Impact of Yen Appreciation on Overseas Assets and Comprehensive Income
First written in FY2017-Q1. 19 of 32 entries say "Mitigated", first in FY2019-Q2. Latest entry: 2026-08-06.
Fuji Seal International moved to the "Worse" side of this theme in 2016, 1 year before the typical company in this theme (2017).
The whole theme swung hardest in 2020: 12 of 25 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- 2026-08-06MitigatedEarnings
「This was mainly due to an increase of ¥2.484 billion in retained earnings and an increase of ¥822 million in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account increased during the quarter and contributed to the increase in net assets. - FY2026MitigatedAnnual report
「Accumulated other comprehensive income Foreign currency translation adjustment 23,423 23,556」
The foreign currency translation adjustment increased by ¥133 million from the end of the previous fiscal year, turning to an increase for the full fiscal year from the ¥3,011 million decrease shown for FY2026-H1. - FY2026-H1WorsenedAnnual report
「Total equity was ¥14,835.1 million, an increase of ¥308.1 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥709.2 million in retained earnings, a decrease of ¥90.5 million resulting from the acquisition of treasury shares and other factors, and a decrease of ¥301.1 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment, which had continued to increase through the previous fiscal year, decreased by ¥301.1 million during the interim consolidated fiscal period, re-emerging as a negative factor for equity. - FY2025-H1MitigatedAnnual report
「Total equity was ¥14,421.9 million, an increase of ¥1,207.7 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥334.4 million in retained earnings and an increase of ¥842.0 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥842.0 million, and the trend continued to differ from the negative impact previously seen from declines in that account. - FY2024MitigatedAnnual report
「Total equity was ¥13,214.2 million, an increase of ¥1,157.0 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥836.0 million in retained earnings, an increase of ¥488.2 million in the foreign currency translation adjustment, and a decrease of ¥107.6 million resulting from the acquisition and disposal of treasury shares, among other factors.」
The foreign currency translation adjustment increased by ¥488.2 million, and the foreign exchange impact on overseas assets and comprehensive income continued to contribute to the increase in equity. - FY2024-Q3MitigatedAnnual report
「Total equity was ¥13,236.0 million, an increase of ¥1,178.8 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥568.5 million in retained earnings and an increase of ¥650.2 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥650.2 million, becoming a factor contributing to the increase in equity. The situation continued to differ from the negative impact previously seen from declines in the foreign currency translation adjustment. - FY2024-Q2MitigatedAnnual report
「Total equity was ¥13,032.2 million, an increase of ¥975.1 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥435.1 million in retained earnings and an increase of ¥567.0 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥567.0 million, becoming a factor contributing to the increase in equity. This differed from the previous situation, in which the foreign currency translation adjustment had continued to decline due to yen appreciation and other factors. - FY2024-Q1RestatedAnnual report
「Total equity was ¥12,293.2 million, an increase of ¥236.0 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥145.9 million in retained earnings and an increase of ¥96.8 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥96.8 million, and the foreign exchange impact on overseas assets and comprehensive income continued to contribute to the increase in equity. - FY2023MitigatedAnnual report
「Total equity was ¥12,057.1 million, an increase of ¥1,107.9 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥495.2 million in retained earnings and an increase of ¥563.8 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥563.8 million, making the foreign exchange impact on overseas assets and comprehensive income a factor contributing to the increase in equity. - FY2023-Q3MitigatedAnnual report
「This was mainly due to an increase of ¥147.8 million in retained earnings and an increase of ¥1,041.0 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥1,041.0 million, becoming a factor contributing to the increase in equity from the end of the previous fiscal year. The negative impact from declines in the foreign currency translation adjustment seen in the past did not arise in this disclosure. - FY2023-Q2MitigatedAnnual report
「Total equity was ¥12,050.6 million, an increase of ¥1,101.4 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥250.1 million in retained earnings and an increase of ¥813.6 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥813.6 million, becoming a factor contributing to the increase in equity. The impact expanded from the ¥333.7 million increase disclosed for the previous cumulative quarter. - FY2023-Q1MitigatedAnnual report
「Total equity was ¥11,392.1 million, an increase of ¥442.8 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥86.6 million in retained earnings and an increase of ¥333.7 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment increased by ¥333.7 million, becoming a factor contributing to the increase in equity from the end of the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「This was mainly due to an increase of ¥362.9 million in retained earnings, an increase of ¥250.4 million in the foreign currency translation adjustment, a decrease of ¥97.4 million resulting from the acquisition and disposal of treasury shares, and a decrease of ¥150.2 million in the accumulated adjustment for retirement benefits, among other factors.」
The foreign currency translation adjustment increased by ¥250.4 million, with increases continuing after its decline through the previous quarter. The negative impact of yen appreciation and other factors on overseas assets and comprehensive income was not a factor contributing to the increase in equity this time. - FY2022-Q2MitigatedAnnual report
「This was mainly due to an increase of ¥470.5 million in retained earnings, an increase of ¥199.9 million in the foreign currency translation adjustment, and a decrease of ¥97.4 million resulting from the acquisition and disposal of treasury shares, among other factors.」
The foreign currency translation adjustment turned from a decrease through the previous quarter to an increase of ¥199.9 million, making the foreign exchange impact on overseas assets and comprehensive income a factor contributing to the increase in equity. - FY2022-Q1MitigatedAnnual report
「This was mainly due to an increase of ¥188.7 million in retained earnings, an increase of ¥192.5 million in the foreign currency translation adjustment, and a decrease of ¥102.0 million resulting from the acquisition of treasury shares, among other factors.」
The foreign currency translation adjustment turned from a decrease through the previous quarter to an increase of ¥192.5 million, and the foreign exchange impact on overseas assets and comprehensive income was identified as a factor contributing to the increase in equity this time. - FY2021-Q3MitigatedAnnual report
「Total equity was ¥10,082.8 million, an increase of ¥318.8 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥444.1 million in retained earnings, a decrease of ¥47.1 million resulting from the acquisition and disposal of treasury shares, and a decrease of ¥74.1 million in the foreign currency translation adjustment, among other factors.」
The decrease in the foreign currency translation adjustment was ¥74.1 million, smaller than the ¥76.6 million decrease for the previous cumulative quarter. - FY2021-Q2WorsenedAnnual report
「Total equity was ¥9,955.4 million, an increase of ¥191.4 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥254.6 million in retained earnings and a decrease of ¥76.6 million in the foreign currency translation adjustment, among other factors. / Foreign exchange loss: ¥671.535 million」
In addition to the ¥76.6 million decrease in the foreign currency translation adjustment, the company recorded a foreign exchange loss of ¥671 million in the first half, showing that foreign exchange effects were also reflected in profit or loss. - FY2021-Q1WorsenedAnnual report
「Total equity was ¥9,810.2 million, an increase of ¥46.2 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥80.2 million in retained earnings and a decrease of ¥38.8 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment decreased by ¥38.8 million during the quarter, and the foreign exchange impact on overseas assets and comprehensive income since the end of the previous consolidated fiscal year continued. - FY2020-Q3WorsenedAnnual report
「Total equity was ¥9,744.4 million, an increase of ¥154.7 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥529.4 million in retained earnings, a decrease of ¥163.2 million resulting from the acquisition and disposal of treasury shares, and a decrease of ¥169.6 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment decreased by ¥169.6 million during the nine-month period, exceeding the ¥32.4 million decrease in the same period of the previous year. - FY2020-Q2MitigatedAnnual report
「Total equity was ¥9,761.8 million, an increase of ¥172.0 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥469.9 million in retained earnings, a decrease of ¥133.2 million resulting from the acquisition and disposal of treasury shares, and a decrease of ¥122.7 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment decreased by ¥122.7 million during the six-month period, smaller than the ¥187.3 million decrease in the same period of the previous year. - FY2020-Q1MitigatedAnnual report
「Foreign Currency Translation Adjustment」
The foreign currency translation adjustment decreased from ¥394.7 million at the end of the previous consolidated fiscal year to ¥374.4 million at the end of the first quarter, while the decrease recognized in other comprehensive income for the quarter was ¥21.3 million. The impact was smaller than the ¥239.4 million decrease in the same period of the previous year. - FY2019MitigatedAnnual report
「This was mainly due to an increase of ¥683.3 million in retained earnings, an increase of ¥118.3 million in the accumulated adjustment for retirement benefits, and a decrease of ¥157.4 million in the foreign currency translation adjustment, among other factors.」
Although the foreign currency translation adjustment decreased, the decrease was ¥157.4 million, smaller than the decrease in the previous fiscal year. - FY2019-Q3MitigatedAnnual report
「The foreign currency translation adjustment decreased from ¥5,522.169 million to ¥5,209.774 million.」
The foreign currency translation adjustment decreased by ¥31.2 million during the quarter, and the impact was smaller than the ¥246.9 million decrease disclosed for the previous quarter. - FY2019-Q2MitigatedAnnual report
「Total equity was ¥9,286.2 million, an increase of ¥351.8 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥475.1 million in retained earnings and a decrease of ¥176.6 million in the foreign currency translation adjustment, among other factors.」
Although the foreign currency translation adjustment continued to decline, the decrease was smaller, at ¥176.6 million, than the ¥246.9 million disclosed for the previous quarter. - FY2019-Q1WorsenedAnnual report
「Total equity was ¥8,931.5 million, a decrease of ¥2.8 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥219.8 million in retained earnings and a decrease of ¥246.9 million in the foreign currency translation adjustment, among other factors.」
The foreign currency translation adjustment decreased by ¥246.9 million at the quarter-end, quantifying the impact of yen appreciation and other factors on overseas assets and comprehensive income. - FY2018RestatedAnnual report
「In addition, because the amounts in the foreign-currency financial statements of overseas consolidated subsidiaries are translated into Japanese yen for the company's consolidated financial statements, those consolidated financial statements are affected by fluctuations in exchange rates between the yen and the relevant currencies.」
The company continues to identify foreign exchange risk arising from the translation of overseas subsidiaries' financial statements as a business or other risk. - FY2018-Q3RestatedAnnual report
「During the nine-month consolidated period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the business or other risks described for the previous fiscal year, including the impact of yen appreciation on overseas assets and comprehensive income. - FY2018-Q1RestatedAnnual report
「Total net assets were ¥8,335.9 million, an increase of ¥152.4 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥226.6 million increase in retained earnings and a ¥112.9 million decrease in the foreign currency translation adjustment account.」
The company continues to disclose a ¥112.9 million decrease in the foreign currency translation adjustment account as a factor contributing to changes in net assets at the quarter-end. - FY2017RestatedAnnual report
「This was mainly due to a ¥338.6 million decrease in property, plant and equipment, including a ¥253.5 million decrease due to currency translation. / This was mainly due to a ¥443.4 million increase in retained earnings and a ¥284.9 million decrease in the foreign currency translation adjustment account, among other factors.」
The annual results also disclosed decreases in property, plant and equipment and the foreign currency translation adjustment account due to currency translation, including the impact of yen appreciation. - FY2017-Q3WorsenedAnnual report
「This was mainly due to a ¥742.6 million decrease in property, plant and equipment, including a ¥605.1 million decrease due to currency translation. / Total net assets decreased by ¥365.9 million from the end of the previous consolidated fiscal year to ¥7,641.0 million, mainly due to a ¥377.7 million increase in retained earnings and a ¥789.5 million decrease in the foreign currency translation adjustment account.」
The decrease in property, plant and equipment due to currency translation was ¥605.1 million, while the decrease in the foreign currency translation adjustment account was ¥789.5 million, with the impact increasing from the previous disclosure. - FY2017-Q2WorsenedAnnual report
「This was mainly due to a ¥793.1 million decrease in property, plant and equipment, including a ¥575.2 million decrease due to currency translation. / The foreign currency translation adjustment account decreased by ¥772.7 million.」
The company disclosed a ¥575.2 million decrease in property, plant and equipment and a ¥772.7 million decrease in the foreign currency translation adjustment account as impacts of yen appreciation and currency translation, with the impact increasing from the previous disclosure. - FY2017-Q1First statedAnnual report
「The outlook remained uncertain due to the strengthening yen trend since the beginning of the year, among other factors. / Property, plant and equipment decreased by ¥277.0 million, including a ¥213.5 million decrease due to yen appreciation on currency translation.」
The company recognizes the strengthening yen as a risk and reports the decrease in property, plant and equipment attributable to currency translation.