Impact of Exchange-Rate Movements on Yen-Converted Amounts and Net Assets
First written in FY2017-Q1. 13 of 31 entries say "Mitigated", first in FY2022-Q1. Latest entry: 2026-05-15.
Tachi-S 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 2019: 8 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- 2026-05-15MitigatedEarnings
「為替換算調整勘定が23億4百万円、それぞれ増加したことによるものであります。」
為替換算調整勘定は増加し、純資産の増加要因となった。 - FY2026-H1WorsenedAnnual report
「Total net assets were ¥95,856 million, down ¥2,329 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥2,869 million decrease in the foreign currency translation adjustment account, despite a ¥753 million increase in retained earnings.」
The foreign currency translation adjustment decreased by ¥2,869 million, more than offsetting the increase in retained earnings and contributing to the decline in net assets. - FY2025WorsenedAnnual report
「Foreign exchange losses were ¥508 million, representing a shift from foreign exchange gains of ¥88 million in the previous consolidated fiscal year to foreign exchange losses.」
Foreign exchange results shifted from gains in the previous year to a ¥508 million loss in the current year, and the adverse impact of foreign exchange on ordinary income recurred. - FY2025-H1MitigatedAnnual report
「Total net assets were ¥97,525 million, up ¥1,227 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥3,079 million increase in the foreign currency translation adjustment account, despite an ¥1,181 million decrease in the valuation difference on other securities.」
The ¥3,079 million increase in the foreign currency translation adjustment account exceeded the decrease in the valuation difference on other securities and contributed to the increase in net assets. - FY2024-Q3MitigatedAnnual report
「Total net assets were ¥92,266 million, up ¥5,784 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥5,154 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account increased by ¥5,154 million, contributing to the increase in net assets. The previous adverse impact of currency translation continued to ease. - FY2024-Q2MitigatedAnnual report
「Total net assets were ¥93,356 million, up ¥6,875 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥5,107 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account increased by ¥5,107 million from the end of the previous consolidated fiscal year, and the easing of the adverse impact of currency translation on net assets continued. - FY2024-Q1MitigatedAnnual report
「Total net assets were ¥88,409 million, up ¥1,928 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥2,190 million increase in the foreign currency translation adjustment account, despite a ¥1,326 million decrease in retained earnings.」
The ¥2,190 million increase in the foreign currency translation adjustment account offset the decrease in retained earnings and contributed to the increase in net assets. - FY2023MitigatedAnnual report
「Total net assets were ¥86,481 million, up ¥7,299 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥3,448 million in retained earnings and ¥4,784 million in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account increased by ¥4,784 million from the end of the previous fiscal year, contributing to the increase in net assets. - FY2023-Q3MitigatedAnnual report
「Total net assets were ¥83,174 million, up ¥3,993 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥7,319 million increase in the foreign currency translation adjustment account, despite a ¥2,518 million decrease in retained earnings.」
The foreign currency translation adjustment account increased by ¥7,319 million from the end of the previous fiscal year, contributing to the increase in net assets. The previous adverse impact of currency translation also eased during the current quarter. - FY2023-Q2MitigatedAnnual report
「Total net assets were ¥85,249 million, up ¥6,068 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥7,497 million increase in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account increased by ¥7,497 million from the end of the previous fiscal year, contributing to the increase in net assets. The previous adverse impact of currency translation eased during the current quarter. - FY2023-Q1MitigatedAnnual report
「Foreign currency translation adjustment account 7,938 12,023」
The foreign currency translation adjustment account increased from ¥7,938 million at the end of the previous fiscal year to ¥12,023 million, easing the adverse impact of currency translation on net assets. - FY2022MitigatedAnnual report
「Total net assets were ¥79,181 million, up ¥511 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥4,542 million increase in the foreign currency translation adjustment account, despite a ¥3,378 million decrease in retained earnings.」
The foreign currency translation adjustment account increased from ¥3,396 million at the end of the previous fiscal year to ¥7,938 million, easing the adverse impact of currency translation on net assets. - FY2022-Q3MitigatedAnnual report
「Foreign currency translation adjustment account 3,396 7,053」
The foreign currency translation adjustment account increased from ¥3,396 million at the end of the previous consolidated fiscal year to ¥7,053 million, easing the adverse impact of currency translation on net assets. - FY2022-Q2MitigatedAnnual report
「Foreign currency translation adjustment account 3,396 5,926」
The foreign currency translation adjustment account increased from ¥3,396 million at the end of the previous consolidated fiscal year to ¥5,926 million, easing the adverse impact of currency translation on net assets. - FY2022-Q1MitigatedAnnual report
「Foreign exchange losses 1,639 393」
Foreign exchange losses decreased from ¥1,639 million in the same period of the previous year to ¥393 million. Meanwhile, the foreign currency translation adjustment account increased from ¥3,396 million at the end of the previous fiscal year to ¥5,481 million. - FY2021-Q3WorsenedAnnual report
「Foreign currency translation adjustment account 3,732 2,434」
The foreign currency translation adjustment account decreased from ¥3,732 million at the end of the previous consolidated fiscal year to ¥2,434 million, and the impact of currency translation on net assets continued. - FY2021-Q2WorsenedAnnual report
「Foreign exchange losses increased from ¥356 million to ¥2,049 million.」
Foreign exchange losses, included in non-operating expenses, increased from ¥356 million in the same period of the previous year to ¥2,049 million. - FY2021-Q1WorsenedAnnual report
「Foreign exchange losses 220 1,639」
Foreign exchange losses increased from ¥220 million in the same period of the previous year to ¥1,639 million, and the adverse impact of foreign exchange fluctuations widened. - FY2020WorsenedAnnual report
「Foreign currency translation adjustment account 4,125 3,732」
The foreign currency translation adjustment account decreased from ¥4,125 million at the end of the previous consolidated fiscal year to ¥3,732 million, and the impact of currency translation on net assets continued. - FY2020-Q2WorsenedAnnual report
「Total net assets were ¥93,475 million, down ¥4,030 million from the end of the previous consolidated fiscal year. This was mainly due to decreases of ¥2,380 million in retained earnings and ¥1,592 million in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account decreased by ¥1,592 million, contributing to the decline in net assets. - FY2020-Q1WorsenedAnnual report
「Foreign exchange losses 23 220」
Foreign exchange losses, included in non-operating expenses, increased from ¥23 million in the same period of the previous year to ¥220 million, and the adverse impact of foreign exchange fluctuations continued. - FY2019-Q3WorsenedAnnual report
「Due to foreign exchange losses arising from the depreciation of emerging-market currencies in Central and South America, ordinary income was ¥4,934 million, down 25.1% from the same quarter of the previous year.」
It stated that cumulative foreign exchange losses of ¥1,566 million arose from the depreciation of emerging-market currencies in Central and South America, reducing ordinary income by 25.1% year on year. - FY2019-Q2MaterialisedAnnual report
「Due to foreign exchange losses arising from the depreciation of emerging-market currencies in Central and South America, ordinary income was ¥3,062 million, down 38.3% from the same quarter of the previous year.」
It stated that the depreciation of emerging-market currencies in Central and South America resulted in actual foreign exchange losses, reducing ordinary income by 38.3% year on year. - FY2019-Q1RestatedAnnual report
「Although the valuation difference on other securities decreased by ¥577 million and the foreign currency translation adjustment account decreased by ¥293 million,」
The impact on net assets through the decrease in the foreign currency translation adjustment account continued to be noted. - FY2018RestatedAnnual report
「Items denominated in local currencies, including revenue, expenses, assets and liabilities in each region, are translated into yen for the preparation of the consolidated financial statements. Depending on the exchange rates used for translation, the yen-translated values may be affected even when their values in local currencies remain unchanged.」
It reiterated the risk that foreign currency translation may affect revenue, assets and other items in the consolidated financial statements. - FY2018-Q2RestatedAnnual report
「On the earnings front, operating income was ¥2,244 million, down 13.0% from the same quarter of the previous year, due to the effects of foreign exchange fluctuations overseas and changes in the product mix, among other factors.」
It reiterated that foreign exchange fluctuations overseas, together with changes in the product mix, affected operating income. - FY2018-Q1MaterialisedAnnual report
「On the earnings front, operating income was ¥327 million, down 61.4% from the same quarter of the previous year, due to the effects of foreign exchange fluctuations overseas and changes in the product mix, among other factors.」
It stated that foreign exchange fluctuations, together with changes in the product mix, directly adversely affected operating income from overseas operations, not only through yen-translated amounts. - FY2017SoftenedAnnual report
「Although sales remained firm both in Japan and overseas, revenue declined slightly to ¥282,525 million, down 0.4% from the previous consolidated fiscal year, due to a decline in yen-translated amounts resulting from foreign exchange fluctuations.」
Although the impact of lower yen-translated amounts due to foreign exchange fluctuations continued, the full-year decline was 0.4%, compared with a 1.0% year-on-year decline for the most recent cumulative quarter. - FY2017-Q3WorsenedAnnual report
「Under these operating conditions, sales remained firm both in Japan and overseas during the cumulative third quarter of the consolidated fiscal year, but revenue declined slightly to ¥205,305 million, down 1.0% from the same quarter of the previous year, due to a decline in yen-translated amounts resulting from foreign exchange fluctuations.」
The decline in yen-translated amounts resulting from foreign exchange fluctuations continued to weigh on revenue, with the year-on-year decline widening from 0.5% for the cumulative second-quarter period to 1.0%. - FY2017-Q2WorsenedAnnual report
「Although sales remained firm, revenue declined slightly to ¥132,132 million, down 0.5% from the same quarter of the previous year, due to a decline in yen-translated amounts resulting from foreign exchange fluctuations.」
The decline in yen-translated amounts resulting from foreign exchange fluctuations continued to reduce revenue, which was down 0.5% year on year for the cumulative second-quarter period. In addition, the foreign currency translation adjustment account decreased by ¥7,441 million. - FY2017-Q1MaterialisedAnnual report
「Although sales remained firm, revenue rose only slightly to ¥64,171 million, up 0.3% from the same quarter of the previous year, due to a decline in yen-translated amounts resulting from foreign exchange fluctuations. This was mainly due to a ¥4,209 million decrease in the foreign currency translation adjustment account.」
It stated that foreign exchange fluctuations directly affected the yen-translated amount of revenue and the foreign currency translation adjustment account.