Exchange Rate Fluctuations
First written in FY2016. 14 of 37 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2027-H1.
Tsubakimoto Chain Co. moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2019: 17 of 29 companies on the "Worse" side.
15 other companies' latest entry also says "Other".
- FY2027-H1Slight decrease in foreign currency translation adjustmentAnnual report
「The foreign currency translation adjustment decreased from ¥42,527 million to ¥42,466 million.」
The foreign currency translation adjustment at the end of the interim consolidated accounting period decreased by ¥61 million from the end of the previous consolidated fiscal year. - FY2026Increase in Foreign Currency Translation AdjustmentAnnual report
「This was mainly due to a ¥21,108 million increase in retained earnings, an ¥8,080 million increase in the foreign currency translation adjustment resulting from foreign exchange movements, and a ¥5,106 million increase in non-controlling interests, including the new consolidation of Daido Kogyo Co., Ltd.」
The impact of foreign exchange movements turned from a ¥1,447 million decrease in the foreign currency translation adjustment in the previous interim period to an ¥8,080 million increase for the full fiscal year. - 2026-05-13MaterialisedRevisions to earnings forecasts
「The foreign currency translation adjustment increased by ¥8.080 billion due to foreign exchange movements.」
The impact of foreign exchange movements materialized as an increase in the foreign currency translation adjustment at the end of the fiscal year ended March 2026. - FY2026-H1Decline in Foreign Currency Translation AdjustmentAnnual report
「Net assets decreased by ¥4,935 million from the end of the previous consolidated fiscal year to ¥257,227 million, mainly because treasury stock increased by ¥9,189 million through acquisitions and other transactions, reducing net assets, and the foreign currency translation adjustment decreased by ¥1,447 million, despite a ¥5,232 million increase in retained earnings. The equity ratio was 69.3%.」
The impact of foreign exchange movements is reflected in net assets at the end of the interim period as a ¥1,447 million decrease in the foreign currency translation adjustment. - FY2025Continued foreign exchange impact and specific hedging measuresAnnual report
「As our group operates globally, unexpected and rapid foreign exchange movements beyond our assumptions could affect our operating results and financial position. Measures: In addition to diversifying our foreign exchange forwards, we are working to reduce risk by localizing production and procurement.」
In response to foreign exchange risk, the company explicitly identifies diversified foreign exchange forwards and the localization of production and procurement as measures. A weaker yen is also cited as one factor behind the increase in revenue in FY2025. - FY2025-H1Smaller increase in the foreign currency translation adjustmentAnnual report
「Net assets decreased by ¥8,140 million from the end of the previous fiscal year to ¥252,419 million, mainly because treasury shares increased by ¥9,085 million through acquisitions and other transactions, which reduced net assets, and the valuation difference on available-for-sale securities decreased by ¥6,796 million, despite retained earnings increasing by ¥6,429 million and the foreign currency translation adjustment increasing by ¥922 million. The equity ratio was 67.8%.」
Foreign exchange movements made a positive contribution to net assets through a ¥922 million increase in the foreign currency translation adjustment, although the contribution was smaller than the increase through the end of the previous fiscal year. - FY2024-Q3Smaller increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥17,602 million from the end of the previous fiscal year to ¥244,185 million, mainly because the foreign currency translation adjustment increased by ¥8,564 million due to foreign exchange fluctuations, retained earnings increased by ¥7,178 million, and the valuation difference on available-for-sale securities increased by ¥6,043 million, despite treasury shares increasing by ¥4,476 million through acquisitions and other transactions, which reduced net assets. The equity ratio was 64.7%.」
Exchange rate movements continued to contribute to net assets through an increase in the foreign currency translation adjustment, but the increase narrowed from ¥10,820 million in the previous quarter to ¥8,564 million. - FY2024-Q2Continued increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥18,450 million from the end of the previous fiscal year to ¥245,032 million, mainly because the foreign currency translation adjustment increased by ¥10,820 million due to foreign exchange fluctuations, the valuation difference on available-for-sale securities increased by ¥5,817 million, and retained earnings increased by ¥4,689 million, despite treasury shares increasing by ¥3,006 million through acquisitions and other transactions, which reduced net assets. The equity ratio was 64.7%.」
Exchange rate movements contributed positively to net assets at the end of the second quarter through a ¥10,820 million increase in the foreign currency translation adjustment. - FY2024-Q1Continued increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥9,803 million from the end of the previous fiscal year to ¥236,385 million, mainly because the foreign currency translation adjustment increased by ¥6,805 million due to foreign exchange fluctuations and the valuation difference on available-for-sale securities increased by ¥3,464 million, despite treasury shares increasing by ¥1,075 million through acquisitions and other transactions, which reduced net assets. The equity ratio was 65.3%.」
Exchange rate movements continued to contribute positively to net assets during the quarter through a ¥6,805 million increase in the foreign currency translation adjustment. - FY2023Smaller increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥16,825 million from the end of the previous consolidated fiscal year to ¥226,582 million, mainly because retained earnings increased by ¥8,921 million and the foreign currency translation adjustment increased by ¥8,323 million due to exchange rate movements.」
The foreign currency translation adjustment increased by ¥8,323 million in FY2023 as a whole, but the increase narrowed from ¥9,542 million in the third quarter of FY2023. - FY2023-Q3Smaller increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥15,577 million from the end of the previous fiscal year to ¥225,334 million, mainly because the foreign currency translation adjustment increased by ¥9,542 million due to foreign exchange fluctuations and retained earnings increased by ¥6,101 million. The equity ratio was 63.4%.」
The foreign currency translation adjustment continues to increase from the end of the fiscal year, but the increase narrowed from ¥14,520 million in FY2023-Q2 to ¥9,542 million. - FY2023-Q2Accelerating increase in the foreign currency translation adjustment due to the weaker yenAnnual report
「Net assets increased by ¥17,027 million from the end of the previous fiscal year to ¥226,784 million, mainly because the foreign currency translation adjustment increased by ¥14,520 million due to foreign exchange fluctuations and retained earnings increased by ¥4,158 million. The equity ratio was 64.6%.」
Exchange rate movements, including the sharp depreciation of the yen, contributed positively to net assets through a ¥14,520 million increase in the foreign currency translation adjustment. - FY2023-Q1Contribution of the weaker yen to operating performance and net assetsAnnual report
「In Japan as well, various economic activities resumed as the number of new COVID-19 cases declined. However, uncertainty about the outlook continued due to rising prices caused by component shortages and surging energy and raw material prices, as well as the rapid depreciation of the yen.」
While the sharp depreciation of the yen was cited as a source of uncertainty in the business environment, net sales increased partly because of the weaker yen and other factors, and the foreign currency translation adjustment also increased by ¥8,969 million. - FY2022Accelerating increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥22,262 million from the end of the previous fiscal year to ¥209,757 million, mainly because retained earnings increased by ¥11,022 million, the foreign currency translation adjustment increased by ¥8,794 million due to foreign exchange fluctuations, and the valuation difference on available-for-sale securities increased by ¥1,879 million due to higher market values of held shares, among other factors.」
The impact of exchange rate movements contributed to net assets through an ¥8,794 million increase in the foreign currency translation adjustment in the fiscal year ending March 2022, compared with an increase of ¥1,649 million in the previous year. - FY2022-Q3Continued increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥12,696 million from the end of the previous fiscal year to ¥200,190 million, mainly because retained earnings increased by ¥7,097 million, the foreign currency translation adjustment increased by ¥3,496 million due to foreign exchange fluctuations, and the valuation difference on available-for-sale securities increased by ¥1,790 million due to higher market values of held shares. The equity ratio was 60.8%.」
Following the previous full fiscal year and the first and second quarters, exchange rate movements continue to contribute positively to net assets through a ¥3,496 million increase in the foreign currency translation adjustment. - FY2022-Q2Continued increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥9,118 million from the end of the previous consolidated fiscal year to ¥196,613 million, mainly because retained earnings increased by ¥4,954 million, the foreign currency translation adjustment increased by ¥2,471 million due to exchange rate movements, and the valuation difference on available-for-sale securities increased by ¥1,425 million due to higher market values of held shares. The equity ratio was 61.2%.」
Following the previous full fiscal year and the first quarter, exchange rate movements continue to contribute positively to net assets through a ¥2,471 million increase in the foreign currency translation adjustment. - FY2022-Q1Continued increase in the foreign currency translation adjustmentAnnual report
「Net assets increased by ¥4,590 million from the end of the previous fiscal year to ¥192,085 million, mainly because the foreign currency translation adjustment increased by ¥1,915 million due to foreign exchange fluctuations, retained earnings increased by ¥1,768 million, and the valuation difference on available-for-sale securities increased by ¥682 million due to higher market values of held shares. The equity ratio was 60.8%.」
Following the ¥1,649 million increase in the previous full fiscal year, exchange rate movements continue to contribute positively to net assets through a ¥1,915 million increase in the foreign currency translation adjustment. - FY2021Foreign currency translation adjustments turned positiveAnnual report
「Net assets increased by ¥11,438 million from the end of the previous consolidated fiscal year to ¥187,494 million, mainly because retained earnings increased by ¥5,369 million, the valuation difference on available-for-sale securities increased by ¥4,284 million due to higher market values of held shares and other factors, and the foreign currency translation adjustment increased by ¥1,649 million due to exchange rate movements.」
Unlike the decreases in previous years, the impact of exchange rate movements contributed to net assets in FY2021 as a ¥1,649 million increase in the foreign currency translation adjustment. - FY2021-Q3MaterialisedAnnual report
「Net assets increased by ¥2,069 million from the end of the previous fiscal year to ¥178,125 million, mainly because the valuation difference on available-for-sale securities increased by ¥2,782 million due to higher market values of held shares and retained earnings increased by ¥1,782 million, despite a ¥2,537 million decrease in the foreign currency translation adjustment due to foreign exchange fluctuations. The equity ratio was 59.0%.」
The impact of exchange rate movements appeared in net assets for the nine-month period as a ¥2,537 million decrease in the foreign currency translation adjustment. - FY2021-Q2MaterialisedAnnual report
「Net assets increased by ¥49 million from the end of the previous fiscal year to ¥176,105 million, mainly because the valuation difference on available-for-sale securities increased by ¥1,341 million due to higher market values of held shares and retained earnings increased by ¥862 million, despite a ¥2,101 million decrease in the foreign currency translation adjustment due to foreign exchange fluctuations. The equity ratio was 60.3%.」
The impact of exchange rate movements appeared in net assets for the six-month period as a ¥2,101 million decrease in the foreign currency translation adjustment. - FY2021-Q1MaterialisedAnnual report
「Net assets decreased by ¥1,692 million from the end of the previous fiscal year to ¥174,363 million, mainly because the foreign currency translation adjustment decreased by ¥1,678 million due to foreign exchange fluctuations and retained earnings decreased by ¥1,016 million, despite a ¥1,030 million increase in the valuation difference on available-for-sale securities due to higher market values of held shares. The equity ratio was 59.6%.」
The impact of exchange rate movements appeared in first-quarter net assets as a ¥1,678 million decrease in the foreign currency translation adjustment. - FY2020MaterialisedAnnual report
「Net assets increased by ¥601 million from the end of the previous consolidated fiscal year to ¥176,055 million, mainly because retained earnings increased by ¥7,044 million, despite a ¥3,205 million increase in treasury shares due to acquisitions and other factors, a ¥2,107 million decrease in the foreign currency translation adjustment due to exchange rate movements, and a ¥1,272 million decrease in the valuation difference on available-for-sale securities due to lower market values of held shares and other factors.」
The impact of exchange rate movements appeared in FY2020 as a ¥2,107 million decrease in the foreign currency translation adjustment. - FY2020-Q3MaterialisedAnnual report
「Foreign currency translation adjustment 3,285 1,107」
The foreign currency translation adjustment decreased from ¥3,285 million at the end of the previous consolidated fiscal year to ¥1,107 million, reflecting the impact of exchange rate movements in the net asset composition for the nine-month period. - FY2020-Q2MaterialisedAnnual report
「Net assets increased by ¥2,114 million from the end of the previous fiscal year to ¥177,569 million, mainly because retained earnings increased by ¥4,225 million, despite a ¥2,516 million decrease in the foreign currency translation adjustment. The equity ratio was 58.9%.」
The impact of exchange rate movements appeared in the results for the six-month period as a ¥2,516 million decrease in the foreign currency translation adjustment. - FY2020-Q1MaterialisedAnnual report
「Net assets decreased by ¥333 million from the end of the previous fiscal year to ¥175,120 million, mainly because the foreign currency translation adjustment decreased by ¥1,179 million due to foreign exchange fluctuations, despite a ¥930 million increase in retained earnings. The equity ratio was 57.2%.」
The impact of exchange rate movements appeared in the first quarter as a ¥1,179 million decrease in the foreign currency translation adjustment. - FY2019MaterialisedAnnual report
「Net assets increased by ¥5,689 million from the end of the previous consolidated fiscal year to ¥175,454 million, mainly because retained earnings increased by ¥9,047 million, despite a ¥2,343 million decrease in the valuation difference on available-for-sale securities due to lower market values of held shares and other factors and a ¥948 million decrease in the foreign currency translation adjustment due to exchange rate movements.」
The impact of exchange rate movements appeared in FY2019 as a ¥948 million decrease in the foreign currency translation adjustment. - FY2019-Q1Foreign currency translation adjustments turned negativeAnnual report
「Net assets increased by ¥1,543 million from the end of the previous consolidated fiscal year to ¥171,308 million, mainly because retained earnings increased by ¥1,758 million, despite a ¥366 million decrease in the foreign currency translation adjustment due to exchange rate movements. The equity ratio was 55.9%.」
The foreign currency translation adjustment decreased by ¥366 million from the end of the previous period, changing from the positive contribution reported for FY2018 as a whole to a negative contribution. - FY2018Continued positive contribution from foreign currency translation adjustmentsAnnual report
「Foreign currency translation adjustment 569」
The foreign currency translation adjustment was a positive ¥569 million, continuing to make a positive contribution after being negative in the previous period. The hedging policy involving forward exchange contracts and other instruments also continues. - FY2018-Q3Positive contribution from foreign exchange gains and translation adjustmentsAnnual report
「Net assets increased by ¥12,578 million from the end of the previous consolidated fiscal year to ¥168,797 million, mainly because retained earnings increased by ¥6,952 million, the valuation difference on available-for-sale securities increased by ¥3,662 million due to higher market values of held shares and other factors, and the foreign currency translation adjustment increased by ¥1,880 million due to exchange rate movements. The equity ratio was 59.5%.」
The foreign currency translation adjustment increased by ¥1,880 million due to exchange rate movements, continuing to make a positive contribution after having declined through the previous quarter. In addition, higher foreign exchange gains contributed to an improvement in non-operating income and expenses. - FY2018-Q2Foreign currency translation adjustments turned positiveAnnual report
「Foreign currency translation adjustment: 859」
The foreign currency translation adjustment included in other comprehensive income was a gain of ¥859 million, compared with a loss of ¥8,416 million in the same period of the previous year. The way exchange rate movements affected results differed from the previous period. - FY2018-Q1Diminishing impact of foreign currency translation adjustmentsAnnual report
「Foreign currency translation adjustment: △57」
The foreign currency translation adjustment included in other comprehensive income was a loss of ¥57 million in FY2018-Q1, a smaller impact than the loss of ¥4,495 million in the same period of the previous year. - FY2017-Q3MaterialisedAnnual report
「Because the yen was stronger than in the same period of the previous year, orders received during the nine-month period ended in the third quarter amounted to ¥149,383 million, down 2.8% year on year, while net sales amounted to ¥144,744 million, down 4.5%.」
The stronger yen year on year was cited as contributing to declines in orders received and net sales, indicating that foreign exchange risk continues to affect operating performance. - FY2017-Q2MaterialisedAnnual report
「As the stronger yen affected operating performance, orders received during the six-month period ended in the second quarter amounted to ¥99,203 million, down 4.6% year on year, while net sales amounted to ¥95,740 million, down 5.7%. Net assets decreased by ¥4,473 million from the end of the previous consolidated fiscal year, mainly because exchange rate movements reduced the foreign currency translation adjustment by ¥8,166 million.」
The effects of the stronger yen and exchange rate movements appeared during the quarter in operating performance and as an ¥8,166 million decrease in the foreign currency translation adjustment. - FY2017-Q1MaterialisedAnnual report
「A ¥4,409 million decrease in the foreign currency translation adjustment due to exchange rate movements」
The impact of exchange rate movements appeared as a ¥4,409 million decrease in the foreign currency translation adjustment during the quarter. - FY2016First statedAnnual report
「As our group actively expands globally, we are working to minimize foreign exchange risk by diversifying our foreign exchange hedging transactions. However, sudden and excessive foreign exchange fluctuations beyond expectations could affect our business results.」
While the Group discloses measures involving foreign exchange contracts, it recorded a foreign exchange loss of ¥168 million during the period.