Foreign-Exchange Risk in Foreign-Currency-Denominated Transactions
First written in FY2016. 5 of 13 entries say "Mitigated", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2025: 73 of 159 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「The Group’s principal net foreign exchange exposures are as follows: US dollar 307,385 Euro 4,890」
The US dollar-denominated foreign exchange exposure increased from ¥125,791 million in the previous year to ¥307,385 million. A 1% appreciation of the yen against the US dollar was estimated to reduce profit before tax by ¥3,074 million. - FY2025Decrease in Foreign-Exchange GainAnnual report
「Foreign exchange gain 1,858」
The foreign exchange gain in fiscal 2024 was ¥1,858 million, a substantial decrease from ¥18,238 million in the previous year. - FY2023Decrease in Foreign-Exchange GainAnnual report
「Foreign exchange gain 18,238」
In fiscal 2022, the Company recorded a foreign exchange gain of ¥18,238 million, down from ¥23,141 million in the previous year. - FY2022Increase in Foreign-Exchange GainAnnual report
「Financial income Foreign exchange gain 23,141」
In fiscal 2021, the Company recorded a foreign exchange gain of ¥23,141 million, up from the previous year’s foreign exchange gain of ¥4,972 million. - FY2021MitigatedAnnual report
「Financial income Foreign exchange gain 4,972」
In fiscal 2020, the Company recorded a foreign exchange gain of ¥4,972 million, an improvement from ¥2,000 million in the previous year. - FY2019MitigatedAnnual report
「Financial expenses consisted of interest paid of ¥6,042 million, foreign exchange losses of ¥543 million and other expenses of ¥5,165 million.」
The foreign exchange loss for the year was ¥543 million, down from ¥10,385 million in the previous year. The hedging policy involving increased foreign-currency-denominated liabilities and forward exchange contracts, among other measures, has continued. - FY2018MaterialisedAnnual report
「Foreign exchange loss ¥10,385 million」
In fiscal 2017, the consolidated statement of income included a foreign exchange loss of ¥10,385 million. Foreign exchange risk associated with foreign-currency-denominated transactions was reflected in results for the year. - FY2018-Q2MitigatedAnnual report
「Ordinary income improved by ¥43,068 million from the same quarter of the previous year, when the Company recorded a foreign exchange loss of ¥11,845 million and an equity-method investment loss of ¥20,376 million as non-operating expenses, to ¥41,214 million, due mainly to the recording of a foreign exchange gain of ¥7,037 million as non-operating income.」
The foreign exchange loss recorded in the same quarter of the previous year turned into a foreign exchange gain of ¥7,037 million in the cumulative current quarter, contributing to the improvement in ordinary income. - FY2018-Q1MitigatedAnnual report
「Ordinary income improved by ¥34,750 million from the same quarter of the previous year, when the Company recorded a foreign exchange loss of ¥14,180 million and an equity-method investment loss of ¥20,758 million as non-operating expenses, to ¥18,141 million, due mainly to the recording of a foreign exchange gain of ¥6,484 million as non-operating income.」
The foreign exchange loss recorded in the same quarter of the previous year turned into a foreign exchange gain of ¥6,484 million in the current quarter, contributing to the improvement in ordinary income. - FY2017MitigatedAnnual report
「Non-operating income and expenses improved by ¥10,757 million from the previous consolidated fiscal year to a net expense of ¥26,249 million, due mainly to improved foreign exchange gains and losses, despite a deterioration in equity-method investment gains and losses.」
Foreign exchange gains and losses improved from a foreign exchange loss in the previous year, and the hedging policy involving overseas procurement, overseas production and forward exchange contracts, among other measures, has continued. - FY2017-Q3MaterialisedAnnual report
「Operating income deteriorated by ¥72,864 million from the same quarter of the previous year to a loss of ¥28,336 million, due mainly to the effects of the stronger yen on commercial aircraft, higher costs for merchant ships and increased R&D expenses for the MRJ.」
The effects of the stronger yen continued to appear in actual results as a factor contributing to the operating loss in the Transportation and Logistics segment, including commercial aircraft. - FY2017-Q1MaterialisedAnnual report
「Operating income fell ¥33,964 million, or 57.7%, from the same quarter of the previous year to ¥24,903 million, due mainly to lower revenue and the effects of the stronger yen. Ordinary income deteriorated by ¥78,234 million year on year to a loss of ¥16,608 million, due mainly to foreign exchange losses of ¥14,180 million and equity-method investment losses of ¥20,758 million recorded as non-operating expenses.」
The effects of the stronger yen and foreign exchange losses materialized as factors worsening operating income and ordinary income in the quarter. - FY2016First statedAnnual report
「The Group’s export and overseas business transactions are conducted mainly in foreign currencies such as US dollars and euros, and exchange-rate fluctuations could affect the Group’s competitiveness.」
The Group also discloses the impact of overseas competitors’ cost competitiveness, in addition to the effects of foreign-currency-denominated exports and overseas businesses.