Foreign Exchange Risk Associated with Foreign-Currency Purchases
First written in FY2016. 7 of 40 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-10-09.
Advan Group moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 42 of 66 companies on the "Worse" side.
20 other companies' latest entry also says "Materialised".
- FY2026Sharp increase in foreign exchange forward valuation gainsAnnual report
「Meanwhile, as the yen depreciated at the end of the fiscal year, valuation gains on forward exchange contracts increased from ¥14,292 million at the end of the fiscal year ending March 2025 to ¥21,032 million at the end of the fiscal year ending March 2026. As a result, the ¥6,739 million increase from the revaluation adjustment was recorded under non-operating income.」
As the yen depreciated, valuation gains on forward exchange contracts increased from ¥14,292 million at the end of the previous fiscal year to ¥21,032 million, and the ¥6,739 million increase was recorded under non-operating income. - FY2026-H1Valuation gains on forward exchange contracts increasedAnnual report
「At the end of the interim consolidated accounting period, valuation gains on forward exchange contracts had increased from ¥14,292 million at the end of the fiscal year ending March 2025 to ¥15,893 million at the end of September 2025. As a result, the ¥1,600 million increase from the revaluation adjustment was recorded under non-operating income.」
Valuation gains on forward exchange contracts increased from ¥14,292 million at the end of the fiscal year ending March 2025 to ¥15,893 million at the end of September 2025, and valuation gains of ¥1,600 million from the revaluation adjustment were recorded under non-operating income. The impact of foreign exchange movements continues to be reflected in profit and loss. - FY2025Valuation gains on forward exchange contracts decreased significantlyAnnual report
「As a result of recording valuation gains of ¥2,441 million on forward exchange contracts from year-end revaluation adjustments, compared with valuation gains of ¥9,543 million in the previous fiscal year, ordinary profit was ¥8,761 million, down 45.9% year on year, and net income attributable to owners of the parent was ¥6,012 million, down 41.6%.」
Valuation gains on forward exchange contracts decreased significantly to ¥2,441 million from ¥9,543 million in the previous fiscal year, contributing to declines in ordinary profit and net income attributable to owners of the parent. - FY2025-H1WorsenedAnnual report
「As the yen strengthened at the end of the interim consolidated accounting period, valuation gains on forward exchange contracts decreased from ¥11,850 million at the end of the fiscal year ending March 2024 to ¥10,615 million at the end of September 2024. As a result, the ¥1,235 million decrease from the revaluation adjustment was recorded under non-operating expenses.」
As the yen strengthened, valuation gains on forward exchange contracts decreased from ¥11,850 million to ¥10,615 million, and ¥1,235 million was recorded under non-operating expenses. The impact of foreign exchange movements is adversely affecting profit and loss. - FY2024Sharp increase in foreign exchange forward valuation gainsAnnual report
「As a result of recording valuation gains of ¥9,543 million on forward exchange contracts from year-end revaluation adjustments, due to the sharp depreciation of the yen during the fiscal year, compared with valuation losses of ¥1,270 million in the previous fiscal year, ordinary profit was ¥16,194 million, up 213.9% year on year, and net income attributable to owners of the parent was ¥10,299 million, up 206.1%.」
The company swung from valuation losses of ¥1,270 million in the previous year to valuation gains of ¥9,543 million in the current year, a significant increase that had a substantial impact on ordinary profit and net income. - FY2024-Q3Reversal from valuation losses to gains on forward exchange contracts, with an increaseAnnual report
「As a result of recording valuation gains of ¥5,083 million on forward exchange contracts from revaluation adjustments at the end of the third quarter, compared with valuation losses of ¥1,912 million in the same period of the previous year,」
The company swung from valuation losses of ¥1,912 million on forward exchange contracts in the same period of the previous year to valuation gains of ¥5,083 million in the third quarter. Fluctuations in valuation gains and losses arising from foreign exchange movements continue to be reflected in its results. - FY2024-Q2Valuation gains on forward exchange contracts increased year on yearAnnual report
「As a result of recording valuation gains of ¥5,929 million on forward exchange contracts from revaluation adjustments at the end of the cumulative second quarter, compared with valuation gains of ¥3,469 million in the same period of the previous year, ordinary profit was ¥9,678 million, up 45.7% year on year, and quarterly net income attributable to owners of the parent was ¥6,175 million, up 41.7%.」
The disclosure states that valuation gains on forward exchange contracts increased to ¥5,929 million from ¥3,469 million in the same period of the previous year, contributing to increases in ordinary profit and quarterly net income attributable to owners of the parent. - FY2024-Q1Valuation gains on forward exchange contracts increased year on yearAnnual report
「At the end of the cumulative first quarter, the company recorded valuation gains of ¥4,389 million on forward exchange contracts from revaluation adjustments, compared with valuation gains of ¥2,106 million in the same period of the previous year, resulting in」
Valuation gains on forward exchange contracts increased to ¥4,389 million from ¥2,106 million in the same period of the previous year. Fluctuations in valuation gains and losses arising from foreign exchange movements are reflected in the company's results. - FY2023WorsenedAnnual report
「In the current fiscal year, the company recorded valuation losses of ¥1,270 million on forward exchange contracts under non-operating expenses, compared with valuation gains of ¥1,325 million on forward exchange contracts in the previous fiscal year.」
The company swung from valuation gains of ¥1,325 million in the previous fiscal year to valuation losses of ¥1,270 million on forward exchange contracts in the current fiscal year, with the adverse impact of foreign exchange movements appearing in its results. - FY2023-Q3WorsenedAnnual report
「As a result of recording derivative valuation losses of ¥1,912 million from revaluation adjustments at the end of the third quarter, compared with valuation gains of ¥806 million in the same period of the previous year, ordinary profit was ¥2,992 million, down 29.2% year on year, and quarterly net income attributable to owners of the parent was ¥1,915 million, down 33.6%.」
The company swung from valuation gains of ¥806 million in the same period of the previous year to valuation losses of ¥1,912 million, with the impact of foreign exchange movements appearing as declines in ordinary profit and net income attributable to owners of the parent. - FY2023-Q2Derivative valuation gains increased significantly year on yearAnnual report
「As a result of recording derivative valuation gains of ¥3,469 million, compared with valuation gains of ¥454 million in the same period of the previous year, ordinary profit was ¥6,644 million, up 158.0% year on year, and quarterly net income attributable to owners of the parent was ¥4,359 million, up 146.5%.」
The disclosure states that derivative valuation gains increased to ¥3,469 million from ¥454 million in the same period of the previous year, contributing to increases in ordinary profit and quarterly net income attributable to owners of the parent. - FY2023-Q1Derivative valuation gains increased year on yearAnnual report
「At the end of the cumulative first quarter, the company recorded derivative valuation gains of ¥2,106 million from revaluation adjustments, compared with valuation gains of ¥211 million in the same period of the previous year.」
While continuing to use forward exchange contracts to hedge the foreign exchange risk arising when purchasing merchandise, derivative valuation gains increased to ¥2,106 million from ¥211 million in the same period of the previous year. - FY2022Reversal from derivative valuation losses to gains, with an increaseAnnual report
「Because the company is exposed to foreign exchange risk when settling merchandise purchases, it enters into forward exchange contracts. At the end of the fiscal year, it recorded derivative valuation gains of ¥1,325 million from revaluation adjustments, compared with valuation losses of ¥1,115 million in the previous fiscal year.」
The company swung from valuation losses of ¥1,115 million in the previous fiscal year to valuation gains of ¥1,325 million in the current fiscal year. The disclosure also mentions the impact of the yen's depreciation. - FY2022-Q3Reversal from derivative valuation losses to valuation gainsAnnual report
「Because the company is exposed to foreign exchange risk when purchasing merchandise, it enters into forward exchange contracts. At the end of the third quarter, it recorded derivative valuation gains of ¥806 million from revaluation adjustments, compared with valuation losses of ¥950 million in the same period of the previous year.」
While continuing to use forward exchange contracts to hedge the foreign exchange risk arising when purchasing merchandise, the company swung from valuation losses of ¥950 million in the same period of the previous year to valuation gains of ¥806 million. - FY2022-Q2Reversal from derivative valuation losses to valuation gainsAnnual report
「Because the company is exposed to foreign exchange risk when purchasing merchandise, it enters into forward exchange contracts. At the end of the cumulative second quarter, it recorded derivative valuation gains of ¥454 million from revaluation adjustments, compared with valuation losses of ¥259 million in the same period of the previous year.」
While continuing to use forward exchange contracts to hedge the foreign exchange risk arising when purchasing merchandise, the company swung from valuation losses of ¥259 million in the same period of the previous year to valuation gains of ¥454 million. - FY2022-Q1Derivative valuation gains decreased year on yearAnnual report
「At the end of the cumulative first quarter, the company recorded derivative valuation gains of ¥211 million from revaluation adjustments, compared with valuation gains of ¥296 million in the same period of the previous year.」
While continuing to use forward exchange contracts to hedge the foreign exchange risk arising when purchasing merchandise, derivative valuation gains decreased to ¥211 million from ¥296 million in the same period of the previous year. - FY2021-Q3WorsenedAnnual report
「Partly due to the strengthening yen at the end of the cumulative third quarter, the company recorded derivative valuation losses of ¥950 million from revaluation adjustments and other factors, compared with valuation gains of ¥1,245 million in the same period of the previous year.」
With the yen strengthening, the company swung from valuation gains of ¥1,245 million in the same period of the previous year to valuation losses of ¥950 million, increasing the adverse impact of foreign exchange movements. - FY2021-Q2Reversal from derivative valuation gains to valuation lossesAnnual report
「For the cumulative second quarter, the company recorded derivative valuation losses of ¥259 million from revaluation adjustments, compared with valuation gains of ¥361 million in the same period of the previous year.」
The company swung from valuation gains in the same period of the previous year to derivative valuation losses of ¥259 million for the cumulative second quarter. - FY2021-Q1Reversal from derivative valuation losses to valuation gainsAnnual report
「Because the company is exposed to foreign exchange risk when purchasing merchandise, it enters into some forward exchange contracts. At the end of the first quarter, it recorded derivative valuation gains of ¥296 million from revaluation adjustments, compared with valuation losses of ¥298 million in the same period of the previous year.」
While partially hedging the foreign exchange risk arising when purchasing merchandise, the company swung from valuation losses of ¥298 million in the same period of the previous year to valuation gains of ¥296 million in the first quarter. - FY2020Derivative valuation gains increased for the full yearAnnual report
「Derivative valuation gains at the end of the fiscal year were ¥2,585 million, compared with valuation gains of ¥1,943 million in the previous fiscal year.」
While partially hedging forward exchange contracts, derivative valuation gains increased to ¥2,585 million from ¥1,943 million in the previous fiscal year. - FY2020-Q3Derivative valuation gains increased year on yearAnnual report
「For the cumulative third quarter, the company recorded derivative valuation gains of ¥1,245 million from revaluation adjustments and other factors, compared with valuation gains of ¥959 million in the same period of the previous year.」
While partially hedging the foreign exchange risk arising when purchasing merchandise, derivative valuation gains increased to ¥1,245 million from ¥959 million in the same period of the previous year. - FY2020-Q2Derivative valuation gains decreased year on yearAnnual report
「The company recorded ¥361 million in derivative valuation gains from remeasurement during the cumulative second quarter consolidated period, compared with a ¥1,189 million gain in the same period of the previous year.」
While partially hedging the foreign exchange risk arising when purchasing merchandise, derivative valuation gains decreased to ¥361 million from ¥1,189 million in the same period of the previous year. - FY2020-Q1Reversal to derivative valuation losses as the yen appreciatesAnnual report
「The company partially hedges foreign exchange risk when purchasing merchandise, but as the yen appreciated in the foreign exchange market, it recorded ¥298 million in derivative valuation losses from remeasurement during the cumulative first quarter consolidated period, compared with a ¥751 million valuation gain in the same period of the previous year.」
Derivative valuation results reversed from gains in the previous full fiscal year and the same period of the previous year to a ¥298 million derivative valuation loss as the yen appreciated. - FY2019Reversal to valuation gains amid the yen's depreciation and interest-rate movementsAnnual report
「Derivative valuation gains at the end of the consolidated fiscal year amounted to ¥1,943 million, compared with a ¥1,000 million valuation loss in the previous period.」
Derivative valuation results reversed from a loss in the previous period to a ¥1,943 million gain amid the yen's depreciation trend and volatility in the US interest-rate market. Meanwhile, the depreciation of the yen in foreign exchange settlement rates raised the cost ratio in the building materials business. - FY2019-Q3Higher cost ratio and increased derivative valuation gains due to the yen's depreciationAnnual report
「The business environment for the building materials business remained solid, supported by construction demand from public- and private-sector investment. However, delays in construction schedules and the yen's depreciation against the previous year in foreign exchange settlement rates raised the cost ratio. As a result, revenue from the building materials business during the cumulative third quarter consolidated period was ¥14,155 million, down 0.3% year on year, and operating profit was ¥4,414 million, down 5.4%. The company also partially hedges foreign exchange risk when purchasing merchandise and recorded ¥959 million in derivative valuation gains during the cumulative third quarter consolidated period from remeasurement and other factors, compared with a ¥515 million gain in the same period of the previous year.」
While the yen's depreciation raised the cost ratio in the building materials business, derivative valuation gains on foreign exchange forwards increased from ¥515 million in the same period of the previous year to ¥959 million. - FY2019-Q2Derivative valuation gains increased amid the yen's depreciation trendAnnual report
「As the yen remained on a depreciating trend, the company recorded ¥1,189 million in derivative valuation gains from remeasurement at the end of the cumulative second quarter consolidated period, compared with a ¥488 million gain in the same period of the previous year.」
While partially hedging foreign exchange risk associated with merchandise purchases, the company saw valuation gains increase from ¥488 million in the same period of the previous year to ¥1,189 million amid the yen's depreciation trend. - FY2019-Q1Derivative valuation gains increased year on yearAnnual report
「The company partially hedges foreign exchange risk when purchasing merchandise, and recorded ¥751 million in derivative valuation gains during the cumulative first quarter consolidated period from remeasurement and other factors, compared with a ¥311 million gain in the same period of the previous year.」
The company continued to hedge foreign exchange risk associated with merchandise purchases, and derivative valuation gains increased from ¥311 million in the same period of the previous year to ¥751 million. - FY2018WorsenedAnnual report
「The company partially hedges foreign exchange risk when purchasing merchandise. However, the yen appreciated rapidly toward the end of the fiscal year because of a sharp decline in US equities, moving from ¥112 to the dollar at the end of the previous period to ¥106 at the end of the current period. As a result, the company recorded ¥1,000 million in derivative valuation losses from remeasurement at the end of the consolidated fiscal year, compared with a ¥148 million valuation loss in the previous period.」
Derivative valuation losses increased from ¥148 million in the previous period to ¥1,000 million as the yen appreciated, worsening the loss impact of foreign exchange risk. - FY2018-Q3Derivative valuation gains increased year on yearAnnual report
「The company hedges foreign exchange risk when purchasing merchandise, and recorded ¥515 million in derivative valuation gains during the cumulative third quarter consolidated period from remeasurement and other factors, compared with a ¥359 million gain in the same quarter of the previous year.」
The company continued to hedge foreign exchange risk associated with merchandise purchases, and derivative valuation gains increased from ¥359 million in the same quarter of the previous year to ¥515 million. - FY2018-Q2MitigatedAnnual report
「The company hedges foreign exchange risk when purchasing merchandise, and recorded ¥488 million in derivative valuation gains during the cumulative second quarter consolidated period from remeasurement and other factors, compared with a ¥1,695 million valuation loss in the same quarter of the previous year.」
The company continued to hedge foreign exchange risk, with derivative valuation gains turning from a ¥1,695 million loss in the same quarter of the previous year to a ¥488 million gain in the current quarter. - FY2017MitigatedAnnual report
「Derivative valuation losses on foreign exchange forwards amounted to ¥148 million after remeasurement, a substantial decrease from the ¥1,459 million valuation loss in the previous period.」
Valuation losses on foreign exchange forwards continued to arise, but declined substantially from ¥1,459 million in the previous period to ¥148 million. - FY2017-Q3Valuation gains and losses reversed as the direction of exchange-rate movements reversedAnnual report
「In addition, because of the yen's rapid depreciation, the company recorded ¥359 million in derivative valuation gains on foreign exchange forwards with maturities of more than 36 months during the third quarter results period.」
The direction of derivative valuation gains and losses reversed from valuation losses caused by the yen's rapid appreciation through the previous quarter to a ¥359 million valuation gain caused by the yen's rapid depreciation. - FY2017-Q2WorsenedAnnual report
「In addition, because of the rapid appreciation of the yen, the company recorded ¥1,695 million in derivative valuation losses on foreign exchange forwards with maturities of more than 36 months during the second quarter results period, following remeasurement.」
Because of the yen's rapid appreciation, derivative valuation losses on foreign exchange forwards with maturities of more than 36 months increased to ¥1,695 million. The loss increased from ¥1,501 million in the previous quarter, and the valuation loss actually materialized, quantifying the risk. - FY2017-Q1WorsenedAnnual report
「Because of the recent rapid appreciation of the yen following the Brexit issue, the company recorded ¥1,501 million in derivative valuation losses during the cumulative first quarter consolidated period on foreign exchange forwards with maturities of more than 36 months, due to remeasurement and other factors.」
Derivative valuation losses caused by the yen's rapid appreciation increased from the ¥1,459 million reported for the previous fiscal year to ¥1,501 million, contributing to the recognition of an ordinary loss and a quarterly net loss. - FY2016First statedAnnual report
「Because of the rapid appreciation of the yen since the start of the year, derivative valuation losses related to foreign exchange forwards amounted to ¥1,459 million following remeasurement.」
Foreign exchange risk associated with purchases denominated in foreign currencies materialized as valuation losses because of the yen's rapid appreciation.