Foreign Exchange Risk from Expanding Overseas Sales
First written in FY2016. 5 of 34 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2027-H1.
Kanemitsu 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 12 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2027-H1Increase in the foreign currency translation adjustment during the interim periodAnnual report
「Net assets were ¥12,954 million, an increase of ¥230 million from the end of the previous consolidated fiscal year. This was primarily due to increases of ¥193 million in retained earnings and ¥39 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥39 million from the end of the previous consolidated fiscal year, reflecting the impact of foreign exchange movements related to the overseas businesses in interim-period net assets. - FY2026Updated full-year overseas sales ratio and foreign currency translation adjustmentAnnual report
「Overseas sales accounted for 26.4% of the consolidated net sales of our group for the fiscal year ending March 2026. The main factors increasing net assets were a ¥586 million increase in retained earnings, a ¥228 million increase in the valuation difference on available-for-sale securities, and a ¥224 million increase in the foreign currency translation adjustment.」
The overseas sales ratio declined from 26.6% in the previous fiscal year to 26.4%. The foreign currency translation adjustment increased by ¥224 million for the full fiscal year, reflecting foreign exchange effects associated with overseas operations in net assets. - FY2026-H1Midyear decrease in foreign currency translation adjustmentAnnual report
「Net assets were ¥11,809 million, up ¥137 million from the end of the previous fiscal year, mainly due to a ¥278 million increase in retained earnings, a ¥110 million increase in the valuation difference on available-for-sale securities, and a ¥234 million decrease in the foreign currency translation adjustment.」
Foreign exchange effects associated with overseas operations were reflected in midyear net assets as a ¥234 million decrease in the foreign currency translation adjustment. - FY2025Decline in the overseas sales ratioAnnual report
「Overseas sales accounted for 26.6% of the consolidated net sales of our group for the fiscal year ended March 2025.」
The overseas sales ratio declined from 28.3% in the previous fiscal year to 26.6%. The policy of expanding overseas sales and the disclosure concerning the potential impact of foreign currency translation have been maintained. - FY2025-H1Midyear increase in foreign currency translation adjustmentAnnual report
「Net assets were ¥11,313 million, up ¥350 million from the end of the previous fiscal year, mainly due to a ¥189 million increase in retained earnings, a ¥100 million decrease in the valuation difference on available-for-sale securities, and a ¥262 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment had increased by ¥262 million from the end of the previous fiscal year at the end of the current interim consolidated accounting period, reflecting foreign exchange effects associated with overseas operations in net assets. - FY2024Updated full-year overseas sales ratio and foreign currency translation adjustmentAnnual report
「Overseas sales accounted for 28.3% of the consolidated net sales of our group for the fiscal year ended March 2024.」
The overseas sales ratio was 28.3%. In net assets, the foreign currency translation adjustment increased by ¥261 million from the end of the previous fiscal year. - FY2024-Q3Increase in foreign currency translation adjustment widenedAnnual report
「Net assets were ¥10,724 million, up ¥766 million from the end of the previous fiscal year, mainly due to a ¥374 million increase in retained earnings, a ¥110 million increase in the valuation difference on available-for-sale securities, and a ¥267 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥267 million from the end of the previous fiscal year, widening from the ¥97 million increase in the previous quarter. - FY2024-Q2Increase in foreign currency translation adjustment widenedAnnual report
「Net assets were ¥10,452 million, up ¥494 million from the end of the previous fiscal year, mainly due to a ¥154 million increase in retained earnings, a ¥12 million increase in non-controlling interests, a ¥111 million increase in the valuation difference on available-for-sale securities, and a ¥215 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥215 million from the end of the previous fiscal year, widening from the ¥97 million increase in the previous quarter. - FY2024-Q1Smaller increase in the foreign currency translation adjustmentAnnual report
「Net assets were ¥10,167 million, up ¥209 million from the end of the previous fiscal year, mainly due to a ¥30 million increase in retained earnings, a ¥77 million increase in the valuation difference on available-for-sale securities, and a ¥97 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥97 million. The increase narrowed from the ¥405 million increase in the cumulative third quarter of the previous fiscal year. - FY2023-Q3Smaller increase in the foreign currency translation adjustmentAnnual report
「Net assets were ¥9,759 million, up ¥492 million from the end of the previous fiscal year, mainly due to a ¥136 million increase in retained earnings, a ¥59 million decrease in the valuation difference on available-for-sale securities, and a ¥405 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥405 million. The increase narrowed slightly from the ¥415 million increase reported at the time of the second-quarter report for the previous fiscal year. - FY2023-Q2Accelerating increase in the foreign currency translation adjustmentAnnual report
「Net assets were ¥9,754 million, up ¥487 million from the end of the previous fiscal year, mainly due to a ¥109 million increase in retained earnings, a ¥12 million increase in non-controlling interests, a ¥49 million decrease in the valuation difference on available-for-sale securities, and a ¥415 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥415 million, up from the ¥234 million increase in the first quarter of the previous fiscal year. - FY2023-Q1Accelerating increase in the foreign currency translation adjustmentAnnual report
「Net assets were ¥9,476 million, up ¥208 million from the end of the previous fiscal year, mainly due to a ¥6 million decrease in retained earnings, a ¥25 million decrease in the valuation difference on available-for-sale securities, and a ¥234 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥234 million from the end of the previous fiscal year, and foreign exchange effects associated with overseas operations continue to be reflected in net assets. - FY2022Overseas sales ratio continued to declineAnnual report
「Overseas sales accounted for 29.5% of the consolidated net sales of our group for the fiscal year ended March 2022.」
The overseas sales ratio declined from 30.7% in the previous fiscal year to 29.5%. Meanwhile, the policy of expanding overseas sales and the disclosure concerning foreign exchange fluctuation risk have been maintained. - FY2022-Q3Smaller increase in the foreign currency translation adjustmentAnnual report
「Net assets were ¥9,155 million, up ¥7 million from the end of the previous fiscal year, mainly due to a ¥21 million increase in retained earnings, a ¥17 million decrease in the valuation difference on available-for-sale securities, and an ¥11 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥11 million. Although the increase narrowed from the ¥83 million increase reported at the time of the previous quarterly report, foreign exchange effects associated with overseas operations continue to be reflected in net assets. - FY2022-Q2RestatedAnnual report
「Net assets were ¥9,209 million, up ¥61 million from the end of the previous fiscal year, mainly due to a ¥3 million decrease in retained earnings, a ¥2 million decrease in non-controlling interests, a ¥16 million decrease in the valuation difference on available-for-sale securities, and an ¥83 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥83 million, and the impact of an increase continued to be reflected in net assets from the previous quarter. - FY2022-Q1Foreign currency translation adjustment reversed to an increaseAnnual report
「Net assets were ¥9,197 million, up ¥50 million from the end of the previous fiscal year, mainly due to a ¥38 million decrease in retained earnings, a ¥30 million decrease in the valuation difference on available-for-sale securities, and a ¥118 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥118 million, shifting from the decrease seen in the fiscal year ended March 2021 to an increase. Foreign exchange effects associated with overseas sales and overseas operations continue to be reflected in net assets. - FY2021Decline in the overseas sales ratioAnnual report
「Overseas sales accounted for 30.7% of the consolidated net sales of our group for the fiscal year ended March 2021.」
The overseas sales ratio declined from 35.4% in the previous fiscal year to 30.7%. Meanwhile, the policy of continuing to expand overseas sales remains unchanged. - FY2021-Q3WorsenedAnnual report
「Net assets were ¥8,976 million, down ¥526 million from the end of the previous fiscal year, mainly due to a ¥324 million decrease in retained earnings and a ¥219 million decrease in the foreign currency translation adjustment.」
The decrease in the foreign currency translation adjustment was ¥219 million, with the negative impact increasing from the ¥166 million decrease reported in the previous quarter. - FY2021-Q2Narrowing decrease in the foreign currency translation adjustmentAnnual report
「Net assets were ¥9,022 million, down ¥481 million from the end of the previous fiscal year, mainly due to a ¥299 million decrease in retained earnings and a ¥166 million decrease in the foreign currency translation adjustment.」
The foreign currency translation adjustment decreased by ¥166 million, and the negative impact narrowed from the ¥250 million decrease reported in the previous quarter. - FY2021-Q1WorsenedAnnual report
「Net assets were ¥8,974 million, down ¥529 million from the end of the previous fiscal year, mainly due to a ¥233 million decrease in retained earnings, a ¥31 million increase in the valuation difference on available-for-sale securities, a ¥250 million decrease in the foreign currency translation adjustment, and a ¥76 million decrease in non-controlling interests.」
The foreign currency translation adjustment decreased by ¥250 million from the end of the previous fiscal year, reflecting a significant negative impact from foreign exchange movements associated with overseas operations. - FY2020-Q3Foreign currency translation adjustment shifted to a decreaseAnnual report
「Foreign currency translation adjustment 203,294 199,412」
The foreign currency translation adjustment decreased from ¥203 million at the end of the previous fiscal year to ¥199 million at the end of the third quarter, shifting from an increase at the time of the previous quarterly report to a decrease. - FY2020-Q2Foreign currency translation adjustment turned to an increaseAnnual report
「Foreign currency translation adjustment 203,294 218,411」
The foreign currency translation adjustment increased from ¥203 million at the end of the previous fiscal year to ¥218 million at the end of the second quarter. It has shifted from a decrease at the time of the previous quarterly report to an increase. - FY2020-Q1Continued increase in the foreign currency translation adjustmentAnnual report
「Net assets were ¥9,557 million, an increase of ¥104 million from the end of the previous consolidated fiscal year, mainly due to decreases of ¥44 million in retained earnings, and increases of ¥22 million in the valuation difference on available-for-sale securities, ¥65 million in the foreign currency translation adjustment, and ¥70 million in non-controlling interests.」
The foreign currency translation adjustment increased by ¥65 million, and the positive impact continued from the end of the previous fiscal year. - FY2019-Q3Narrowing decrease in the foreign currency translation adjustmentAnnual report
「Net assets were ¥9,385 million, an increase of ¥366 million from the end of the previous consolidated fiscal year, mainly due to an increase of ¥454 million in retained earnings, decreases of ¥83 million in the valuation difference on available-for-sale securities and ¥24 million in the foreign currency translation adjustment, and an increase of ¥10 million in non-controlling interests.」
The foreign currency translation adjustment decreased by ¥24 million, so the negative impact narrowed from the ¥128 million decrease reported in the previous quarterly report. - FY2019-Q2WorsenedAnnual report
「Net assets were ¥9,240 million, an increase of ¥221 million from the end of the previous consolidated fiscal year, mainly due to a ¥326 million increase in retained earnings and a ¥128 million decrease in the foreign currency translation adjustment.」
The decrease in the foreign currency translation adjustment was ¥128 million, up from the ¥56 million decrease reported for the previous quarterly report, indicating a greater negative impact. - FY2019-Q1MaterialisedAnnual report
「Net assets were ¥9,079 million, an increase of ¥60 million from the end of the previous consolidated fiscal year, mainly due to an increase of ¥139 million in retained earnings, decreases of ¥12 million in the valuation difference on available-for-sale securities and ¥56 million in the foreign currency translation adjustment, and a ¥9 million decrease in non-controlling interests.」
The impact of foreign exchange fluctuations associated with overseas business and sales has materialized as a ¥56 million decrease in the foreign currency translation adjustment. - FY2018-Q3Foreign currency translation adjustment turned to an increaseAnnual report
「Net assets were ¥8,840 million, an increase of ¥587 million from the end of the previous consolidated fiscal year, mainly due to increases of ¥428 million in retained earnings, ¥72 million in the valuation difference on available-for-sale securities, and ¥91 million in the foreign currency translation adjustment, and a ¥5 million decrease in non-controlling interests.」
The foreign currency translation adjustment increased by ¥91 million during the cumulative third quarter of the current fiscal year, compared with decreases through the previous quarter, indicating a positive impact from foreign exchange fluctuations. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the foreign exchange fluctuation risk associated with expanding overseas sales. - FY2018-Q1MaterialisedAnnual report
「Net assets were ¥8,439 million, an increase of ¥186 million from the end of the previous consolidated fiscal year, mainly due to increases of ¥180 million in retained earnings and ¥26 million in the valuation difference on available-for-sale securities, and a ¥12 million decrease in the foreign currency translation adjustment.」
The impact of foreign exchange fluctuations associated with overseas business and sales continued to materialize as a ¥12 million decrease in the foreign currency translation adjustment. - FY2017Decline in the overseas sales ratioAnnual report
「The ratio of overseas sales to the Group's consolidated net sales for the fiscal year ended March 2017 was 35.4%.」
The overseas sales ratio declined from 40.4% in the previous fiscal year to 35.4%. The foreign currency translation adjustment at fiscal year-end decreased by ¥88 million, and the impact of foreign exchange fluctuations continued to be disclosed. - FY2017-Q3WorsenedAnnual report
「Net assets were ¥7,747 million, an increase of ¥200 million from the end of the previous consolidated fiscal year, mainly due to increases of ¥422 million in retained earnings, ¥64 million in the valuation difference on available-for-sale securities, and ¥59 million in non-controlling interests, and a ¥347 million decrease in the foreign currency translation adjustment.」
The decrease in the foreign currency translation adjustment was ¥347 million, up from the ¥334 million decrease reported for the previous quarter. - FY2017-Q2WorsenedAnnual report
「Net assets were ¥7,417 million, a decrease of ¥130 million from the end of the previous consolidated fiscal year, mainly due to an increase of ¥156 million in retained earnings, a decrease of ¥334 million in the foreign currency translation adjustment, and an increase of ¥38 million in non-controlling interests.」
The impact of foreign exchange fluctuations associated with overseas business and sales emerged as a ¥334 million decrease in the foreign currency translation adjustment. The statement of income also records a foreign exchange loss of ¥40.588 million, with the impact larger than in the previous quarter. - FY2017-Q1MaterialisedAnnual report
「Net assets were ¥7,461 million, a decrease of ¥85 million from the end of the previous consolidated fiscal year, mainly due to decreases of ¥25 million in the valuation difference on available-for-sale securities and ¥109 million in the foreign currency translation adjustment, and an increase of ¥38 million in non-controlling interests.」
The impact of foreign exchange fluctuations associated with overseas business and sales has materialized as a ¥109 million decrease in the foreign currency translation adjustment. The statement of income also records a foreign exchange loss of ¥32.854 million. - FY2016First statedAnnual report
「The ratio of overseas sales to the Group's consolidated net sales for the fiscal year ended March 2016 was 40.4%, showing a year-on-year upward trend.」
The Company reports an overseas sales ratio of 40.4% and explains that, as overseas sales expand, the value translated into yen may be affected by exchange rates.