Foreign exchange fluctuations arising from foreign-currency transactions at Chinese subsidiaries
First written in FY2016. 5 of 12 entries say "Restated". Latest entry: 2026-11-13.
The whole theme swung hardest in 2025: 73 of 159 companies on the "Worse" side.
- 2026-11-13MaterialisedRevision to earnings forecast
「利益面につきましては、主要原材料である銅の国内相対取引における建値が高止まりしていることに加え、物価上昇による仕入コストの増加や為替相場の円安進行の影響を受け、営業利益、経常利益および親会社株主に帰属する中間純利益は、いずれも予想を下回る結果となりました。」
円安進行の影響が中間期の営業利益・経常利益・中間純利益の予想未達として実際の損益に現れている。 - FY2026MaterialisedAnnual report
「Compared with the ¥224 million gain on the sale of investment securities recorded in the previous fiscal year, the Company recorded ¥326 million in subsidy income in the current fiscal year. However, due in part to the recognition of a ¥136 million foreign-ex exchange loss, revenue decreased by ¥48 million.」
Regarding the risk of foreign-exchange fluctuations associated with the subsidiaries in China and the Philippines, the Company explained that it recorded a ¥136 million foreign-exchange loss in the current fiscal year, indicating that the impact of exchange-rate movements has appeared in actual earnings. - 2026-05-15WorsenedResults
「急激な為替変動に伴う物価上昇や仕入コストの増加など、厳しい状況が続くものと予想しております。」
急激な為替変動が物価上昇・仕入コスト増加につながるリスクとして引き続き示されている。 - FY2025RestatedAnnual report
「Because the Group has subsidiaries in China and the Philippines, it is exposed to foreign exchange fluctuation risk, and exchange rate movements may adversely affect the Group's operating results and financial position.」
The risk of foreign-exchange fluctuations associated with the subsidiaries in China and the Philippines continues to be disclosed. - FY2024-Q1RestatedAnnual report
「In China, revenue was ¥1,779 million, down 1.8% year on year, as sales to external customers declined 33.7% year on year. Despite higher raw material prices and the impact of foreign exchange, segment profit was ¥150 million, up 254.4%, following a review of intercompany transaction prices prompted by the weaker yen.」
The company continues to describe a situation in the China business in which the depreciation of the yen is affecting the revision of intercompany transaction prices and segment profit. - FY2023-Q3MaterialisedAnnual report
「In China, revenue was ¥5,534 million, up 31.1% year on year, due to a review of intercompany transaction prices prompted by the weaker yen. Despite higher raw material prices and the impact of foreign exchange, operating profit was ¥470 million, up 5,267.4%.」
Foreign exchange fluctuations have actually affected the revision of intercompany transaction prices and operating profit in the China business. - FY2023-Q2WorsenedAnnual report
「During the six-month period of the current fiscal year, the outlook remained uncertain due to the resurgence of infections caused by new COVID-19 variants, the prolonged Russia-Ukraine situation and other disruptions in the international community that drove up raw material and energy prices, as well as the rapid depreciation of the yen.」
The rapid depreciation of the yen emerged as a business-environment factor alongside rising raw material and energy prices, increasing foreign exchange risk exposure. - FY2022RestatedAnnual report
「Because the Group has subsidiaries in China and the Philippines, it is exposed to foreign exchange fluctuation risk, and exchange rate movements may adversely affect the Group's operating results and financial position.」
The company continues to describe foreign exchange fluctuation risk associated with its subsidiaries in China and the Philippines. - FY2020WorsenedAnnual report
「Because the Group has subsidiaries in China and the Philippines, it is exposed to foreign exchange fluctuation risk, and exchange rate movements may adversely affect the Group's operating results and financial position.」
The scope of foreign exchange risk has expanded from the Chinese subsidiary to 2 locations, China and the Philippines. - FY2018RestatedAnnual report
「The Group generally conducts transactions denominated in yen to avoid foreign exchange risk. However, its Chinese subsidiaries conduct foreign-currency transactions through local production and local sales, and exchange rate fluctuations may affect the Group's operating results and financial position.」
Although transactions denominated in yen are the general policy, foreign-currency transactions at Chinese subsidiaries continue to represent foreign exchange risk. - FY2017RestatedAnnual report
「The Group generally conducts transactions denominated in yen to avoid foreign exchange risk. However, its Chinese subsidiaries conduct foreign-currency transactions through local production and local sales, and exchange rate fluctuations may affect the Group's operating results and financial position.」
Although transactions denominated in yen are the general policy, foreign-currency transactions at Chinese subsidiaries continue to represent foreign exchange risk. - FY2016First statedAnnual report
「The Group generally conducts transactions denominated in yen to avoid foreign exchange risk. However, its Chinese subsidiaries conduct foreign-currency transactions through local production and local sales, and exchange rate fluctuations may affect the Group's operating results and financial position.」
Although transactions denominated in yen are the general policy, foreign-currency transactions associated with local production and local sales at Chinese subsidiaries remain as residual risks.