Impact of foreign exchange movements on business performance, procurement and price competitiveness
First written in FY2016. 8 of 26 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「Although the company enters into forward exchange contracts and takes other measures to minimize these adverse effects, medium-term currency fluctuations may prevent it from reliably carrying out its planned procurement, manufacturing, distribution and sales activities. Accordingly, fluctuations in exchange rates may adversely affect the business results and financial condition of the Group. In the consolidated fiscal year, the company recorded a foreign exchange gain of ¥2.380 million.」
The policy of responding through forward exchange contracts and other measures remains in place. The company swung from a foreign exchange loss in the previous fiscal year to a foreign exchange gain of ¥2.380 million in the current fiscal year. - FY2026-H1Lower Foreign Exchange LossesAnnual report
「Foreign exchange loss 34,251」
The company recorded a foreign exchange loss of ¥34.251 million in the interim consolidated accounting period. This was down from ¥42.557 million in the same period of the previous year, but the impact of foreign exchange movements on earnings continued to be recognized in results. - FY2025-H1MaterialisedAnnual report
「Foreign exchange loss 42,557」
The company recorded a foreign exchange loss of ¥42.557 million during the interim consolidated accounting period, and the impact of exchange-rate fluctuations appeared in actual results as a loss. - FY2024MitigatedAnnual report
「Although the Group uses forward exchange contracts and other measures to minimise these adverse effects, medium-term currency fluctuations may prevent it from reliably carrying out its planned procurement, manufacturing, distribution and sales activities. Accordingly, exchange-rate fluctuations may adversely affect the Group's operating results and financial position. The Group recorded a foreign exchange gain of ¥82.887 million in the fiscal year under review.」
While continuing to describe exchange-rate risk and measures including forward exchange contracts, the company recorded a foreign exchange gain of ¥82.887 million rather than a foreign exchange loss in the fiscal year under review. - FY2024-Q3MitigatedAnnual report
「Operating income rose 62.7% year on year to ¥2,580.596 million, reflecting the effect of yen depreciation in addition to reforms to the earnings structure.」
The effect of yen depreciation appeared in actual results as a factor behind the increase in operating income, and the impact of exchange-rate fluctuations on profit and loss during the period was a gain. - FY2024-Q2MitigatedAnnual report
「Foreign exchange gain 155,171」
The foreign exchange gain for the six-month period under review was ¥155.171 million, up from ¥91.256 million in the same period of the previous year. The impact of exchange-rate fluctuations on profit and loss was a gain. - FY2024-Q1MitigatedAnnual report
「Foreign exchange gain 87,700」
The foreign exchange gain for the three-month period under review was ¥87.700 million, up from ¥42.403 million in the same period of the previous year. The impact of exchange-rate fluctuations on profit and loss was a gain. Although the amount was quantified, this does not indicate that the adverse effects of exchange-rate risk were realised. - FY2023MaterialisedAnnual report
「The Group recorded a foreign exchange loss of ¥54.394 million in the fiscal year under review.」
The impact of exchange-rate fluctuations appeared in actual results as a foreign exchange loss of ¥54.394 million in the fiscal year under review. - FY2023-Q2Rapid yen depreciation alongside foreign exchange gainsAnnual report
「Changes in international capital-market trends and a rapid depreciation of the yen associated with interest-rate hikes by the central banks of Europe and the United States」
While the rapid depreciation of the yen was identified as a change in the external environment, the company recorded a foreign exchange gain of ¥91.256 million during the six-month period under review. Exchange-rate fluctuations remained a risk, but their impact on profit and loss during the period was a gain. - FY2023-Q1MitigatedAnnual report
「Foreign exchange gain 42,403」
During the three-month period under review, the company shifted from a foreign exchange loss of ¥9.047 million in the same period of the previous year to a foreign exchange gain of ¥42.403 million, improving the actual impact of exchange-rate fluctuations on profit and loss. - FY2022MitigatedAnnual report
「Foreign exchange gain 49,083」
Against a foreign exchange loss of ¥26.873 million in the previous fiscal year, the company recorded a foreign exchange gain of ¥49.083 million in the fiscal year under review, improving the impact of exchange-rate fluctuations on profit and loss. - FY2022-Q2MitigatedAnnual report
「Foreign exchange gains 1,003」
During the six-month period under review, the company recorded a foreign exchange gain of ¥1.003 million rather than a foreign exchange loss, an improvement from the foreign exchange loss of ¥15.925 million in the same period of the previous year. - FY2022-Q1Sharp reduction in foreign exchange lossesAnnual report
「Foreign exchange loss 9,047」
The foreign exchange loss for the three-month period under review was ¥9.047 million, a substantial decrease from ¥131.775 million in the same period of the previous year. - FY2021Lower Foreign Exchange LossesAnnual report
「The Group recorded a foreign exchange loss of ¥26.873 million in the fiscal year under review.」
The foreign exchange loss declined from ¥33.879 million in the previous fiscal year to ¥26.873 million, but the impact of exchange-rate fluctuations continued to appear in actual results. - FY2021-Q3MaterialisedAnnual report
「Foreign exchange loss 68,124」
The foreign exchange loss for the nine-month period under review was ¥68.124 million, representing an actual impact from exchange-rate fluctuations. - FY2021-Q1MaterialisedAnnual report
「Operating income fell 74.4% year on year to ¥36.760 million, while ordinary income was a loss of ¥52.754 million due to a ¥120 million foreign exchange loss resulting from the temporary plunge in the Indonesian rupiah.」
A foreign exchange loss of approximately ¥120 million arose from the temporary plunge in the Indonesian rupiah and was a factor behind the ordinary loss. - FY2020-Q3Decrease in foreign exchange losses year on yearAnnual report
「Foreign exchange loss 40,810」
The foreign exchange loss for the nine-month period under review was ¥40.810 million, down from ¥66.857 million in the same period of the previous year. This indicates a change in the actual impact of exchange-rate fluctuations. - FY2020-Q2Decrease in foreign exchange losses year on yearAnnual report
「Foreign exchange loss 28,636」
The foreign exchange loss for the six-month period under review was ¥28.636 million, down from ¥63.089 million in the same period of the previous year. - FY2020-Q1Lower Foreign Exchange LossesAnnual report
「Foreign exchange loss 8,056」
The foreign exchange loss for the first quarter was ¥8.056 million, down from ¥56.249 million in the same period of the previous year. This indicates a change in the actual impact of exchange-rate risk. - FY2019MaterialisedAnnual report
「A decline in the value of the currencies of regions where the Group manufactures may increase procurement costs for manufacturing in those regions. Higher costs may reduce profits and price competitiveness and adversely affect operating results. Although the Group uses forward exchange contracts and other measures to minimise these adverse effects, medium-term currency fluctuations may prevent it from reliably carrying out its planned procurement, manufacturing, distribution and sales activities. Accordingly, exchange-rate fluctuations may adversely affect the Group's operating results and financial position. The Group recorded a foreign exchange loss of ¥73.240 million in the fiscal year under review.」
While continuing to use forward exchange contracts and other measures to address exchange-rate risk, the company recorded a foreign exchange loss of ¥73.240 million in the fiscal year under review. - FY2019-Q3MaterialisedAnnual report
「Foreign exchange loss 66,857」
The Group recorded a foreign exchange loss of ¥66.857 million during the nine-month period under review, indicating an actual impact from exchange-rate fluctuations. - FY2018WorsenedAnnual report
「A decline in the value of the currencies of regions where the Group manufactures may increase procurement costs for manufacturing in those regions. Higher costs may reduce profits and price competitiveness and adversely affect operating results. Although the Group uses forward exchange contracts and other measures to minimise these adverse effects, medium-term currency fluctuations may prevent it from reliably carrying out its planned procurement, manufacturing, distribution and sales activities. Accordingly, exchange-rate fluctuations may adversely affect the Group's operating results and financial position. The Group recorded a foreign exchange loss of ¥56.218 million in the fiscal year under review.」
The company specifically states that exchange-rate fluctuations may affect procurement costs, profits and price competitiveness, and recorded a foreign exchange loss of ¥56.218 million. - FY2017RestatedAnnual report
「In general, an appreciation of the yen against other currencies adversely affects the Group's business, while yen depreciation has a favourable effect. Although the Group uses forward exchange contracts and other measures to minimise these adverse effects, medium-term currency fluctuations may prevent it from reliably carrying out its planned procurement, manufacturing, distribution and sales activities. Accordingly, exchange-rate fluctuations may adversely affect the Group's operating results and financial position. The Group recorded a foreign exchange loss of ¥16.211 million in the fiscal year under review.」
While continuing to describe measures including forward exchange contracts, the company reiterates the risk that exchange-rate fluctuations may affect operating results, procurement and price competitiveness. - FY2017-Q3Shift to a correction in the yen's appreciationAnnual report
「In the third quarter, momentum returned to the global economy, with resource prices bottoming out, fiscal stimulus becoming more active worldwide, and the yen's appreciation being corrected and financial markets becoming more active following the election of Donald Trump as the next US president.」
While the previous quarters described a rapid appreciation of the yen, the company states that the appreciation was corrected in the third quarter. - FY2017-Q2MaterialisedAnnual report
「In addition, a challenging business environment with strong downward pressure continued both in Japan and overseas, including a decline following the special demand related to exhaust-emission regulations in Japan's construction machinery market and a rapid appreciation of the yen associated with uncertainty over US monetary policy.」
The yen appreciated rapidly, and the company identifies the resulting decline in competitiveness of overseas sales as an actual factor behind the decrease in revenue. - FY2016First statedAnnual report
「Although the Group uses forward exchange contracts and other measures to minimise these adverse effects, medium-term currency fluctuations may prevent it from reliably carrying out its planned procurement, manufacturing, distribution and sales activities. Accordingly, exchange-rate fluctuations may adversely affect the Group's operating results and financial position. The Group recorded a foreign exchange loss of ¥67.780 million in the fiscal year under review.」
While describing measures including forward exchange contracts, the company recorded a foreign exchange loss of ¥67.780 million in the fiscal year under review.