Earnings deterioration caused by foreign-exchange movements
First written in FY2016. 10 of 18 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 73 of 159 companies on the "Worse" side.
- FY2025-H1WorsenedAnnual report
「Foreign exchange loss 50」
The company recorded a foreign exchange loss of ¥50 million in the six-month consolidated period, indicating that currency movements had shifted modestly toward losses from the foreign exchange gain-led situation through the previous fiscal year. - FY2024-Q3RestatedAnnual report
「Foreign exchange gains 1,092」
The company recorded a foreign exchange gain of ¥1,092 million for the nine months ended this third quarter. Currency movements therefore worked to offset the ordinary loss rather than increase it. - FY2023MitigatedAnnual report
「Foreign exchange gain: ¥2,699 million」
The company recorded a foreign exchange gain of ¥2,699 million for the fiscal year, resulting in an effect that helped offset losses rather than adversely affecting non-operating income and expenses through currency movements. - FY2023-Q2MitigatedAnnual report
「The ordinary loss was ¥8,401 million, mainly due to the recognition of a ¥4,138 million foreign exchange gain as non-operating income, broadly unchanged from the same period of the previous year.」
A foreign exchange gain of ¥4,138 million arose mainly from the yen's depreciation, resulting in an impact that offset losses rather than the adverse effect of exchange-rate movements on ordinary income. - FY2023-Q1MitigatedAnnual report
「Ordinary loss improved to ¥4,324 million year on year, mainly due to the recognition of ¥2,773 million in foreign exchange gains as non-operating income.」
As the yen weakened, a foreign exchange gain of ¥2,773 million was recorded, reducing the ordinary loss from ¥6,358 million in the same period of the previous year to ¥4,324 million. - FY2022MitigatedAnnual report
「Foreign exchange gains 1,604」
The company recorded a foreign exchange gain of ¥1,604 million for the year, an improvement from the ¥447 million foreign exchange loss in the previous year. Its hedging policy, including the use of forward exchange contracts, is also continuing. - FY2021-Q3WorsenedAnnual report
「Foreign exchange loss 1,922」
A foreign-exchange loss of ¥1,922 million was recorded during the cumulative period, and the impact of foreign-exchange movements on earnings re-emerged after a situation centered on foreign-exchange gains through the previous fiscal year. - FY2019MitigatedAnnual report
「Foreign exchange gain 1,765」
The Company recorded a foreign exchange gain of ¥1,765 million for the fiscal year, an improvement from the ¥3,219 million foreign exchange loss in the previous fiscal year. The hedging policy using forward exchange contracts and other instruments continues. - FY2019-Q3MitigatedAnnual report
「The ordinary loss was ¥19,727 million, due in part to the recognition of a foreign exchange gain of ¥2,487 million and an equity-method investment loss of ¥6,728 million, compared with an ordinary loss of ¥58,536 million in the same cumulative period of the previous year.」
The Company recorded a foreign exchange gain of ¥2,487 million rather than a loss, and the ordinary loss narrowed to ¥19,727 million from ¥58,536 million in the same period of the previous year, when an ordinary loss accompanied by a foreign exchange loss was recorded. - FY2019-Q2MitigatedAnnual report
「The ordinary loss was ¥19,029 million, due mainly to the recording of a ¥3,815 million foreign exchange gain in non-operating income and a ¥4,941 million equity-method investment loss, compared with an ordinary loss of ¥40,178 million in the same cumulative quarter of the previous year.」
The Company recorded a foreign exchange gain of ¥3,815 million, improving the situation from the foreign exchange loss in the same period of the previous year. The ordinary loss also narrowed to ¥19,029 million from ¥40,178 million in the same period of the previous year. - FY2019-Q1MitigatedAnnual report
「Ordinary loss was ¥12,713 million, due mainly to foreign exchange gains in non-operating income and expenses and the recognition of equity-method investment losses, compared with an ordinary loss of ¥20,613 million in the same quarter of the previous year and an ordinary loss of ¥35,121 million in the previous quarter.」
The company recorded a foreign exchange gain of ¥2,339 million during the quarter, an improvement from the foreign exchange losses recorded in the same quarter of the previous year and the preceding quarter. - FY2018MitigatedAnnual report
「Foreign exchange losses 3,219」
The foreign-exchange loss for the fiscal year was ¥3,219 million, down from ¥11,211 million in the previous fiscal year. This does not indicate that foreign-exchange risk has disappeared. - FY2018-Q2MitigatedAnnual report
「Foreign exchange losses 49」
Foreign exchange losses in the cumulative period were ¥49 million, down substantially from ¥8,279 million in the same period of the previous year. This does not indicate that foreign exchange risk has been eliminated. - FY2017RestatedAnnual report
「The company recorded a non-operating foreign exchange loss of ¥11,211 million.」
Foreign exchange losses declined from ¥21,911 million in the previous fiscal year but continued to be incurred as a factor behind the ordinary loss. - FY2017-Q3RestatedAnnual report
「Ordinary loss was ¥9,050 million, due in part to a foreign exchange loss of ¥7,654 million recorded below operating income, compared with ordinary income of ¥9,886 million in the cumulative third quarter of the previous year.」
Foreign exchange losses were also incurred during the cumulative period and contributed to the ordinary loss. The impact of exchange-rate movements on performance continues. - FY2017-Q2WorsenedAnnual report
「The ordinary loss was ¥20,557 million, compared with ordinary income of ¥1,665 million in the cumulative period of the second quarter of the previous year, due mainly to an ¥8,279 million foreign exchange loss recorded outside operating income.」
The company recorded a foreign exchange loss of ¥8,279 million during the cumulative period, resulting in an ordinary loss of ¥20,557 million. The impact of currency movements on performance continued and increased. - FY2017-Q1WorsenedAnnual report
「Ordinary loss was ¥14,225 million, due in part to a foreign exchange loss of ¥6,742 million recorded below operating income.」
Foreign exchange losses of ¥6,742 million arose during the quarter, and the impact of exchange-rate fluctuations on results continued. - FY2016MaterialisedAnnual report
「In addition to a sharp shift in the USD/JPY exchange rate toward a stronger yen, the Company incurred foreign exchange losses of ¥21,911 million, including losses arising on the partial repayment of long-term debt incurred during the previous period of exceptionally strong yen appreciation.」
While the Company outlined a hedging policy using forward foreign exchange contracts and other instruments, it incurred a foreign exchange loss of ¥21,911 million during the fiscal year, resulting in an ordinary loss of ¥12,934 million.