Exposure to U.S. dollar and renminbi exchange-rate fluctuations
First written in FY2016. 12 of 32 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-08-04.
The whole theme swung hardest in 2025: 71 of 159 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「The following shows the impact on profit before tax in the consolidated income statement if the yen weakens by 1% against the US dollar and Chinese yuan.」
For a 1% weakening of the yen, the impact on profit before income taxes decreased from ¥158 million to ¥68 million for the US dollar and from ¥11 million to ¥4 million for the Chinese yuan. - FY2026-H1MaterialisedAnnual report
「Revenue for the current interim consolidated accounting period decreased to ¥126,375 million, down 0.7% year on year, as higher sales in India and China were offset in part by the impact of the stronger yen.」
Unlike the previous boost to revenue from the weaker yen, the stronger yen is reflected in actual results for the current interim consolidated accounting period as a factor behind the decline in revenue. - FY2025-H1MaterialisedAnnual report
「Revenue for the current interim consolidated accounting period increased to ¥127,323 million, up 8.9% year on year, due in part to higher sales in India and Indonesia and the weaker yen.」
The impact of the weaker yen is reflected in actual results as a factor behind the increase in revenue, and exposure to exchange-rate fluctuations in the US dollar and other currencies is affecting results for the current interim consolidated accounting period. - FY2024-Q3MaterialisedAnnual report
「For the nine-month period ended this quarter, revenue was ¥177,508 million, up 9.3% year on year, driven by increased sales in Indonesia, India and the United States and the depreciation of the yen.」
The impact of the weaker yen is reflected in actual results as a factor behind the increase in revenue, and exposure to exchange-rate fluctuations in the US dollar and other currencies is affecting results for the cumulative period of the third quarter of the current consolidated fiscal year. - FY2024-Q1MaterialisedAnnual report
「Against this backdrop, revenue for the first quarter of the current consolidated cumulative period increased to ¥56,440 million, up 16.5% year on year, due in part to higher sales in Indonesia and the US and the weaker yen.」
The impact of the weaker yen is reflected in actual results as a factor behind the increase in revenue, and exposure to exchange-rate fluctuations in the US dollar and other currencies is affecting results for the current quarter. - FY2023Changes in foreign exchange sensitivityAnnual report
「The following shows the impact on profit before tax in the consolidated income statement if the yen weakens by 1% against the US dollar and Chinese yuan.」
For a 1% weakening of the yen, the impact on profit before income taxes increased for the US dollar from ¥46 million in the previous fiscal year to ¥79 million, while it decreased for the Chinese yuan from ¥9 million to ¥6 million. - FY2023-Q3MaterialisedAnnual report
「Despite the impact of production cuts, revenue increased to ¥162,355 million, up 32.0% year on year, due in part to higher sales in India and the US and the weaker yen.」
The impact of the weaker yen is reflected in actual results as a factor behind the increase in revenue, and exposure to exchange-rate fluctuations in the US dollar and other currencies is affecting results for the cumulative period of the current quarter. - FY2023-Q2MaterialisedAnnual report
「For the six-month period ended this quarter, despite the impact of production cuts, revenue was ¥107,148 million, up 35.0% year on year, driven by increased sales in India and the United States and the depreciation of the yen.」
The impact of the weaker yen is reflected in actual results as a factor behind the increase in revenue, and exposure to exchange-rate fluctuations in the US dollar and other currencies is affecting results for the current quarter. quantified is true, materialized is true. - FY2023-Q1MaterialisedAnnual report
「Despite the impact of production cuts, revenue was ¥48,441 million, up 26.1% year on year, driven by increased sales in India and the United States and the depreciation of the yen.」
The depreciation of the yen was reflected in actual results as a factor increasing revenue, and exposure to fluctuations in the US dollar and other currencies affected results for the current quarter. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2021MitigatedAnnual report
「The following shows the impact on profit before tax in the consolidated income statement if the yen weakens by 1% against the US dollar and Chinese yuan.」
The impact on profit before tax of a 1% depreciation of the yen decreased from ¥130 million to ¥94 million for the US dollar and from ¥16 million to ¥7 million for the Chinese yuan. - FY2021-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2021-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2020WorsenedAnnual report
「The main factors behind the decrease in operating profit were a decrease in profit accompanying lower revenue, an increase in research and development expenses, foreign exchange effects, and the recognition of compensation expenses and impairment losses, among other factors.」
The Company recorded foreign exchange losses of ¥2,030 million in the current fiscal year, and finance costs increased from ¥299 million in the previous fiscal year to ¥2,253 million. The adverse impact of foreign exchange movements on profit has expanded. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2019RestatedAnnual report
「The following shows the impact on profit before tax in the consolidated income statement if the yen weakens by 1% against the US dollar and Chinese yuan.」
The Company continued to disclose foreign exchange sensitivity, showing an impact on profit before tax of ¥146 million for the US dollar and ¥41 million for the Chinese yuan if the yen weakens by 1%. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2018WorsenedAnnual report
「Finance costs consist mainly of interest expense, losses on the sale of financial assets, and foreign exchange losses.」
Foreign exchange losses increased from ¥347 million in the previous fiscal year to ¥568 million. Foreign exchange sensitivity also increased to ¥147 million for the US dollar and ¥39 million for the Chinese yuan, from ¥145 million and ¥35 million, respectively, in the previous fiscal year. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The Company states that there were no material changes to existing risks, including exposure to fluctuations in the US dollar, Chinese yuan, and other currencies. - FY2018-Q2MitigatedAnnual report
「Quarterly profit before tax was ¥7,380 million, up 128.6% year on year, as the impact of foreign exchange losses recorded in the previous fiscal year disappeared.」
The impact of foreign exchange losses incurred in the previous fiscal year disappeared, and the adverse impact of foreign exchange movements on quarterly profit before tax was reduced, according to the disclosure. - FY2018-Q1MitigatedAnnual report
「Quarterly profit before tax was ¥3,352 million, up 153.9% year on year, as the impact of foreign exchange losses recorded in the previous fiscal year disappeared.」
The impact of foreign exchange losses incurred in the previous fiscal year disappeared in the current quarter, and the adverse impact of foreign exchange movements on quarterly profit before tax was reduced, according to the disclosure. - FY2017MitigatedAnnual report
「Profit before tax was ¥11,419 million, up 40.7% year on year, as foreign exchange losses decreased.」
Foreign exchange losses decreased from ¥2,265 million in the previous fiscal year to ¥347 million in the current fiscal year, reducing the adverse impact of foreign exchange movements on profit compared with the previous fiscal year. Foreign exchange sensitivity continued to be disclosed at ¥145 million for the US dollar and ¥35 million for the Chinese yuan. - FY2017-Q3MaterialisedAnnual report
「During the current nine-month period of the consolidated fiscal year, unit sales of four-wheel vehicle clutches increased in the United States, but the stronger yen and lower sales of two-wheel vehicle clutches in Indonesia affected results, and revenue was ¥114,660 million, down 8.9% year on year.」
The stronger yen continued to be reflected in actual results as a factor weighing on revenue, and exposure to fluctuations in the US dollar, Chinese yuan, and other currencies had an impact. - FY2017-Q2MaterialisedAnnual report
「Quarterly profit before tax was ¥3,229 million, down 35.7% year on year, due to the impact of foreign exchange losses.」
The impact of the stronger yen and foreign exchange losses weighed on quarterly profit before tax, and exposure to fluctuations in the US dollar, Chinese yuan, and other currencies continued to be reflected in actual results. - FY2017-Q1MaterialisedAnnual report
「During the three-month period ended 30 June, sales of clutches for four-wheel vehicles increased in the United States, but sales of clutches for two-wheel vehicles decreased mainly in Thailand and Indonesia. In addition, the stronger yen had an impact, resulting in revenue of ¥38,858 million, down 6.2% year on year. Quarterly profit before tax was ¥1,320 million, down 31.4% year on year, due to the impact of foreign exchange losses.」
The foreign exchange risk materialized in actual results, with the stronger yen affecting revenue and foreign exchange losses weighing on quarterly profit before tax. - FY2016First statedAnnual report
「The following shows the impact on profit before tax in the consolidated income statement if the yen weakens by 1% against the US dollar and Chinese yuan.」
The sensitivity analysis shows that a 1% depreciation of the yen would affect profit before tax by ¥140 million for the US dollar and ¥39 million for the Chinese yuan.