Impact of Exchange Losses from Yen Appreciation on Ordinary Profit

「Foreign exchange losses ¥152 million ¥7 million」

「As the yen depreciated, foreign exchange losses declined from the previous fiscal year, resulting in ordinary income of ¥8,008 million, or 115.2% of the previous fiscal year's level.」

「As exchange rates remained more stable than in the previous fiscal year, no valuation losses arose on foreign-currency-denominated assets, resulting in a substantial increase in ordinary income to ¥3,473 million, or 163.7%.」

「A substantial reduction in foreign exchange losses due to the reduction of foreign-currency-denominated assets resulted in a substantial increase in ordinary income to ¥1,209 million, compared with ¥8 million in the same period of the previous year.」

「¥6,953 million, or 77.9%, due to the impact of foreign exchange losses arising from temporary yen appreciation during the first half」

「Meanwhile, the rapid yen appreciation during the first half resulted in settlement losses on foreign-currency-denominated receivables and payables. Foreign exchange losses were therefore recorded in non-operating expenses, causing ordinary income to decline to ¥4,802 million, or 69.5%.」

「Meanwhile, substantial yen appreciation at the end of the second quarter compared with the previous fiscal year-end resulted in foreign exchange losses in non-operating expenses, causing ordinary income to decline substantially to ¥2,121 million, or 51.1%.」

「Meanwhile, a sharp recent change in exchange rates following a revision to the Bank of Japan's monetary policy resulted in substantial yen appreciation at the end of the first quarter compared with the previous fiscal year-end. Foreign exchange losses were therefore recorded in non-operating expenses, causing ordinary income to decline substantially to ¥8 million, or 0.5%.」

「Ordinary income was ¥8,927 million, or 93.2% of the previous fiscal year's level, due to foreign exchange gains recorded as the yen depreciated sharply.」

「Foreign exchange gains ¥462 million ¥2,497 million」

「Foreign exchange gains ¥460 million ¥1,207 million」

「Foreign exchange gains — ¥364 million」

「Non-operating income increased by ¥558 million from the previous fiscal year because substantial foreign exchange translation gains arose as the yen depreciated, and settlement proceeds were received following the conclusion of litigation brought in the United States.」

「Foreign exchange gains — ¥462 million」

「Foreign exchange gains — ¥460 million」

「Foreign exchange losses — ¥213 million」

「Foreign exchange losses ¥256 million ¥193 million」

「Foreign exchange losses — ¥119 million — ¥205 million」

「Foreign exchange losses — ¥220 million」

「Non-operating income included foreign exchange gains of ¥126 million.」

「Non-operating expenses included interest expense of ¥35 million, foreign exchange losses of ¥256 million, loss on disposal of fixed assets of ¥3 million, various expenses related to idle assets of ¥123 million, and litigation-related expenses of ¥109 million, among others.」

「Non-operating expenses included interest expense of ¥25 million, foreign exchange losses of ¥119 million, and various expenses related to idle assets of ¥79 million, among others.」

「Non-operating income included foreign exchange gains of ¥31 million.」

「In non-operating income and expenses, foreign exchange gains of ¥501 million recorded in the previous fiscal year turned into foreign exchange losses of ¥177 million in the current period, causing ordinary income to decline to ¥5,281 million, or 75.9%.」

「In non-operating income and expenses, foreign exchange gains of ¥439 million recorded in the same period of the previous year turned into foreign exchange losses of ¥142 million in the current period, leaving ordinary income at ¥4,006 million, or 93.5%.」

「In non-operating income and expenses, foreign exchange losses were recorded against a backdrop of a yen appreciation trend, leaving ordinary income at ¥2,672 million, or 98.2%.」

「As one measure to mitigate or reduce the impact of short-term foreign exchange fluctuations, the Group is promoting a higher overseas production ratio and, as necessary, also uses forward foreign exchange contracts and similar instruments. However, if the yen appreciates beyond the assumed exchange-rate level, this may adversely affect operating results.」

「In addition, foreign exchange gains were recorded as the yen turned weaker in the first half of the period. Ordinary income increased substantially to ¥4,284 million, or 138.7%, while net income attributable to owners of the parent, the final profit figure, increased substantially to ¥2,785 million, or 154.5%.」

「Meanwhile, substantial foreign exchange gains were recorded in the first half of the period as the yen remained on a weakening trend, and ordinary income increased to ¥2,721 million, or 111.4%.」

「Meanwhile, ordinary income increased to ¥1,122 million, or 116.9%, as the impact of the yen's depreciation trend resulted in substantial foreign exchange gains.」

「In non-operating income and expenses, substantial foreign exchange losses were recorded as the yen appreciated, and ordinary income was ¥4,123 million, or 96.9%.」

「In non-operating income and expenses, the yen's appreciation resulted in substantial foreign exchange losses, causing ordinary income to decline to ¥3,087 million, or 92.6%.」