Risk of reduced competitiveness due to appreciation of the currencies of overseas production bases
First written in FY2016. 17 of 34 entries say "Mitigated", first in FY2019-Q1. Latest entry: 2026-07-31.
No other company in this theme has enough history to compare yet.
- 2026-07-31MitigatedEarnings
「経常利益についても、為替差益4千3百万円(前年同期は3千2百万円の為替差損)の計上等があったものの」
前年同期の為替差損から当四半期は為替差益へ転じ、為替変動による損益影響は改善した。 - FY2026MitigatedAnnual report
「Overall non-operating income and expenses resulted in a profit of ¥124 million, compared with a profit of ¥49 million in the same period of the previous year, due to the recording of a foreign exchange gain of ¥85 million, subsidy and grant income of ¥47 million, a value-added tax refund of ¥15 million, interest expense of ¥65 million and other items.」
The company shifted from a foreign exchange loss in the previous fiscal year to a foreign exchange gain of ¥85 million in the current fiscal year, improving the earnings impact of exchange rate movements. - 2026-06-05MitigatedEarnings presentation
「円安進行で為替差益85百万円(計画△31百万円)」
為替変動について、為替差損から為替差益へ転じ、2026年3月期は85百万円の差益となった。 - FY2026-H1MitigatedAnnual report
「Non-operating income Foreign exchange gain - 1,724 Non-operating expenses Foreign exchange loss 21,897 -」
On a consolidated basis, the company shifted from a foreign exchange loss of ¥21.897 million in the same period of the previous year to a foreign exchange gain of ¥1.724 million in the current interim period, improving the earnings impact of exchange rate movements. - FY2025WorsenedAnnual report
「Operating profit was ¥984 million, down ¥264 million, or 21.2%, year on year, while ordinary profit was ¥1.033 billion, down ¥380 million, or 26.9%, due in part to the recording of a foreign exchange loss of ¥38 million.」
The company shifted from a foreign exchange gain in the previous fiscal year to a foreign exchange loss of ¥38.394 million in the current fiscal year. The risk disclosure was also updated to include fluctuations in the yuan and Indonesian rupiah and translation differences on conversion into yen. - FY2024Foreign exchange gains continued to be recorded but declined year on yearAnnual report
「Overall non-operating income and expenses resulted in a profit of ¥165 million, compared with a profit of ¥174 million in the same period of the previous year, due to the recording of a foreign exchange gain of ¥139 million, subsidy income of ¥50 million and other items.」
The foreign exchange gain was positive at ¥139 million but declined from ¥145 million in the previous fiscal year. The company continued its hedging policy for foreign-currency-denominated transactions using forward exchange contracts and other instruments. - FY2024-Q3Continued decline in foreign exchange gainsAnnual report
「In addition, ordinary profit was ¥867 million, up ¥440 million, or 103.1%, year on year, due in part to the recording of a foreign exchange gain of ¥94 million.」
The foreign exchange gain for the cumulative third quarter was ¥94 million, down from ¥114.249 million in the same period of the previous year. The reduction in the positive impact of exchange rate movements continued. - FY2024-Q2Continued decline in foreign exchange gainsAnnual report
「In addition, ordinary profit was ¥771 million, up ¥586 million, or 317.0%, year on year, due in part to the recording of a foreign exchange gain of ¥143 million.」
The foreign exchange gain declined from ¥221.612 million in the same period of the previous year to ¥143.366 million, reducing the positive impact of exchange rate movements. - FY2024-Q1Foreign exchange gains decreasedAnnual report
「Ordinary profit was ¥55 million, down ¥81 million, or 59.5%, year on year, due mainly to a ¥96 million decline in foreign exchange gains from the same period of the previous year.」
The foreign exchange gain declined from ¥141.403 million in the same period of the previous year to ¥44.577 million, reducing the positive impact of exchange rate movements on earnings. - FY2023MitigatedAnnual report
「The company makes every effort to hedge risks on foreign-currency-denominated transactions through forward exchange contracts and other means, but sharp fluctuations in exchange rates could result in foreign exchange gains or losses exceeding expectations.」
The company continued its hedging policy using forward exchange contracts and other instruments, and recorded a foreign exchange gain of ¥145 million during the fiscal year. - FY2023-Q3MitigatedAnnual report
「The company recorded a foreign exchange gain of ¥114 million in ordinary profit, but ordinary profit was ¥427 million, down ¥197 million, or 31.6%, year on year.」
For the cumulative third quarter, the company recorded a foreign exchange gain of ¥114.249 million, and the positive impact of exchange rate movements on earnings continued. - FY2023-Q2MitigatedAnnual report
「Meanwhile, ordinary profit was ¥185 million, down ¥129 million, or 41.1%, year on year, despite the recording of a foreign exchange gain of ¥221 million, among other factors.」
Regarding exchange rate movements, the company recorded a foreign exchange gain of ¥221.612 million in the current quarter, up from a foreign exchange gain of ¥23.891 million in the same period of the previous year, increasing the positive impact on earnings. - FY2023-Q1MitigatedAnnual report
「Meanwhile, ordinary profit was ¥137 million, down ¥75 million, or 35.3%, year on year, despite the recording of a foreign exchange gain of ¥141 million, among other factors.」
Regarding exchange rate movements, the company recorded a foreign exchange gain of ¥141.4 million in the first quarter, improving the earnings impact from a foreign exchange loss in the same period of the previous year. - FY2022MitigatedAnnual report
「Overall non-operating income and expenses resulted in a profit of ¥143 million, compared with a profit of ¥90 million in the same period of the previous year, due to the recording of a foreign exchange gain of ¥105 million, insurance policy cancellation refunds of ¥39 million and subsidy income of ¥15 million, among other items.」
The company shifted from a foreign exchange loss in the previous fiscal year to a foreign exchange gain of ¥105 million in the current fiscal year, improving the earnings impact of exchange rate movements. - FY2022-Q2MitigatedAnnual report
「In terms of earnings, the gross profit margin improved from 26.3% to 28.2% due in part to efforts to reduce costs, mainly for materials, and cut various expenses. Operating profit was ¥289 million, down ¥9 million, or 3.3%, year on year, while ordinary profit was ¥314 million, up ¥32 million, or 11.7%, due in part to the recording of a foreign exchange gain of ¥23 million, compared with a foreign exchange loss of ¥31 million in the same period of the previous year.」
The company shifted from a foreign exchange loss in the same period of the previous year to a foreign exchange gain of ¥23.89 million in the current quarter, improving the earnings impact of exchange rate movements. - FY2022-Q1MitigatedAnnual report
「Foreign exchange gain 17,939」
In the first quarter, the company recorded a foreign exchange gain of ¥17.939 million, improving the earnings impact from a foreign exchange loss of ¥21.911 million in the same period of the previous year. - FY2021MitigatedAnnual report
「The company recorded a foreign exchange gain of ¥19.021 million in non-operating income and no foreign exchange loss in non-operating expenses.」
The company shifted from a foreign exchange loss of ¥25.992 million in the previous fiscal year to a foreign exchange gain of ¥19.021 million in the current fiscal year, improving the earnings impact of exchange rate movements. - FY2021-Q3WorsenedAnnual report
「Foreign exchange loss 46,378」
The foreign exchange loss for the cumulative third quarter was ¥46.378 million, up from ¥18.022 million in the same period of the previous year. - FY2021-Q2MitigatedAnnual report
「Foreign exchange loss 31,294」
The foreign exchange loss declined from ¥40.4 million in the same period of the previous year to ¥31.294 million, but losses from exchange rate movements continued to be incurred. - FY2021-Q1MitigatedAnnual report
「Foreign exchange loss 21,911」
The foreign exchange loss declined from ¥37.606 million in the same period of the previous year to ¥21.911 million, but losses from exchange rate movements continued to be incurred. - FY2020MaterialisedAnnual report
「Overall non-operating income and expenses included a foreign exchange loss of ¥25 million.」
The company shifted from a foreign exchange gain of ¥59.26 million in the same period of the previous year to a foreign exchange loss of ¥25.99 million in the current fiscal year, with the risk from exchange rate movements affecting earnings. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss 40,400」
A foreign exchange loss of ¥40.4 million was incurred during the cumulative second quarter, resulting in a shift from a foreign exchange gain in the same period of the previous year to a foreign exchange loss. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 37,606」
A foreign exchange loss of ¥37.606 million was incurred in the first quarter, resulting in a shift from a foreign exchange gain in the same period of the previous year to a foreign exchange loss. - FY2019MitigatedAnnual report
「A foreign exchange gain of ¥59 million was recorded, compared with a foreign exchange loss of ¥34 million in the same period of the previous year.」
Regarding exchange rate movements, the company shifted from a foreign exchange loss in the same period of the previous year to a foreign exchange gain of ¥59.26 million in the current fiscal year, improving the earnings impact. - FY2019-Q2MitigatedAnnual report
「Foreign exchange gain 52,498」
For the cumulative second quarter, the company recorded a foreign exchange gain of ¥52.498 million, and the earnings impact of exchange rate movements improved from a foreign exchange loss in the same period of the previous year. - FY2019-Q1MitigatedAnnual report
「Foreign exchange gain 31,042」
In the first quarter, the company recorded a foreign exchange gain of ¥31.042 million, compared with a foreign exchange loss in the same period of the previous year, indicating an improvement in the near-term earnings impact of exchange rate movements. - FY2018MaterialisedAnnual report
「A foreign exchange loss of ¥34 million was incurred, compared with a foreign exchange gain of ¥6 million in the same period of the previous year.」
A foreign exchange loss of ¥34.8 million was actually incurred during the fiscal year. - FY2018-Q3RestatedAnnual report
「While concerns remain about the impact of global economic disruptions and sharp fluctuations in foreign exchange rates and share prices, production and capital investment continue to recover gradually, and corporate earnings and business sentiment have also improved.」
The company continues to disclose instability in the external environment, including sharp foreign exchange rate fluctuations, but does not indicate any new specific impact of currencies in overseas production bases on competitiveness. - FY2018-Q1RestatedAnnual report
「While concerns remain about the impact of a slowdown in the global economy and sharp fluctuations in foreign exchange rates and share prices, production and capital investment have generally been recovering gradually despite some sluggishness, and corporate earnings and business sentiment have also improved.」
The company continues to disclose instability in the external environment, including sharp foreign exchange rate fluctuations, but does not indicate any new specific impact of currencies in overseas production bases on competitiveness. - FY2017RestatedAnnual report
「The Group's overseas production is conducted in China, Thailand and Indonesia, and appreciation of the Chinese yuan, Thai baht and Indonesian rupiah could adversely affect the price competitiveness of the Group's manufacturing subsidiaries.」
The risk of declining competitiveness at overseas manufacturing subsidiaries due to appreciation of the Chinese yuan, Thai baht and Indonesian rupiah remains. - FY2017-Q3RestatedAnnual report
「Although some areas of the Japanese economy showed signs of recovery, production and capital investment generally remained sluggish amid sharp fluctuations in foreign exchange rates and share prices, while corporate earnings and business sentiment improved only gradually.」
The company continues to disclose instability in the external environment, including sharp foreign exchange rate fluctuations. No additional changes were disclosed regarding the specific impact of appreciation of currencies in overseas production bases on competitiveness. - FY2017-Q2WorsenedAnnual report
「In terms of earnings, the company worked to reduce costs, mainly for materials, and cut various expenses, but the impact of the decline in gross profit due to lower sales was significant. Operating profit was ¥304 million, down ¥298 million, or 49.5%, year on year, while ordinary profit was ¥206 million, down ¥396 million, or 65.7%, due in part to foreign exchange losses resulting from the rapid appreciation of the yen.」
Foreign exchange losses resulting from the rapid appreciation of the yen continued to be incurred, and ordinary profit declined 65.7% year on year. - FY2017-Q1MaterialisedAnnual report
「Ordinary profit was ¥172 million, down ¥117 million, or 40.5%, year on year, due in part to foreign exchange losses resulting from the rapid appreciation of the yen.」
In connection with its overseas operations, foreign exchange losses resulting from the rapid appreciation of the yen have actually been incurred. - FY2016First statedAnnual report
「The Group's overseas production is conducted in China, Thailand and Indonesia, and appreciation of the Chinese yuan, Thai baht and Indonesian rupiah could adversely affect the price competitiveness of the Group's manufacturing subsidiaries.」
The Chinese yuan, Thai baht and Indonesian rupiah were identified as specific foreign exchange risks.