Earnings Deterioration from Yen Appreciation and Foreign Exchange Losses
First written in FY2017-Q1. 16 of 35 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-08-03.
The whole theme swung hardest in 2025: 14 of 17 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- 2026-08-03MitigatedEarnings
「Foreign exchange gains - 67」
Foreign exchange losses of ¥189 million in the same period of the previous year changed to foreign exchange gains of ¥67 million in the current quarter. - FY2026MitigatedAnnual report
「Foreign exchange gain 6 58 Increase in foreign exchange gains due to yen depreciation.」
The foreign exchange gain increased from ¥6 million in the previous fiscal year to ¥58 million in the current fiscal year, making foreign exchange a driver of profit growth rather than a source of downward pressure. - 2026-04-27MitigatedEarnings
「Foreign exchange gains 6 58」
Foreign exchange gains increased from ¥6 million in the previous period to ¥58 million in the current period, with no negative impact from foreign exchange losses identified in the current consolidated results. - FY2026-H1WorsenedAnnual report
「Foreign exchange loss 68 135」
The foreign exchange loss increased from ¥68 million in the same period of the previous year to ¥135 million in the interim consolidated accounting period, increasing the downward pressure on profit from foreign exchange. - FY2025Sharp decline in foreign exchange gainAnnual report
「Foreign exchange gain 508 6 Decline in foreign exchange gains due to yen appreciation.」
The foreign exchange gain decreased sharply from ¥508 million in the previous fiscal year to ¥6 million in the current fiscal year, but did not turn into a foreign exchange loss. - FY2025-H1WorsenedAnnual report
「Foreign exchange gain 269 - Foreign exchange loss - 68」
The foreign exchange result changed from a ¥269 million gain in the same period of the previous year to a ¥68 million loss in the interim consolidated accounting period, bringing renewed downward pressure on profit from foreign exchange. - FY2024Foreign exchange gains continue to declineAnnual report
「Foreign exchange gain 538 508」
The foreign exchange gain decreased from ¥538 million in the previous fiscal year to ¥508 million in the current fiscal year, but did not turn into a foreign exchange loss and remained a source of profit. - FY2024-Q3Foreign exchange gains continue to declineAnnual report
「Foreign exchange gain 421 144」
The foreign exchange gain decreased from ¥421 million in the same period of the previous year to ¥144 million, but did not turn into a foreign exchange loss, and foreign exchange remained a source of profit. - FY2024-Q2Decrease in Foreign-Exchange GainsAnnual report
「Foreign exchange gain 765 269」
The foreign exchange gain decreased from ¥765 million in the same period of the previous year to ¥269 million, but did not turn into a foreign exchange loss, and foreign exchange remained a source of profit. - FY2023-Q3MitigatedAnnual report
「Foreign exchange gain 105 421」
The foreign exchange gain increased from ¥105 million in the same period of the previous year to ¥421 million in the cumulative third-quarter period, making foreign exchange a driver of profit growth rather than a source of downward pressure. - FY2023-Q2MitigatedAnnual report
「Foreign exchange gain － 765 Foreign exchange loss 16 －」
The foreign exchange result changed from a ¥16 million loss in the same period of the previous year to a ¥765 million gain in the cumulative second-quarter period, making foreign exchange a driver of profit growth rather than a source of downward pressure. - FY2023-Q1MitigatedAnnual report
「Foreign exchange gain 11 551」
The foreign exchange gain increased from ¥11 million in the same period of the previous year to ¥551 million in the cumulative first-quarter period, making foreign exchange a driver of profit growth rather than a source of downward pressure. - FY2022MitigatedAnnual report
「Foreign exchange gains/losses 169 315 145 Foreign exchange gain on the reporting company's foreign-currency-denominated assets.」
The foreign exchange gain increased from ¥169 million in the previous fiscal year to ¥315 million in the current fiscal year, making foreign exchange a driver of profit growth rather than a source of downward pressure. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gain 17 105」
The foreign exchange gain increased from ¥17 million in the same period of the previous year to ¥105 million in the cumulative third-quarter period, and foreign exchange did not weigh on profit. - FY2022-Q2WorsenedAnnual report
「Foreign exchange gain 23 － Foreign exchange loss － 16」
The foreign exchange result changed from a ¥23 million gain in the same period of the previous year to a ¥16 million loss in the cumulative second-quarter period, bringing renewed downward pressure on profit from foreign exchange. - FY2022-Q1Foreign exchange gains continue, but narrowAnnual report
「Foreign exchange gain 91 11」
The foreign exchange gain narrowed from ¥91 million in the same period of the previous year to ¥11 million in the first quarter, but did not turn into a foreign exchange loss, and foreign exchange did not weigh on profit. - FY2021-Q3MitigatedAnnual report
「Foreign exchange gain － 17 Foreign exchange loss 38 －」
The foreign exchange result changed from a ¥38 million loss in the same period of the previous year to a ¥17 million gain in the cumulative third-quarter period, easing the downward pressure on profit from foreign exchange. - FY2021-Q2MitigatedAnnual report
「Foreign exchange gain － 23 Foreign exchange loss 120 －」
The foreign exchange result changed from a ¥120 million loss in the same period of the previous year to a ¥23 million gain in the cumulative second-quarter period, easing the downward pressure on profit from foreign exchange. - FY2021-Q1MitigatedAnnual report
「Foreign exchange gain － 91」
The foreign exchange result changed from a ¥122 million loss in the same period of the previous year to a ¥91 million gain in the cumulative first-quarter period, eliminating the downward pressure on profit from foreign exchange losses. - FY2020WorsenedAnnual report
「Foreign exchange loss 105 145」
The foreign exchange loss increased from ¥105 million in the previous fiscal year to ¥145 million in the current fiscal year, increasing the downward pressure on profit from foreign exchange. - FY2020-Q3MitigatedAnnual report
「Foreign exchange loss 83 38」
The foreign exchange loss decreased from ¥83 million in the same period of the previous year to ¥38 million, easing the downward pressure on profit from foreign exchange year on year. - FY2020-Q2WorsenedAnnual report
「Foreign exchange loss 22 120」
The foreign exchange loss increased from ¥22 million in the same period of the previous year to ¥120 million in the cumulative second-quarter period, increasing the downward pressure on profit from foreign exchange. - FY2020-Q1WorsenedAnnual report
「Net income for the quarter attributable to owners of the parent decreased year on year, as the increase in the foreign exchange loss and other factors outweighed the decline in income taxes and other taxes.」
The foreign exchange loss increased from ¥100 million in the same period of the previous year to ¥122 million, and the downward pressure on profit from foreign exchange continues. - FY2019WorsenedAnnual report
「Foreign exchange loss 29 105」
The foreign exchange loss increased from ¥29 million in the previous fiscal year to ¥105 million in the current fiscal year, increasing the downward pressure on profit from foreign exchange. - FY2019-Q3WorsenedAnnual report
「Foreign exchange gain 74 － Foreign exchange loss － 83」
The foreign exchange result changed from a ¥74 million gain in the same period of the previous year to an ¥83 million loss in the cumulative third-quarter period, bringing renewed downward pressure on profit from foreign exchange. - FY2019-Q2WorsenedAnnual report
「Foreign exchange gain 29 － Foreign exchange loss － 22」
The foreign exchange result changed from a ¥29 million gain in the same period of the previous year to a ¥22 million loss in the cumulative second-quarter period, bringing renewed downward pressure on profit from foreign exchange. - FY2019-Q1WorsenedAnnual report
「Net income for the quarter attributable to owners of the parent decreased year on year, as the foreign exchange loss and corporate income taxes increased.」
The company recorded a ¥100 million foreign exchange loss in the quarter, compared with a ¥19 million foreign exchange gain in the same period of the previous year, bringing renewed downward pressure on profit from foreign exchange. - FY2018MitigatedAnnual report
「During the consolidated fiscal year, the economic environment is on a gradual recovery trend, as the improvement in the corporate earnings environment continues against a backdrop including increased exports and yen depreciation.」
The explanation continues to describe an improving earnings environment driven by yen depreciation, replacing the previous downward pressure from yen appreciation and foreign exchange losses. The foreign exchange loss for the year was ¥29 million, down from ¥276 million in the previous fiscal year. - FY2018-Q3MitigatedAnnual report
「During the first nine months of the consolidated fiscal year, the economic environment is on a gradual recovery trend, as the improvement in the corporate earnings environment continues against a backdrop including increased exports and yen depreciation.」
The explanation continues to focus on an improving earnings environment driven by yen depreciation and increased exports, replacing the previous downward pressures centered on yen appreciation and foreign exchange losses. The company recorded a ¥74 million foreign exchange gain during the cumulative period. - FY2018-Q2MitigatedAnnual report
「During the first six months of the consolidated fiscal year, the economic environment is on a gradual recovery trend, as the improvement in the corporate earnings environment continues against a backdrop including increased exports and yen depreciation.」
The explanation has changed from the previous downward pressures centered on yen appreciation and foreign exchange losses to an improving earnings environment driven by yen depreciation and increased exports. The company recorded a ¥29 million foreign exchange gain in the quarter. - FY2018-Q1MitigatedAnnual report
「Net income for the quarter attributable to owners of the parent also increased year on year, as the foreign exchange loss decreased.」
Against a backdrop of yen depreciation, the foreign exchange loss recorded in the same period of the previous year decreased, easing the negative impact of foreign exchange on profit. - FY2017Yen depreciation and foreign exchange risk coexistAnnual report
「During the consolidated fiscal year, the economic environment is on a gradual recovery trend, as the improvement in the corporate earnings environment continues against a backdrop including yen depreciation and higher stock prices following the US presidential election.」
The description changed from a decline in yen-denominated revenue due to foreign exchange movements in the previous quarter to an improvement in the earnings environment driven by yen depreciation and higher stock prices for the full year. At the same time, the company recorded a ¥276 million foreign exchange loss. - FY2017-Q3ReframedAnnual report
「Revenue for the first nine months of the consolidated fiscal year decreased by ¥1,884 million year on year due to foreign exchange movements, to ¥74,284 million, down 2.5%.」
The description changed from the strong-yen trend and concerns about further yen appreciation through the previous quarter to a decline in yen-denominated revenue due to foreign exchange movements, including periods of yen depreciation. The income statement also recorded a ¥201 million foreign exchange loss. - FY2017-Q2RestatedAnnual report
「The global economy remains uncertain, amid the continued strength of the yen, political uncertainty in Europe including the UK's withdrawal from the EU, and developments such as the US presidential election.」
The yen remained strong, and the company recorded a ¥370 million foreign exchange loss during the cumulative period. - FY2017-Q1First statedAnnual report
「The economy remains sluggish, as exports have struggled to grow amid the yen's appreciation since the beginning of the year and weak personal consumption has persisted. The outlook is deteriorating, weighed down by political uncertainty in Europe, including the UK's withdrawal from the EU, uncertainty over overseas developments such as the US presidential election, and concerns about earnings deterioration accompanying further yen appreciation.」
The yen's appreciation was identified as a concern for exports and earnings. The company recorded a ¥297 million foreign exchange loss in the quarter, which also reduced net income.