Foreign Exchange Fluctuation Risk and Valuation Losses on Hedging Transactions
First written in FY2016. 19 of 36 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 21 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Non-operating income for the consolidated fiscal year increased by ¥546 million from the previous consolidated fiscal year to ¥1,524 million, mainly due to foreign exchange gains of ¥1,043 million, an increase of 55.8% year on year.」
While continuing to hedge through forward exchange contracts, currency options and other instruments, the company recorded foreign exchange gains of ¥1,043 million and derivative valuation gains of ¥86 million, improving foreign exchange-related gains and losses from the previous year. - FY2026-H1MitigatedAnnual report
「Foreign exchange gains ¥581,473 thousand Derivative valuation gains ¥86,114 thousand」
While continuing to hedge through forward exchange contracts, currency options and other instruments, the company recorded foreign exchange gains of ¥581 million and derivative valuation gains of ¥86 million in the interim period, compared with derivative valuation losses of ¥586 million in the same period of the previous year. - FY2025-H1MaterialisedAnnual report
「Derivative valuation losses − 586,017」
While hedging through forward exchange contracts, currency options and other instruments, the company recorded derivative valuation losses of ¥586 million in the interim consolidated accounting period. - FY2024MitigatedAnnual report
「Non-operating income for the consolidated fiscal year increased by ¥872 million from the previous consolidated fiscal year to ¥1,203 million, mainly due to foreign exchange gains of ¥649 million, an increase of 263.2% year on year.」
While continuing to hedge through forward exchange contracts, currency options and other instruments, the company recorded foreign exchange gains of ¥649 million, improving foreign exchange-related gains and losses from the previous year. - FY2024-Q3MitigatedAnnual report
「Foreign exchange gains − 439,264」
While hedging through forward exchange contracts, currency options and other instruments, cumulative foreign exchange gains in the third quarter amounted to ¥439 million, improving foreign exchange-related gains and losses from foreign exchange losses and derivative valuation losses in the same period of the previous year. - FY2024-Q2MitigatedAnnual report
「Foreign exchange gains 35,746 387,674」
While continuing to hedge through forward exchange contracts, currency options and other instruments, foreign exchange gains increased from ¥35 million in the same period of the previous year to ¥388 million. - FY2024-Q1MitigatedAnnual report
「Foreign exchange gains 105,447 314,656」
While hedging through forward exchange contracts, currency options and other instruments, foreign exchange gains in the first quarter amounted to ¥315 million, up from ¥105 million in the same period of the previous year. - FY2023MaterialisedAnnual report
「Foreign exchange forward contract Long US dollar 426,900 − △37,302 △37,302」
While hedging through forward exchange contracts and other instruments, the company recorded a ¥37 million valuation loss on forward exchange contracts during the year, resulting in derivative-related losses. - FY2023-Q3MaterialisedAnnual report
「Foreign exchange losses − 71,646 Derivative valuation losses − 169,037」
The company recorded ¥72 million in foreign exchange losses and ¥169 million in derivative valuation losses in the cumulative third quarter, resulting in foreign exchange-related losses despite hedging. - FY2023-Q2MitigatedAnnual report
「Foreign exchange gains 35,746」
Cumulative foreign exchange gains in the second quarter amounted to ¥36 million, improving foreign exchange-related gains and losses from foreign exchange losses of ¥9 million in the same period of the previous year. The hedging policy using forward exchange contracts, currency options and other instruments also remains in place. - FY2023-Q1MitigatedAnnual report
「The Group uses forward exchange contracts, currency options and other instruments to hedge the risk of exchange-rate movements and minimize their impact on product costs, but sharp exchange-rate movements may affect the Group's operating results and financial position.」
The hedging policy remains in place, and the company recorded foreign exchange gains of ¥105 million in the first quarter, up from ¥27 million in the same period of the previous year. - FY2022MitigatedAnnual report
「Foreign exchange gains 299,883」
While continuing to hedge through forward exchange contracts, currency options and other instruments, full-year foreign exchange gains amounted to ¥299 million, maintaining the improvement trend in foreign exchange-related gains and losses. - FY2022-Q3Foreign exchange gains continue but narrow year on yearAnnual report
「Foreign exchange gains 173,106 16,350」
The company recorded foreign exchange gains of ¥16 million in the cumulative third quarter, down from ¥173 million in the same period of the previous year. Its hedging policy using forward exchange contracts, currency options and other instruments remains in place. - FY2022-Q2MaterialisedAnnual report
「Foreign exchange losses − 8,871」
The company recorded ¥9 million in foreign exchange losses in the cumulative second quarter, causing foreign exchange-related gains and losses to deteriorate from foreign exchange gains of ¥120 million in the cumulative second quarter of the previous year. Although it hedges through forward exchange contracts, currency options and other instruments, the loss is materializing. - FY2022-Q1RestatedAnnual report
「Some materials and other inputs for the Group's main products, storage building materials for residential use, are procured from overseas subsidiaries. Exchange-rate movements may affect assets and liabilities arising from foreign-currency transactions and purchase prices. The Group uses forward exchange contracts, currency options and other instruments to hedge the risk of exchange-rate movements and minimize their impact on product costs, but sharp exchange-rate movements may affect the Group's operating results and financial position.」
The Group continues to address foreign exchange risk associated with overseas procurement and its hedging policy using forward exchange contracts, currency options and other instruments. - FY2021MitigatedAnnual report
「The Group uses forward exchange contracts, currency options and other instruments to hedge the risk of exchange-rate movements and minimize their impact on product costs, but sharp exchange-rate movements may affect the Group's operating results and financial position.」
While continuing to hedge through forward exchange contracts, currency options and other instruments, the company recorded foreign exchange gains of ¥283 million for the period. It continues to explain that the risk cannot be completely eliminated. - FY2021-Q3MitigatedAnnual report
「Foreign exchange gains − 173,106」
While hedging through forward exchange contracts, currency options and other instruments, the company recorded cumulative foreign exchange gains of ¥173 million through the third quarter, improving foreign exchange-related gains and losses from foreign exchange losses of ¥36 million in the same period of the previous year. - FY2021-Q2MitigatedAnnual report
「Foreign-exchange gains － 120,008」
While continuing to hedge through forward exchange contracts, currency options and other instruments, cumulative gains in the second quarter improved from foreign exchange losses of ¥137 million in the same period of the previous year to foreign exchange gains of ¥120 million. - FY2021-Q1MitigatedAnnual report
「Foreign exchange gains − 23,453」
While continuing to hedge through forward exchange contracts, currency options and other instruments, the company recorded foreign exchange gains of ¥23 million in the first quarter, improving foreign exchange-related gains and losses from foreign exchange losses of ¥53 million in the same period of the previous year. - FY2020MitigatedAnnual report
「Foreign exchange losses 125,434 102,915」
While continuing to hedge through forward exchange contracts, currency options and other instruments, full-year foreign exchange losses declined from ¥125 million in the previous year to ¥103 million. - FY2020-Q3MitigatedAnnual report
「Foreign exchange losses 115,419 36,048」
Cumulative foreign exchange losses for the third quarter amounted to ¥36 million, down from ¥115 million in the same period of the previous year. Although the company hedges through forward exchange contracts, currency options and other instruments, it continues to explain that foreign exchange risk is not completely eliminated. - FY2020-Q2WorsenedAnnual report
「The Group uses forward exchange contracts, currency options and other instruments to hedge foreign exchange risk and minimize the impact of exchange-rate movements on product costs, but sharp exchange-rate movements may affect the Group's operating results and financial position and do not necessarily eliminate foreign exchange risk completely.」
Although hedging has continued, cumulative foreign exchange losses for the second quarter amounted to ¥138 million, up from ¥15 million in the cumulative second quarter of the previous year. - FY2020-Q1WorsenedAnnual report
「The Group uses forward exchange contracts, currency options and other instruments to hedge foreign exchange risk and minimize the impact of exchange-rate movements on product costs, but sharp exchange-rate movements may affect the Group's operating results and financial position and do not necessarily eliminate foreign exchange risk completely.」
Although hedging has continued, cumulative foreign exchange losses for the first quarter amounted to ¥53 million, up from ¥29 million in the same period of the previous year. - FY2019WorsenedAnnual report
「The Group uses forward exchange contracts, currency options and other instruments to hedge foreign exchange risk and minimize the impact of exchange-rate movements on product costs, but sharp exchange-rate movements may affect the Group's operating results and financial position.」
Although hedging has continued, full-year foreign exchange losses amounted to ¥125 million, up from ¥62 million in the previous year. - FY2019-Q3WorsenedAnnual report
「Foreign exchange losses 13,176 115,419」
Cumulative foreign exchange losses for the third quarter amounted to ¥115 million, up from ¥13 million in the same period of the previous year. Although the company hedges through forward exchange contracts and other instruments, the impact of exchange-rate movements is materializing. - FY2019-Q2MaterialisedAnnual report
「Foreign exchange losses − 15,089」
The company recorded ¥15 million in foreign exchange losses in the cumulative second quarter, indicating that the impact of exchange-rate movements is materializing. Although it hedges through forward exchange contracts and other instruments, it continues to explain that such risks cannot be completely avoided. - FY2019-Q1MaterialisedAnnual report
「Foreign exchange losses 28,926」
In the cumulative first quarter, the company recorded ¥29 million in foreign exchange losses, and foreign exchange-related gains and losses deteriorated from foreign exchange gains of ¥25 million and derivative valuation gains of ¥101 million in the same period of the previous year. - FY2018MitigatedAnnual report
「Valuation gains on derivatives ¥232,791 Foreign exchange losses ¥62,327」
For the full year, the group recorded a ¥232 million valuation gain on derivatives and a ¥62 million foreign exchange loss, reducing the burden of foreign exchange- and hedging-related gains and losses from the previous year's ¥417 million foreign exchange loss and ¥382 million valuation gain on derivatives. - FY2018-Q3MitigatedAnnual report
「Our group uses forward exchange contracts and other instruments to hedge foreign exchange risk and minimise the impact of exchange-rate movements on product costs. However, sharp exchange-rate movements could affect our group's business performance and financial condition, and such hedges do not necessarily eliminate foreign exchange risk completely.」
The group continues to hedge with forward exchange contracts and other instruments. For the nine months, it recorded a ¥13 million foreign exchange loss against a ¥232 million valuation gain on derivatives, improving foreign exchange-related gains and losses from the same period of the previous year. - FY2018-Q2MitigatedAnnual report
「Foreign exchange gains － 20,675 Valuation gains on derivatives － 187,489」
For the six months ended the second quarter, the group recorded a ¥21 million foreign exchange gain and a ¥187 million valuation gain on derivatives, improving foreign exchange- and hedging-related gains and losses from the foreign exchange loss and valuation loss on derivatives recorded in the same period of the previous year. - FY2018-Q1MitigatedAnnual report
「Foreign exchange gains － 25,441 Valuation gains on derivatives － 101,275」
In the first quarter, the group recorded a ¥25 million foreign exchange gain and a ¥101 million valuation gain on derivatives, improving foreign exchange- and hedging-related gains and losses from the foreign exchange loss and valuation loss on derivatives recorded in the same period of the previous year. - FY2017MaterialisedAnnual report
「Foreign exchange loss ¥417 million, valuation gain on derivatives ¥383 million」
For the full year, the group incurred a ¥417 million foreign exchange loss and recorded a ¥382 million valuation gain on derivatives, indicating that the impact on earnings from exchange-rate movements and hedging transactions continued. - FY2017-Q3MaterialisedAnnual report
「Foreign exchange losses － 259,560 Valuation gains on derivatives － 294,553」
While a ¥259 million foreign exchange loss was incurred for the nine months, the group recorded a ¥294 million valuation gain on derivatives, indicating that the impact of foreign exchange-related gains and losses continued. - FY2017-Q2MaterialisedAnnual report
「Foreign exchange losses － 407,986 Valuation losses on derivatives 160,281 431,538」
During the six months ended the second quarter, the group recorded a ¥408 million foreign exchange loss and a ¥432 million valuation loss on derivatives, indicating that foreign exchange- and hedging-related losses had actually occurred. - FY2017-Q1MaterialisedAnnual report
「Foreign exchange losses － 223,229 Valuation losses on derivatives － 536,374」
The group recorded a ¥223 million foreign exchange loss and a ¥536 million valuation loss on derivatives during the quarter, indicating that foreign exchange- and hedging-related losses had actually occurred. - FY2016First statedAnnual report
「Our group uses currency options and other instruments to hedge foreign exchange risk and minimise the impact of exchange-rate movements on product costs. However, sharp exchange-rate movements could affect our group's business performance and financial condition.」
While hedging with currency options and other instruments, the group recorded a ¥578 million valuation loss on derivatives during the period.