Foreign-Exchange Rate Movements Associated with Overseas Operations
First written in FY2017. 12 of 25 entries say "Mitigated", first in FY2021-Q1. Latest entry: 2026-08-06.
The whole theme swung hardest in 2018: 3 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- 2026-08-06MitigatedRevisions to earnings forecasts
「This was mainly because retained earnings decreased by ¥3.006 billion as a result of dividend payments, while profit attributable to owners of the parent of ¥3.439 billion was recorded and the foreign currency translation adjustment increased by ¥1.890 billion.」
The increase in the foreign currency translation adjustment meant that the foreign-exchange translation impact of overseas operations contributed to higher net assets. - FY2026MitigatedAnnual report
「The yen depreciated toward the end of the period against currencies associated with the Group's major locations, including the euro, Mexican peso and renminbi, causing the foreign currency translation adjustment account to increase.」
Whereas the previous fiscal year included a translation impact from yen appreciation, in the current fiscal year the foreign currency translation adjustment account increased due to yen depreciation, appearing as a factor increasing net assets. - 2026-05-13MitigatedRevisions to earnings forecasts
「This was mainly because retained earnings decreased by ¥5.087 billion as a result of dividend payments, while profit attributable to owners of the parent of ¥9.828 billion was recorded, the foreign currency translation adjustment increased by ¥9.406 billion, and the cumulative adjustments related to retirement benefits increased by ¥4.475 billion.」
The foreign currency translation adjustment increased by ¥9.406 billion, with the foreign-exchange translation impact of overseas operations contributing to higher net assets. - FY2026-H1MitigatedAnnual report
「This was mainly due to a ¥231 million decrease resulting from the payment of dividends from retained earnings, despite the recording of interim net income attributable to owners of the parent of ¥476 million and a ¥403 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account, which had reflected a reduction caused by yen appreciation through the previous fiscal year, increased by ¥403 million in the current interim consolidated fiscal period, and the translation impact of overseas operations appeared as an increase in net assets. - FY2025MaterialisedAnnual report
「In addition, assets of overseas affiliates decreased due to the translation impact of yen appreciation.」
The translation impact of yen appreciation on overseas affiliates appeared as a decrease in assets, and the foreign currency translation adjustment account also decreased by ¥330 million. - FY2025-H1WorsenedAnnual report
「Net assets were ¥12,396 million, a decrease of ¥171 million from the end of the previous consolidated fiscal year. This was mainly due to decreases of ¥210 million resulting from the payment of dividends from retained earnings and ¥365 million in the foreign currency translation adjustment account, despite the recording of interim net income attributable to owners of the parent of ¥271 million and a ¥134 million increase in non-controlling interests.」
The foreign currency translation adjustment account, which had increased net assets through the previous fiscal year as a result of yen depreciation, decreased by ¥365 million, and the translation impact of overseas operations emerged as a factor reducing net assets. - FY2024RestatedAnnual report
「The yen depreciated against nearly all currencies, including the euro, causing the foreign currency translation adjustment account to increase,」
The structure whereby the translation of overseas operations affects performance and net assets remains in place, and in the current fiscal year the effect has appeared as an increase resulting from yen depreciation. - FY2024-Q3RestatedAnnual report
「Net assets were ¥11,613 million, an increase of ¥320 million from the end of the previous consolidated fiscal year. This was mainly due to the recording of quarterly net income attributable to owners of the parent of ¥605 million and a ¥528 million increase in the foreign currency translation adjustment account, despite decreases of ¥490 million resulting from the acquisition of treasury shares and ¥390 million resulting from the payment of dividends from retained earnings.」
The foreign currency translation adjustment account increased by ¥528 million, and the translation impact of overseas operations continued to appear as an increase in net assets. - FY2024-Q2MitigatedAnnual report
「This was mainly due to decreases of ¥406 million resulting from the acquisition of treasury shares and ¥224 million resulting from the payment of dividends from retained earnings, despite the recording of quarterly net income attributable to owners of the parent of ¥433 million and a ¥665 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account increased by ¥665 million, and the translation impact of overseas operations continued to appear as an increase in net assets resulting from yen depreciation. - FY2024-Q1MitigatedAnnual report
「Net assets were ¥12,002 million, an increase of ¥709 million from the end of the previous consolidated fiscal year. This was mainly due to the recording of quarterly net income attributable to owners of the parent of ¥245 million and a ¥591 million increase in the foreign currency translation adjustment account, despite a ¥224 million decrease resulting from the payment of dividends from retained earnings.」
The foreign currency translation adjustment account increased by ¥591 million, and the translation impact of overseas operations continued to appear as an increase in net assets rather than a decrease caused by yen appreciation. - FY2023-Q3MitigatedAnnual report
「Net assets were ¥10,847 million, an increase of ¥537 million from the end of the previous consolidated fiscal year. This was mainly due to the recording of quarterly net income attributable to owners of the parent of ¥607 million and a ¥233 million increase in the foreign currency translation adjustment account, despite a ¥246 million decrease resulting from the payment of dividends from retained earnings.」
The foreign currency translation adjustment account increased by ¥233 million, and the translation impact of overseas operations appeared as an increase resulting from yen depreciation rather than a decrease in net assets caused by yen appreciation. - FY2023-Q2MitigatedAnnual report
「Net assets were ¥10,974 million, an increase of ¥665 million from the end of the previous consolidated fiscal year. This was mainly due to the recording of quarterly net income attributable to owners of the parent of ¥354 million and a ¥493 million increase in the foreign currency translation adjustment account, despite a ¥123 million decrease resulting from the payment of dividends from retained earnings.」
The foreign currency translation adjustment account increased by ¥493 million, and, in contrast to the translation impact of overseas operations caused by yen appreciation through the previous fiscal year, the effect of yen depreciation has emerged as an increase in net assets. - FY2022RestatedAnnual report
「As the yen depreciated, the yen-denominated amounts of overseas subsidiaries increased,」
The structure whereby exchange-rate fluctuations affect the yen-denominated amounts of overseas subsidiaries and net assets remains in place, and in the current fiscal year the effect has appeared as an increase resulting from yen depreciation. - FY2022-Q3MitigatedAnnual report
「Net assets were ¥9,528 million, an increase of ¥284 million from the end of the previous consolidated fiscal year. This was mainly due to the recording of quarterly net income attributable to owners of the parent of ¥298 million and a ¥158 million increase in the foreign currency translation adjustment account, despite a ¥246 million decrease resulting from the payment of dividends from retained earnings.」
The foreign currency translation adjustment account, which had reduced net assets through the previous period, increased by ¥158 million, and the translation impact of overseas operations remains weaker. - FY2022-Q1RestatedAnnual report
「This was mainly due to a ¥123 million decrease resulting from the payment of dividends from retained earnings, despite the recording of quarterly net income attributable to owners of the parent of ¥205 million and a ¥71 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account, which had reduced net assets through the previous period, also increased by ¥71 million in the current quarter, and the translation impact of overseas operations remains limited. - FY2021-Q3MitigatedAnnual report
「Net assets were ¥8,510 million, an increase of ¥308 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥272 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account, which had reduced net assets through the previous period, increased by ¥272 million, and the translation impact of overseas operations continues to weaken. - FY2021-Q2MitigatedAnnual report
「This was mainly due to a ¥230 million decrease in retained earnings resulting from the recording of a quarterly net loss attributable to owners of the parent and the payment of dividends from retained earnings, despite a ¥123 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account increased by ¥123 million from the end of the previous consolidated fiscal year, weakening the translation impact of overseas operations that had reduced net assets through the previous period. - FY2021-Q1MitigatedAnnual report
「This was mainly due to a ¥263 million decrease in retained earnings resulting from the recording of a quarterly net loss attributable to owners of the parent and the payment of dividends from retained earnings, despite a ¥78 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account, which had reduced net assets through the previous period, increased by ¥78 million in the current quarter, temporarily weakening the translation impact of overseas operations. - FY2020WorsenedAnnual report
「The main factor was a decrease in the foreign currency translation adjustment account as the yen appreciated against nearly all currencies, including the Mexican peso.」
The yen appreciated against nearly all currencies, and the translation impact of overseas operations expanded, including a ¥568 million decrease in the foreign currency translation adjustment account from the previous year-end. - FY2020-Q3WorsenedAnnual report
「Net assets were ¥8,716 million, a decrease of ¥172 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥167 million decrease in the foreign currency translation adjustment account.」
The translation impact of overseas operations was reflected in the decrease in net assets through a ¥167 million decrease in the foreign currency translation adjustment account. - FY2020-Q2WorsenedAnnual report
「Net assets were ¥8,653 million, a decrease of ¥236 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥365 million decrease in the foreign currency translation adjustment account, despite a ¥77 million increase in retained earnings.」
The translation impact of overseas operations was further reflected as a decrease of ¥365 million in the foreign currency translation adjustment account, contributing to the decline in net assets. - FY2020-Q1WorsenedAnnual report
「Net assets were ¥8,681 million, a decrease of ¥207 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥190 million decrease in the foreign currency translation adjustment account.」
The translation impact of overseas operations was the main cause of the decrease in net assets in the first quarter and became more pronounced from the previous year-end through the decrease in the foreign currency translation adjustment account. - FY2019MaterialisedAnnual report
「Foreign currency translation adjustment account △ 2,414」
Regarding foreign-exchange fluctuations in overseas operations, the foreign currency translation adjustment account declined from negative ¥111 million in the previous period to negative ¥241 million, with the translation impact reflected in the financial figures. - FY2019-Q3MaterialisedAnnual report
「The foreign currency translation adjustment account decreased by ¥142 million.」
The impact of foreign-exchange risk when translating foreign-currency transactions from overseas operations into yen is reflected in the financial figures as a ¥142 million decrease in the foreign currency translation adjustment account. - FY2017First statedAnnual report
「Foreign-currency transactions and other activities related to overseas operations are translated into yen for the preparation of the consolidated financial statements. Fluctuations in exchange rates at the time of translation may affect the performance of the Group.」
Separate from the specific period of yen appreciation, the risk of exchange-rate fluctuations when translating foreign-currency transactions from overseas operations into yen is explicitly identified.