Foreign sales and foreign exchange fluctuation risk arising from currency translation
First written in FY2016. 4 of 36 entries say "Worsened", first in FY2020-Q2. Latest entry: FY2027-H1.
Daishinku Corp. 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 2025: 6 of 13 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2027-H1Yen depreciation, foreign exchange gains and changes to assumed exchange ratesAnnual report
「There are no changes to the consolidated earnings outlook for the fiscal year ending March 2027, but the assumed exchange rate for the second half has changed from ¥150/USD to ¥158/USD.」
The earnings outlook for the fiscal year ending March 2027 was maintained, while the assumed exchange rate for the second half changed from ¥150/USD to ¥158/USD. During the interim period, the impact of the yen's depreciation and ¥138 million in foreign exchange gains contributed to ordinary profit. - 2026-08-10OtherOccurring Fact
「為替相場の変動により、当第1四半期連結累計期間（2026年4月1日～2026年6月30日）におきまして、為替差益176百万円を営業外収益に計上いたしました。」
為替相場の変動による影響が、2027年3月期第1四半期の為替差益として具体的に計上された。 - FY2026Foreign sales ratio of 87.1%; foreign exchange gain recognizedAnnual report
「Overseas sales accounted for 87.1% of consolidated net sales in the fiscal year ended March 2026. … The company recorded a foreign exchange gain of ¥235 million in non-operating income.」
The overseas sales ratio was 87.1%, and the company recorded a foreign exchange gain of ¥235 million. The impact of foreign exchange movements continued. - FY2026-H1Impact of the stronger Taiwan dollar on the Taiwanese subsidiaryAnnual report
「The Taiwan dollar surged against the US dollar, among other factors, but net sales rose 0.8% year on year to ¥19,591 million, due in part to steady performance in the automotive sector. On the earnings side, the decline in profit at the Taiwanese subsidiary, mainly due to the aforementioned foreign exchange impact, had a significant effect, and operating income fell 59.5% year on year to ¥179 million. In addition, the company recorded a foreign exchange loss of ¥221 million in non-operating expenses, resulting in an ordinary loss of ¥91 million (ordinary loss of ¥550 million in the same period of the previous year).」
The Taiwan dollar's surge against the US dollar contributed to the decline in profit at the Taiwanese subsidiary, and the group recorded a foreign exchange loss of ¥221 million. The loss decreased from the ¥865 million foreign exchange loss in the same period of the previous year, but the impact of foreign exchange movements continued. - FY2025-H1WorsenedAnnual report
「The company recorded a foreign exchange loss of ¥865 million in non-operating expenses, resulting in an ordinary loss of ¥78 million (ordinary income of ¥1,977 million in the same period of the previous year).」
The company recorded a foreign exchange loss of ¥865 million in the six-month consolidated accounting period, compared with a foreign exchange gain of ¥1,119 million in the same period of the previous year. The impact of foreign exchange movements on ordinary income and loss deteriorated. - FY2024-Q3Lower foreign exchange gainsAnnual report
「The company recorded a foreign exchange gain of ¥490 million in non-operating income and a gain on the sale of investment securities of ¥894 million in extraordinary income, but ordinary income was ¥1,860 million (down 57.9% year on year).」
The foreign exchange gain decreased from ¥801 million in the same period of the previous year to ¥490 million, and foreign exchange movements continued to affect ordinary income and loss. - FY2024-Q2Lower foreign exchange gainsAnnual report
「The company recorded a foreign exchange gain of ¥1,119 million in non-operating income and a gain on the sale of investment securities of ¥887 million in extraordinary income, but ordinary income was ¥1,977 million (down 58.4% year on year).」
The foreign exchange gain decreased from ¥1,870 million in the same period of the previous year to ¥1,119 million, but foreign exchange movements continued to affect ordinary income and loss. - FY2024-Q1Lower foreign exchange gainsAnnual report
「The company recorded a foreign exchange gain of ¥652 million in non-operating income, resulting in ordinary income of ¥1,052 million (down 65.2% year on year).」
The foreign exchange gain decreased from ¥1,302 million in the same period of the previous year to ¥652 million. Foreign exchange movements continued to affect ordinary income and loss. - FY2023Lower overseas sales ratio; lower foreign exchange gainAnnual report
「Overseas sales accounted for 84.6% of consolidated net sales in the fiscal year ended March 2023. … The company recorded a foreign exchange gain of ¥809 million in non-operating income.」
The overseas sales ratio decreased from 85.0% in the previous fiscal year to 84.6%, while the foreign exchange gain decreased from ¥1,317 million to ¥809 million. Foreign exchange movements continued to affect ordinary income and loss. - FY2023-Q3Increase in foreign-exchange gainsAnnual report
「The company recorded a foreign exchange gain of ¥801 million in non-operating income, resulting in ordinary income of ¥4,413 million (down 8.2% year on year).」
The foreign exchange gain increased from ¥559 million in the same period of the previous year to ¥801 million, and foreign exchange movements continued to affect ordinary income and loss. - FY2023-Q2Significant Increase in Foreign-Exchange GainAnnual report
「The company recorded a foreign exchange gain of ¥1,870 million in non-operating income, resulting in ordinary income of ¥4,751 million (up 56.2% year on year).」
The foreign exchange gain increased from ¥205 million in the same period of the previous year to ¥1,870 million, and foreign exchange movements had a significant impact on ordinary income and loss. - FY2023-Q1Significant Increase in Foreign-Exchange GainAnnual report
「The company recorded a foreign exchange gain of ¥1,302 million in non-operating income, resulting in ordinary income of ¥3,019 million (up 144.5% year on year).」
The foreign exchange gain increased from ¥63 million in the same period of the previous year to ¥1,302 million in the current quarter. Foreign exchange movements continued to have a significant impact on ordinary income and loss. - FY2022Higher foreign exchange gain; lower overseas sales ratioAnnual report
「Overseas sales accounted for 85.0% of consolidated net sales in the fiscal year ended March 2022. … The company has sought to hedge risk by reducing the difference between receivables and payables and using forward exchange contracts and other measures.」
The overseas sales ratio decreased from 87.5% to 85.0%, while the company recorded a foreign exchange gain of ¥1,317 million for the year. The hedging policy using forward exchange contracts and other measures also continued. - FY2022-Q3Increase in foreign-exchange gainsAnnual report
「The company recorded a foreign exchange gain of ¥559 million in non-operating income, resulting in ordinary income of ¥4,809 million (up 326.4% year on year).」
The company recorded a foreign exchange gain of ¥559 million in the cumulative third quarter of the current fiscal year, compared with a foreign exchange loss of ¥48 million in the same period of the previous year and a foreign exchange gain of ¥205 million in the second quarter of the current fiscal year. Foreign exchange movements continued to affect ordinary income and loss. - FY2022-Q2Shift from foreign exchange losses to gainsAnnual report
「The company recorded a foreign exchange gain of ¥205 million in non-operating income, resulting in ordinary income of ¥3,042 million (up 602.4% year on year).」
The company recorded a foreign exchange gain of ¥205 million in the current quarter, compared with a foreign exchange loss of ¥75 million in the same period of the previous year. Foreign exchange movements continued to affect ordinary income and loss. - FY2022-Q1Shift from foreign exchange losses to gainsAnnual report
「The company recorded a foreign exchange gain of ¥63 million in non-operating income, resulting in ordinary income of ¥1,234 million (ordinary income of ¥0 million in the same period of the previous year).」
The company recorded a foreign exchange gain of ¥63 million in the current quarter, compared with a foreign exchange loss of ¥108 million in the same period of the previous year. Foreign exchange movements continued to affect ordinary income and loss. - FY2021Higher overseas sales ratio; foreign exchange gain recordedAnnual report
「Overseas sales accounted for 87.5% of consolidated net sales in the fiscal year ended March 2021. … The company has sought to hedge risk by reducing the difference between receivables and payables and using forward exchange contracts and other measures.」
The overseas sales ratio rose from 85.5% to 87.5%. The company recorded a foreign exchange gain of ¥399 million and continued its hedging policy of reducing the difference between receivables and payables and using forward exchange contracts. - FY2021-Q3MitigatedAnnual report
「The company recorded a foreign exchange loss of ¥48 million and other items in non-operating expenses, resulting in ordinary income of ¥1,127 million (ordinary loss of ¥302 million in the same period of the previous year).」
The foreign exchange loss decreased from ¥217 million in the same period of the previous year to ¥48 million, reducing the negative impact of foreign exchange movements on ordinary income and loss. However, the foreign exchange loss itself continued. - FY2021-Q2MitigatedAnnual report
「The company recorded a foreign exchange loss of ¥75 million and other items in non-operating expenses, resulting in ordinary income of ¥433 million (ordinary loss of ¥452 million in the same period of the previous year).」
The foreign exchange loss decreased from ¥262 million in the same period of the previous year to ¥75 million, reducing the negative impact of foreign exchange movements on ordinary income and loss. However, the foreign exchange loss itself continued. - FY2021-Q1Decline in foreign-exchange lossesAnnual report
「The company recorded a foreign exchange loss of ¥108 million and other items in non-operating expenses, resulting in ordinary income of ¥0 million (ordinary loss of ¥336 million in the same period of the previous year).」
The foreign exchange loss decreased from ¥177 million in the same period of the previous year to ¥108 million, but the company continued to record losses from foreign exchange movements. - FY2020WorsenedAnnual report
「Overseas sales accounted for 85.5% of consolidated net sales in the fiscal year ended March 2020.」
The overseas sales ratio was 85.5%, and the company recorded a foreign exchange loss of ¥215.846 million. The company also disclosed risk hedging through forward exchange contracts and other measures. - FY2020-Q3WorsenedAnnual report
「The company recorded a foreign exchange loss of ¥217 million and other items in non-operating expenses, resulting in an ordinary loss of ¥302 million (ordinary income of ¥331 million in the same period of the previous year).」
The company recorded a foreign exchange loss of ¥217 million in the current quarter, compared with a foreign exchange gain of ¥101 million in the same period of the previous year. The loss decreased from the ¥262 million foreign exchange loss in the previous quarter, but the impact of foreign exchange movements deteriorated year on year. - FY2020-Q2WorsenedAnnual report
「The company recorded a foreign exchange loss of ¥262 million and other items in non-operating expenses, resulting in an ordinary loss of ¥452 million (ordinary income of ¥585 million in the same period of the previous year).」
The company recorded a foreign exchange loss of ¥262 million, compared with a foreign exchange gain of ¥248 million in the same period of the previous year, and foreign exchange movements weighed on ordinary income and loss. - FY2020-Q1Foreign exchange gains reversed to foreign exchange lossesAnnual report
「The company recorded a foreign exchange loss of ¥177 million and other items in non-operating expenses, resulting in an ordinary loss of ¥336 million (ordinary income of ¥412 million in the same period of the previous year).」
The company recorded a foreign exchange loss of ¥177 million in the current quarter, compared with a foreign exchange gain of ¥181 million in the same period of the previous year, affecting ordinary income and loss. - FY2019Shift from foreign exchange losses to gains; higher overseas sales ratioAnnual report
「Overseas sales accounted for 81.8% of consolidated net sales in the fiscal year ended March 2019. … Foreign exchange gains: 124,703」
The overseas sales ratio rose to 81.8% from 80.9% in the previous fiscal year. The company recorded a foreign exchange gain of ¥124.7 million for the year, compared with a foreign exchange loss of ¥127 million in the previous year. - FY2019-Q3Decrease in Foreign-Exchange GainAnnual report
「A foreign exchange gain of ¥101 million and insurance proceeds of ¥193 million were recognized in non-operating income, resulting in ordinary profit of ¥331 million, down 59.7% from the same period of the previous year.」
A foreign exchange gain of ¥101 million was recognized, down from ¥158 million in the same period of the previous year and ¥248 million in the second quarter of the current fiscal year. Foreign exchange fluctuations continue to affect ordinary income. - FY2019-Q2Continued increase in foreign exchange gainsAnnual report
「A foreign exchange gain of ¥248 million was recognized in non-operating income, resulting in ordinary profit of ¥585 million, down 22.3% from the same period of the previous year.」
The foreign exchange gain was ¥248 million, up from ¥146 million in the same period of the previous year and ¥181 million in the first quarter of the current fiscal year. Foreign exchange fluctuations continue to affect ordinary income. - FY2019-Q1Increase in foreign-exchange gainsAnnual report
「A foreign exchange gain of ¥181 million was recognized in non-operating income, resulting in ordinary profit of ¥412 million, down 11.1% from the same period of the previous year.」
The foreign exchange gain increased from ¥45 million in the same period of the previous year to ¥181 million in the current quarter. Foreign exchange fluctuations continue to affect ordinary income. - FY2018Reversed from a foreign exchange gain to a foreign exchange loss; foreign sales ratio declinedAnnual report
「Foreign sales accounted for 80.9% of consolidated revenue in the fiscal year ended March 2018. Foreign exchange loss ¥127.021 million」
The foreign sales ratio was 80.9%, down from 85.8% in the previous disclosure. The company shifted from the foreign exchange gain trend seen in the same period of the previous year and recognized a foreign exchange loss of ¥127 million during the period. - FY2018-Q3Continued foreign-exchange gainsAnnual report
「In addition, as a result of recognizing a foreign exchange gain of ¥158 million in non-operating income, ordinary profit was ¥821 million, down 3.8% from the same period of the previous year.」
A foreign exchange gain of ¥158 million was recognized, and foreign exchange fluctuations affected ordinary income for the second consecutive period. - FY2018-Q2Continued foreign-exchange gainsAnnual report
「As a result of recognizing a foreign exchange gain of ¥146 million in non-operating income, ordinary profit was ¥753 million, compared with ordinary loss of ¥328 million in the same period of the previous year.」
Unlike the foreign exchange loss in the same period of the previous year, the company recognized a foreign exchange gain of ¥146 million in the current quarter, which contributed to ordinary profit. - FY2018-Q1Shift from Foreign-Exchange Losses to GainsAnnual report
「A foreign exchange gain of ¥45 million was recognized in non-operating income, resulting in ordinary profit of ¥463 million, compared with ordinary loss of ¥378 million in the same period of the previous year.」
Unlike the foreign exchange loss caused by the stronger yen and weaker dollar in the same period of the previous year, the company recognized a foreign exchange gain of ¥45 million in the current quarter. The impact of foreign exchange fluctuations itself was reflected in actual results. - FY2017-Q3MaterialisedAnnual report
「Due in part to foreign exchange effects, revenue for the cumulative consolidated first 3 quarters was ¥23,460 million, down 6.0% from the same period of the previous year. Foreign exchange loss ¥33.728 million」
The impact of foreign exchange was cited as a factor behind the decline in revenue, and a foreign exchange loss of ¥33.728 million was recognized in non-operating expenses. - FY2017-Q2MaterialisedAnnual report
「As a result of recognizing a foreign exchange loss of ¥829 million due to the stronger yen and weaker dollar, ordinary loss was ¥328 million, compared with ordinary profit of ¥96 million in the same period of the previous year.」
The impact of the stronger yen and weaker dollar resulted in a foreign exchange loss of ¥829 million, putting downward pressure on ordinary income. - FY2017-Q1MaterialisedAnnual report
「As a result of recognizing a foreign exchange loss of ¥621 million due to the stronger yen and weaker dollar, ordinary loss was ¥378 million, compared with ordinary profit of ¥121 million in the same period of the previous year.」
The sharp strengthening of the yen against the dollar actually resulted in a foreign exchange loss of ¥621 million, affecting ordinary income. - FY2016First statedAnnual report
「Foreign sales accounted for 85.8% of consolidated revenue in the fiscal year ended March 2016.」
The company disclosed a foreign sales ratio of 85.8% and indicated that foreign exchange fluctuations could affect foreign-currency-denominated assets, liabilities, revenue and expenses, as well as the yen-converted amounts of overseas subsidiaries. During the period, it recognized a foreign exchange loss of ¥536 million in non-operating expenses.