Impact of Foreign Exchange Fluctuations on Overseas Business and Export Transactions
First written in FY2016. 17 of 26 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 73 of 159 companies on the "Worse" side.
- FY2026-H1MaterialisedAnnual report
「Although foreign exchange gains were recognized in the current interim consolidated accounting period, compared with foreign exchange losses in the same period of the previous year, ordinary profit decreased 15.9% year on year to ¥440 million due to the decline in operating profit and other factors.」
The result changed from foreign exchange losses in the same period of the previous year to foreign exchange gains in the current interim period, and the impact of exchange rate movements actually appeared in non-operating income and expenses. - FY2025MaterialisedAnnual report
「Ordinary profit increased 21.2% from the previous fiscal year to ¥952 million, as higher operating profit more than offset the recognition of foreign exchange losses and the decline in equity-method investment income.」
Foreign exchange losses of ¥3 million were recognized, and the impact of exchange rate movements actually appeared in non-operating income and expenses for the fiscal year. - FY2025-H1MaterialisedAnnual report
「Although non-operating income and expenses deteriorated due to a decline in equity-method investment income from affiliates and the recognition of foreign exchange losses resulting from the appreciation of the yen, ordinary profit increased 14.3% year on year to ¥523 million due to higher operating profit.」
Foreign exchange losses resulting from the appreciation of the yen were actually recognized and became a factor behind the deterioration in non-operating income and expenses. Foreign exchange losses for the interim period were ¥18 million. - FY2024MaterialisedAnnual report
「In terms of profit and loss, the weaker yen increased revenue at overseas consolidated subsidiaries. Ordinary profit decreased 36.0% from the previous fiscal year to ¥786 million, despite the recognition of foreign exchange gains, mainly because operating profit declined.」
The weaker yen appeared in actual results as higher revenue at overseas consolidated subsidiaries and foreign exchange gains, but these were not enough to offset the decline in operating profit. - FY2024-Q3MaterialisedAnnual report
「Although the weaker yen had a positive effect on revenue, operating profit decreased 56.0% year on year to ¥383 million due to a substantial decline in net sales, higher personnel expenses associated with the wage increases implemented during the period, higher prices for auxiliary materials such as hydrogen, and higher depreciation resulting from equipment upgrades to improve productivity.」
While the weaker yen increased revenue from overseas operations and export transactions, the exchange rate effect alone could not offset the decline in net sales and other factors. - FY2024-Q2MaterialisedAnnual report
「Although the performance of overseas consolidated subsidiaries remained strong, partly due to the weaker yen,」
The weaker yen appeared in actual results as a boost to the performance of overseas consolidated subsidiaries. - FY2024-Q1MaterialisedAnnual report
「Foreign exchange gains 33 28」
Foreign exchange gains for the cumulative first quarter amounted to ¥28 million, and the ¥33 million recorded in the same period of the previous year also disclosed the actual impact of exchange rate movements on profit and loss. - FY2023-Q2MaterialisedAnnual report
「The outlook for the economy remains uncertain due to concerns about financial markets arising from sharp foreign exchange fluctuations. Ordinary profit increased 22.2% year on year to ¥756 million, due to higher operating profit and the recognition of foreign exchange gains resulting from the depreciation of the yen.」
While concerns about sharp foreign exchange fluctuations persist, foreign exchange gains resulting from the weaker yen were recognized during the quarter, and the impact of exchange rate movements appeared in actual earnings. - FY2023-Q1WorsenedAnnual report
「Concerns over financial markets due to sharp foreign exchange fluctuations」
In addition to the conventional impact on overseas operations and export transactions, concerns about financial markets arising from sharp fluctuations have been explicitly identified, making the risk factors more specific. - FY2021MitigatedAnnual report
「To address the risks described above, the Group is working to reduce risk through yen-denominated transactions to reduce foreign exchange sensitivity and by managing the amount requiring conversion into yen based on the balances of foreign-currency-denominated receivables and payables.」
As measures to address foreign exchange risk, the company specified yen-denominated transactions and management of the amount requiring conversion into yen for foreign-currency-denominated receivables and payables. - FY2021-Q3MitigatedAnnual report
「Foreign exchange loss 8 7」
The foreign exchange loss for the cumulative third quarter of the consolidated fiscal year was ¥7 million, down from ¥8 million in the cumulative third quarter of the previous year. - FY2021-Q2MitigatedAnnual report
「Foreign exchange loss 15 5」
The foreign exchange loss for the cumulative second quarter of the consolidated fiscal year was ¥5 million, down from ¥15 million in the cumulative second quarter of the previous year. - FY2021-Q1MitigatedAnnual report
「Although non-operating expenses declined due to lower foreign exchange losses, the substantial decline in operating profit resulted in profit of ¥114 million, down 44.0% year on year.」
Foreign exchange losses declined from the previous year, reducing the adverse impact of foreign exchange fluctuations on non-operating expenses compared with the previous period. - FY2020MaterialisedAnnual report
「Foreign exchange loss 15」
A foreign exchange loss of ¥15 million was recorded in non-operating expenses for the current consolidated fiscal year, indicating that foreign exchange fluctuations affected profit and loss. - FY2020-Q3MaterialisedAnnual report
「Foreign exchange loss 8」
A foreign exchange loss of ¥8 million was recorded in non-operating expenses for the cumulative third quarter period, indicating that foreign exchange fluctuations affected profit and loss. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss 15」
A foreign exchange loss of ¥15 million was recorded in non-operating expenses for the cumulative second quarter period, indicating that foreign exchange fluctuations actually affected profit and loss. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 11」
A foreign exchange loss of ¥11 million was recorded in non-operating expenses for the first quarter, indicating that foreign exchange fluctuations affected profit and loss. - FY2019-Q3MaterialisedAnnual report
「Although non-operating expenses increased mainly due to planned repairs to rental properties and the impact of foreign exchange rates, the increase in operating profit resulted in profit of ¥1,039 million, up 28.0% year on year.」
The company states that non-operating expenses increased due to the impact of foreign exchange rates and other factors, indicating that foreign exchange fluctuations actually affected profit and loss for the quarter. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes concerning the impact of foreign exchange fluctuations on overseas operations and export transactions. - FY2018-Q3MitigatedAnnual report
「Ordinary profit rose 103.3% year on year to ¥812 million, partly because no foreign exchange loss recognized in the previous period was incurred.」
No foreign exchange loss recognized in the previous period was incurred, reducing the adverse impact of foreign exchange fluctuations on ordinary profit compared with the previous period. - FY2018-Q1MitigatedAnnual report
「Ordinary profit rose 80.7% year on year to ¥188 million, mainly because no foreign exchange losses were incurred.」
The company states that no foreign exchange loss was incurred during the quarter, reducing the adverse impact of foreign exchange fluctuations on ordinary profit compared with the previous period. - FY2017MaterialisedAnnual report
「However, in addition to the review of the equipment business in China and the impact of foreign exchange rates, some major products were affected by market contraction, resulting in lower sales. As a result, Group sales fell 8.1% year on year to ¥10,124 million.」
The impact of foreign exchange rates, together with market contraction and other factors, was cited as a reason for the 8.1% annual decline in net sales, indicating that foreign exchange risk materialized in actual results. - FY2017-Q3MaterialisedAnnual report
「Against this backdrop, the Group worked to expand sales of priority products and develop new materials and identify new demand by leveraging its strengths to improve functionality. However, due to the impact of foreign exchange rates and the contraction of the market for existing products, net sales fell 13.0% year on year to ¥7,284 million.」
Foreign exchange rates and the contraction of the market for existing products were cited as factors behind the 13.0% decline in net sales, with the impact of foreign exchange on overseas operations and export transactions materializing in actual results. - FY2017-Q2MaterialisedAnnual report
「Ordinary profit fell 40.3% year on year to ¥192 million, mainly due to the recognition of foreign exchange losses.」
The appreciation of the yen and foreign exchange losses continued to emerge as factors behind the decline in ordinary profit. - FY2017-Q1MaterialisedAnnual report
「The economic environment during the first quarter of the current consolidated fiscal year remained uncertain due to falling share prices and the rapid appreciation of the yen, among other factors. Ordinary profit fell 58.0% year on year to ¥104 million, mainly due to the recognition of foreign exchange losses.」
The company states that the yen's appreciation and foreign exchange losses actually affected ordinary profit for the quarter. - FY2016First statedAnnual report
「The Group's overseas business activities and export transactions with overseas markets are affected by fluctuations in foreign exchange rates.」
Foreign exchange effects on the yen value of overseas operations and export transactions, as well as on operating results and financial condition, are identified as risks.