Risk of Yen Appreciation and U.S. Dollar Exchange Rate Fluctuations

「Foreign exchange gains 958 3,408」

「Foreign exchange losses ― 7,334」

「Foreign exchange gains 6,011 11,494」

「Foreign exchange gains ― 9,398」

「Foreign exchange losses － 1,953」

「Foreign exchange gains 29,040 9,696」

「Foreign exchange gains 20,244 6,011」

「Foreign exchange losses ― 3,183」

「In addition, the yen's depreciation, which was greater than in the second quarter, increased the contribution of foreign exchange movements to business development and earnings.」

「In addition, the yen has continued to depreciate sharply, positively affecting business development and earnings.」

「Foreign exchange gains 25,472 7,944」

「Ordinary profit amounted to ¥1,197 million, an increase of ¥124 million, or 11.6%, year on year, mainly due to foreign exchange gains of ¥36 million and equity in earnings of affiliates of ¥27 million.」

「Foreign exchange gains － 28,264」

「Foreign exchange gains ― 25,480」

「Foreign exchange gains ― 25,472」

「Foreign exchange losses 7,155 14,032」

「Non-operating expenses Foreign exchange losses 10,715 2,958」

「Foreign exchange losses 12,948 19」

「Non-operating expenses Foreign exchange losses 1,777 ―」

「Foreign exchange losses 6,359 7,155」

「Foreign exchange losses 1,434 10,715」

「Foreign exchange losses 4,088 12,948」

「Non-operating expenses Foreign exchange losses 18,341 1,777」

「Ordinary profit amounted to ¥1,743 million, an increase of ¥482 million, or 38.2%, year on year.」

「Foreign exchange losses 14,235 1,434」

「Foreign exchange losses 14,922 4,088」

「Non-operating expenses Foreign-exchange loss 12,449 18,341」

「Receivables denominated in foreign currencies are expected to be primarily denominated in U.S. dollars. If the yen appreciates sharply against the U.S. dollar, substantial foreign-exchange losses may arise and the Company may be unable to secure its projected profit, potentially affecting the performance of the Group. Foreign-exchange loss 16,871 19,115」

「Foreign-exchange loss 50,010 14,235」

「Foreign-exchange loss 47,833 14,922」

「Non-operating expenses Foreign-exchange loss 14,716 12,449」

「Receivables denominated in foreign currencies are expected to be primarily denominated in U.S. dollars. If the yen appreciates sharply against the U.S. dollar, substantial foreign-exchange losses may arise and the Company may be unable to secure its projected profit, potentially affecting the performance of the Group.」

「Non-operating expenses Foreign-exchange loss — 50,010」

「Japan's GDP continued to grow, and the economy gradually improved. However, the yen has appreciated since the beginning of the year, raising concerns over downside risks to corporate earnings, particularly among exporters. Business sentiment has deteriorated, leading to greater caution in decisions on capital investment plans, and uncertainty about the outlook continues.」

「Since the beginning of the year, the yen has appreciated and concerns have grown over downside risks to corporate earnings, particularly among exporters. The resulting deterioration in business sentiment has led to greater caution in deciding capital investment plans, increasing uncertainty about the outlook.」

「Receivables denominated in foreign currencies are expected to be primarily denominated in U.S. dollars. If the yen appreciates sharply against the U.S. dollar, substantial foreign-exchange losses may arise and the Company may be unable to secure its projected profit, potentially affecting the performance of the Group.」