Impact of Rapid Yen Appreciation on Foreign-Currency Transactions
First written in FY2016. 9 of 39 entries say "Mitigated", first in FY2022-Q2. Latest entry: 2026-10-27.
The whole theme swung hardest in 2025: 70 of 158 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Foreign exchange gain: ¥220.491 million」
Compared with the foreign exchange loss of ¥285.971 million recorded in the previous fiscal year, the Group recorded a foreign exchange gain of ¥220.491 million in the current fiscal year, mitigating the downward pressure on earnings from exchange-rate fluctuations. - 2026-05-13MitigatedEarnings
「Ordinary income increased year on year, mainly because the Company recorded foreign-exchange gains.」
The Company recorded ¥220 million in foreign-exchange gains during the period, reducing the downward impact of currency movements on profit compared with the previous fiscal year. - FY2026-H1MitigatedAnnual report
「Foreign exchange gain － ¥75.452 million」
Compared with the foreign exchange loss of ¥157 million in the same period of the previous year, the Group recorded a foreign exchange gain of ¥75.452 million for the first six months of the current fiscal year, mitigating the downward pressure on earnings from exchange-rate fluctuations during the interim period. - FY2025WorsenedAnnual report
「Foreign exchange loss － ¥285.971 million」
The foreign exchange gain of ¥242.589 million in the previous fiscal year turned into a foreign exchange loss of ¥285.971 million in the current fiscal year. The downward pressure on earnings from exchange-rate fluctuations, including the sharp appreciation of the yen, increased in the full-year results. - FY2025-H1MaterialisedAnnual report
「Ordinary profit decreased year on year due to a foreign exchange loss caused by a sharp appreciation of the yen」
A foreign exchange loss of ¥157 million was recorded due to the sharp appreciation of the yen, and ordinary profit decreased by ¥210 million year on year to ¥650 million. The foreign exchange risk has materialised as a factor weighing on earnings. - FY2024Foreign exchange gains increasedAnnual report
「Foreign exchange gain ¥205.229 million ¥242.589 million」
The foreign exchange gain for the current fiscal year was ¥242.589 million, up from ¥205.229 million in the previous fiscal year. Exchange-rate fluctuations continued to be reflected as gains rather than losses. - FY2024-Q3Foreign exchange gains decreased year on yearAnnual report
「Foreign exchange gain ¥131.227 million ¥126.518 million」
The foreign exchange gain for the first nine months was ¥126.518 million, down from ¥131.227 million in the same period of the previous year. However, exchange-rate fluctuations continued to be reflected as gains rather than losses. - FY2024-Q2Foreign exchange gains decreased slightlyAnnual report
「Foreign exchange gain ¥209.695 million ¥206.124 million」
The foreign exchange gain for the first six months of the current fiscal year was ¥206.124 million, slightly down from ¥209.695 million in the same period of the previous year. Exchange-rate fluctuations continued to be reflected as gains. - FY2024-Q1Foreign exchange gains increasedAnnual report
「Foreign exchange gain ¥139.452 million ¥158.362 million」
The foreign exchange gain for the first quarter of the current fiscal year was ¥158.362 million, up from ¥139.452 million in the same period of the previous year. - FY2023Foreign exchange gains increasedAnnual report
「Foreign exchange gain: ¥166.862 million ¥205.229 million」
The foreign exchange gain increased from ¥166.862 million in the previous fiscal year to ¥205.229 million in the current fiscal year. The impact of foreign-currency-denominated transactions was reflected as a contribution to earnings in the current fiscal year. - FY2023-Q3Foreign exchange gains narrowedAnnual report
「Foreign exchange gain ¥48.900 million ¥131.227 million」
The Group recorded a foreign exchange gain of ¥131.227 million for the first nine months of the current fiscal year, exceeding the ¥48.900 million recorded in the same period of the previous year. However, this was down from the ¥209.695 million foreign exchange gain recorded as of the previous quarterly reporting period. - FY2023-Q2MitigatedAnnual report
「Foreign exchange gain ¥38.843 million ¥209.695 million」
Compared with the foreign exchange gain of ¥38.843 million in the same period of the previous year, the Group recorded a foreign exchange gain of ¥209.695 million for the first six months of the current fiscal year, mitigating the downward pressure on earnings from exchange-rate fluctuations. - FY2023-Q1MitigatedAnnual report
「Foreign exchange gain ¥24.808 million ¥139.452 million」
The Group recorded a foreign exchange gain of ¥139.452 million for the first quarter of the current fiscal year, mitigating the downward pressure on earnings from exchange-rate fluctuations associated with foreign-currency-denominated transactions. - FY2022MitigatedAnnual report
「Foreign exchange gain: ¥166.862 million」
The foreign exchange loss of ¥37.266 million in the previous fiscal year turned into a foreign exchange gain of ¥166.862 million in the current fiscal year, mitigating the downward pressure on earnings from exchange-rate fluctuations. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gain － ¥48.900 million」
Compared with the foreign exchange loss of ¥228.165 million in the same period of the previous year, the Group recorded a foreign exchange gain of ¥48.900 million for the first nine months of the current fiscal year, mitigating the downward pressure on earnings from exchange-rate fluctuations. - FY2022-Q2MitigatedAnnual report
「Foreign exchange gain: ¥38.843 million」
The foreign exchange loss of ¥153.651 million recorded in the same period of the previous year turned into a foreign exchange gain of ¥38.843 million for the first six months of the current fiscal year, mitigating the downward pressure on earnings from exchange-rate fluctuations. - FY2021WorsenedAnnual report
「Foreign exchange loss ¥27.307 million ¥37.266 million」
The foreign exchange loss increased from ¥27.307 million in the previous fiscal year to ¥37.266 million, intensifying the downward pressure on earnings from foreign-currency-denominated transactions. - FY2021-Q3WorsenedAnnual report
「Foreign exchange loss ¥23.892 million ¥228.165 million」
The foreign exchange loss for the first nine months of the current fiscal year was ¥228.165 million, a substantial increase from ¥23.892 million in the same period of the previous year. The downward pressure on earnings from exchange-rate fluctuations associated with foreign-currency-denominated transactions has intensified. - FY2021-Q2WorsenedAnnual report
「Foreign exchange loss ¥3.699 million ¥153.651 million」
The foreign exchange loss for the first six months of the current fiscal year was ¥153.651 million, a substantial increase from ¥3.699 million in the same period of the previous year. - FY2021-Q1WorsenedAnnual report
「Foreign exchange loss ¥2.499 million ¥75.333 million」
The foreign exchange loss for the first quarter of the current fiscal year was ¥75.333 million, up from ¥2.499 million in the same period of the previous year. The downward pressure on earnings from exchange-rate fluctuations associated with foreign-currency-denominated transactions has intensified. - FY2020Foreign exchange losses continued, but the amount of the loss decreasedAnnual report
「Foreign exchange loss: ¥27.307 million」
The foreign exchange loss continued, but decreased from ¥38.728 million in the previous fiscal year to ¥27.307 million. - FY2020-Q3Foreign exchange losses continued, but the amount of the loss decreasedAnnual report
「Foreign exchange gain ¥6.333 million －」
Compared with the foreign exchange gain of ¥6.333 million recorded in the same period of the previous year, a foreign exchange loss of ¥23.892 million was recorded for the first nine months of the current fiscal year. The adverse impact of exchange-rate fluctuations continued, but the loss decreased from the ¥54.217 million foreign exchange loss recorded for the first six months. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss ¥54.217 million ¥3.699 million」
A foreign exchange loss of ¥3.699 million was recorded for the first six months of the current fiscal year, and the impact of exchange-rate fluctuations associated with foreign-currency-denominated transactions continues to be reflected in the results. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss － ¥2.499 million」
A foreign exchange loss of ¥2.499 million was recorded for the first quarter of the current fiscal year, compared with a foreign exchange gain in the same period of the previous year. The impact of exchange-rate fluctuations associated with foreign-currency-denominated transactions has materialised in the results. - FY2019MaterialisedAnnual report
「Some transactions in the Group’s product business are denominated in foreign currencies, and a sharp appreciation of the yen could adversely affect net sales and earnings. Foreign exchange loss: ¥38.728 million」
The foreign exchange risk associated with foreign-currency-denominated transactions continues to be disclosed, and a foreign exchange loss of ¥38.728 million was recorded in the current fiscal year. - FY2019-Q3Foreign-exchange gains significantly reducedAnnual report
「Foreign-exchange gains 120,008 6,333」
Foreign-exchange gains totaled ¥6,333 thousand during the cumulative third quarter under review, a significant decrease from ¥120,008 thousand in the same period of the previous year. Although foreign-exchange losses were not recorded, the contribution of foreign exchange to profit weakened. - FY2019-Q2MaterialisedAnnual report
「Foreign-exchange losses － 54,217」
Compared with foreign-exchange gains of ¥148,836 thousand in the same period of the previous year, foreign-exchange losses of ¥54,217 thousand were recorded for the cumulative second quarter under review, showing that exchange-rate movements had again become an actual factor weighing on profit. - FY2019-Q1Continued recognition of foreign exchange gainsAnnual report
「Foreign-exchange gains 68,275 38,032」
Foreign-exchange gains of ¥38,032 thousand were recorded in the first quarter under review. Although this was down from ¥68,275 thousand in the same period of the previous year, gains rather than losses continued to be recorded. - FY2018RestatedAnnual report
「Some of the Group's product business transactions are denominated in foreign currencies, and sharp yen appreciation may adversely affect revenue and profitability.」
The impact of sharp yen appreciation associated with foreign-currency-denominated transactions on revenue and profitability continues to be identified as a risk. Foreign-exchange losses of ¥51,661 thousand were recorded for the fiscal year. - FY2018-Q3RestatedAnnual report
「Foreign-exchange gains － 120,008」
Foreign-exchange gains of ¥120,008 thousand were recorded during the cumulative third quarter under review. The contribution of foreign-exchange gains to profit, which had been noted through the previous quarter, is also confirmed numerically. - FY2018-Q2Continued contribution of foreign-exchange gains to profitAnnual report
「Profit increased year on year due to expanded sales, the effects of business integration, and foreign-exchange gains.」
As in the previous quarter, foreign-exchange gains are identified as a factor contributing to increased profit. The shift from foreign-exchange losses in the same period of the previous year to foreign-exchange gains has continued. - FY2018-Q1Foreign exchange impact reverses to a gainAnnual report
「Profit increased year on year due to expanded sales, the effects of business integration, and foreign-exchange gains.」
Whereas foreign-exchange losses had weighed on profit through the same period of the previous year, foreign-exchange gains are identified as a factor contributing to increased profit in the first quarter under review. - FY2017MaterialisedAnnual report
「Foreign-exchange losses 253,886」
Foreign-exchange effects, including yen appreciation, actually occurred, and foreign-exchange losses for the fiscal year totaled ¥253,886 thousand. The Company also reduced the risk associated with foreign-currency-denominated transactions through forward exchange contracts. - FY2017-Q3RestatedAnnual report
「At the Company, increased overseas demand contributed to securing valve sales volume at 105% of the same period of the previous year. However, revenue was slightly below the same period of the previous year due to the effects of yen appreciation and a change in the sales route for exports to NAFTA following the dissolution of the joint venture with TRW, with sales shifted to sales through the Company's subsidiary (due to the consumption of inventory held by the former joint-venture partner that had previously been sold by the Company). Profit was lower than in the same period of the previous year due to higher start-up costs for overseas subsidiaries as part of the Group's global expansion, foreign-exchange effects, and the amortization burden related to the valve business acquired from 三菱重工工作機械株式会社.」
Yen appreciation continued to affect revenue and profit, and foreign-exchange effects are identified as a factor weighing on profit. - FY2017-Q2RestatedAnnual report
「Profit was lower than in the same period of the previous year due to the impact of foreign-exchange losses resulting from yen appreciation and higher start-up costs for overseas subsidiaries as part of the Group's global expansion.」
Foreign-exchange losses resulting from yen appreciation continued to weigh on profit, with foreign-exchange losses of ¥290,479 thousand recorded for the cumulative second quarter. - FY2017-Q1MaterialisedAnnual report
「Profit was lower than in the same period of the previous year due to higher start-up costs for overseas subsidiaries as part of the Group's global expansion and foreign-exchange losses resulting from yen appreciation.」
Foreign-exchange losses resulting from yen appreciation actually occurred, totaling ¥155,925 thousand for the quarter. - FY2016First statedAnnual report
「Some of the Group's product business transactions are denominated in foreign currencies, and sharp yen appreciation may adversely affect revenue and profitability.」
Foreign-exchange risk related to overseas operations and foreign-currency-denominated operating receivables is noted.