Export Decline Due to Yen Appreciation
First written in FY2017-Q1. 4 of 7 entries say "Restated". Latest entry: FY2020.
Seibu Electric & Machinery moved to the "Worse" side of this theme in 2020, 2 years after the typical company in this theme (2018).
The whole theme swung hardest in 2025: 16 of 20 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2020ReframedAnnual report
「Accordingly, exchange rates, economic trends in countries to which products are exported, political instability and natural disasters may affect our group’s overseas orders and sales.」
Rather than focusing on the effects of a stronger yen alone, the disclosure identifies the overseas environment as a whole, including exchange rates, as a risk affecting export orders and sales. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, orders totaled ¥11,894 million, up 32.7% year on year, partly due to increased exports resulting from the weaker yen.」
As in the previous quarter, increased exports resulting from the weaker yen are cited as a factor behind higher orders, indicating that the reversal from the decline in exports resulting from the stronger yen has continued. - FY2018-Q1MitigatedAnnual report
「During the cumulative first quarter under review, orders totaled ¥5,571 million, up 11.7% year on year, partly due to increased exports resulting from the weaker yen, while net sales totaled ¥3,617 million, up 15.8%.」
In contrast to the decline in exports resulting from the stronger yen cited in the previous fiscal year, the current quarter cites increased exports resulting from the weaker yen as a factor behind higher orders and net sales. - FY2017RestatedAnnual report
「Orders totaled ¥18,594 million, down 20.6% from the previous fiscal year. Net sales totaled ¥24,019 million, up 29.8%, due to the delivery of large projects.」
The decline in exports resulting from the stronger yen continues to be cited as a factor behind the annual decrease in orders. - FY2017-Q3RestatedAnnual report
「Orders totaled ¥14,366 million, down 28.1% year on year, as there were no large projects comparable to those ordered in the previous fiscal year, despite an increase in gate-related projects, and exports also declined due to the stronger yen.」
The decline in exports resulting from the stronger yen continues to be cited as a factor behind the decrease in orders. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, orders totaled ¥8,963 million, down 29.3% year on year. Although the number of gate-related projects increased, there were no large projects comparable to those ordered in the previous fiscal year, and exports also declined due to the stronger yen.」
The decline in exports resulting from the stronger yen continues to appear in the results explanation as a factor behind the decrease in orders. - FY2017-Q1MaterialisedAnnual report
「Orders totaled ¥4,987 million, down 8.6% year on year, partly due to a decline in exports resulting from the stronger yen, while net sales totaled ¥3,123 million, down 9.1% year on year.」
The decline in exports resulting from the stronger yen appears in the actual results explanation as a factor behind the quarterly decreases in orders and net sales.