Foreign-Exchange Risk Associated with International Expansion
First written in FY2016. 7 of 33 entries say "Mitigated", first in FY2021. Latest entry: FY2026.
Futaba moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).
The whole theme swung hardest in 2024: 14 of 32 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Foreign exchange gain of ¥407 million.」
The company swung from a foreign exchange loss of ¥44 million in the previous fiscal year to a foreign exchange gain of ¥407 million in the current fiscal year. The policy of mitigating risk through forward exchange contracts and other measures remains in place. - 2026-05-12OtherRevision of earnings forecasts
「The exchange rate from the third-quarter consolidated accounting period onward was ¥160 to the US dollar, representing a weaker yen than the company's assumption of ¥150, and the recording of substantial foreign exchange gains, among other factors, resulted in ordinary profit exceeding the previous forecast.」
The yen weakened more than assumed, resulting in substantial foreign exchange gains from the third-quarter consolidated accounting period onward. The disclosure does not indicate that foreign exchange risk had been eliminated or permanently reduced. - FY2026-H1MitigatedAnnual report
「Foreign exchange loss 416 349」
The foreign exchange loss decreased from ¥416 million in the same period of the previous year to ¥349 million in the current interim consolidated accounting period. Foreign exchange fluctuation risk itself remains. - FY2025MitigatedAnnual report
「Foreign exchange loss − 44」
A foreign exchange loss of ¥44 million was recorded, but the impact for the full year was smaller than the ¥416 million recorded in FY2025-H1. The policy of mitigating risk through forward exchange contracts and other measures remains in place. - FY2025-H1MaterialisedAnnual report
「Foreign exchange loss - 416」
The result changed from a foreign exchange gain of ¥531 million in the same period of the previous year to a foreign exchange loss of ¥416 million for the interim consolidated accounting period, with the adverse impact of foreign exchange fluctuations materializing. - FY2024-Q3Foreign exchange gain decreased year on yearAnnual report
「Foreign exchange gain 536 206」
The foreign exchange gain narrowed from ¥536 million in the same period of the previous year to ¥206 million for the nine-month period. There was no material change in foreign exchange fluctuation risk itself. - FY2024-Q2Foreign exchange gain decreased year on yearAnnual report
「Foreign exchange gain 1,085 531」
The foreign exchange gain narrowed from ¥1,085 million in the same period of the previous year to ¥531 million. There was no material change in foreign exchange fluctuation risk itself. - FY2024-Q1Decline in Foreign Exchange GainsAnnual report
「Foreign exchange gain 689 309」
The foreign exchange gain narrowed from ¥689 million in the same period of the previous year to ¥309 million in the current quarter. There was no material change in foreign exchange fluctuation risk itself. - FY2023-Q3Continued recognition of foreign exchange gainsAnnual report
「Foreign exchange gain 116 536」
The foreign exchange gain for the nine-month consolidated period was ¥536 million, up from ¥116 million in the same period of the previous year. The risk section stated that there was no material change in foreign exchange fluctuation risk itself. - FY2023-Q2Increase in foreign exchange gainsAnnual report
「Foreign exchange gain - 1,085」
Against a foreign exchange loss of ¥70 million in the same period of the previous year, the company recorded a foreign exchange gain of ¥1,085 million for the six-month consolidated period. Foreign exchange fluctuation risk itself continued, but the impact on earnings during the period was positive due to yen depreciation and other factors. - FY2023-Q1Foreign exchange gain recorded due to rapid yen depreciationAnnual report
「Foreign exchange gain - 689」
Against a foreign exchange loss of ¥122 million in the same period of the previous year, the company recorded a foreign exchange gain of ¥689 million for the three-month period. Foreign exchange fluctuation risk itself continued, but the impact on earnings during the period improved due to yen depreciation. - FY2022MitigatedAnnual report
「The ordinary loss was ¥654 million, compared with an ordinary loss of ¥2,513 million in the previous fiscal year, due to the recording of foreign exchange gains.」
The company recorded a foreign exchange gain of ¥530 million during the period, and the ordinary loss narrowed from ¥2,513 million in the previous fiscal year to ¥654 million. Foreign exchange fluctuation risk itself and mitigation measures such as forward exchange contracts continued. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gain - 116」
The result changed from a foreign exchange loss of ¥509 million in the same period of the previous year to a foreign exchange gain of ¥116 million for the nine-month period, improving the impact of foreign exchange fluctuations on earnings during the period. - FY2022-Q2MitigatedAnnual report
「Foreign exchange loss 287 70」
The foreign exchange loss narrowed from ¥287 million in the same period of the previous year to ¥70 million for the six-month consolidated period. Foreign exchange fluctuation risk itself continued, but its adverse impact during the period narrowed. - FY2022-Q1Foreign exchange losses decreased year on yearAnnual report
「Foreign exchange loss 142 122」
The foreign exchange loss narrowed from ¥142 million in the same period of the previous year to ¥122 million for the three-month period. There was no material change in foreign exchange fluctuation risk itself. - FY2021MitigatedAnnual report
「The company primarily conducts transactions denominated in US dollars, uses forward exchange contracts for some transactions, and takes measures to mitigate risk by periodically reviewing and selling foreign-currency-denominated assets.」
In addition to forward exchange contracts, the company disclosed the periodic review and sale of foreign-currency-denominated assets as risk-mitigation measures. The foreign exchange loss for the period was ¥47 million, down from ¥406 million in the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「Foreign exchange loss 326 509」
The foreign exchange loss for the nine-month consolidated period was ¥509 million, up from ¥326 million in the same period of the previous year. The impact of a stronger yen was also cited as a factor behind the decline in overseas sales. - FY2020-Q3WorsenedAnnual report
「Foreign exchange loss - 326」
The result changed from a foreign exchange gain of ¥369 million in the same period of the previous year to a foreign exchange loss of ¥326 million for the nine-month consolidated period, with the adverse impact of foreign exchange fluctuations continuing to materialize. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss - 316」
The result changed from a foreign exchange gain of ¥520 million in the same period of the previous year to a foreign exchange loss of ¥316 million for the six-month consolidated period, with the adverse impact of foreign exchange fluctuations continuing to materialize. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss - 293」
The result changed from a foreign exchange gain of ¥376 million in the same period of the previous year to a foreign exchange loss of ¥293 million in the first quarter, with the adverse impact of foreign exchange fluctuations materializing. - FY2019Recognition of foreign exchange gainsAnnual report
「Ordinary profit amounted to ¥1,460 million, up 46.4% year on year, mainly due to the recording of foreign exchange gains.」
While the hedging policy for foreign exchange fluctuation risk remained unchanged, the company recorded a foreign exchange gain of ¥405 million during the period. - FY2019-Q3Foreign exchange gains continued to increase year on yearAnnual report
「Foreign exchange gain 224 369」
Against a foreign exchange gain of ¥224 million in the same period of the previous year, the company recorded a gain of ¥369 million for the nine-month consolidated period. No material change was reported in business and other risks, and foreign exchange fluctuation risk itself continued. - FY2019-Q2Increase in foreign-exchange gainsAnnual report
「Foreign exchange gain 155 520」
The foreign exchange gain increased from ¥155 million in the same period of the previous year to ¥520 million for the six-month consolidated period. Foreign exchange fluctuation risk itself was reported as unchanged. The risk was quantified, but no adverse impact from the risk had materialized, so materialized is false. - FY2019-Q1Foreign exchange gains increasedAnnual report
「Foreign exchange gain 58 376」
The foreign exchange gain increased from ¥58 million in the same period of the previous year to ¥376 million for the three-month period. There was no material change in foreign exchange fluctuation risk itself. - FY2018RestatedAnnual report
「The company's overseas transactions are primarily denominated in US dollars, and it uses forward exchange contracts for some transactions to mitigate foreign exchange risk. However, its overseas business activities also involve many transactions denominated in local currencies in China and South Korea, its principal markets, and the company has assets denominated in foreign currencies. Rapid foreign exchange fluctuations may therefore give rise to foreign exchange risk, which could have a material impact on the group's performance.」
While continuing to mitigate risk through forward exchange contracts, the company continues to recognize foreign exchange risk associated with local-currency transactions in China and South Korea and foreign-currency-denominated assets. - FY2018-Q3Foreign exchange gains increased year on yearAnnual report
「Foreign exchange gain 115 224」
Against a foreign exchange gain of ¥115 million in the same period of the previous year, the company recorded a gain of ¥224 million for the nine-month period. There was no material change in foreign exchange fluctuation risk itself. - FY2018-Q2Increase in foreign-exchange gainsAnnual report
「Foreign exchange gain - 155」
Against a foreign exchange loss of ¥1,285 million in the same period of the previous year, the company recorded a foreign exchange gain of ¥155 million for the six-month period. There was no material change in foreign exchange fluctuation risk itself. - FY2018-Q1Foreign exchange impact changed from a loss to a gainAnnual report
「Foreign exchange gain - 58」
Against a foreign exchange loss of ¥952 million in the same period of the previous year, the company recorded a foreign exchange gain of ¥58 million in the current quarter, improving the foreign exchange impact on quarterly earnings. However, there was no material change in foreign exchange fluctuation risk itself. - FY2017RestatedAnnual report
「The company's overseas transactions are primarily denominated in US dollars, and it uses forward exchange contracts for some transactions to mitigate foreign exchange risk. However, its overseas business activities also involve many transactions denominated in local currencies in China and South Korea, its principal markets, and the company has assets denominated in foreign currencies. Rapid foreign exchange fluctuations may therefore give rise to foreign exchange risk, which could have a material impact on the group's performance.」
While continuing to mitigate risk through forward exchange contracts, the company continues to recognize foreign exchange risk associated with local-currency transactions in China and South Korea and foreign-currency-denominated assets. - FY2017-Q3RestatedAnnual report
「There are many points requiring attention, including the economic policies of the new US president and developments in European and Asian countries. As the outlook for foreign exchange markets also remains uncertain, concerns about downside risks to the economy continue.」
The company recorded a foreign exchange gain of ¥115 million for the nine-month period, but uncertainty over the outlook for foreign exchange markets and concerns about an economic downturn continued. - FY2017-Q2WorsenedAnnual report
「In terms of earnings, the operating loss was ¥96 million (operating profit of ¥654 million in the same period of the previous year), the ordinary loss was ¥1,155 million (ordinary profit of ¥976 million in the same period of the previous year), and the quarterly net loss attributable to owners of the parent was ¥1,835 million (quarterly net profit attributable to owners of the parent of ¥190 million in the same period of the previous year).」
During the six-month period of the current fiscal year, the consolidated foreign exchange loss was ¥1,285 million, and operating income, ordinary income and net income attributable to owners of the parent all deteriorated from profits to losses compared with the same period of the previous year. - FY2017-Q1WorsenedAnnual report
「In terms of earnings, the operating loss was ¥249 million (operating profit of ¥57 million in the same period of the previous year), the ordinary loss was ¥986 million due to the impact of foreign exchange losses (ordinary profit of ¥508 million in the same period of the previous year), and the quarterly net loss attributable to owners of the parent was ¥1,362 million (quarterly net profit attributable to owners of the parent of ¥99 million in the same period of the previous year).」
The ordinary result deteriorated from a profit in the same period of the previous year to a loss of ¥986 million due to the impact of a ¥952 million foreign exchange loss. - FY2016First statedAnnual report
「However, rapid foreign exchange fluctuations may give rise to foreign exchange risk, which could have a material impact on the performance and financial position of the group. Ordinary profit amounted to ¥1,140 million, down 73.7% year on year, mainly due to the recording of foreign exchange losses.」
While disclosing its hedging policy using forward exchange contracts and other measures, the company recorded a foreign exchange loss of ¥845 million during the period.