Decline in the Yen-Converted Value of Overseas Order Backlog Due to Yen Appreciation
First written in FY2016. 14 of 24 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2025.
Aida Engineering moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2024: 9 of 23 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Revenue increased 4.5% year on year to ¥76,006 million, due in part to higher sales of medium- and large-sized presses, including standalone press machines, and services, as well as the impact of yen depreciation.」
Whereas declines in the converted value caused by yen appreciation had been recorded in the past, yen depreciation became a factor behind the increase in revenue in the current fiscal year. - FY2025-H1MaterialisedAnnual report
「Order backlog was ¥74,956 million, down 2.3% from the end of the previous fiscal year, due to orders received and the effect of yen appreciation. Revenue increased 8.5% year on year to ¥37,506 million, due in part to higher sales of medium- and large-sized presses, including standalone machines, and services, as well as the impact of yen depreciation.」
Yen appreciation contributed to the decline in order backlog, while yen depreciation contributed to the increase in revenue. The impact of foreign exchange movements is reflected in both order backlog and revenue. - FY2024MitigatedAnnual report
「Revenue increased 5.7% year on year to ¥72,742 million, due in part to higher sales of high-speed presses for electric vehicle applications and the impact of yen depreciation.」
Yen depreciation, rather than a decline in the converted value caused by yen appreciation, is identified as a factor behind the increase in revenue. - FY2024-Q3MitigatedAnnual report
「Revenue increased 7.2% year on year to ¥51,618 million, due in part to higher sales of high-speed presses for electric vehicle applications and the impact of yen depreciation.」
In contrast to the previous decline in the yen-denominated value of overseas revenue caused by yen appreciation, yen depreciation is identified as a factor behind the increase in revenue for the nine-month period. - FY2024-Q2MitigatedAnnual report
「Revenue increased 7.5% year on year to ¥34,575 million, due in part to higher sales of high-speed presses for electric vehicle applications and the impact of yen depreciation.」
In contrast to the previous decline in the yen-denominated value of overseas revenue caused by yen appreciation, yen depreciation is identified as a factor behind the increase in revenue. - FY2024-Q1MitigatedAnnual report
「Revenue increased 23.4% year on year to ¥16,867 million, due in part to higher sales of high-speed presses for electric vehicle applications and the impact of yen depreciation.」
In contrast to the previous decline in the yen-denominated value of overseas revenue caused by yen appreciation, yen depreciation is identified as a factor behind the increase in revenue. Foreign exchange losses also declined from ¥159 million in the same period of the previous year to ¥31 million in the current period. - FY2023-Q3MaterialisedAnnual report
「Foreign exchange losses 92」
Foreign exchange losses of ¥92 million were recorded for the nine-month period, and the impact of foreign exchange movements actually materialised as non-operating expenses. - FY2023-Q2MaterialisedAnnual report
「Foreign exchange losses 97」
Foreign exchange losses of ¥97 million were recorded for the six-month period ended 30 September, and the impact of foreign exchange movements actually materialised as non-operating expenses. - FY2023-Q1MaterialisedAnnual report
「Foreign exchange loss 159」
Foreign exchange losses of ¥159 million were recorded for the three-month period ended 30 June, and the impact of foreign exchange movements actually materialised as non-operating expenses. - FY2022MaterialisedAnnual report
「Foreign exchange losses 269」
Regarding foreign exchange movements, foreign exchange losses of ¥269 million were recorded as non-operating expenses for the fiscal year. - FY2022-Q3MaterialisedAnnual report
「Foreign exchange losses 73」
Foreign exchange losses of ¥73 million were recorded for the nine-month period. Foreign exchange gains in the previous nine-month period changed to a loss arising from foreign exchange movements. - FY2022-Q2MitigatedAnnual report
「Foreign exchange gains 11」
Compared with the ¥79 million foreign exchange loss recorded in the same period of the previous year, the six-month period ended 30 September recorded an ¥11 million foreign exchange gain, representing an improvement in foreign exchange gains and losses. - FY2021MaterialisedAnnual report
「Foreign exchange loss 236」
Regarding foreign exchange movements, foreign exchange losses of ¥236 million were recorded as non-operating expenses for the fiscal year. - FY2019-Q3MitigatedAnnual report
「Operating profit declined 10.1% year on year to ¥3,723 million due in part to a higher cost ratio, while ordinary profit increased 2.3% to ¥4,109 million, due in part to improved foreign exchange gains and losses」
Whereas foreign exchange losses and other items had contributed to the decline in ordinary profit through the previous fiscal year, improved foreign exchange gains and losses are identified as a factor behind the increase in ordinary profit for the nine-month period ended 31 December. - FY2019-Q2MitigatedAnnual report
「Operating profit declined 18.9% year on year to ¥2,334 million due in part to a higher cost ratio, while ordinary profit declined 6.5% to ¥2,651 million, due in part to improved foreign exchange gains and losses」
Whereas foreign exchange losses and other items had contributed to the decline in ordinary profit through the previous fiscal year, improved foreign exchange gains and losses are identified as a factor affecting ordinary profit for the six-month period ended 30 September. - FY2019-Q1MitigatedAnnual report
「Operating profit declined 8.5% year on year to ¥1,203 million due in part to a higher cost ratio, while ordinary profit increased 8.7% to ¥1,369 million, due to improved foreign exchange gains and losses.」
Whereas foreign exchange losses and other items had contributed to the decline in ordinary profit through the previous fiscal year, improved foreign exchange gains and losses are identified as a factor behind the increase in ordinary profit in the first quarter. - FY2018-Q3MaterialisedAnnual report
「Operating profit declined 8.6% year on year to ¥4,141 million due to a higher cost ratio and expenses related to the 100th anniversary, while ordinary profit declined 16.2% to ¥4,016 million due in part to foreign exchange losses and the absence of insurance surrender gains recorded in the same period of the previous year,」
Foreign exchange losses of ¥299 million were recorded, and the impact of foreign exchange movements continued to actually contribute to the decline in ordinary profit for the nine-month period ended 31 December. - FY2018-Q2MaterialisedAnnual report
「Ordinary profit declined 21.0% year on year to ¥2,834 million, due in part to foreign exchange losses.」
The impact of yen appreciation and foreign exchange movements actually materialised not only as a decline in the yen-denominated value of overseas revenue but also as foreign exchange losses included in ordinary profit for the six-month period ended 30 September. - FY2018-Q1MaterialisedAnnual report
「Ordinary profit declined 8.6% year on year to ¥1,259 million, due in part to foreign exchange losses」
In addition to the previous decline in the yen-denominated value of overseas revenue, foreign exchange losses actually occurred in the first quarter and are stated to have contributed to the decline in ordinary profit. - FY2017MaterialisedAnnual report
「Revenue declined 10.6% year on year to ¥67,547 million, due to the decrease in the yen-denominated value of overseas revenue caused by yen appreciation and lower sales of press machinery for automotive-related applications in Japan and Asia. Operating profit declined 17.7% year on year to ¥6,617 million due to lower revenue and the impact of yen appreciation,」
The decline in the yen-denominated value of overseas revenue caused by yen appreciation is stated to have actually contributed to declines in revenue and operating profit for the year. - FY2017-Q3MaterialisedAnnual report
「Revenue declined 16.2% year on year to ¥47,650 million, due to the decrease in the yen-denominated value of overseas revenue caused by yen appreciation and lower sales of presses for automotive-related applications in Japan and Asia.」
The decline in the yen-denominated value of overseas revenue caused by yen appreciation is stated to have actually contributed to the decline in revenue for the nine-month period ended 31 December. - FY2017-Q2MaterialisedAnnual report
「Orders received during the six-month period ended 30 September declined both in Japan and overseas, to ¥25,919 million, down 40.3% year on year, while order backlog was ¥46,029 million, down 20.5%. Revenue declined 15.2% year on year to ¥31,768 million, due to the decrease in the yen-denominated value of overseas revenue caused by yen appreciation and lower sales of presses for automotive-related applications in Japan and Asia.」
The decline in the yen-denominated value of overseas revenue caused by yen appreciation is stated to have actually contributed to the decline in revenue, following its impact on order backlog. - FY2017-Q1MaterialisedAnnual report
「Revenue increased in Europe, mainly from automotive-related products, but declined 14.1% year on year to ¥15,338 million due to declines in other regions and the decrease in the yen-denominated value of overseas revenue caused by yen appreciation. Operating profit declined 39.6% year on year to ¥1,266 million due to lower revenue and the impact of yen appreciation,」
In addition to the previous decline in the yen-denominated value of the order backlog, yen appreciation this time is stated to have actually contributed to declines in the yen-denominated value of overseas revenue, revenue and operating profit. - FY2016First statedAnnual report
「Order backlog declined in yen terms due to yen appreciation in the second half of the fiscal year, to ¥51,878 million, down 0.1% year on year.」
This is cited as an actual instance in which yen appreciation in the second half of the fiscal year affected the yen-denominated value of the order backlog.