Impact of Yen Appreciation and Foreign Exchange Movements on Earnings and Net Assets
First written in FY2017-Q1. 10 of 24 entries say "Worsened", first in FY2017. Latest entry: FY2026.
Vt Holdings moved to the "Worse" side of this theme in 2017, 1 year before the typical company in this theme (2018).
The whole theme swung hardest in 2019: 69 of 120 companies on the "Worse" side.
38 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Foreign currency translation adjustment 10 1,867」
The foreign currency translation adjustment increased from ¥10 million in the previous fiscal year to ¥1,867 million, expanding the positive impact of foreign currency translation. - FY2026-H1MitigatedAnnual report
「Foreign currency translation adjustment △ 107 847」
The foreign currency translation adjustment changed from negative ¥107 million in the same period of the previous year to ¥847 million, changing the impact of foreign currency translation from negative to positive. - FY2025WorsenedAnnual report
「Foreign currency translation adjustment 1,775 10」
The foreign currency translation adjustment decreased from ¥1,775 million in the previous fiscal year to ¥10 million. In addition, a foreign exchange loss of ¥25 million was recorded in the current fiscal year. - FY2024-Q3MitigatedAnnual report
「Foreign currency translation adjustment 38 1,107」
The foreign currency translation adjustment increased from ¥38 million in the same period of the previous year to ¥1,107 million, expanding the positive impact of foreign currency translation. - FY2024-Q1MitigatedAnnual report
「Foreign currency translation adjustment 394 1,214」
The foreign currency translation adjustment increased from ¥394 million in the same period of the previous year to ¥1,214 million, expanding the positive impact of foreign currency translation. - FY2023-Q3WorsenedAnnual report
「Foreign currency translation adjustment 110 38」
The foreign currency translation adjustment decreased from ¥110 million in the same period of the previous year to ¥38 million, reducing the positive impact year on year. - FY2023-Q2MitigatedAnnual report
「Foreign currency translation adjustment △ 125 216」
The foreign currency translation adjustment improved from a negative ¥125 million in the same period of the previous year to ¥216 million in the six months ended September 30, changing from a negative to a positive impact from foreign currency translation. - FY2023-Q1MitigatedAnnual report
「Foreign currency translation adjustment 68 394」
The foreign currency translation adjustment increased from ¥68 million in the same period of the previous year to ¥394 million, expanding the positive impact of foreign currency translation. - FY2022-Q3WorsenedAnnual report
「Foreign currency translation adjustment 533 110」
The foreign currency translation adjustment decreased from ¥533 million in the same period of the previous year to ¥110 million in the nine months ended December 31, reducing the positive impact of foreign currency translation. - FY2022-Q2WorsenedAnnual report
「Foreign currency translation adjustment for foreign operations 281 △ 125」
The foreign currency translation adjustment for foreign operations declined from ¥281 million in the year-earlier period to negative ¥125 million in the first half, indicating a deterioration in the impact of foreign currency translation. - FY2021MitigatedAnnual report
「Foreign exchange gain — 277」
The company recorded a ¥277 million foreign exchange gain for the year, an improvement from the previous year's ¥221 million foreign exchange loss. The foreign currency translation adjustment for foreign operations also improved from negative ¥500 million in the previous year to ¥1,064 million. - FY2021-Q3MitigatedAnnual report
「Foreign currency translation adjustment for foreign operations △ 4 533」
The foreign currency translation adjustment for foreign operations improved from negative ¥4 million in the year-earlier period to positive ¥533 million in the first nine months, indicating an improvement in the adverse impact of foreign currency translation. - FY2021-Q2MitigatedAnnual report
「Foreign currency translation adjustment for foreign operations △512 281」
Compared with a negative ¥512 million foreign currency translation adjustment for foreign operations in the year-earlier period, the amount was ¥281 million in the first half, indicating an improvement in the adverse impact of foreign currency translation. - FY2020WorsenedAnnual report
「Foreign currency translation adjustment for foreign operations △ 500」
A negative ¥500 million foreign currency translation adjustment for foreign operations was recorded for the consolidated fiscal year, confirming an adverse impact from foreign currency translation on the overseas business for the full year. - FY2020-Q2WorsenedAnnual report
「Foreign currency translation adjustment for foreign operations △ 512」
A negative ¥512 million foreign currency translation adjustment for foreign operations was recorded in the first half, quantifying the adverse impact of foreign currency translation on the overseas business. - FY2019RestatedAnnual report
「For each reporting period, the impact on profit before tax in the consolidated income statement of a 1% appreciation of the Japanese yen against the Australian dollar and pound is as follows.」
The Group continues to recognize foreign exchange risk associated with its overseas business and discloses the sensitivity of profit before tax to a 1% appreciation of the yen against the Australian dollar and pound. - FY2019-Q3WorsenedAnnual report
「Foreign exchange loss － 225」
Compared with a ¥165 million foreign exchange gain in the year-earlier period, the company recorded a ¥225 million foreign exchange loss for the first nine months. The foreign currency translation adjustment account also changed from negative ¥3 million at the end of the previous fiscal year to negative ¥374 million. - FY2019-Q2WorsenedAnnual report
「Foreign exchange loss — 142」
Compared with a ¥123 million foreign exchange gain in the year-earlier period, the company recorded a ¥142 million foreign exchange loss for the first half. The foreign currency translation adjustment account also changed from negative ¥3 million at the end of the previous fiscal year to negative ¥204 million. - FY2019-Q1WorsenedAnnual report
「Foreign exchange loss — 151」
Compared with a ¥61 million foreign exchange gain in the year-earlier period, the company recorded a ¥151 million foreign exchange loss for the first quarter. The foreign currency translation adjustment account also changed from negative ¥3 million at the end of the previous fiscal year to negative ¥272 million. - FY2018-Q3MitigatedAnnual report
「Foreign exchange gain — 165」
Compared with a ¥54 million foreign exchange loss in the year-earlier period, the company recorded a ¥165 million foreign exchange gain for the first nine months. The foreign currency translation adjustment account also changed from negative ¥517 million at the end of the previous fiscal year to ¥65 million. - FY2017WorsenedAnnual report
「The Group is affected by exchange-rate fluctuations in the regions where it operates because it sells automobiles through local subsidiaries in Europe, Australia and South Africa, and imports and exports automobiles through domestic subsidiaries.」
The Group identifies foreign exchange risk associated with the expansion of its overseas business. In the consolidated financial statements, the foreign currency translation adjustment account changed from negative ¥156 million at the end of the previous fiscal year to negative ¥517 million. - FY2017-Q3RestatedAnnual report
「This was mainly due to increases of ¥380 million in retained earnings and ¥316 million in non-controlling interests, and a ¥463 million decrease in the foreign currency translation adjustment account due to the stronger yen, among other factors.」
The decrease in the foreign currency translation adjustment account due to the stronger yen continues to be cited as a factor behind changes in net assets. - FY2017-Q2RestatedAnnual report
「This was mainly due to a ¥748 million increase in retained earnings and a ¥530 million decrease in the foreign currency translation adjustment account due to the stronger yen, among other factors.」
The decrease in the foreign currency translation adjustment account due to the stronger yen continues to be cited as a factor behind changes in net assets. - FY2017-Q1First statedAnnual report
「This was mainly due to a ¥504 million decrease in retained earnings resulting primarily from dividend payments and a ¥290 million decrease in the foreign currency translation adjustment account due to the stronger yen, among other factors.」
The ¥290 million decrease in the foreign currency translation adjustment account due to the stronger yen is cited as a factor behind the decrease in net assets. A ¥165 million foreign exchange loss was also recorded.