Foreign Exchange Risk Associated with Converting Overseas Sales into Yen
First written in FY2016. 9 of 29 entries say "Restated". Latest entry: 2026-07-31.
Tanaka Seimitsu Kogyo moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 29 of 63 companies on the "Worse" side.
22 other companies' latest entry also says "Other".
- 2026-07-31OtherRevision of earnings forecasts
「In light of recent foreign exchange movements, we have also revised our forecasts for net sales, operating profit and ordinary profit. The assumed exchange rates are ¥156.00 to the US dollar, ¥4.72 to the Thai baht and ¥0.00585 to the Vietnamese dong.」
The full-year forecasts for net sales, operating profit and ordinary profit have been revised in light of foreign exchange movements, and the assumed exchange rates have been disclosed. These changes relate to forecasts, not actual results. - FY2026MaterialisedAnnual report
「Foreign exchange loss 63,805」
The consolidated income statement for the fiscal year recorded a foreign exchange loss of ¥63.805 million, with the impact of foreign exchange movements reflected in actual results. - FY2024Foreign currency translation continued to be a driver of revenue growthAnnual report
「Due to the recovery in production and the foreign currency translation effect, net sales were ¥42,545 million, up 24.3% from the previous fiscal year, and operating profit was ¥3,663 million, up 67.5%.」
The foreign currency translation effect from translating the results of overseas subsidiaries into yen was disclosed as a factor contributing to higher full-year sales, together with the recovery in production. - FY2024-Q3Foreign currency translation continued to be a driver of revenue growthAnnual report
「Against this backdrop, net sales were ¥30,159 million, up 26.1% year on year, operating profit was ¥2,461 million, up 171.5%, ordinary profit was ¥2,704 million, up 78.6%, and net profit attributable to owners of the parent was ¥1,596 million, up 644.6%, due to the recovery in production and the foreign currency translation effect.」
The foreign currency translation effect, together with the recovery in production, appeared in actual results as a factor driving higher net sales. - FY2024-Q1Foreign currency translation continued to be a driver of revenue growthAnnual report
「Against this backdrop, net sales were ¥9,216 million, up 30.4% year on year, due to the recovery in production and the foreign currency translation effect」
The foreign currency translation effect, together with the recovery in production, appeared in actual results as a factor driving higher net sales. - FY2023-Q3The foreign currency translation effect continues to contribute to higher net sales and profit.Annual report
「Net sales were ¥23,917 million, up 13.5% year on year, due to the expansion of the mobility business and the foreign currency translation effect, despite lower sales resulting from production adjustments by customers due to supply chain disruptions.」
While the rapid depreciation of the yen was disclosed as a factor contributing to uncertainty in the operating environment, the foreign currency translation effect, together with the expansion of the mobility business, appeared in actual results as a factor driving higher net sales. - FY2023-Q2Foreign currency translation continued to be a driver of revenue growthAnnual report
「Against this backdrop, net sales were ¥15,719 million, up 16.5% year on year, due to the expansion of the mobility business and the foreign currency translation effect, despite lower sales resulting from production adjustments by customers due to supply chain disruptions.」
While supply chain disruptions were a factor contributing to lower sales, the foreign currency translation effect, together with the expansion of the mobility business, appeared in actual results as a factor driving higher net sales. - FY2023-Q1The foreign currency translation effect continues to contribute to higher net sales.Annual report
「Net sales were ¥7,068 million, up 2.3% year on year, due to the expansion of the mobility business and the foreign currency translation effect, despite lower sales resulting from production adjustments by customers due to supply chain disruptions.」
While supply chain disruptions were a factor contributing to lower sales, the foreign currency translation effect, together with the expansion of the mobility business, appeared in actual results as a factor driving higher net sales. - FY2022Foreign currency translation continued to be a driver of revenue growthAnnual report
「Net sales were ¥29,671 million, up 13.9% from the previous fiscal year, due to increased orders resulting from the economic recovery and the foreign currency translation effect, despite production adjustments by customers resulting from the semiconductor shortage and other factors.」
The foreign currency translation effect from translating the results of overseas subsidiaries into yen continued to contribute to higher net sales during the fiscal year. - FY2022-Q2Foreign currency translation continued to be a driver of revenue growthAnnual report
「Net sales were ¥3,741 million, up 3.3% year on year, due to the foreign currency translation effect, despite production adjustments by customers resulting from the semiconductor shortage and other factors,」
In the United States, customers made production adjustments, while the foreign currency translation effect was disclosed as a factor driving higher net sales. - FY2021RestatedAnnual report
「In addition, because the results of overseas subsidiaries are translated into yen at the period-end exchange rate when preparing consolidated financial statements, fluctuations in foreign exchange rates may have a significant impact.」
The potential impact of foreign exchange fluctuations from translating the results of overseas subsidiaries into yen continues to be disclosed. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure continues to state that no new risks or material changes have arisen regarding foreign exchange risk associated with translating overseas sales into yen. - FY2021-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding foreign exchange risk associated with translating overseas sales into yen. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding foreign exchange risk associated with translating overseas sales into yen. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding foreign exchange risk associated with translating overseas sales into yen. - FY2020-Q2MaterialisedAnnual report
「Although the application of rocker arms expanded following the launch of new models by a major customer, revenue was ¥5,585 million, down 1.9% year on year, due to the impact of foreign currency translation.」
Although new vehicle launches expanded applications in the United States, the impact of foreign currency translation appeared in the results as a factor behind the 1.9% year-on-year decline in revenue. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding foreign exchange risk associated with translating overseas sales into yen. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding foreign exchange risk associated with translating overseas sales into yen. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding foreign exchange risk associated with translating overseas sales into yen. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding foreign exchange risk associated with translating overseas sales into yen. - FY2018SoftenedAnnual report
「Because sales by US subsidiaries accounted for a substantial share of consolidated revenue, at 41.8% in the fiscal year ended March 2017 and 33.4% in the fiscal year ended March 2018, the Group may be adversely affected, particularly if the yen appreciates against the US dollar.」
The US subsidiaries' share of revenue fell from 41.8% to 33.4%, indicating a numerical reduction in exposure to the impact of translating results into yen when the yen appreciates. - FY2018-Q3Foreign currency translation continued to be a driver of revenue growthAnnual report
「Amid these conditions, revenue was ¥29,353 million, down 1.6% year on year. Although revenue increased due to a change in the fiscal year-end of a Thai subsidiary and the impact of foreign currency translation, among other factors, this was more than offset by a decline resulting from changes in the sales mix associated with a model change in the United States.」
Foreign currency translation continued to be cited as a driver of revenue growth, while the decline resulting from a model change in the United States weighed on consolidated revenue. - FY2018-Q2Foreign currency translation became a driver of revenue growthAnnual report
「② United States: Revenue was ¥6,788 million, down 14.2% year on year. Although foreign currency translation increased revenue, changes in the sales mix associated with a model change resulted in a decline.」
Foreign currency translation continued to be cited as a driver of growth in US sales during the quarter, while changes in the sales mix associated with a model change resulted in a 14.2% year-on-year decline in US sales. - FY2018-Q1Foreign currency translation became a driver of revenue growthAnnual report
「Including a ¥343 million increase in revenue from the impact of foreign currency translation, revenue was ¥11,050 million, up 12.0% year on year.」
The impact of foreign currency translation, which had appeared as a factor behind revenue declines through the previous fiscal year, was cited as a ¥343 million driver of revenue growth in the current quarter. - FY2017MaterialisedAnnual report
「However, when preparing consolidated financial statements, the results of overseas subsidiaries are translated into yen at the period-end exchange rate. Because sales in the United States accounted for a substantial share of consolidated revenue, at 43.4% in the fiscal year ended March 2016 and 41.8% in the fiscal year ended March 2017, the Group may be adversely affected, particularly if the yen appreciates against the US dollar.」
The share of sales generated in the United States fell from 43.4% to 41.8%, while the impact of foreign currency translation appeared in the annual results as a factor behind the 2.2% year-on-year decline in revenue. - FY2017-Q3MaterialisedAnnual report
「Revenue was ¥29,839 million, down 4.8% year on year, due to revenue declines from foreign currency translation and changes in the sales mix associated with a model change in the United States, among other factors.」
The revenue decline from foreign currency translation appeared in the results as a factor behind the 4.8% year-on-year decline in consolidated revenue. - FY2017-Q2MaterialisedAnnual report
「Revenue was ¥18,761 million, down 14.4% year on year, due to the impact of foreign currency translation and changes in the sales mix associated with a model change in the United States, among other factors.」
The impact of foreign currency translation, together with changes in the sales mix associated with a model change in the United States, appeared in the results as a factor behind the 14.4% year-on-year decline in consolidated revenue. - FY2017-Q1MaterialisedAnnual report
「Revenue was ¥9,866 million, down 13.8% year on year, due to the impact of foreign currency translation and changes in the sales mix associated with a model change in the United States, among other factors.」
The impact of foreign currency translation appeared in the results as a factor behind the decline in revenue. - FY2016First statedAnnual report
「Because sales in the United States accounted for a substantial share of consolidated revenue, at 45.4% in the fiscal year ended March 2015 and 43.4% in the fiscal year ended March 2016, the Group may be adversely affected, particularly if the yen appreciates against the US dollar.」
The disclosure identifies the adverse impact of yen appreciation on consolidated results as a risk, given the share of sales generated in the United States.