Decline in the Yen-Converted Amount of Overseas Sales Due to Yen Appreciation
First written in FY2016-Q3. 9 of 24 entries say "Worsened", first in FY2022-Q3. Latest entry: 2026-10-02.
Optoelectronics moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 11 of 22 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2026-H1WorsenedAnnual report
「The company recorded foreign exchange losses of ¥64 million as non-operating expenses due to exchange-rate fluctuations, causing foreign exchange gains and losses to deteriorate by ¥110 million in total.」
Foreign exchange gains in the same period of the previous year turned into ¥64 million in foreign exchange losses in the current interim period, resulting in a ¥110 million deterioration in foreign exchange gains and losses. - 2026-04-03WorsenedEarnings
「The company recorded foreign exchange losses of ¥72 million as non-operating expenses due to exchange-rate fluctuations, causing foreign exchange gains and losses to deteriorate by ¥115 million in total.」
Foreign exchange gains and losses deteriorated by ¥115 million year on year, contributing to the widening ordinary loss. - FY2025WorsenedAnnual report
「This was due to factors including the recognition of ¥185 million in foreign exchange losses as non-operating expenses, in addition to the aforementioned factors affecting operating profit.」
Foreign exchange losses increased from ¥102 million in the previous fiscal year to ¥185 million, becoming a factor that restrained the reduction in the ordinary loss. - FY2025-H1MitigatedAnnual report
「The main factor was a total ¥121 million improvement in foreign exchange gains and losses.」
Foreign exchange gains and losses improved by ¥121 million year on year, becoming a factor in the reduction of the ordinary loss. - FY2024WorsenedAnnual report
「This was due to factors including a ¥90 million increase in foreign exchange losses, in addition to the aforementioned decrease in operating profit.」
The increase in foreign exchange losses due to the yen's depreciation and other factors became a factor contributing to the expansion of the ordinary loss. - FY2024-Q2WorsenedAnnual report
「Foreign exchange losses 61,888 75,413」
Foreign exchange losses increased from ¥61 million in the same period of the previous year to ¥75 million, expanding the impact of currency fluctuations on profit and loss. - FY2024-Q1WorsenedAnnual report
「In addition, the depreciation of the yen resulted in a foreign-currency revaluation of the provision for litigation losses, causing foreign exchange losses to increase by ¥44 million year on year.」
The foreign-currency revaluation of the provision for litigation losses due to the yen's depreciation caused foreign exchange losses to increase by ¥44 million year on year, expanding the impact of currency fluctuations on profit and loss. - FY2023MitigatedAnnual report
「This was due to factors including a ¥39 million year-on-year increase in interest income and an ¥83 million decrease in foreign exchange losses, in addition to the aforementioned decrease in operating profit.」
Foreign exchange losses decreased from ¥95 million in the previous fiscal year to ¥12 million, reducing the impact of currency fluctuations on profit and loss from the previous fiscal year. - FY2023-Q3MitigatedAnnual report
「Foreign exchange losses 123,283 37,835」
Foreign exchange losses decreased from ¥123 million in the same period of the previous year to ¥38 million, but the impact of currency fluctuations continued to be reflected in profit and loss. - FY2023-Q2MitigatedAnnual report
「Foreign exchange loss 67,223 61,888」
Foreign exchange losses decreased from ¥67 million in the same period of the previous year to ¥62 million, but the impact of currency fluctuations continued to be reflected in profit and loss. - FY2023-Q1WorsenedAnnual report
「This was primarily due to an increase of ¥28 million in the foreign exchange loss year on year as the yen depreciated.」
The foreign exchange loss resulting from the yen's depreciation increased by ¥28 million year on year, indicating a greater impact from foreign exchange risk flowing through to earnings. - FY2022MaterialisedAnnual report
「This was primarily due to a ¥95 million foreign exchange loss, among other factors, resulting from the revision of the conversion rate for the litigation loss provision recorded in the previous fiscal year in response to the yen's depreciation, as well as lower rental income year on year and the previously mentioned decline in operating income.」
The previously cited risk of greater-than-expected foreign exchange movements materialized as a ¥95 million foreign exchange loss resulting from translation differences in the litigation loss provision as the yen depreciated. - FY2022-Q3WorsenedAnnual report
「Foreign exchange loss － 123,283」
The company recorded a foreign exchange loss of ¥123 million during the first nine months of the fiscal year. No foreign exchange loss was recorded during the first nine months of the previous fiscal year. - FY2022-Q2MaterialisedAnnual report
「Foreign exchange loss 67,223」
The company recorded a foreign exchange loss of ¥67.223 million during the first half of the fiscal year. - FY2021RestatedAnnual report
「As a result, foreign exchange risk arising from purchases and settlements by overseas subsidiaries was reduced. However, the group has never entered into forward exchange contracts, so if exchange rates fluctuate significantly beyond expectations in the future, this could affect the group's operating results.」
While the dollar-based shipping system has reduced some foreign exchange risk, the group continues to identify the risk of greater-than-expected movements because it does not enter into forward exchange contracts. - FY2019RestatedAnnual report
「As a result, foreign exchange risk arising from purchases and settlements by overseas subsidiaries was reduced. However, the group has never entered into forward exchange contracts, so if exchange rates fluctuate significantly beyond expectations in the future, this could affect the group's operating results.」
The dollar-based shipping system has reduced foreign exchange risk related to purchases and settlements by overseas subsidiaries, while greater-than-expected exchange-rate movements continue to be described as a risk. - FY2018Shift from explaining the effects of foreign exchange translation on actual results to managing future foreign exchange riskAnnual report
「The group previously conducted transactions denominated in yen for sales of products to overseas subsidiaries, but from the 34th fiscal year established a dollar-based shipping system under which overseas subsidiaries generally purchase products directly from subcontractors in U.S. dollars. As a result, foreign exchange risk arising from purchases and settlements by overseas subsidiaries was reduced. However, the group has never entered into forward exchange contracts, so if exchange rates fluctuate significantly beyond expectations in the future, this could affect the group's operating results.」
The explanation shifted from the decline in the yen-equivalent amount of overseas sales to a description of how the dollar-based shipping system partly reduces risk while greater-than-expected foreign exchange movements remain a future risk. - FY2018-Q2DroppedAnnual report
「Overseas sales were ¥610 million in the United States, up 1.5% year on year, and ¥1,606 million in Europe, Asia and other regions, up 3.1%.」
The decline in the yen-equivalent amount of overseas sales due to yen appreciation, which had been cited previously, was not explicitly mentioned in the explanation of sales this time. - FY2018-Q1Overseas operations remained firm as planned despite foreign exchange effectsAnnual report
「Although overseas operations were affected by foreign exchange movements, they remained firm as initially planned.」
The company continues to recognize the impact of foreign exchange movements but explained that its overseas business remained firm as initially planned. - FY2017-Q3MaterialisedAnnual report
「Although sales of two-dimensional modules and scanners were strong in Europe, Asia and other regions, increasing sales in local-currency terms, sales were ¥2,306 million, down 1.9% year on year, due to the effect of the yen's strengthening trend. The decline attributable to foreign exchange effects was 4.6%.」
The impact of the yen's strengthening trend on the yen-equivalent amount of overseas sales continued, with the decline attributable to foreign exchange effects in Europe, Asia and other regions quantified at 4.6%. - FY2017-Q2MaterialisedAnnual report
「Overseas sales of modules and terminals failed to grow, while the yen remained stronger than in the previous period. Sales in the United States were ¥602 million, down 28.1% year on year, including a 5.2% decline attributable to foreign exchange effects, while sales in Europe, Asia and other regions were ¥1,557 million, down 9.2%, including a 7.5% decline attributable to foreign exchange effects.」
The impact of the yen's strengthening trend on the yen-equivalent amount of overseas sales continued, with the decline attributable to foreign exchange effects quantified at 5.2% in the United States and 7.5% in Europe, Asia and other regions. - FY2016-Q3First statedAnnual report
「Overseas sales declined in local-currency terms amid growing uncertainty over the global economic outlook, while the yen-equivalent amount also decreased as the yen strengthened against foreign currencies.」
The company states that the yen-equivalent amount of overseas sales actually declined as the yen strengthened.