Performance pressured by yen appreciation and foreign currency translation
First written in FY2017-Q1. 8 of 29 entries say "Softened", first in FY2018-Q1. Latest entry: FY2026.
Nihon Plast moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2019: 15 of 30 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2026Foreign exchange gains generated a positive contributionAnnual report
「Foreign exchange gain 343」
Foreign exchange shifted from a ¥160 million loss in the previous fiscal year to a ¥343 million gain in the current fiscal year, making a positive contribution to earnings. - FY2026-H1Foreign exchange gains decline but remain positiveAnnual report
「Foreign exchange gain 70 37」
The foreign exchange gain declined from ¥70 million in the same period of the previous year to ¥37 million, but foreign exchange continued to make a positive contribution to earnings. - FY2025-H1Foreign exchange gains decline sharply but remain positiveAnnual report
「Foreign exchange gain 634 70」
The foreign exchange gain declined sharply from ¥634 million in the same period of the previous year to ¥70 million, but foreign exchange continued to make a positive contribution to earnings. The sales figures also report an increase resulting from the translation of North American sales into yen. - FY2024-Q3Foreign exchange gains decline but remain positiveAnnual report
「Foreign exchange gain 416 606」
The foreign exchange gain increased from ¥416 million in the same period of the previous year to ¥606 million, but declined from ¥634 million in the previous nine-month period. Foreign exchange continued to make a positive contribution to earnings. - FY2024-Q2Foreign exchange gain increased year on yearAnnual report
「Foreign exchange gain 397 634」
The foreign exchange gain increased from ¥397 million in the same period of the previous year to ¥634 million, with foreign exchange continuing to make and expanding its positive contribution to earnings. - FY2024-Q1Foreign exchange gains decline but remain positiveAnnual report
「Foreign exchange gain 216 171」
Although the foreign exchange gain declined from ¥216 million in the same period of the previous year to ¥171 million, foreign exchange continued to make a positive contribution to earnings rather than weigh on them. - FY2023-Q3Foreign exchange effects continue to boost sales and foreign exchange gainsAnnual report
「Against this backdrop, sales for the nine-month period ended the third quarter remained challenging due to lower sales resulting from the continuing semiconductor shortage across all segments and the impact of the Shanghai lockdown in China. Nevertheless, sales increased 22.1% year on year to ¥75,476 million due to foreign exchange effects, the impact of new vehicle launches, and the partial pass-through to selling prices of higher raw material and other costs. / Foreign exchange gain 125 416」
Sales including foreign exchange effects increased 22.1% year on year, and a foreign exchange gain of ¥416 million was recorded. However, the underlying factors reducing sales, including the semiconductor shortage, remain. - FY2023-Q2Yen depreciation boosts sales and foreign exchange gains, while sales decline excluding foreign exchange effectsAnnual report
「Sales were ¥47,364 million, up 11.6% year on year, due to foreign exchange effects, the impact of new vehicle launches in Japan, and the partial pass-through to selling prices of higher raw material and other costs. Excluding foreign exchange effects and other factors, however, conditions remain challenging due to lower sales resulting from the continuing semiconductor shortage across all segments and the impact of the Shanghai lockdown in China.」
Consolidated sales increased due to foreign exchange effects, including yen depreciation, and foreign exchange gains of ¥397 million were recorded. Excluding foreign exchange effects, however, sales declined in all segments, indicating that the impact of foreign exchange on reported performance has shifted toward an uplift. - FY2023-Q1MitigatedAnnual report
「Foreign exchange gain － 216」
The first quarter recorded a foreign exchange gain of ¥216 million, and the situation in which foreign exchange does not weigh on earnings has continued from the ¥195 million annual gain in the previous fiscal year. quantified=true, materialized=true. - FY2022MitigatedAnnual report
「Foreign exchange gain 195」
The current fiscal year recorded a foreign exchange gain of ¥195 million, further reducing the downside risk to earnings from foreign exchange compared with the ¥39 million gain in the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gain － 125」
For the nine months ended the third quarter, a foreign exchange gain of ¥125 million was recorded, eliminating the impact of foreign exchange on earnings compared with the ¥132 million foreign exchange loss recorded in the same period of the previous year. - FY2022-Q2SoftenedAnnual report
「Foreign exchange loss 129 12」
The foreign exchange loss declined from ¥129 million in the same period of the previous year to ¥12 million, reducing the impact of foreign exchange on earnings. - FY2021SoftenedAnnual report
「Foreign exchange gain 39」
The current fiscal year recorded a foreign exchange gain of ¥39 million, eliminating the impact of foreign exchange on earnings compared with the ¥370 million foreign exchange loss in the previous fiscal year. - FY2021-Q2SoftenedAnnual report
「Foreign exchange loss 280 129」
The foreign exchange loss declined from ¥280 million in the same period of the previous year to ¥129 million, reducing the impact of foreign exchange on earnings year on year. - FY2021-Q1SoftenedAnnual report
「Foreign exchange loss 146 144」
The foreign exchange loss declined slightly from ¥146 million in the same period of the previous year to ¥144 million, slightly reducing the impact of foreign exchange on earnings year on year. - FY2020-Q3WorsenedAnnual report
「Foreign exchange loss 68 287」
The foreign exchange loss increased from ¥68 million in the same period of the previous year to ¥287 million for the nine months ended the third quarter, further increasing the impact on earnings from ¥280 million for the previous nine-month period. - FY2020-Q2WorsenedAnnual report
「Foreign exchange loss － 280」
For the six months ended the second quarter, a foreign exchange loss of ¥280 million was recorded, increasing the impact of foreign exchange on earnings from ¥146 million in the previous quarter. - FY2020-Q1WorsenedAnnual report
「Foreign exchange loss － 146」
The first quarter recorded a foreign exchange loss of ¥146 million, increasing the impact of foreign exchange on earnings from the ¥10 million loss for the previous fiscal year. - FY2019SoftenedAnnual report
「Foreign exchange loss was ¥10 million.」
The annual foreign exchange loss declined from ¥54 million in the previous fiscal year to ¥10 million. Although foreign exchange effects remain a factor behind the decline in North American sales, the extent to which foreign exchange has weighed on earnings has diminished. - FY2019-Q3WorsenedAnnual report
「North American sales were ¥34,984 million, down ¥2,733 million (7.2%) year on year, due to production cuts of the company's main sedan models, specification differences associated with a full model change, changes in product mix, the impact of flooding on customers in Mexico, foreign exchange effects and other factors.」
Foreign exchange effects continued to be cited as a factor behind the decline in North American sales, and a foreign exchange loss of ¥68 million was recorded for the nine months ended the third quarter. - FY2019-Q2RestatedAnnual report
「North American sales were ¥23,567 million, down ¥2,788 million (10.6%) year on year, due to production cuts of the company's main sedan models, specification differences associated with a full model change, changes in product mix, foreign exchange effects and other factors.」
Foreign exchange effects continue to be cited as a factor behind the decline in North American sales, but foreign exchange gains were ¥12 million, and there is no new indication that the overall impact of foreign exchange on performance has worsened. - FY2019-Q1SoftenedAnnual report
「Foreign exchange gain 14」
Foreign exchange gains were ¥14 million in the current quarter, reducing the extent to which foreign exchange weighed on performance from the ¥54 million foreign exchange loss for the previous fiscal year. The main reason for the decline in sales was also identified as production cuts of major vehicle models in North America. - FY2018Shift from foreign exchange gains to foreign exchange lossesAnnual report
「Foreign exchange loss was ¥54 million.」
While foreign exchange gains had been reported through the previous quarter, the current fiscal year recorded a foreign exchange loss of ¥54 million. The risk of translating overseas operations into yen also continues to be reported. - FY2018-Q3SoftenedAnnual report
「Non-operating income Foreign exchange gains 198 / Sales in Southeast Asia were ¥2,350 million, down ¥238 million (9.2%) year on year, due to production cuts by major customers. Segment loss was ¥125 million, compared with segment profit of ¥378 million in the same period of the previous year, due to foreign exchange effects and differences in product mix.」
At the consolidated level, no foreign exchange loss was reported and foreign exchange gains of ¥198 million were recorded, reducing the extent to which foreign exchange weighed on performance. In Southeast Asia, however, losses attributable to foreign exchange effects continue to be reported. - FY2018-Q2RestatedAnnual report
「Against this backdrop, revenue for the six months ended 30 September decreased 9.8% year on year to ¥57,469 million, mainly due to production cuts affecting the Company's core vehicle models in North America. Operating profit decreased 26.3% to ¥1,766 million due to the impact of lower revenue and other factors, while ordinary profit increased 2.6% to ¥1,882 million due to the impact of foreign exchange.」
The main cause of the overall decline in revenue was production cuts affecting core vehicle models in North America, while foreign exchange affected ordinary profit. The impact of lower revenue from currency translation in China continues to be cited. - FY2018-Q1SoftenedAnnual report
「Against this backdrop, revenue for the three months ended 30 June decreased 11.0% year on year to ¥29,015 million, mainly due to production cuts affecting core vehicle models in North America. Operating profit decreased 37.2% to ¥883 million due to the impact of lower revenue and other factors, while ordinary profit increased 5.9% to ¥973 million due to the recognition of a ¥99 million foreign exchange gain.」
The main cause of the decline in consolidated revenue for the quarter was production cuts affecting core vehicle models in North America, while foreign exchange gains of ¥99 million boosted ordinary profit. The downward impact of currency translation on consolidated results was less significant than in previous periods, although the impact of lower revenue from currency translation in China continues to be cited. - FY2017-Q3WorsenedAnnual report
「Against this backdrop, revenue for the nine months ended 31 December decreased 8.3% year on year to ¥95,103 million, mainly due to the impact of lower revenue on translation into yen. Operating profit increased 33.9% to ¥4,862 million, due to differences in the vehicle model mix, material cost rationalization, and other factors. Ordinary profit increased 56.9% to ¥4,329 million, due to the recognition of a ¥463 million foreign exchange loss.」
The decline in revenue due to currency translation widened to 8.3% year on year, from a 7.2% decline for the cumulative period through the previous quarter. A ¥463 million foreign exchange loss was recorded. - FY2017-Q2WorsenedAnnual report
「Against this backdrop, revenue for the six months ended 30 September decreased 7.2% year on year to ¥63,700 million, mainly due to the impact of lower revenue on translation into yen. Operating profit increased 24.5% to ¥2,396 million, due to differences in the vehicle model mix, material cost rationalization, and other factors. Ordinary profit increased 9.8% to ¥1,834 million, due to the recognition of a ¥545 million foreign exchange loss.」
Revenue declined 7.2% year on year on a cumulative basis due to currency translation, while a ¥545 million foreign exchange loss was also recorded, quantifying a larger impact than in the previous quarter. - FY2017-Q1First statedAnnual report
「Revenue decreased 2.3% year on year to ¥32,585 million, mainly due to the impact of lower revenue on translation into yen. Operating profit increased 45.8% to ¥1,406 million, due to differences in the vehicle model mix, material cost rationalization, and other factors. Ordinary profit decreased 0.2% to ¥919 million, due to the recognition of a ¥474 million foreign exchange loss.」
Lower revenue from currency translation and a ¥474 million foreign exchange loss were recorded.