Foreign Exchange Rate Risk
First written in FY2016. 8 of 24 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-05-12.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
- 2026-05-12OtherManagement planning
「There were approximately ¥1.0 billion in cost increases in fiscal 2025, but 60% was recovered.」
The company described cost increases arising from tariff policies and other factors, as well as the portion recovered. - FY2026-H1MaterialisedAnnual report
「Overseas revenue decreased from the previous interim consolidated accounting period, reflecting the impact of the stronger yen and lower demand, mainly due to the shift to EVs in Europe. As a result, segment revenue decreased 3.3% from the previous interim consolidated accounting period to ¥35,659 million」
Whereas the weaker yen had previously contributed to revenue growth, the stronger yen became a factor behind the decrease in overseas revenue during the interim period. An interim consolidated statement of income also recorded a foreign exchange loss of ¥292 million. quantified is true, materialized is true. - FY2025-H1RestatedAnnual report
「Overseas revenue increased, mainly reflecting steady demand in North America and the impact of the weaker yen」
The impact of the weaker yen, together with demand in North America, contributed to the increase in overseas revenue, and the impact of foreign exchange movements continues to be reflected in results. - FY2024-Q3RestatedAnnual report
「Under these circumstances, the Group's domestic revenue increased from the end of the previous corresponding quarter, while overseas revenue also increased, including the impact of foreign exchange movements. As a result, segment revenue increased 7.3% year on year to ¥53,053 million, and segment profit increased 31.4% to ¥6,683 million.」
The increase in overseas revenue included the impact of foreign exchange movements, which continues to be reflected in results. - FY2024-Q2RestatedAnnual report
「Under these circumstances, the Group's domestic revenue increased year on year, while overseas revenue also increased, including the impact of the weaker yen. As a result, segment revenue increased 11.4% year on year to ¥34,769 million, and segment profit increased 44.6% to ¥4,088 million.」
The increase in overseas revenue included the impact of the weaker yen, and the impact of foreign exchange movements continues to be reflected in results. - FY2024-Q1RestatedAnnual report
「Against this market backdrop, the Group's performance for the nine-month period of the first quarter of the fiscal year was supported by a recovery in demand as the semiconductor shortage in the automotive industry eased, strong demand in the energy field, and the impact of the weaker yen. Revenue increased 8.7% year on year to ¥29,979 million.」
The impact of the weaker yen continued to be reflected in results as a contributor to revenue growth, together with the recovery in demand and strong demand in the energy field. - FY2023-Q3RestatedAnnual report
「In addition, supported by steady demand in the shipbuilding, construction machinery-related and energy fields and the impact of the weaker yen, revenue increased 15.1% year on year to ¥87,596 million.」
The impact of the weaker yen, together with demand in the shipbuilding, construction machinery and energy fields, contributed to revenue growth. - FY2023-Q2RestatedAnnual report
「Conditions in the automotive-related industry remained difficult as production had not yet fully recovered. However, supported by steady demand in the shipbuilding, construction machinery-related and energy fields and the impact of the weaker yen, revenue increased 13.2% year on year to ¥56,944 million.」
The impact of the weaker yen, together with increased demand in the shipbuilding, construction machinery and energy fields, contributed to revenue growth. The impact of foreign exchange movements continues to be reflected in results. - FY2023-Q1The weaker yen boosted revenueAnnual report
「Against this market backdrop, the Group's performance for the nine-month period of the first quarter of the fiscal year was supported by a resilient global recovery in demand in the automotive industry from the effects of COVID-19, strong growth in demand related to ships and construction machinery, and the impact of the weaker yen. Revenue increased 10.3% year on year to ¥27,569 million.」
The impact of the weaker yen, together with the recovery in demand and other factors, emerged in actual results as a contributor to revenue growth. - FY2022-Q3MitigatedAnnual report
「Net assets for the third quarter of the fiscal year increased 2.9% from the end of the previous consolidated fiscal year to ¥66,433 million. This was mainly attributable to increases in retained earnings and the foreign currency translation adjustment.」
The foreign currency translation adjustment improved from negative ¥1,170 million at the end of the previous consolidated fiscal year to negative ¥429 million, contributing to the increase in net assets. - FY2022-Q2MitigatedAnnual report
「Net assets for the second quarter of the fiscal year increased 3.0% from the end of the previous consolidated fiscal year to ¥66,444 million. This was mainly attributable to increases in retained earnings and the foreign currency translation adjustment.」
The foreign currency translation adjustment improved from negative ¥1,170 million at the end of the previous fiscal year to negative ¥376 million, contributing to the increase in net assets. - FY2022-Q1MitigatedAnnual report
「Net assets for the first quarter of the fiscal year increased 1.8% from the end of the previous consolidated fiscal year to ¥65,729 million. This was mainly attributable to increases in retained earnings and the foreign currency translation adjustment.」
The foreign currency translation adjustment improved from negative ¥1,170 million at the end of the previous fiscal year to negative ¥398 million, contributing to the increase in net assets. - FY2021WorsenedAnnual report
「The foreign currency translation adjustment changed from negative ¥654 million in the previous consolidated fiscal year to negative ¥1,170 million.」
The negative foreign currency translation adjustment widened, and the translation impact of the overseas business has been reflected in net assets. In addition, a foreign exchange loss of ¥111 million was recorded during the fiscal year. - FY2021-Q3WorsenedAnnual report
「Net assets for the third quarter of the fiscal year decreased 7.3% from the end of the previous consolidated fiscal year to ¥59,489 million. This was mainly attributable to decreases in the foreign currency translation adjustment and retained earnings.」
The decrease in the foreign currency translation adjustment was one of the main causes of the 7.3% decrease in net assets from the end of the previous consolidated fiscal year. - FY2021-Q2MaterialisedAnnual report
「Net assets for the second quarter of the fiscal year decreased 7.3% from the end of the previous consolidated fiscal year to ¥59,479 million. This was mainly attributable to an increase in the negative foreign currency translation adjustment and a decrease in retained earnings.」
The increase in the negative foreign currency translation adjustment emerged in the financial position as one of the main causes of the 7.3% decrease in net assets. - FY2021-Q1MaterialisedAnnual report
「Foreign exchange loss 222」
A foreign exchange loss of ¥222 million was recorded in the first quarter, and the impact of foreign exchange movements was reflected in profit and loss. The negative foreign currency translation adjustment also increased. - FY2020-Q1MitigatedAnnual report
「Net assets for the first quarter of the fiscal year increased slightly from the end of the previous consolidated fiscal year to ¥65,257 million. This was mainly attributable to a reduction in the negative foreign currency translation adjustment, despite a decrease in retained earnings.」
The negative foreign currency translation adjustment decreased, reducing the impact of foreign exchange movements on net assets that had become apparent at the end of the previous fiscal year. - FY2019-Q3MaterialisedAnnual report
「Foreign-exchange losses 195」
A foreign exchange loss of ¥195 million was recorded during the nine-month period of the fiscal year, and the impact of foreign exchange movements has been reflected in profit and loss. - FY2019-Q1MaterialisedAnnual report
「Net assets at the end of the first quarter consolidated accounting period decreased 1.5% from the end of the previous consolidated fiscal year to ¥57,075 million. This was mainly because, although retained earnings increased, the foreign currency translation adjustment account decreased.」
The decline in the foreign currency translation adjustment account emerged in the actual financial position as a factor behind the decrease in net assets. The income statement also recorded foreign-exchange losses of ¥183 million. - FY2017MaterialisedAnnual report
「Overseas sales also increased by ¥2,207 million (+6.0%). By location, Asia increased by ¥577 million (+3.6%) year on year, driven largely by higher sales in China and Thailand. North America increased by ¥1,889 million (+23.2%) year on year, despite a decline in the construction machinery sector, due to higher-than-expected production of automotive engine bearings in Mexico. In Europe, including Russia, sales increased in local-currency terms due to expansion in the automotive business, but declined by ¥259 million (△2.1%) year on year after the impact of exchange rates.」
Higher sales in Europe in local-currency terms became a decline in yen-denominated sales after translation, and the impact of exchange-rate movements emerged in full-year results. - FY2017-Q3MaterialisedAnnual report
「Although production volumes in the Group's automotive industry-related business remained solid amid recovery trends in China, the United States and Europe, sales translated into yen declined due to yen appreciation during the third quarter cumulative consolidated period.」
The decline in overseas sales translated into yen due to yen appreciation emerged in actual results during the third quarter cumulative period as well. - FY2017-Q2WorsenedAnnual report
「Although production volumes in the automotive industry-related business remained solid on stronger demand in China, the United States and Europe, sales translated into yen declined due to yen appreciation. As a result, Group-wide sales were ¥39,314 million, down 6.4% from the same quarter of the previous year.」
The decline in sales translated into yen due to yen appreciation recurred following the previous quarter, resulting in a 6.4% decrease in sales. The company also recorded foreign-exchange losses of ¥475 million. - FY2017-Q1MaterialisedAnnual report
「In addition to the decline in overseas sales translated into yen due to yen appreciation, Group-wide sales were ¥20,135 million, down 0.5% from the same quarter of the previous year.」
The decline in overseas sales translated into yen due to yen appreciation emerged in actual results. The company also recorded foreign-exchange losses of ¥226 million. - FY2016First statedAnnual report
「As foreign-currency transactions, including US dollar- and euro-denominated transactions, increase with the steady expansion of overseas consolidated subsidiaries, their operating results and asset valuations may be affected by exchange rates at the time of translation.」
Identifies the increase in foreign-currency transactions accompanying overseas business expansion as the background to foreign-exchange risk.