Foreign exchange fluctuation risk and foreign exchange losses caused by yen appreciation
First written in FY2016. 16 of 24 entries say "Materialised", first in FY2016. Latest entry: FY2027-H1.
The whole theme swung hardest in 2025: 75 of 158 companies on the "Worse" side.
- FY2027-H1MitigatedAnnual report
「Foreign exchange gain 23」
A ¥23 million foreign exchange gain was recorded for the interim consolidated accounting period, improving the impact on profit and loss from the ¥37 million foreign exchange loss in the same period of the previous year. - FY2026RestatedAnnual report
「Our group seeks to reduce the impact through hedging, including forward exchange contracts and holding foreign-currency-denominated matching liabilities, but may be unable to avoid the impact of sharp fluctuations.」
The policy of reducing the impact of foreign exchange fluctuations through hedging continues. - FY2026-H1MaterialisedAnnual report
「Foreign-exchange losses 37」
A ¥37 million foreign exchange loss was recorded for the interim consolidated accounting period, indicating that the impact of foreign exchange fluctuations on profit and loss materialized in practice. - FY2025-H1MaterialisedAnnual report
「Foreign exchange gains 60」
A ¥60 million foreign exchange gain was recorded for the interim consolidated accounting period as the impact of foreign exchange fluctuations on profit and loss. - FY2025-H1MaterialisedAnnual report
「Foreign exchange gains 60」
A ¥60 million foreign exchange gain was recorded for the six months ended the interim consolidated accounting period, indicating that the impact of foreign exchange fluctuations on profit and loss materialized in practice. - FY2023-Q2MitigatedAnnual report
「Foreign exchange gain 214」
Amid sharp yen depreciation and other foreign exchange fluctuations, a ¥214 million foreign exchange gain was recorded for the six months ended the second quarter, with the impact of foreign exchange fluctuations emerging on the profit side. - FY2022-Q3MaterialisedAnnual report
「Foreign exchange loss 25」
A ¥25 million foreign exchange loss was recorded for the nine months ended the third quarter, indicating that the effects of foreign exchange fluctuations materialized in practice. - FY2022-Q1MaterialisedAnnual report
「Foreign exchange loss 56」
A ¥56 million foreign exchange loss was recorded for the three months ended the first quarter, with the impact of foreign exchange fluctuations again emerging as a loss. - FY2021MitigatedAnnual report
「Foreign exchange gain 166」
A ¥166 million foreign exchange gain was recorded for the consolidated fiscal year, improving the impact on profit and loss from the foreign exchange loss in the previous fiscal year. - FY2021-Q3MaterialisedAnnual report
「Foreign-exchange gains 43」
Although a ¥43 million foreign exchange gain was recorded for the nine months ended the third quarter, foreign currency translation adjustments decreased from ¥1,514 million at the end of the previous consolidated fiscal year to ¥889 million, and the effects of foreign exchange fluctuations continued. - FY2021-Q2MaterialisedAnnual report
「Foreign exchange loss 17」
A ¥17 million foreign exchange loss was recorded for the six months ended the second quarter, indicating that the effects of foreign exchange fluctuations continue to occur. - FY2021-Q1MaterialisedAnnual report
「Foreign exchange gain 75」
A ¥75 million foreign exchange gain was recorded for the three months ended the first quarter, while foreign currency translation adjustments decreased from ¥1,514 million at the end of the previous consolidated fiscal year to ¥1,007 million, indicating that the effects of foreign exchange fluctuations continue to occur. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss — 52」
A ¥52 million foreign exchange loss was recorded for the six months ended the second quarter. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 32」
A ¥32 million foreign exchange loss was recorded for the three months ended the first quarter. - FY2019-Q3MaterialisedAnnual report
「Foreign exchange loss — 25」
A ¥25 million foreign exchange loss was recorded for the nine months ended the third quarter in the quarterly consolidated income statement. - FY2019-Q1MaterialisedAnnual report
「Although quarterly net income attributable to owners of the parent was recorded, net assets decreased by ¥442 million from the end of the previous consolidated fiscal year to ¥35,731 million because the balance of foreign currency translation adjustments declined in response to the lower valuation of foreign-currency-denominated assets caused by yen appreciation, and because dividends were paid at the end of the first quarter of the consolidated fiscal year, among other factors.」
The valuation of foreign-currency-denominated assets declined because of yen appreciation, and the balance of foreign currency translation adjustments decreased. A ¥20 million foreign exchange loss was also recorded for the current quarter. - FY2018-Q3MitigatedAnnual report
「In addition, as the ¥273 million foreign exchange loss recorded in the same quarter of the previous year turned into a ¥154 million foreign exchange gain in the third quarter, ordinary profit was ¥3,812 million, up 18.3% year on year.」
The ¥273 million foreign exchange loss in the same period of the previous year turned into a ¥154 million foreign exchange gain in the current quarter, improving the impact of foreign exchange fluctuations on ordinary profit. - FY2018-Q2MitigatedAnnual report
「As the ¥535 million foreign exchange loss incurred in the same quarter of the previous year turned into a ¥102 million foreign exchange gain in the second quarter under review, ordinary profit was ¥2,582 million, up 36.4% year on year.」
The ¥535 million foreign exchange loss in the same period of the previous year turned into a ¥102 million foreign exchange gain in the current quarter, improving the impact of foreign exchange fluctuations on ordinary profit. - FY2018-Q1MitigatedAnnual report
「As the ¥469 million foreign exchange loss incurred in the same quarter of the previous year turned into a ¥23 million foreign exchange gain in the first quarter under review, ordinary profit was ¥1,248 million, up 513.3% year on year.」
The ¥469 million foreign exchange loss caused by yen appreciation in the same period of the previous year turned into a ¥23 million foreign exchange gain in the current quarter, improving the impact of foreign exchange fluctuations on ordinary profit. - FY2017MitigatedAnnual report
「Ordinary profit for the consolidated fiscal year increased 9.2% year on year to ¥4,312 million, as foreign exchange losses decreased by ¥832 million from the previous fiscal year.」
Foreign exchange fluctuation risk remains, but the foreign exchange loss decreased by ¥832 million from the previous fiscal year, reducing its impact on ordinary profit. - FY2017-Q3MaterialisedAnnual report
「Net assets increased by ¥9 million from the end of the previous consolidated fiscal year to ¥30,485 million. This was despite a decline in the foreign currency translation adjustment account in response to the lower valuation of foreign-currency-denominated assets caused by the yen’s appreciation, mainly because of the recognition of net income attributable to owners of the parent.」
The decline in the valuation of foreign-currency-denominated assets caused by yen appreciation and the decrease in foreign currency translation adjustments have continued to occur in practice. The foreign exchange loss for the nine months ended the third quarter was ¥273 million. - FY2017-Q2MaterialisedAnnual report
「The balance of foreign currency translation adjustments decreased in response to the decline in the valuation of foreign-currency-denominated assets caused by yen appreciation, among other factors. As a result, it decreased by ¥411 million from the end of the previous consolidated fiscal year to ¥30,064 million.」
The valuation of foreign-currency-denominated assets declined because of yen appreciation, and the balance of foreign currency translation adjustments decreased. A foreign exchange loss of ¥535 million was also recorded in the quarterly consolidated income statement. - FY2017-Q1MaterialisedAnnual report
「In the ordinary profit for the same quarter of the previous year, a foreign exchange gain of ¥63 million was recorded. However, a foreign exchange loss of ¥469 million arose by the end of the first quarter due to the yen’s appreciation, resulting in ordinary profit of ¥203 million, down 87.3% from the same quarter of the previous year.」
A ¥469 million foreign exchange loss caused by yen appreciation was incurred, and ordinary profit fell 87.3% year on year. - FY2016MaterialisedAnnual report
「In the previous fiscal year, the Company recorded a foreign-exchange gain of ¥1,486 million in ordinary profit, whereas in the fiscal year under review it incurred a foreign-exchange loss of ¥1,156 million, resulting in ordinary profit of ¥3,948 million, down 24.6% year on year.」
The company states that a foreign exchange loss of ¥1,156 million was incurred during the fiscal year in connection with foreign exchange fluctuation risk.