Foreign-exchange risk arising from reliance on overseas sales
First written in FY2016. 7 of 39 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-10-30.
Tdk moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 30 of 66 companies on the "Worse" side.
22 other companies' latest entry also says "Other".
- FY2026Full-year impact of yen appreciation updatedAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥2.5 billion decline in revenue and an approximately ¥10.6 billion decline in operating profit.」
Unlike the increase in revenue and operating profit resulting from the weaker yen in the previous year, foreign exchange movements, including the stronger yen, resulted in an approximately ¥2.5 billion decline in revenue and an approximately ¥10.6 billion decline in operating profit in the current fiscal year. The overseas revenue ratio was 92.7%. - FY2026-H1Updated the interim-period impact of the stronger yenAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥41.7 billion decline in revenue and an approximately ¥9.2 billion decline in operating profit.」
Unlike the increase in revenue and operating profit resulting from the weaker yen in the interim period of the previous year, foreign exchange movements, including the stronger yen, resulted in an approximately ¥41.7 billion decline in revenue and an approximately ¥9.2 billion decline in operating profit in the current interim period. - FY2025Full-year foreign-exchange impact updatedAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥95.7 billion increase in revenue and an approximately ¥19.7 billion increase in operating profit.」
The full-year impact of foreign exchange movements, including the weaker yen, was an approximately ¥95.7 billion increase in revenue and an approximately ¥19.7 billion increase in operating profit. The overseas revenue ratio was 92.1%. - FY2025-H1Updated the foreign-exchange impact for the interim periodAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥71.4 billion increase in revenue and an approximately ¥13.6 billion increase in operating profit.」
Foreign exchange movements, including the weaker yen, resulted in an approximately ¥71.4 billion increase in revenue and an approximately ¥13.6 billion increase in operating profit for the interim period. - FY2024Updated the full-year impact of the weaker yen on revenue and operating profitAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥101.1 billion increase in revenue and an approximately ¥25.0 billion increase in operating profit.」
The full-year impact of foreign exchange movements, including the weaker yen, was an approximately ¥101.1 billion increase in revenue and an approximately ¥25.0 billion increase in operating profit. - FY2024-Q3Updated the nine-month cumulative impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the nine months ended the third quarter were ¥143.21 and ¥155.22, respectively, representing yen depreciation of 4.9% against the US dollar and 10.4% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥58.0 billion increase in revenue and an approximately ¥17.2 billion increase in operating profit.」
The weaker yen resulted in an approximately ¥58.0 billion increase in revenue and an approximately ¥17.2 billion increase in operating profit for the nine months ended the third quarter. The impact decreased from the approximately ¥251.4 billion increase in revenue and approximately ¥60.9 billion increase in operating profit in the same period of the previous year. - FY2024-Q2Updated the six-month cumulative impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the six months ended the second quarter were ¥140.83 and ¥153.30, respectively, representing yen depreciation of 5.3% against the US dollar and 10.6% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥35.5 billion increase in revenue and an approximately ¥13.4 billion increase in operating profit.」
The weaker yen resulted in an approximately ¥35.5 billion increase in revenue and an approximately ¥13.4 billion increase in operating profit for the six months ended the second quarter. - FY2024-Q1Updated the first-quarter impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the first quarter were ¥137.18 and ¥149.37, respectively, representing yen depreciation of 6.0% against the US dollar and 8.3% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥18.1 billion increase in revenue and an approximately ¥6.5 billion increase in operating profit.」
The weaker yen resulted in an approximately ¥18.1 billion increase in revenue and an approximately ¥6.5 billion increase in operating profit for the six months ended the first quarter. - FY2023Updated the full-year impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro for the fiscal year were ¥135.46 and ¥140.89, respectively, representing yen depreciation of 20.6% against the US dollar and 7.9% against the euro compared with the previous fiscal year. Including these factors, overall foreign exchange movements resulted in an approximately ¥292.2 billion increase in revenue and an approximately ¥68.9 billion increase in operating profit.」
The impact of the weaker yen was an approximately ¥292.2 billion increase in revenue and an approximately ¥68.9 billion increase in operating profit for the full fiscal year. The overseas revenue ratio was 91.9%, indicating that the company remains structurally dependent on overseas operations. - FY2023-Q3Updated the nine-month cumulative impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the nine months ended the third quarter were ¥136.46 and ¥140.54, respectively, representing yen depreciation of 22.8% against the US dollar and 7.6% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥251.4 billion increase in revenue and an approximately ¥60.9 billion increase in operating profit.」
The weaker yen resulted in an approximately ¥251.4 billion increase in revenue and an approximately ¥60.9 billion increase in operating profit for the nine months ended the third quarter. - FY2023-Q2Updated the six-month cumulative impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the six months ended the second quarter were ¥133.80 and ¥138.67, respectively, representing yen depreciation of 21.9% against the US dollar and 6.0% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥164.1 billion increase in revenue and an approximately ¥36.9 billion increase in operating profit.」
The rapid depreciation of the yen resulted in an approximately ¥164.1 billion increase in revenue and an approximately ¥36.9 billion increase in operating profit for the six months ended the second quarter. - FY2023-Q1Updated the first-quarter impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the first quarter were ¥129.36 and ¥137.95, respectively, representing yen depreciation of 18.1% against the US dollar and 4.6% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥63.7 billion increase in revenue and an approximately ¥12.6 billion increase in operating profit.」
The rapid depreciation of the yen resulted in an approximately ¥63.7 billion increase in revenue and an approximately ¥12.6 billion increase in operating profit in the first quarter. - FY2022Updated the full-year impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro for the fiscal year were ¥112.33 and ¥130.53, respectively, representing yen depreciation of 5.9% against the US dollar and 5.5% against the euro compared with the previous fiscal year. Including these factors, overall foreign exchange movements resulted in an approximately ¥125.7 billion increase in revenue and an approximately ¥6.9 billion increase in operating profit.」
The figures were updated from the nine-month results to the full-year results, and the impact of the weaker yen on revenue and operating profit increased. The overseas revenue ratio was 92.2%. - FY2022-Q3Updated the nine-month cumulative impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the nine months ended the third quarter were ¥111.09 and ¥130.59, respectively, representing yen depreciation of 4.7% against the US dollar and 6.7% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥85.3 billion increase in revenue and an approximately ¥3.5 billion increase in operating profit.」
The weaker yen resulted in an approximately ¥85.3 billion increase in revenue and an approximately ¥3.5 billion increase in operating profit for the nine months ended the third quarter, with the impact increasing from the approximately ¥45.4 billion increase in revenue and approximately ¥1.8 billion increase in operating profit for the six months ended the second quarter. - FY2022-Q2Updated the second-quarter cumulative impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the six months ended the second quarter were ¥109.79 and ¥130.86, respectively, representing yen depreciation of 2.7% against the US dollar and 7.9% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥45.4 billion increase in revenue and an approximately ¥1.8 billion decline in operating profit.」
The weaker yen resulted in an approximately ¥45.4 billion increase in revenue, while foreign exchange movements had an approximately ¥1.8 billion negative impact on operating profit. - FY2022-Q1Updated the first-quarter impact of the weaker yen on revenue and operating profitAnnual report
「The average exchange rates against the US dollar and euro during the first quarter were ¥109.50 and ¥131.90, respectively, representing yen depreciation of 1.8% against the US dollar and 11.4% against the euro compared with the same period of the previous year. Including these factors, overall foreign exchange movements resulted in an approximately ¥21.4 billion increase in revenue and an approximately ¥1.7 billion decline in operating profit.」
The weaker yen resulted in an approximately ¥21.4 billion increase in revenue, while foreign exchange movements had an approximately ¥1.7 billion negative impact on operating profit. The foreign exchange impact associated with reliance on overseas revenue was updated based on the first-quarter results. - FY2021WorsenedAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥21.7 billion decline in revenue and an approximately ¥8.1 billion decline in operating profit.」
For the full fiscal year, the impact of foreign exchange movements was an approximately ¥21.7 billion decline in revenue and an approximately ¥8.1 billion decline in operating profit, with the negative impact on operating profit increasing from the nine-month period. - FY2021-Q3WorsenedAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥20.9 billion decline in revenue and an approximately ¥4.6 billion decline in operating profit.」
For the nine months ended the third quarter, the impact of foreign exchange movements was an approximately ¥20.9 billion decline in revenue and an approximately ¥4.6 billion decline in operating profit, with the impact increasing from the approximately ¥13.9 billion decline in revenue and approximately ¥0.3 billion decline in operating profit for the six months ended the second quarter. - FY2021-Q2Updated the second-quarter impact of foreign exchange movementsAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥13.9 billion decline in revenue and an approximately ¥0.3 billion decline in operating profit.」
For the six months ended the second quarter, foreign exchange movements, including the stronger yen, resulted in an approximately ¥13.9 billion decline in revenue and an approximately ¥0.3 billion decline in operating profit. - FY2021-Q1First-quarter foreign-exchange impact updatedAnnual report
「Including these factors, overall foreign exchange movements resulted in an approximately ¥11.3 billion decline in revenue and an approximately ¥1.3 billion increase in operating profit.」
Foreign exchange movements, including the stronger yen, resulted in an approximately ¥11.3 billion decline in revenue and an approximately ¥1.3 billion increase in operating profit in the first quarter. - FY2020WorsenedAnnual report
「During the current consolidated fiscal year, the average exchange rates for the U.S. dollar and euro were ¥108.82 and ¥120.92, respectively, representing yen appreciation of 1.9% against the U.S. dollar and 5.9% against the euro from the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥40.7 billion decrease in sales and an approximately ¥3.1 billion decrease in operating profit.」
The impact of the stronger yen became apparent over the full fiscal year as an approximately ¥40.7 billion decline in revenue and an approximately ¥3.1 billion decline in operating profit. - FY2020-Q3WorsenedAnnual report
「During the nine months ended the third quarter of the current consolidated fiscal year, the average exchange rates for the U.S. dollar and euro were ¥108.74 and ¥121.12, respectively, representing yen appreciation of 2.2% against the U.S. dollar and 6.5% against the euro from the same period of the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥34.5 billion decrease in sales and an approximately ¥3.5 billion decrease in operating profit.」
The impact of yen appreciation increased from the approximately ¥20.0 billion decrease in sales and approximately ¥2.0 billion decrease in operating profit for the six months ended the second quarter to an approximately ¥34.5 billion decrease in sales and an approximately ¥3.5 billion decrease in operating profit for the nine months ended the third quarter. - FY2020-Q2Second-quarter impact of yen appreciation updatedAnnual report
「During the six months ended the second quarter of the current consolidated fiscal year, the average exchange rates for the U.S. dollar and euro were ¥108.74 and ¥121.51, respectively, representing yen appreciation of 1.4% against the U.S. dollar and 6.5% against the euro from the same period of the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥20.0 billion decrease in sales and an approximately ¥2.0 billion decrease in operating profit.」
Yen appreciation resulted in an approximately ¥20.0 billion decrease in sales and an approximately ¥2.0 billion decrease in operating profit for the six months ended the second quarter. - FY2020-Q1First-quarter foreign-exchange impact updatedAnnual report
「During the three months ended the first quarter of the current consolidated fiscal year, the average exchange rates for the U.S. dollar and euro were ¥110.10 and ¥123.57, respectively, representing yen depreciation of 0.9% against the U.S. dollar and yen appreciation of 5.1% against the euro from the same period of the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥3.9 billion decrease in sales and an approximately ¥0.6 billion increase in operating profit.」
Yen depreciation against the U.S. dollar and yen appreciation against the euro had mixed effects, with exchange-rate movements resulting in an approximately ¥3.9 billion decrease in sales and an approximately ¥0.6 billion increase in operating profit. - FY2019Full-year foreign-exchange impact updatedAnnual report
「These exchange-rate movements resulted in an approximately ¥5.0 billion decrease in sales and an approximately ¥0.6 billion increase in operating profit.」
The full-year impact of exchange-rate movements was an approximately ¥5.0 billion decrease in sales and an approximately ¥0.6 billion increase in operating profit. - FY2019-Q3Third-quarter foreign-exchange impact shifted to lower sales and higher profitAnnual report
「During the nine months ended the third quarter of the current consolidated fiscal year, the average exchange rates for the U.S. dollar and euro were ¥111.17 and ¥129.55, respectively, representing yen appreciation of 0.5% against the U.S. dollar and yen depreciation of 0.9% against the euro from the same period of the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥2.8 billion decrease in sales and an approximately ¥1.2 billion increase in operating profit.」
Yen appreciation against the U.S. dollar and yen depreciation against the euro had mixed effects, with exchange-rate movements in the nine months ended the third quarter resulting in an approximately ¥2.8 billion decrease in sales and an approximately ¥1.2 billion increase in operating profit. - FY2019-Q2Second-quarter benefit to profit from foreign-exchange movementsAnnual report
「During the six months ended the second quarter of the current consolidated fiscal year, the average exchange rates for the U.S. dollar and euro were ¥110.30 and ¥129.90, respectively, representing yen appreciation of 0.7% against the U.S. dollar and yen depreciation of 3.0% against the euro from the same period of the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥2.1 billion increase in sales and an approximately ¥1.5 billion increase in operating profit.」
The impact of exchange-rate movements in the six months ended the second quarter was an approximately ¥2.1 billion increase in sales and an approximately ¥1.5 billion increase in operating profit. - FY2019-Q1First-quarter benefit to profit from foreign-exchange movementsAnnual report
「These exchange-rate movements resulted in an approximately ¥2.8 billion increase in sales and an approximately ¥1.1 billion increase in operating profit.」
Unlike the decreases in sales and operating profit caused by yen appreciation through the previous year-on-year period, foreign-exchange movements in the first quarter resulted in an approximately ¥2.8 billion increase in sales and an approximately ¥1.1 billion increase in operating profit. - FY2018Full-year benefit to profit from yen depreciationAnnual report
「These exchange-rate movements resulted in an approximately ¥35.5 billion increase in sales and an approximately ¥6.1 billion increase in operating profit.」
In contrast to the decreases in sales and operating profit caused by yen appreciation in the previous year, the current fiscal year saw a full-year positive impact from yen depreciation on sales and operating profit. Overseas sales accounted for 91.1% of total sales, so the reliance on overseas operations continued. - FY2018-Q3Cumulative benefit from yen depreciation expandedAnnual report
「These exchange-rate movements resulted in an approximately ¥41.1 billion increase in sales and an approximately ¥6.6 billion increase in operating profit.」
In contrast to the decreases in sales and operating profit caused by yen appreciation through the previous year-on-year period, yen depreciation resulted in an approximately ¥41.1 billion increase in sales and an approximately ¥6.6 billion increase in operating profit for the nine months ended the third quarter. The positive foreign-exchange impact expanded from the six months ended the second quarter. - FY2018-Q2Cumulative benefit from yen depreciation expandedAnnual report
「These exchange-rate movements resulted in an approximately ¥27.4 billion increase in sales and an approximately ¥5.0 billion increase in operating profit.」
In contrast to the decreases in sales and operating profit caused by yen appreciation through the previous year-on-year period, yen depreciation resulted in an approximately ¥27.4 billion increase in sales and an approximately ¥5.0 billion increase in operating profit for the six months ended the second quarter. The positive foreign-exchange impact expanded from the first quarter. - FY2018-Q1Foreign-exchange impact shifted to higher sales and operating profitAnnual report
「These exchange-rate movements resulted in an approximately ¥4.0 billion increase in sales and an approximately ¥1.1 billion increase in operating profit.」
In contrast to the decreases in sales and operating profit caused by yen appreciation through the previous year-on-year period, the first quarter saw an approximately ¥4.0 billion increase in sales and an approximately ¥1.1 billion increase in operating profit, mainly because of yen depreciation against the U.S. dollar. Overseas sales accounted for 90.1% of total sales, so the reliance on overseas operations continued. - FY2017WorsenedAnnual report
「Exchange-rate movements during the current consolidated fiscal year resulted in an approximately ¥129.1 billion decrease in sales and an approximately ¥26.7 billion decrease in operating profit.」
The cumulative impact of yen appreciation increased from the approximately ¥123.0 billion decrease in sales and approximately ¥25.7 billion decrease in operating profit reported for the nine months ended the third quarter. - FY2017-Q3WorsenedAnnual report
「During the nine months ended the third quarter of the current consolidated fiscal year, the average exchange rates for the U.S. dollar and euro were ¥106.67 and ¥118.15, respectively, representing yen appreciation of 12.3% against the U.S. dollar and 12.1% against the euro from the same period of the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥123.0 billion decrease in sales and an approximately ¥25.7 billion decrease in operating profit.」
The cumulative impact of yen appreciation increased to an approximately ¥123.0 billion decrease in sales and an approximately ¥25.7 billion decrease in operating profit, from the amounts reported for the six months ended the second quarter. - FY2017-Q2WorsenedAnnual report
「The average exchange rates for the U.S. dollar and euro were ¥105.41 and ¥118.36, respectively, representing yen appreciation of 13.5% against the U.S. dollar and 12.4% against the euro from the same period of the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥85.7 billion decrease in sales and an approximately ¥18.1 billion decrease in operating profit.」
The impact of yen appreciation became evident in the six months ended the second quarter as an approximately ¥85.7 billion decrease in sales and an approximately ¥18.1 billion decrease in operating profit, with the cumulative impact larger than in the previous quarter. - FY2017-Q1MaterialisedAnnual report
「During the three months ended the first quarter of the current consolidated fiscal year, the average exchange rates for the U.S. dollar and euro were ¥108.37 and ¥122.41, respectively, representing yen appreciation of 10.7% against the U.S. dollar and 8.8% against the euro from the same period of the previous consolidated fiscal year. These exchange-rate movements resulted in an approximately ¥31.9 billion decrease in sales and an approximately ¥5.9 billion decrease in operating profit.」
The impact of yen appreciation emerged in actual results as an approximately ¥31.9 billion decrease in sales and an approximately ¥5.9 billion decrease in operating profit. - FY2016First statedAnnual report
「Our group operates globally, with overseas sales accounting for more than 90% of total sales. Most transaction currencies are currencies other than the yen, such as the U.S. dollar and euro. A rapid appreciation of the yen against these currencies affects earnings through lower sales and operating profit, among other factors.」
With overseas sales accounting for more than 90% of total sales, a rapid appreciation of the yen is identified as an earnings risk.