Impact of Exchange Rate Fluctuations on Overseas Sales and Profits
First written in FY2017-Q1. 13 of 33 entries say "Materialised", first in FY2019-Q3. Latest entry: 2026-10-30.
Ntn moved to the "Worse" side of this theme in 2024, 8 years after the typical company in this theme (2016).
The whole theme swung hardest in 2019: 30 of 66 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026MaterialisedAnnual report
「After taking into account the ¥11,052 million increase attributable to foreign exchange, the underlying decrease was ¥10,295 million. Overseas sales were ¥614,752 million, accounting for 74.4% of total sales.」
Foreign exchange had an impact of ¥11,052 million on full-year sales, and overseas sales accounted for 74.4%. Exposure to foreign exchange and overseas sales is reflected in the results. - FY2026-H1RestatedAnnual report
「In terms of sales, the bearing and other businesses increased in local-currency terms for industrial machinery, and the CVJ axle business increased for the automotive aftermarket, but they were affected by foreign exchange and lower customer demand from automotive OEMs.」
The continuing impact of foreign exchange on sales by region and sales performance is reported. - FY2025MaterialisedAnnual report
「After taking into account the ¥26,442 million increase attributable to foreign exchange, the underlying decrease was ¥37,140 million. ... Foreign exchange loss of ¥4,397 million」
Foreign exchange had an impact of ¥26,442 million on sales, and a foreign exchange loss of ¥4,397 million was recorded as a non-operating expense. - FY2025-H1MaterialisedAnnual report
「Foreign exchange loss ¥4,661 million」
A foreign exchange loss of ¥4,661 million was recorded during the six-month consolidated accounting period, worsening the impact of foreign exchange fluctuations on profit and loss from the foreign exchange gain of ¥2,102 million recorded in the same period of the previous year. - FY2024-Q2MitigatedAnnual report
「Foreign exchange gain ¥2,102 million」
A foreign exchange gain of ¥2,102 million was recorded during the six-month period of the current consolidated fiscal year, with the impact of foreign exchange fluctuations on profit and loss reflected on the gain side. - FY2024-Q1MitigatedAnnual report
「Foreign exchange gain ¥3,799 million」
During the three-month period of the current consolidated fiscal year, a foreign exchange gain of ¥3,799 million was recorded, with the impact of foreign exchange fluctuations on profit and loss reflected on the gain side. - FY2023MaterialisedAnnual report
「Sales for the current consolidated fiscal year were ¥773,960 million, an increase of ¥131,937 million, or 20.6%, from the previous consolidated fiscal year. After taking into account the ¥71,191 million increase attributable to foreign exchange, the underlying increase was ¥60,746 million. ... Foreign exchange loss of ¥3,378 million」
Overseas sales accounted for 74.0%, and while foreign exchange increased sales by ¥71,191 million, a foreign exchange loss of ¥3,378 million was also recorded. - FY2023-Q1MitigatedAnnual report
「Foreign exchange gain ¥2,282 million」
During the three-month period of the current fiscal year, a foreign exchange gain of ¥2,282 million was recorded, increasing the impact of foreign exchange on profit and loss from the foreign exchange gain of ¥95 million recorded in the same period of the previous year. - FY2022MaterialisedAnnual report
「After taking into account the ¥28,104 million increase attributable to foreign exchange, the underlying increase was ¥51,072 million. Overseas sales were ¥461,267 million, an increase of ¥61,234 million, or 15.3%, from the previous consolidated fiscal year. Overseas sales accounted for 71.8% of total sales, comprising 28.2% in the Americas, 19.8% in Europe and 23.8% in Asia and other regions, an increase of 0.7 percentage points from the previous consolidated fiscal year.」
Foreign exchange had an impact of ¥28,104 million on full-year sales, and overseas sales accounted for 71.8%. - FY2022-Q3MaterialisedAnnual report
「Foreign exchange loss ¥357 million」
A foreign exchange loss of ¥357 million was recorded during the nine-month period of the current consolidated fiscal year, showing the impact of foreign exchange fluctuations on profit and loss. - FY2022-Q2MaterialisedAnnual report
「Foreign exchange loss ¥465 million」
A foreign exchange loss of ¥465 million was recorded during the six-month period of the current consolidated fiscal year, showing the impact of foreign exchange fluctuations on profit and loss. - FY2021RestatedAnnual report
「After taking into account the ¥3,464 million decrease attributable to foreign exchange, the underlying decrease was ¥85,645 million.」
Foreign exchange affected full-year sales, with the decrease attributable to foreign exchange reported as ¥3,464 million. - FY2021-Q3RestatedAnnual report
「Foreign exchange gain ¥1,317 million」
A foreign exchange gain of ¥1,317 million was recorded during the nine-month period of the current consolidated fiscal year, indicating that foreign exchange fluctuations continued to affect profit and loss. - FY2021-Q2MitigatedAnnual report
「Foreign exchange gain ¥780 million」
During the six-month period of the current fiscal year, a foreign exchange gain of ¥780 million was recorded, improving the impact of foreign exchange on profit and loss from the foreign exchange loss of ¥1,612 million recorded in the same period of the previous year. Meanwhile, a valuation loss on derivatives of ¥1,286 million was also recorded. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss ¥1,612 million」
A foreign exchange loss of ¥1,612 million was recorded during the six-month period of the current fiscal year, showing the impact of foreign exchange fluctuations on profit. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss ¥874 million」
A foreign exchange loss of ¥874 million was recorded in the first quarter, showing the impact of foreign exchange fluctuations on profit. - FY2019MaterialisedAnnual report
「Expenses totaled ¥10,403 million, mainly due to interest expense of ¥3,882 million and a foreign exchange loss of ¥3,031 million, a decrease of ¥2,370 million from the previous consolidated fiscal year.」
A foreign exchange loss of ¥3,031 million was recorded, showing the impact of foreign exchange fluctuations on full-year profit. Overseas sales accounted for 71.7%. - FY2019-Q3MaterialisedAnnual report
「Foreign exchange loss ¥2,886 million」
A foreign exchange loss of ¥2,886 million was recorded as a non-operating expense, showing the impact of foreign exchange fluctuations on profit. - FY2019-Q2RestatedAnnual report
「Sales to the automotive market were ¥247,151 million, up 1.1% year on year, due to increased customer demand and the impact of foreign exchange, among other factors.」
The impact of foreign exchange on overseas business sales continues to be reported. Sales were ¥247,151 million, up 1.1% year on year. - FY2019-Q1RestatedAnnual report
「Sales to the automotive market were ¥127,510 million, up 3.1% year on year, due to increased customer demand and the impact of foreign exchange, among other factors.」
The impact of foreign exchange on overseas business sales continues to be reported. No significant change in the positioning of foreign exchange risk has been indicated. - FY2018WorsenedAnnual report
「Overseas sales were ¥540,048 million, an increase of ¥48,186 million, or 9.8%, from the previous consolidated fiscal year. Overseas sales accounted for 72.6% of total sales, comprising 27.1% in the Americas, 23.6% in Europe and 21.9% in Asia and other regions, an increase of 0.6 percentage points from the previous consolidated fiscal year.」
The overseas sales ratio rose to 72.6%, providing a specific indication of exposure to overseas business and foreign exchange fluctuations. - FY2018-Q3RestatedAnnual report
「Sales were ¥85,137 million, up 13.0% year on year, due to increases in both sales to the repair market and automotive repair market, as well as the impact of foreign exchange.」
The impact of foreign exchange on overseas business sales continues to be reported. There has been no significant change in the positioning of foreign exchange risk. - FY2018-Q2RestatedAnnual report
「In terms of sales, sales to the repair market increased for industrial machinery repairs. Sales to the industrial machinery market increased, including sales for construction machinery, while sales to the automotive market declined due to lower customer demand, among other factors. Overall, sales were ¥97,406 million, up 6.2% year on year, and segment profit was ¥3,706 million, up 13.1% year on year, due to reductions in variable costs, among other factors.」
Although external factors, including the impact of foreign exchange, continue to be reported in the Americas' results, there has been no significant change in the positioning of foreign exchange risk. - FY2018-Q1RestatedAnnual report
「Sales to the repair market were ¥27,369 million, up 7.2% year on year, due to an increase in sales for industrial machinery repairs and the impact of foreign exchange, among other factors.」
The impact of foreign exchange on business performance continues to be reported. No significant change in the positioning of foreign exchange risk has been indicated. - FY2017WorsenedAnnual report
「Overseas sales account for more than 50% of the Group's consolidated sales, and the proportion of overseas sales is expected to increase as the Group accelerates its global business expansion.」
The Group's reliance on overseas sales exceeds 50% and is expected to increase as its global expansion accelerates. - FY2017-Q3RestatedAnnual report
「Overall, sales were ¥138,541 million, down 11.4% year on year due to the impact of foreign exchange, while segment profit was ¥5,163 million, up 44.9% year on year due to reductions in variable costs, among other factors.」
The impact of foreign exchange on overseas sales continues to be reported. Despite the impact of foreign exchange, the results also show that profit in the Americas was secured through reductions in variable costs, among other factors. - FY2017-Q2RestatedAnnual report
「Overall, sales were ¥91,704 million, down 14.0% year on year due to the impact of foreign exchange, while segment profit was ¥3,276 million, up 35.0% year on year due to reductions in variable costs, among other factors.」
While foreign exchange affected sales in multiple regions, including the Americas, the results show that profit was secured through reductions in variable costs, among other factors. The positioning of foreign exchange exposure as a risk remains unchanged. - FY2017-Q1First statedAnnual report
「Overall, sales were ¥47,087 million, down 12.3% year on year due to the impact of foreign exchange, while segment profit was ¥1,797 million, up 32.1% year on year due to reductions in variable costs, among other factors.」
The results show that foreign exchange affected the decline in sales in the Americas segment.