Foreign exchange fluctuations affecting overseas sales and overseas subsidiaries
First written in FY2016. 32 of 34 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
- FY2026-H1MaterialisedAnnual report
「The average exchange rate against the US dollar during the interim consolidated accounting period was ¥146.04 per US dollar, representing approximately 4% year-on-year yen appreciation, while the average exchange rate against the euro was ¥168.06 per euro, representing approximately 1% year-on-year yen depreciation. The foreign exchange impact on revenue and operating profit during the interim consolidated accounting period was as follows: - Revenue: decrease of approximately ¥37.9 billion year on year - Operating profit: decrease of approximately ¥3.4 billion year on year」
Foreign exchange movements, including yen appreciation, were reflected in interim results as factors reducing revenue by approximately ¥37.9 billion and operating profit by approximately ¥3.4 billion. - FY2025MaterialisedAnnual report
「The foreign exchange impact on revenue and operating profit for the fiscal year was as follows: - Revenue: increase of approximately ¥100.7 billion year on year - Operating profit: increase of approximately ¥6.7 billion year on year」
The foreign exchange impact of yen depreciation was reflected in annual results as a factor increasing revenue by approximately ¥100.7 billion and operating profit by approximately ¥6.7 billion, while foreign exchange losses of approximately ¥14.1 billion were also recorded. - FY2025-H1MaterialisedAnnual report
「Interim profit before tax decreased 30.9% year on year to ¥100.174 billion, including the impact of recording approximately ¥27.3 billion in foreign exchange losses as the yen appreciated rapidly during the second quarter of the fiscal year.」
Foreign exchange losses of approximately ¥27.3 billion resulting from the rapid appreciation of the yen actually affected interim profit before tax. Meanwhile, the foreign exchange impact increased revenue by approximately ¥76.9 billion and operating profit by approximately ¥7.9 billion. - FY2024MaterialisedAnnual report
「The foreign exchange impact on revenue and operating profit for the fiscal year was as follows: - Revenue: increase of approximately ¥121.4 billion year on year - Operating profit: increase of approximately ¥8.7 billion year on year」
The foreign exchange impact of yen depreciation was reflected in annual results as a factor increasing revenue by approximately ¥121.4 billion and operating profit by approximately ¥8.7 billion. - FY2024-Q3MaterialisedAnnual report
「The foreign exchange impact on revenue and operating profit for the first nine months of the fiscal year was as follows: - Revenue: increase of approximately ¥69.5 billion year on year - Operating profit: increase of approximately ¥5.1 billion year on year」
The foreign exchange impact of yen depreciation was reflected in nine-month results as a factor increasing revenue by approximately ¥69.5 billion and operating profit by approximately ¥5.1 billion. - FY2024-Q2MaterialisedAnnual report
「Consolidated revenue from continuing operations for the first six months of the fiscal year increased 2.6% year on year to ¥1.160662 trillion and reached a record high. This included the foreign exchange impact, which increased revenue by approximately ¥45.7 billion year on year, amid continued adjustments in home appliance demand and slower unit growth in China’s EV market, alongside signs that the IT equipment industry had bottomed out, a recovery in global automotive production and strong demand related to industry and infrastructure.」
The foreign exchange impact of yen depreciation was reflected in first-half results as a factor increasing revenue by approximately ¥45.7 billion year on year. - FY2024-Q1MaterialisedAnnual report
「Consolidated revenue from continuing operations for the first quarter of the fiscal year increased 4.8% year on year to ¥566.055 billion, including the foreign exchange impact, which increased revenue by approximately ¥23.3 billion year on year. This reflected the continued peaking out of IT equipment shipments, ongoing adjustments in home appliance demand and slower unit growth in China’s EV market, alongside a recovery in global automotive production and strong demand related to industry and infrastructure.」
The foreign exchange impact was reflected in first-quarter results as a factor increasing revenue by approximately ¥23.3 billion year on year. - FY2023MaterialisedAnnual report
「Consolidated revenue from continuing operations for the fiscal year increased 16.9% year on year to ¥2.242824 trillion and reached a record high. This included an increase of approximately ¥270.9 billion from the foreign exchange impact, amid the effects of Russia’s invasion of Ukraine and continued difficulty for customers in procuring semiconductors and other electronic components, as well as higher revenue from equipment and systems, including entry into the automotive products business, such as traction motor systems (E-Axle), and the machine tools business.」
The foreign exchange impact was reflected in annual results as a factor increasing revenue by approximately ¥270.9 billion year on year. - FY2023-Q3MaterialisedAnnual report
「Consolidated revenue from continuing operations for the first nine months of the fiscal year increased 20.8% year on year to ¥1.699747 trillion, including the foreign exchange impact, which increased revenue by approximately ¥221.3 billion year on year, amid the effects of Russia’s invasion of Ukraine and continued difficulty for customers in procuring semiconductors and other electronic components. This was a record high.」
The foreign exchange impact was reflected in nine-month results as a factor increasing revenue by approximately ¥221.3 billion year on year. - FY2023-Q2MaterialisedAnnual report
「Consolidated revenue from continuing operations for the first six months of the fiscal year increased 24.2% year on year to ¥1.130767 trillion, including the foreign exchange impact, which increased revenue by approximately ¥139.6 billion year on year, amid the effects of Russia’s invasion of Ukraine and continued difficulty for customers in procuring semiconductors and other electronic components. This was a record high.」
The foreign exchange impact of yen depreciation was reflected in first-half results as a factor increasing revenue by approximately ¥139.6 billion year on year. - FY2023-Q1MaterialisedAnnual report
「Consolidated revenue from continuing operations for the first quarter of the fiscal year increased 20.8% year on year to ¥540.369 billion, including the foreign exchange impact, which increased revenue by approximately ¥67.2 billion year on year. This was a record high.」
The foreign exchange impact of yen depreciation was reflected in first-quarter results as a factor increasing revenue by approximately ¥67.2 billion year on year. - FY2022RestatedAnnual report
「For NIDEC’s foreign-currency-denominated financial instruments held at the end of the consolidated fiscal year, the impact on profit before tax in the consolidated statement of income of a 1% appreciation of the yen against the US dollar and euro, respectively, assuming all other variables remain constant, is as follows.」
The company quantitatively disclosed the impact of a 1% appreciation of the yen on profit before tax as a reduction of ¥1.116 billion for the US dollar and ¥0.473 billion for the euro in its foreign exchange risk management disclosure. - FY2022-Q3MaterialisedAnnual report
「Revenue from the “Precision Small Motors” product group decreased 5.5% year on year to ¥321.225 billion, while the foreign exchange impact increased revenue by approximately ¥18.5 billion year on year.」
Foreign exchange movements increased revenue from precision small motors by approximately ¥18.5 billion and were also reflected in results as a factor increasing revenue in automotive and home appliance, commercial and industrial applications. - FY2022-Q1MaterialisedAnnual report
「Revenue decreased 3.0% year on year to ¥101.306 billion, while the foreign exchange impact increased revenue by approximately ¥4.4 billion year on year.」
Foreign exchange movements were reflected in results as a factor increasing revenue from precision small motors by approximately ¥4.4 billion. Foreign exchange was also a factor increasing revenue in automotive and home appliance, commercial and industrial applications, although the impact differed by business. - FY2021MaterialisedAnnual report
「Revenue increased 4.6% year on year to ¥443.598 billion, while the foreign exchange impact reduced revenue by approximately ¥5.1 billion year on year.」
Foreign exchange movements reduced revenue from precision small motors by approximately ¥5.1 billion and continued to be reflected in annual results. - FY2021-Q3MaterialisedAnnual report
「Revenue increased 1.5% year on year to ¥339.952 billion, while the foreign exchange impact reduced revenue by approximately ¥4.4 billion year on year.」
Foreign exchange movements were reflected in results as a factor reducing revenue from precision small motors by approximately ¥4.4 billion. - FY2021-Q2MaterialisedAnnual report
「Revenue increased 1.7% year on year to ¥223.462 billion, while the foreign exchange impact reduced revenue by approximately ¥2.5 billion year on year.」
Foreign exchange movements reduced revenue by approximately ¥2.5 billion in precision small motors, approximately ¥1.1 billion in automotive and approximately ¥4.2 billion in home appliance, commercial and industrial applications, indicating that their impact continued to be reflected in results. - FY2020MaterialisedAnnual report
「Consolidated revenue from continuing operations for the fiscal year increased 4.0% year on year to ¥1.5348 trillion, despite the foreign exchange impact reducing revenue by approximately ¥38.1 billion. This was a record high.」
Foreign exchange movements were reflected in annual consolidated revenue as a factor reducing revenue by approximately ¥38.1 billion. - FY2020-Q3MaterialisedAnnual report
「Revenue from the “Precision Small Motors” product group decreased 2.4% year on year to ¥334.932 billion, while the foreign exchange impact reduced revenue by approximately ¥9.4 billion year on year.」
The impact of yen appreciation and adverse foreign exchange movements reduced revenue by approximately ¥9.4 billion in precision small motors, approximately ¥8.8 billion in automotive and approximately ¥9.9 billion in home appliance, commercial and industrial applications. - FY2020-Q2MaterialisedAnnual report
「Revenue from the “Automotive” product group decreased 0.7% year on year to ¥150.832 billion. Although revenue increased due to higher sales of actuator products from Nidec Motors & Actuators and the full-scale start of mass production at the traction motor plant, the primary factor was an adverse foreign exchange impact of approximately ¥5.3 billion.」
Adverse foreign exchange movements reduced revenue by approximately ¥5.3 billion in the Automotive product group, approximately ¥5.3 billion in precision small motors and approximately ¥5.4 billion in home appliance, commercial and industrial applications. - FY2020-Q1MaterialisedAnnual report
「Sales of the Automotive product group declined 2.2% year on year to ¥75,488 million, mainly due to the approximately ¥1,900 million adverse foreign-exchange impact, despite higher sales of actuator products from 日本電産モーターズアンドアクチュエーターズ and control valves from 日本電産トーソク.」
Adverse foreign exchange movements reduced revenue by approximately ¥1.9 billion in the Automotive product group, approximately ¥1.0 billion in precision small motors and approximately ¥0.5 billion in home appliance, commercial and industrial applications. - FY2019MaterialisedAnnual report
「Revenue from the “Precision Small Motors” product group decreased 2.4% year on year to ¥441.467 billion, while the foreign exchange impact reduced revenue by approximately ¥0.9 billion year on year.」
Foreign exchange movements were reflected in results as a factor reducing revenue by approximately ¥0.9 billion from precision small motors. They reduced revenue by approximately ¥1.5 billion in automotive and approximately ¥1.0 billion in home appliance, commercial and industrial applications. - FY2019-Q3MaterialisedAnnual report
「Revenue from the “Precision Small Motors” product group decreased 0.5% year on year to ¥343.253 billion, while the foreign exchange impact reduced revenue by approximately ¥1.6 billion year on year.」
Foreign exchange movements were reflected in nine-month results for the Precision Small Motors product group as a factor reducing revenue by approximately ¥1.6 billion. - FY2019-Q2MaterialisedAnnual report
「Revenue from the “Precision Small Motors” product group increased 3.8% year on year to ¥228.955 billion, while the foreign exchange impact reduced revenue by approximately ¥1.2 billion year on year.」
Foreign exchange movements actually reduced revenue from precision small motors by approximately ¥1.2 billion. - FY2019-Q1MaterialisedAnnual report
「Revenue from the “Automotive” product group increased 12.3% year on year to ¥77.181 billion, mainly due to higher sales of automotive motors for electric power steering and other applications and actuator products from Nidec Motors & Actuators. The foreign exchange impact increased revenue by approximately ¥1.8 billion year on year.」
Foreign exchange movements increased revenue in the Automotive product group by approximately ¥1.8 billion, while they reduced revenue from precision small motors by approximately ¥1.2 billion, with the impact differing by business. - FY2018MaterialisedAnnual report
「Revenue from the “Precision Small Motors” product group increased 3.5% year on year to ¥452.376 billion, while the foreign exchange impact increased revenue by approximately ¥9.0 billion year on year.」
Foreign exchange movements actually increased revenue from precision small motors by approximately ¥9.0 billion. They also increased revenue from automotive, home appliance, commercial and industrial applications by approximately ¥25.1 billion. - FY2018-Q3MaterialisedAnnual report
「“Nippon Densan” recorded total revenue of ¥17.073 billion for the first nine months of the fiscal year, up 0.8% year on year. This was mainly due to the positive impact of yen depreciation against the US dollar, despite lower demand for HDD motors.」
Foreign exchange movements were reflected in nine-month results as a factor boosting revenue through yen depreciation against the US dollar. Meanwhile, consolidated results included foreign exchange gains (losses) of △¥7.686 billion. - FY2018-Q2MaterialisedAnnual report
「Foreign exchange gains (losses) △5,581」
Foreign exchange losses of ¥5.581 billion were recorded for the first six months of the fiscal year. Meanwhile, some business segments reported yen depreciation as a factor increasing revenue, indicating that the impact of foreign exchange movements continued to be reflected in results. - FY2018-Q1MaterialisedAnnual report
「Profit before tax increased 24.9% year on year to ¥3.6326 billion, despite the impact of approximately ¥2.6 billion in foreign exchange losses on foreign-currency borrowings and other items used to finance acquisitions.」
Foreign exchange risk actually affected profit before tax in the first quarter through approximately ¥2.6 billion in foreign exchange losses on foreign-currency borrowings and other items used to finance acquisitions. - FY2017MaterialisedAnnual report
「The average exchange rates during the fiscal year reflected yen appreciation against the US dollar, at ¥108.38 per US dollar, approximately 9.8% stronger year on year, and against the euro, at ¥118.79 per euro, approximately 10.4% stronger year on year. The year-on-year foreign exchange impact reduced revenue by approximately ¥107.4 billion.」
The impact of yen appreciation was reflected in annual results as a factor reducing revenue by approximately ¥107.4 billion. - FY2017-Q3MaterialisedAnnual report
「Consolidated revenue for the first nine months of the fiscal year decreased 3.0% year on year to ¥868.228 billion due to the substantial appreciation of the yen.」
The impact of yen appreciation was reflected in actual performance as a 3.0% year-on-year decline in consolidated revenue for the nine-month period. - FY2017-Q2MaterialisedAnnual report
「Consolidated revenue for the first six months of the fiscal year decreased 4.0% year on year to ¥564.030 billion due to the substantial appreciation of the yen.」
The impact of yen appreciation was reflected in actual performance as a 4.0% year-on-year decline in consolidated revenue for the first half. - FY2017-Q1MaterialisedAnnual report
「Profit before tax decreased 7.9% year on year to ¥2.9103 billion, partly due to foreign exchange valuation losses on assets and liabilities resulting from the rapid appreciation of the yen.」
Foreign exchange risk related to overseas sales and overseas subsidiaries due to yen appreciation actually materialized as foreign exchange valuation losses and lower profit. - FY2016First statedAnnual report
「To mitigate this risk, we are working to reduce foreign exchange risk by matching the currencies of our sales and purchases.」
The company identifies the impact of yen appreciation on sales and profit as a risk and describes its response of matching the currencies of sales and purchases.