Foreign-Exchange Risk Arising from the High Overseas Sales Ratio
First written in FY2016. 15 of 34 entries say "Mitigated", first in FY2018-Q3. Latest entry: 2026-08-07.
Janome moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 29 of 63 companies on the "Worse" side.
17 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「Foreign exchange gain 26」
Compared with a foreign exchange loss of ¥262 million in the same period of the previous year, the company recorded a foreign exchange gain of ¥26 million in the current quarter, indicating an improvement in the earnings impact of foreign exchange. This does not indicate that the foreign exchange exposure associated with overseas sales has been eliminated. - FY2026MitigatedAnnual report
「Non-operating income Foreign exchange gains ― 116 Non-operating expenses Foreign exchange losses 74 ―」
The current fiscal year turned from foreign exchange losses of ¥74 million in the previous fiscal year to foreign exchange gains of ¥116 million, improving the impact of foreign exchange on profit or loss in the current fiscal year. The exposure itself, represented by an overseas sales ratio of around 70%, remains. - FY2026-H1MitigatedAnnual report
「Foreign exchange losses 240 144」
Foreign exchange losses for the interim consolidated accounting period were ¥144 million, down from ¥240 million in the same period of the previous year. Foreign exchange exposure associated with the high overseas sales ratio itself remains. - FY2025WorsenedAnnual report
「Non-operating income Foreign exchange gains 209 ― Non-operating expenses Foreign exchange losses ― 74」
The current fiscal year turned from foreign exchange gains of ¥209 million in the previous fiscal year to foreign exchange losses of ¥74 million. The impact on profit or loss of foreign exchange exposure associated with an overseas sales ratio of around 70% has deteriorated. - FY2025-H1WorsenedAnnual report
「Foreign exchange gains 242 ― Foreign exchange losses ― 240」
The interim consolidated accounting period turned from foreign exchange gains of ¥242 million in the same period of the previous year to foreign exchange losses of ¥240 million. The impact on profit or loss of the foreign exchange exposure associated with the high overseas sales ratio has deteriorated. quantified is true, materialized is true. - FY2024-Q3WorsenedAnnual report
「Foreign exchange gains 179 ― Foreign exchange losses ― 4」
The period through the third quarter turned from foreign exchange gains of ¥179 million in the same period of the previous year to foreign exchange losses of ¥4 million. Foreign exchange exposure associated with the high overseas sales ratio remains, and the impact on profit or loss for the period has deteriorated. - FY2024-Q2Foreign exchange gain decreased year on yearAnnual report
「Foreign exchange gains 492 242」
Foreign exchange gains for the cumulative consolidated period through the second quarter were ¥242 million, down from ¥492 million in the same period of the previous year. There is no statement that the foreign exchange exposure associated with the high overseas sales ratio itself had disappeared. - FY2024-Q1Derivative valuation gains contractedAnnual report
「Foreign exchange gains 229 113」
Foreign exchange gains for the cumulative consolidated period through the first quarter were ¥113 million, down from ¥229 million in the same period of the previous year. There is no statement that the foreign exchange exposure associated with the high overseas sales ratio itself had disappeared. - FY2023MitigatedAnnual report
「Foreign exchange gains 124 184」
Foreign exchange gains for the fiscal year were ¥184 million, up from ¥124 million in the previous fiscal year. Foreign exchange exposure associated with an overseas sales ratio of around 70% itself remains. - FY2023-Q3MitigatedAnnual report
「Foreign exchange gains ― 179」
The cumulative consolidated period through the third quarter recorded foreign exchange gains of ¥179 million, improving the impact on profit or loss from the ¥81 million foreign exchange loss in the same period of the previous year. It is not stated that the foreign exchange exposure associated with the overseas sales ratio itself had disappeared. - FY2023-Q2MitigatedAnnual report
「Foreign exchange gains - 492」
The cumulative consolidated period through the second quarter recorded foreign exchange gains of ¥492 million, improving the impact on profit or loss from the ¥47 million foreign exchange loss in the same period of the previous year. It is not stated that the foreign exchange exposure associated with the overseas sales ratio itself had disappeared. - FY2023-Q1MitigatedAnnual report
「Foreign exchange gains — 229」
A ¥229 million foreign exchange gain was recorded for the first quarter of the fiscal year, improving the impact on profit or loss from the ¥12 million foreign exchange loss in the same period of the previous year. There is no disclosure that the foreign exchange exposure associated with the proportion of overseas sales has disappeared. - FY2022MitigatedAnnual report
「Although exchange rates remained at yen-depreciation levels, which had a positive effect on performance」
The foreign exchange exposure associated with overseas sales of around 70% of total sales remains, but yen depreciation had a positive effect on performance during the fiscal year, resulting in a ¥124 million foreign exchange gain. - FY2022-Q3WorsenedAnnual report
「Foreign exchange losses 71 81」
The foreign exchange loss for the first nine months of the fiscal year was ¥81 million, up from ¥71 million in the same period of the previous year. The impact on profit or loss of the foreign exchange exposure associated with the proportion of overseas sales has increased from the same period of the previous year. - FY2022-Q1MitigatedAnnual report
「Foreign exchange losses 36 12」
The foreign exchange loss for the first quarter of the fiscal year was ¥12 million, down from ¥36 million in the same period of the previous year. The foreign exchange exposure associated with the proportion of overseas sales remains. - FY2021-Q3MitigatedAnnual report
「Foreign exchange losses 98 71」
The foreign exchange loss for the first nine months of the fiscal year was ¥71 million, down from ¥98 million in the same period of the previous year. The foreign exchange exposure remains, but its adverse impact on profit or loss was smaller than in the same period of the previous year. - FY2021-Q2MitigatedAnnual report
「Foreign exchange losses 52 8」
The foreign exchange loss for the first six months of the fiscal year was ¥8 million, down from ¥52 million in the same period of the previous year. The foreign exchange exposure associated with the high proportion of overseas sales remains. - FY2021-Q1MaterialisedAnnual report
「Foreign exchange losses 0 36」
A ¥36 million foreign exchange loss was recorded for the first quarter of the fiscal year, and the impact of foreign exchange fluctuations was reflected in results. - FY2020MaterialisedAnnual report
「Foreign exchange losses — 126」
A ¥126 million foreign exchange loss was recorded for the fiscal year, and the impact of foreign exchange fluctuations associated with the high proportion of overseas sales was reflected in results. - FY2020-Q3MaterialisedAnnual report
「Foreign exchange losses — 98」
A ¥98 million foreign exchange loss was recorded for the first nine months of the fiscal year, and the impact of foreign exchange fluctuations was reflected in results. There is no disclosure that the foreign exchange exposure associated with the high proportion of overseas sales has disappeared. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange losses — 52」
A ¥52 million foreign exchange loss was recorded for the first six months of the fiscal year. The foreign currency translation adjustment account also decreased from negative ¥358 million at the end of the previous fiscal year to negative ¥800 million, and the impact of foreign exchange fluctuations was reflected in results. - FY2020-Q1MaterialisedAnnual report
「Net assets decreased to ¥25,323 million, down ¥550 million from the end of the previous fiscal year, mainly due to a decrease in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account decreased from negative ¥358 million at the end of the previous fiscal year to negative ¥688 million, and was reflected in results as a factor reducing net assets. - FY2019-Q3MitigatedAnnual report
「Foreign exchange gains 71 89」
A ¥89 million foreign exchange gain was recorded for the first nine months of the fiscal year, improving the impact on profit or loss from the ¥71 million gain in the same period of the previous year. The disclosure does not state that the foreign exchange exposure associated with the proportion of overseas sales has disappeared. - FY2019-Q2MaterialisedAnnual report
「The local currency in Thailand, where the production sites are located, remained strong against the yen and the US dollar, among other factors, pushing up costs and creating a difficult situation in terms of profitability.」
The appreciation of Thailand's local currency pushed up costs and affected profitability in the household equipment business. - FY2019-Q1MaterialisedAnnual report
「As a result, total sales for the first quarter were ¥9,600 million, up ¥114 million year on year. However, operating profit was ¥133 million, down ¥209 million, due to factors including the impact of stronger local currencies at overseas production sites.」
The appreciation of local currencies at overseas production sites was reflected in results as a factor reducing operating profit. Separately, a ¥117 million foreign exchange gain was recorded in non-operating income. - FY2018MitigatedAnnual report
「Foreign exchange gains 10」
A ¥10 million foreign exchange gain was recorded for the fiscal year, improving the impact on profit or loss from the ¥287 million foreign exchange loss in the previous fiscal year. The foreign exchange exposure associated with overseas sales of around 70% of total sales remains, and forward foreign exchange contracts and netting settlements continue to be used as countermeasures. - FY2018-Q3MitigatedAnnual report
「Foreign exchange gains — 71」
A ¥71 million foreign exchange gain was recorded for the first nine months of the fiscal year, compared with a ¥98 million foreign exchange loss in the same period of the previous year. No adverse impact from foreign exchange fluctuations was identified in profit or loss for the period. The disclosure does not state that the foreign exchange exposure associated with the proportion of overseas sales has disappeared. - FY2017MaterialisedAnnual report
「Due to factors including lower product selling prices and the impact of exchange rates remaining at yen-appreciation levels, total sales for the fiscal year were ¥38,855 million, down ¥3,805 million from the previous fiscal year. Operating profit was ¥2,477 million, up ¥10 million, and ordinary profit was ¥2,137 million, down ¥509 million.」
The impact of the yen's appreciation was reflected in results, with a ¥287 million foreign exchange loss recorded for the fiscal year. - FY2017-Q3MaterialisedAnnual report
「Foreign exchange losses — 98」
A ¥98 million foreign exchange loss was recorded in non-operating expenses for the first nine months of the fiscal year, and the impact of foreign exchange fluctuations continued to be reflected in results. - FY2017-Q2MaterialisedAnnual report
「Although the company was affected by the yen's appreciation」
The impact of the yen's appreciation was reflected in results, with a ¥146 million foreign exchange loss recorded in non-operating expenses for the first six months of the fiscal year. - FY2017-Q1MaterialisedAnnual report
「Although the company was affected by foreign exchange losses resulting from the yen's rapid appreciation」
Foreign exchange risk affected ordinary profit during the quarter, as foreign exchange losses resulting from the yen's rapid appreciation were recorded. A ¥52 million foreign exchange loss was recorded as a non-operating expense in the quarterly consolidated income statement. - FY2016First statedAnnual report
「Overseas sales have remained at around 70% of consolidated revenue. Accordingly, the Group has worked to mitigate foreign exchange risk through forward foreign exchange contracts and netting settlements between the Company and its subsidiaries. However, as most transactions accounting for overseas sales are denominated in foreign currencies, fluctuations in foreign exchange rates may affect the Group's performance.」
The company identifies overseas sales of around 70% as its risk exposure and cites forward foreign exchange contracts and netting settlements as countermeasures.