same period of the previous year to ¥8.030 million, and the impact of exchange-rate movements on earnings has emerged again. - FY2020-Q2WorsenedAnnual report
「Foreign exchange losses 2,494 4,290」
Foreign exchange losses for the cumulative second quarter increased from ¥2.494 million in the same period of the previous year to ¥4.290 million, expanding the impact of exchange-rate movements on earnings. - FY2020-Q1WorsenedAnnual report
「Foreign exchange losses 1,199 2,077」
Foreign exchange losses increased from ¥1.199 million in the same period of the previous year to ¥2.077 million, and the impact of exchange-rate movements on earnings expanded again. - FY2019MitigatedAnnual report
「Foreign exchange losses 9,767 3,044」
Foreign exchange losses decreased from ¥9.767 million in the previous fiscal year to ¥3.044 million, narrowing the impact of exchange-rate movements on earnings. - FY2019-Q3MitigatedAnnual report
「Foreign exchange losses 10,002 －」
Foreign exchange losses for the cumulative third quarter fell from ¥10.002 million in the same period of the previous year to nil, narrowing the impact of exchange-rate movements on earnings. - FY2019-Q2MitigatedAnnual report
「Foreign exchange losses 9,483 2,494」
Foreign exchange losses for the cumulative second quarter decreased from ¥9.483 million in the same period of the previous year to ¥2.494 million, narrowing the impact of exchange-rate movements on earnings. - FY2019-Q1MitigatedAnnual report
「As the foreign exchange loss recognized was smaller than in the same period of the previous year, among other factors, ordinary profit was ¥29 million, up 21.9% year on year, and net income attributable to owners of the parent was ¥18 million, up 2.1%.」
Foreign exchange losses decreased from ¥7.244 million in the same period of the previous year to ¥1.199 million, narrowing the impact of exchange-rate movements on earnings. - FY2018MitigatedAnnual report
「Non-operating expenses totaled ¥13 million, including a ¥9 million foreign exchange loss resulting from the yen's appreciation and ¥3 million in interest expenses.」
The foreign exchange loss was ¥9 million, down from ¥16 million in the previous fiscal year, narrowing the impact of exchange-rate movements on earnings. - FY2018-Q3MitigatedAnnual report
「Foreign exchange losses 13,690 10,002」
Foreign exchange losses for the cumulative third quarter decreased from ¥13.690 million in the same period of the previous year to ¥10.002 million, narrowing the impact of exchange-rate movements on earnings year on year. - FY2018-Q2MitigatedAnnual report
「Foreign exchange losses 14,513 9,483」
Foreign exchange losses for the cumulative second quarter decreased from ¥14.513 million in the same period of the previous year to ¥9.483 million, narrowing the impact of exchange-rate movements on earnings year on year. - FY2018-Q1WorsenedAnnual report
「Foreign exchange losses 3,260 7,244」
Foreign exchange losses increased from ¥3.260 million in the same period of the previous year to ¥7.244 million. Although the yen's appreciation helped contain some expenses, the impact of exchange-rate movements on earnings expanded. - FY2017MitigatedAnnual report
「Non-operating expenses totaled ¥25 million, including a ¥16 million foreign exchange loss resulting from the yen's appreciation and ¥4 million in interest expenses.」
The foreign exchange loss was ¥16 million, down from ¥28 million in the previous fiscal year. Although exchange-rate movements continued to affect earnings, the impact narrowed from the previous year. - FY2017-Q3MitigatedAnnual report
「Foreign exchange losses 44,082 13,690」
Foreign exchange losses decreased from ¥44.082 million in the same period of the previous year to ¥13.690 million, narrowing the impact of exchange-rate movements on earnings year on year. - FY2017-Q2MitigatedAnnual report
「Foreign exchange losses 31,807 14,513」
Foreign exchange losses for the cumulative quarterly period decreased from ¥31.807 million in the same period of the previous year to ¥14.513 million, although exchange-rate movements continue to affect earnings. - FY2016RestatedAnnual report
「Overseas center costs were contained by benefiting from the yen's appreciation from spring through autumn, but because foreign exchange hedges had been put in place when the yen was weaker, the full benefit of the yen's appreciation was not realized. In addition, a ¥28 million foreign exchange loss arose from the revaluation of foreign-currency deposits used to advance medical expenses and other payments overseas.」
The disclosure cites lower overseas center costs due to the yen's appreciation, the limited benefit from foreign exchange hedging, and a ¥28 million foreign exchange loss from the revaluation of foreign-currency deposits and other factors. - FY2016-Q3WorsenedAnnual report
「In addition, a ¥44 million foreign exchange loss arose from the revaluation of foreign-currency deposits used to advance medical expenses and other payments overseas, increasing non-operating expenses. As a result, ordinary profit was ¥73 million, down 19.4% year on year.」
A ¥44 million foreign exchange loss arose from the revaluation of foreign-currency deposits and other factors, and exchange-rate movements continue to weigh on ordinary profit. - FY2016-Q2First statedAnnual report
「A ¥31 million foreign exchange loss arose on foreign-currency deposits and other assets used to pay expenses, increasing non-operating expenses. As a result, ordinary profit was ¥62 million, down 18.4% year on year.」
Although a ¥31 million foreign exchange loss was incurred, the company explained that hedging against the yen's depreciation also helped contain overseas center costs when the yen appreciated.