Impact of Rapid Yen Appreciation on Foreign-Exchange Translation and Profitability
First written in FY2017-Q1. 11 of 15 entries say "Restated". Latest entry: 2026-07-30.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
- 2026-07-30RestatedRevision of earnings forecasts
「We have revised upward the full-year consolidated earnings forecasts for the fiscal year ending March 2027 as described above, reflecting the stronger-than-expected results and the impact of the weaker yen in the Asia segment, as the overall market remained stable.」
The Company explicitly identified the benefit of the weaker yen as a factor behind the upward revision to the Asia segment earnings forecast. - FY2025RestatedAnnual report
「主に人民元及び米ドルの円安効果とアジア市場好調が寄与した一方、日本での市況の変化に伴い一部製品の販売が伸び悩み、売上高は1,924億円となり、前年同期比で減収となりました。」
円安は引き続きアジアの売上・利益を押し上げる要因として記載されている。 - FY2025-H1為替影響が増収の追い風Annual report
「売上高は日本の自動車生産台数が減少した影響を受けた一方、海外では自動車販売台数の増加に加え為替影響が追い風となり、前年同期比で増収となりました。」
従来の円安・為替変動リスクについて、当中間連結会計期間では海外売上の増収を後押しする要因として為替影響を記載している。 - FY2024-Q3A shift in the yen's depreciation trendAnnual report
「為替については、年末にかけて米国での利下げや日銀政策修正の観測が広がったことで、円安の流れに変化が生じました。」
従来の円安進行を前提とした記載に対し、米国の利下げ・日銀政策修正観測を背景に、年末にかけて円安の流れに変化が生じたと説明している。 - FY2023RestatedAnnual report
「当連結会計年度における世界経済は、大幅な円安の進行とウクライナ情勢を端緒とした原材料・エネルギー価格の高騰が続き、インフレの加速、各国での金利上昇、中国でのゼロコロナ政策による消費行動の低迷など、景気減速の懸念が強まる展開となりました。」
円高リスクから円安進行に伴う物価・原材料・エネルギー価格上昇への影響という整理を維持している。 - FY2023-Q2RestatedAnnual report
「当第２四半期連結累計期間を取り巻く経営環境については、国内は、新型コロナウイルス感染症による行動制限が緩和されたものの、大幅な円安の進展やウクライナ問題の長期化に伴い、原材料・エネルギー価格の高騰に見舞われました。」
従来の円安・物価上昇リスクについて、大幅な円安の進展と原材料・エネルギー価格高騰が続く状況を再掲している。 - FY2023-Q1Risk shifts from yen appreciation to yen depreciation and rising pricesAnnual report
「The business environment during the first quarter cumulative consolidated period was characterized by a recovery trend in private consumption in Japan, but growing uncertainty about the economic outlook as the impact of rising prices, driven by the prolonged situation in Ukraine and the depreciation of the yen, intensified.」
The wording has shifted from the previous description of the impact of yen appreciation to an exchange-rate environment in which the impact of rising prices associated with yen depreciation is intensifying. - FY2020RestatedAnnual report
「Although we promote local production and use forward foreign-exchange contracts and other measures, the group's financial position, business performance, and cash flows may be affected.」
It reconfirms foreign-exchange risk and identifies local production and forward foreign-exchange contracts as mitigating measures. - FY2019RestatedAnnual report
「Foreign-currency-denominated commercial transactions and investment activities may affect the group's business performance and financial position if exchange rates fluctuate. In addition, the financial statements of overseas consolidated subsidiaries and equity-method affiliates are translated into yen to prepare our consolidated financial statements.」
It reconfirms in the annual report the impact of transactions in multiple currencies and the translation into yen of overseas operations on business performance and financial position. - FY2018RestatedAnnual report
「Our group operates businesses, including automotive-related parts, in countries around the world and engages in transactions in multiple currencies. Foreign-currency-denominated commercial transactions and investment activities may affect the group's business performance and financial position if exchange rates fluctuate.」
The annual report reiterates the risk that exchange-rate fluctuations may affect transactions in multiple currencies, business performance, and financial position. - FY2018-Q2RestatedAnnual report
「In the Asian market, although affected by yen appreciation in China, due to increased vehicle production,」
It states that the impact of yen appreciation remains in the Chinese market, while increased vehicle production contributed to business performance. - FY2018-Q1RestatedAnnual report
「In the Asian market, although affected by yen appreciation in China, due to increased vehicle production,」
It states that the impact of yen appreciation remains in the Chinese market, while increased vehicle production contributed to business performance. - FY2017-Q3RestatedAnnual report
「In addition, the continued appreciation of the yen, together with rising crude-oil prices and energy costs, created concerns on the cost side.」
It reiterates concerns about costs due to yen appreciation and higher crude-oil and energy costs. - FY2017-Q2RestatedAnnual report
「In addition, rising crude-oil prices and energy costs associated with the continued appreciation of the yen created concerns on the cost side.」
It continues to identify the impact of yen appreciation on foreign-exchange translation and costs as a concern. - FY2017-Q1First statedAnnual report
「The appreciation of the yen, together with rising crude oil prices and energy costs, created concerns about cost-related uncertainty.」
The report states that yen appreciation affected foreign-exchange translation of sales in Europe and Asia and also affected overall results.