Foreign-Exchange Risk Associated with Imported Products and Foreign-Currency Purchases
First written in FY2016. 14 of 34 entries say "Mitigated", first in FY2017-Q3. Latest entry: 2026-08-07.
The whole theme swung hardest in 2022: 33 of 59 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「Foreign-exchange gain 8,579」
The company recorded an ¥8 million foreign-exchange gain in the current quarter, compared with a ¥26 million foreign-exchange loss in the same period of the previous year, indicating an improvement in the impact of foreign-exchange movements on non-operating income and expenses. At the same time, imported costs continued to rise due to the weaker yen. - FY2026MitigatedAnnual report
「Foreign exchange gain 6,125」
The company swung from a foreign exchange loss of ¥34.183 million in the previous fiscal year to a foreign exchange gain of ¥6.125 million in the current fiscal year, improving the impact of exchange-rate movements on ordinary earnings. The impact of high import costs itself continues. - 2026-05-13RestatedEarnings
「The sharp rise in energy prices and the impact of sharp exchange-rate fluctuations are expected to affect the operating environment and performance of our group.」
The company reaffirmed its recognition of the risk that sharp exchange-rate fluctuations could affect its operating environment and performance. - FY2026-H1MitigatedAnnual report
「Foreign exchange loss 11,852」
The foreign exchange loss decreased from ¥39.082 million in the same period of the previous year to ¥11.852 million, reducing the adverse impact of exchange-rate movements on ordinary earnings. - FY2025MaterialisedAnnual report
「Foreign exchange loss 34,183」
The company recognised a foreign exchange loss of ¥34.183 million for the consolidated fiscal year, indicating that exchange-rate movements actually affected ordinary earnings alongside the increase in import costs caused by the weaker yen. - FY2025-H1MaterialisedAnnual report
「The company recognised a foreign exchange loss of ¥39 million from revaluing its foreign-currency-denominated receivables and payables at the period-end exchange rate.」
The company recognised a foreign exchange loss of ¥39 million from revaluing foreign-currency-denominated receivables and payables, indicating that exchange-rate movements actually had a downward impact on ordinary income. - FY2024-Q3MaterialisedAnnual report
「Import prices continue to rise due to yen depreciation, and although the impact of surging raw material prices is evident,」
Import prices have continued to rise due to the weaker yen, and the impact on foreign-currency-denominated purchases and import procurement costs has actually materialised. - FY2024-Q2Higher import costs and a foreign exchange gain occurring concurrentlyAnnual report
「In terms of earnings, with respect to operating income, the company sought to pass costs through to selling prices and secure earnings by reducing expenses, but was significantly affected by higher import costs for automotive floor mats due to soaring raw material prices and the depreciation of the yen. With respect to ordinary income, the depreciation of the yen at the end of the second consolidated quarter resulted in a foreign exchange gain of ¥87 million in non-operating income from revaluing the company's foreign-currency-denominated receivables and payables at the period-end exchange rate.」
While the depreciation of the yen pushed up import procurement costs, the company recognised a foreign exchange gain of ¥87 million from revaluing foreign-currency-denominated receivables and payables, indicating that exchange-rate movements affected both procurement costs and ordinary earnings. - FY2024-Q1RestatedAnnual report
「In terms of earnings, the company has been passing cost increases arising from raw material prices, yen depreciation and other factors through to selling prices」
Import and procurement costs associated with yen depreciation and other factors continue to rise, and the company is passing them through to selling prices. - FY2023-Q3WorsenedAnnual report
「The depreciation of the yen became the norm, pushing up import procurement prices. As a result, the company posted an operating loss of ¥342 million, compared with operating income of ¥152 million in the same period of the previous year. It recognised a foreign exchange gain of ¥176 million in non-operating income at the end of the second quarter from revaluing foreign-currency-denominated receivables and payables, but as the yen appreciated by the end of the third quarter, it recognised a foreign exchange loss of ¥87 million. Consequently, the foreign exchange gain for the cumulative third quarter was ¥88 million」
The normalisation of yen depreciation increased import procurement prices, and the subsequent shift to yen appreciation at the end of the third quarter resulted in a foreign exchange loss of ¥87 million. Exchange-rate movements affected both procurement costs and earnings. - FY2023-Q2WorsenedAnnual report
「The rapid depreciation of the yen and the resulting rise in import procurement prices and other costs exerted downward pressure, slowing the recovery and resulting in a difficult outcome in terms of earnings.」
The rise in import procurement prices accompanying the rapid depreciation of the yen exerted downward pressure, resulting in difficult earnings conditions. - FY2023-Q1Foreign exchange gain recognised during a period of sharp yen depreciationAnnual report
「Affected by exchange-rate movements caused by the sharp depreciation of the yen」
While describing the impact of exchange-rate movements caused by the sharp depreciation of the yen, the company notes that foreign exchange gains in non-operating income increased from ¥7.257 million in the same period of the previous year to ¥109.819 million. - FY2022-Q3MitigatedAnnual report
「Foreign exchange gain ¥34.236 million」
The company recognised a foreign exchange gain of ¥34.236 million for the cumulative third quarter, improving the adverse impact of exchange-rate movements on earnings from the foreign exchange loss of ¥22.685 million in the same period of the previous year. - FY2022-Q2MitigatedAnnual report
「Foreign exchange gain ¥21.631 million」
The company recognised a foreign exchange gain of ¥21.631 million for the cumulative second quarter, with no adverse impact from exchange-rate movements on earnings. - FY2021MitigatedAnnual report
「For imports into Japan, the company uses derivatives such as forward exchange contracts to mitigate the risk arising from exchange-rate fluctuations and strives to stabilise foreign-currency-denominated purchase prices.」
The company reiterates its measures to reduce risk through forward exchange contracts and other instruments. The current fiscal year saw a swing from a foreign exchange loss of ¥21.947 million in the previous year to a foreign exchange gain of ¥10.445 million. - FY2021-Q3WorsenedAnnual report
「Foreign exchange loss 22,685」
The foreign exchange loss for the cumulative third quarter was ¥22.685 million, up from ¥10.671 million in the same period of the previous year. The adverse impact of exchange-rate movements on earnings increased year on year. - FY2021-Q2MitigatedAnnual report
「Foreign exchange loss 10,752」
The foreign exchange loss for the cumulative second quarter was ¥10.752 million, down from ¥23.047 million in the same period of the previous year, reducing the adverse impact of exchange-rate movements on earnings. - FY2021-Q1MitigatedAnnual report
「Foreign exchange loss 2,932」
The foreign exchange loss for the cumulative first quarter was ¥2.932 million, down from ¥17.451 million in the same period of the previous year, reducing the adverse impact of exchange-rate movements on earnings. - FY2020MaterialisedAnnual report
「Foreign exchange loss ¥21.947 million」
The company recognised a foreign exchange loss of ¥21.947 million for the consolidated fiscal year, resulting in an adverse impact of exchange-rate movements on earnings. - FY2020-Q3MaterialisedAnnual report
「Foreign exchange loss 10,671」
Compared with a foreign exchange gain of ¥34.848 million in the same period of the previous year, the company recognised a foreign exchange loss of ¥10.671 million for the cumulative third quarter, resulting in an adverse impact of exchange-rate movements. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss 23,047」
The company recognised a foreign exchange loss of ¥23.047 million for the cumulative second quarter, resulting in an adverse impact of exchange-rate movements on earnings. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 17,451」
Compared with a foreign exchange gain of ¥38.011 million in the same period of the previous year, the company recognised a foreign exchange loss of ¥17.451 million for the cumulative first quarter, resulting in an adverse impact of exchange-rate movements on earnings. - FY2019MitigatedAnnual report
「Among other factors, the company recognised a foreign exchange gain of ¥27 million in non-operating income」
For the current consolidated fiscal year, the company recognised a foreign exchange gain of ¥27 million, improving the impact of exchange-rate movements on earnings from the foreign exchange loss in the previous fiscal year. - FY2019-Q3MitigatedAnnual report
「Foreign exchange gain ¥34.848 million」
The company recognised a foreign exchange gain of ¥34.848 million for the cumulative third quarter, improving the impact of exchange-rate movements on earnings from the foreign exchange gain of ¥13.314 million in the same period of the previous year. - FY2019-Q2MitigatedAnnual report
「Foreign exchange gain 55,841」
The company recognised a foreign exchange gain of ¥55.841 million for the cumulative second quarter, improving the impact of exchange-rate movements on earnings from the foreign exchange gain of ¥10.942 million in the same period of the previous year. - FY2019-Q1MitigatedAnnual report
「Foreign exchange gain ¥38.011 million」
The company recognised a foreign exchange gain of ¥38.011 million for the cumulative first quarter, an improvement in the impact of exchange-rate movements on earnings from the foreign exchange gain of ¥6.329 million in the same period of the previous year. - FY2018MaterialisedAnnual report
「Due to the impact of exchange-rate movements, the company recognised a foreign exchange loss of ¥45 million (¥50 million on a non-consolidated basis) in non-operating expenses」
The company swung from a foreign exchange gain in the previous fiscal year to a foreign exchange loss of ¥45 million in the current fiscal year, mainly due to revaluation of foreign-currency-denominated receivables and payables. - FY2018-Q2RestatedAnnual report
「Foreign exchange gain ¥10.942 million」
Compared with a foreign exchange loss of ¥62.198 million in the same period of the previous year, the company recognised a foreign exchange gain of ¥10.942 million for the cumulative second quarter, confirming again that the impact of exchange-rate movements on earnings had improved. - FY2018-Q1MitigatedAnnual report
「Foreign exchange gain ¥6.329 million」
Compared with a foreign exchange loss of ¥45.362 million recognised in the same period of the previous year, the company recognised a foreign exchange gain of ¥6.329 million in the first quarter, improving the impact of exchange-rate movements on earnings. - FY2017RestatedAnnual report
「The products, merchandise and raw materials handled by the company include imported items. As these are purchased in foreign currencies, the company uses derivatives such as forward exchange contracts to mitigate the risk arising from exchange-rate fluctuations and strives to stabilise foreign-currency-denominated purchase prices. However, it is impossible to completely avoid the effects of exchange-rate fluctuations, which in some cases may affect the operating results and financial position of the group.」
The company reiterates its policy of using forward exchange contracts and other measures for foreign-currency-denominated purchases, as well as the fact that the effects of exchange-rate fluctuations cannot be completely avoided. - FY2017-Q3MitigatedAnnual report
「In addition, following the sharp appreciation of the yen after the UK's decision to leave the EU, the yen reversed course and depreciated after the US presidential election, resulting in the recognition of a foreign exchange gain from translating the company's foreign-currency-denominated receivables and payables at the period-end exchange rate」
Foreign exchange losses arose due to the sharp appreciation of the yen through the previous quarter, but the shift to a weaker yen resulted in a foreign exchange gain for the cumulative quarter, improving the impact of exchange-rate movements on earnings. - FY2017-Q2WorsenedAnnual report
「Due to the impact of the sharp appreciation of the yen following the UK's decision to leave the EU in late June 2016 and the yen's continued strength thereafter, the company recognised a foreign exchange loss in non-operating expenses from translating its foreign-currency-denominated receivables and payables at the period-end exchange rate, resulting in ordinary income of ¥20 million, down 80.4% year on year」
Translation losses on foreign-currency-denominated receivables and payables continued to arise as the yen appreciated sharply and remained strong, resulting in a foreign exchange loss of ¥62.198 million for the cumulative second quarter. - FY2017-Q1MaterialisedAnnual report
「As of the fiscal year-end, the company was affected by a sharp appreciation of the yen and recognised a foreign exchange loss in non-operating expenses as a result of translating its foreign-currency-denominated receivables and payables at the period-end exchange rate, resulting in an ordinary loss of ¥33 million」
Translation losses on foreign-currency-denominated receivables and payables arose due to the sharp appreciation of the yen, and a foreign exchange loss of ¥45.362 million was recognised. - FY2016First statedAnnual report
「To mitigate foreign-exchange risk, we use derivative transactions such as currency forwards to stabilize purchase prices denominated in foreign currencies. However, it is impossible to completely avoid the effects of foreign-exchange movements.」
The company states that a weaker yen during the fiscal year significantly increased purchase prices and contributed to lower profitability in the automotive products business.