Impact of foreign exchange movements on profit and net assets
First written in FY2016-Q3. 16 of 35 entries say "Worsened", first in FY2016. Latest entry: 2026-05-11.
SK-Electronics moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2019: 68 of 119 companies on the "Worse" side.
4 other companies' latest entry also says "Cited as achieved".
- 2026-05-11Cited as achievedRevision to earnings forecasts
「In the large photomask business, results exceeded the publicly announced forecast for the six months ended September 2026, due to the impact of foreign exchange rates and other factors.」
The impact of foreign exchange rates and other factors was explicitly identified as a reason results exceeded the forecast for the six-month period, indicating that currency movements affected profitability. - FY2026-H1MitigatedAnnual report
「Foreign exchange gains 217,326 275,997」
The company continued to record foreign exchange gains, which increased from ¥217.326 million to ¥275.997 million. Having recorded a foreign exchange loss for the full previous fiscal year, the company mitigated the negative impact of foreign exchange on ordinary profit. - FY2025WorsenedAnnual report
「Foreign exchange losses 94,942 36,842」
Although foreign exchange gains resulting from the yen's depreciation were recorded in the first half, the company recorded a foreign exchange loss of ¥36 million for the full year. However, the loss decreased from ¥95 million in the previous period. - FY2025-H1MitigatedAnnual report
「Ordinary profit amounted to ¥2,307 million, up 176.7% year on year, due to foreign exchange gains arising from the yen's depreciation」
The company swung from recording a foreign exchange loss in the previous fiscal year to recording a foreign exchange gain resulting from the yen's depreciation in the current interim consolidated accounting period, mitigating the negative impact of foreign exchange on ordinary profit. - FY2024WorsenedAnnual report
「Foreign exchange losses ― 94,942」
The company swung from a foreign exchange gain of ¥119.74 million in the previous period to a foreign exchange loss of ¥94.942 million in the current period, which was a factor behind the decline in ordinary profit. - FY2024-Q2MitigatedAnnual report
「Foreign exchange losses 321,781 77,675」
Foreign exchange losses decreased from ¥321.781 million in the same period of the previous year to ¥77.675 million, reducing the negative impact of foreign exchange on ordinary profit. However, the company still recorded a foreign exchange loss in the current period. - FY2024-Q1WorsenedAnnual report
「Foreign exchange losses 241,427 246,319」
Foreign exchange losses increased from ¥241.427 million in the same period of the previous year to ¥246.319 million, which was a factor behind the decline in ordinary profit. The negative impact of foreign exchange fluctuations has continued. - FY2023-Q3WorsenedAnnual report
「Foreign exchange losses － 142,238」
Unlike the same period of the previous year, when there were no foreign exchange losses, the company recorded a foreign exchange loss of ¥142.238 million for the cumulative third quarter, which was a factor behind the decline in ordinary profit. - FY2023-Q2WorsenedAnnual report
「Foreign exchange losses 113,871 321,781」
Foreign exchange losses increased from approximately ¥114 million to approximately ¥322 million, and sharp foreign exchange fluctuations were reflected in the results as a factor behind the decline in ordinary profit. - FY2023-Q1WorsenedAnnual report
「Foreign exchange losses 114,534 241,427」
Foreign exchange losses increased from ¥114.534 million in the same period of the previous year to ¥241.427 million in the first quarter, which was a factor behind the decline in ordinary profit. - FY2022MitigatedAnnual report
「Ordinary profit amounted to ¥4,302 million, mainly due to the impact of foreign exchange gains.」
The company swung from the foreign exchange loss recorded in the previous period, and foreign exchange gains resulting from the yen's depreciation contributed to ordinary profit in the current period. - FY2022-Q3MitigatedAnnual report
「Foreign exchange losses 302,570 －」
The ¥302.57 million foreign exchange loss recorded in the same period of the previous year was not recorded for the cumulative third quarter, eliminating the negative impact of foreign exchange on ordinary profit. - FY2022-Q2Foreign exchange losses continued amid the yen's depreciation, but decreased year on yearAnnual report
「Foreign exchange losses 225,778 113,871」
Foreign exchange losses resulting from the yen's depreciation continued, but amounted to ¥113.871 million for the cumulative second quarter, down from ¥225.778 million in the same period of the previous year. - FY2022-Q1WorsenedAnnual report
「In terms of profit, operating profit was ¥412 million, up 28.0% year on year, while ordinary profit was ¥302 million, down 9.0% year on year, due to foreign exchange losses arising from the yen's depreciation」
Foreign exchange losses of ¥114.534 million arose from the yen's depreciation, increasing from ¥993,000 in the same period of the previous year and becoming a factor behind the decline in ordinary profit. - FY2021WorsenedAnnual report
「Ordinary profit amounted to ¥1,371 million, mainly due to the impact of foreign exchange losses.」
Foreign exchange losses for the full year amounted to ¥325.74 million, and continued from the previous period to be a factor behind the decline in ordinary profit. - FY2021-Q3WorsenedAnnual report
「Foreign exchange losses 73,350 302,570」
Foreign exchange losses increased from ¥73 million in the same period of the previous year to ¥302 million for the cumulative third quarter, which has been a factor behind the decline in ordinary profit. - FY2021-Q2WorsenedAnnual report
「Foreign exchange losses 38,404 225,778」
Foreign exchange losses increased from ¥38 million in the same period of the previous year to ¥225 million in the current period, which was a factor behind the decline in ordinary profit. - FY2021-Q1MitigatedAnnual report
「Foreign exchange losses 107,371 993」
Foreign exchange losses declined substantially, from ¥107 million in the same period of the previous year to ¥993,000, reducing the negative impact of foreign exchange on ordinary profit. - FY2020WorsenedAnnual report
「Ordinary loss amounted to ¥708 million, mainly due to the impact of foreign exchange losses.」
The company swung from a foreign exchange gain in the previous period to a foreign exchange loss in the current period, which was cited as the main factor behind the ordinary loss. - FY2020-Q3WorsenedAnnual report
「Foreign exchange losses － 73,350」
The company recorded a foreign exchange loss of ¥73 million for the cumulative third quarter, an increase from ¥38 million in the cumulative previous quarter. - FY2020-Q2Foreign exchange losses continued, but the amount decreasedAnnual report
「Foreign exchange losses － 38,404」
Compared with a foreign exchange gain of ¥98 million in the same period of the previous year and a foreign exchange loss of ¥107 million in the previous quarter, the company recorded a foreign exchange loss of ¥38 million for the cumulative second quarter. Foreign exchange losses continued, but the loss decreased from the previous quarter. - FY2020-Q1WorsenedAnnual report
「Foreign exchange losses － 107,371」
The company swung from a foreign exchange gain of ¥95 million in the same quarter of the previous year to a foreign exchange loss of ¥107 million in the first quarter, which was a factor behind the decline in ordinary profit. - FY2019Increase in Foreign Exchange GainAnnual report
「Ordinary profit was ¥6,341 million, mainly due to the impact of foreign exchange gains.」
Foreign exchange gains amounted to ¥237 million in the current period, up from ¥93 million in the previous period, and contributed to ordinary profit. - FY2019-Q3RestatedAnnual report
「Foreign exchange gains 114,215 232,923」
Foreign exchange gains continued to contribute to ordinary profit, reaching ¥232 million for the first nine months of the current consolidated cumulative period. - FY2019-Q2RestatedAnnual report
「Foreign exchange gains 43,416 97,959」
Foreign exchange gains increased from ¥43 million in the same period of the previous year to ¥98 million in the current period, and foreign exchange continued to contribute positively to ordinary profit. - FY2019-Q1RestatedAnnual report
「Foreign exchange gains − 95,905」
Foreign exchange gains, which replaced the foreign exchange losses recorded in the same period of the previous year, totaled ¥95 million in the first quarter, and foreign exchange continued to contribute positively to ordinary profit. - FY2018RestatedAnnual report
「Foreign exchange gains 93,900」
Foreign exchange gains, which replaced the foreign exchange losses recorded in the previous year, totaled ¥93 million for the full fiscal year and contributed positively to ordinary profit. - FY2018-Q3RestatedAnnual report
「Foreign exchange gains 114,215」
Foreign exchange gains continued after replacing the foreign exchange losses recorded in the same period of the previous year, reaching ¥114 million for the first nine months of the current fiscal year. - FY2018-Q2MitigatedAnnual report
「Foreign exchange gains 43,416」
Foreign exchange losses of ¥198 million in the same period of the previous year turned into foreign exchange gains of ¥43 million in the current quarter, eliminating the negative impact of foreign exchange on ordinary profit. - FY2018-Q1MitigatedAnnual report
「Foreign exchange losses 16,271」
Foreign exchange losses declined substantially from ¥149 million in the same period of the previous year to ¥16 million, but continued to be recorded as a non-operating expense. - FY2017-Q3Foreign exchange losses continued, but the amount declinedAnnual report
「Ordinary profit was ¥1,064 million (down 44.2% year on year) due to the recognition of foreign exchange losses of ¥184 million.」
Foreign exchange losses declined from ¥198 million for the first six months to ¥184 million, but continued to contribute to the decline in ordinary profit. - FY2017-Q2WorsenedAnnual report
「Ordinary profit was ¥758 million (down 20.5% year on year) due to the recognition of foreign exchange losses of ¥198 million.」
Foreign exchange losses of ¥198 million were recognized for the cumulative period, contributing to the decline in ordinary profit. - FY2017-Q1WorsenedAnnual report
「Ordinary profit was ¥392 million (down 37.6% year on year) due to the recognition of foreign exchange losses of ¥149 million.」
Instead of the foreign exchange gains recorded in the same period of the previous year, foreign exchange losses of ¥149 million were recognized in the current quarter, contributing to the decline in ordinary profit. Meanwhile, the foreign currency translation adjustment account shifted from negative at the end of the previous consolidated fiscal year to positive. - FY2016WorsenedAnnual report
「Ordinary profit was ¥2,000 million (down 46.9% year on year) due to the recognition of foreign exchange gains of ¥362 million.」
Foreign exchange gains contributed to profit, while the foreign currency translation adjustment account moved from a positive ¥141 million to a negative ¥411 million, with a negative impact on net assets also disclosed. - FY2016-Q3First statedAnnual report
「Ordinary profit was ¥1,908 million (down 31.7% year on year) due to the recognition of foreign exchange gains of ¥417 million.」
Foreign exchange gains of ¥417 million contributed to ordinary profit, while the foreign currency translation adjustment account declined, showing the impact of foreign exchange movements in the results.