Foreign-Exchange Risk Associated With Overseas Operations
First written in FY2016. 5 of 34 entries say "Worsened", first in FY2019-Q3. Latest entry: 2026-07-14.
The whole theme swung hardest in 2019: 69 of 120 companies on the "Worse" side.
33 other companies' latest entry also says "Other".
- 2026-07-14OtherEarnings
「This was mainly due to a ¥2,000 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased, reflecting the impact of foreign-exchange movements associated with overseas operations in net assets. - FY2026-H1The foreign currency translation adjustment account increased by ¥1,775 million, and a valuation loss on derivatives of ¥296 million was recorded.Annual report
「This was mainly due to increases of ¥1,645 million in retained earnings and ¥1,775 million in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased. Non-operating income included a foreign exchange gain of ¥17 million, while a derivative valuation loss of ¥296 million was recorded, and the impact of foreign exchange fluctuations associated with overseas operations continued. - FY2025WorsenedAnnual report
「Ordinary income was ¥5,194 million, up 32.3% year on year, following the recording of ¥822 million in non-operating expenses, including ¥474 million in interest expense.」
A foreign exchange loss of ¥75 million and a derivative loss of ¥165 million were recorded for the period, shifting from a foreign exchange gain in the previous fiscal year to foreign exchange-related losses. The foreign currency translation adjustment also decreased by ¥977 million. - FY2025-H1MaterialisedAnnual report
「Foreign exchange loss - 199」
A foreign exchange loss of ¥199 million was recorded, whereas none was recorded in the same period of the previous year. The foreign currency translation adjustment also decreased by ¥531 million, with the impact of foreign exchange fluctuations associated with overseas operations appearing in both profit or loss and net assets. - FY2024Foreign exchange gain decreased, while the foreign currency translation adjustment increasedAnnual report
「Non-operating income of ¥412 million recorded, including interest and dividend income of ¥79 million, compensation received of ¥141 million and a foreign exchange gain of ¥24 million」
The foreign exchange gain for the full fiscal year decreased from ¥262 million in the previous fiscal year to ¥24 million, while the foreign currency translation adjustment increased from ¥1,214 million to ¥2,991 million. - FY2024-Q3Foreign exchange gain decreased, while the foreign currency translation adjustment increasedAnnual report
「Foreign exchange gain 216 20 This was mainly due to increases of ¥1,038 million in retained earnings and ¥1,196 million in the foreign currency translation adjustment.」
The foreign exchange gain for the first 3 quarters decreased to ¥20 million from ¥216 million in the same period of the previous year, while the foreign currency translation adjustment increased by ¥1,196 million. The impact of foreign exchange fluctuations associated with overseas operations continued. - FY2024-Q2Foreign exchange gain decreased, while the foreign currency translation adjustment increasedAnnual report
「Non-operating income Interest income 12 34 Dividend income 0 0 Rental income 30 30 Foreign exchange gain 354 61 Other 48 75 Total non-operating income 447 202 Total net assets at the end of the second quarter of the current fiscal year were ¥27,981 million, an increase of ¥2,031 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥1,057 million in retained earnings and ¥886 million in the foreign currency translation adjustment.」
The foreign exchange gain for the first half decreased to ¥61 million from ¥354 million in the same period of the previous year, while the foreign currency translation adjustment increased by ¥886 million. The impact of foreign exchange fluctuations associated with overseas operations continued. - FY2024-Q1Foreign currency translation adjustment increased, while foreign exchange gain decreasedAnnual report
「Foreign exchange gain 347 2 This was mainly due to a ¥147 million decrease in retained earnings and a ¥765 million increase in the foreign currency translation adjustment.」
The foreign exchange gain in the first quarter decreased to ¥2 million from ¥347 million in the same period of the previous year. Meanwhile, the foreign currency translation adjustment increased by ¥765 million, and the impact of foreign exchange fluctuations associated with overseas operations continued. - FY2023Foreign exchange gains and the foreign currency translation adjustment account continued to increaseAnnual report
「Non-operating income of ¥461 million recorded, including interest and dividend income of ¥35 million and a foreign exchange gain of ¥262 million」
For the full fiscal year, a foreign exchange gain of ¥262 million was recorded, and the foreign currency translation adjustment also increased from ¥279 million at the end of the previous fiscal year to ¥1,214 million. The impact of foreign exchange fluctuations associated with overseas operations continued. - FY2023-Q3Foreign exchange gain recorded and foreign currency translation adjustment increasedAnnual report
「Non-operating income Interest and dividend income 23 Foreign exchange gain - 216 Other 71 Total non-operating income 358 This was mainly due to increases of ¥1,089 million in retained earnings and ¥462 million in the foreign currency translation adjustment.」
For the first 3 quarters, a foreign exchange gain of ¥216 million was recorded, and the foreign currency translation adjustment also increased by ¥462 million. The impact of foreign exchange fluctuations associated with overseas operations continued. - FY2023-Q2Foreign exchange gain increased, and the foreign currency translation adjustment also increasedAnnual report
「Non-operating income Interest and dividend income 13 Foreign exchange gain 354 Other 48 Total non-operating income 447 This was mainly due to increases of ¥1,131 million in retained earnings and ¥584 million in the foreign currency translation adjustment.」
For the first half, a foreign exchange gain of ¥354 million was recorded, up from ¥26 million in the same period of the previous year. The foreign currency translation adjustment also increased by ¥584 million, and the impact of foreign exchange fluctuations associated with overseas operations continued. - FY2023-Q1Foreign exchange gain recorded and foreign currency translation adjustment increasedAnnual report
「Ordinary income was ¥920 million, compared with ¥69 million in the same period of the previous year, due in part to the recording of a foreign exchange gain. This was mainly due to increases of ¥436 million in retained earnings and ¥559 million in the foreign currency translation adjustment.」
A foreign exchange gain of ¥347 million was recorded in the first quarter, contributing to higher ordinary income. Meanwhile, the foreign currency translation adjustment also increased by ¥559 million, and fluctuations arising from translating overseas operations into yen continued. - FY2022-Q3MitigatedAnnual report
「Foreign exchange loss 91 14 Derivative loss 60 39 Foreign currency translation adjustment - 810 - 536」
The foreign exchange loss for the first 3 quarters decreased from ¥91 million in the same period of the previous year to ¥14 million, while the derivative loss decreased from ¥60 million to ¥39 million. The negative foreign currency translation adjustment also narrowed from ¥810 million to ¥536 million. - FY2022-Q2Foreign exchange gain recorded and derivative loss decreased, while the foreign currency translation adjustment deterioratedAnnual report
「Foreign exchange gain - 26 Derivative loss 44 19 Foreign currency translation adjustment - 810 - 852」
For the first half, a foreign exchange gain of ¥26 million was recorded, while the derivative loss decreased from ¥44 million in the same period of the previous year to ¥19 million. Meanwhile, the negative foreign currency translation adjustment widened from ¥810 million to ¥852 million. - FY2022-Q1Foreign exchange and derivative losses decreased, while the foreign currency translation adjustment deterioratedAnnual report
「Foreign exchange loss 46 2 Derivative loss 42 20」
The foreign exchange loss in the first quarter decreased from ¥46 million in the same period of the previous year to ¥2 million, while the derivative loss decreased from ¥42 million to ¥20 million. Meanwhile, the negative foreign currency translation adjustment widened from ¥810 million at the end of the previous fiscal year to ¥1,016 million. - FY2021-Q3Foreign exchange loss increased, while derivative loss decreasedAnnual report
「Foreign exchange loss 30 91 Derivative loss 154 60」
The foreign exchange loss for the first 3 quarters increased to ¥91 million from ¥30 million in the same period of the previous year, while the derivative loss decreased from ¥154 million to ¥60 million. Foreign exchange-related effects therefore varied by line item. - FY2021-Q2Foreign exchange loss increased, while derivative loss decreasedAnnual report
「Foreign exchange loss 31 71 Derivative loss 112 44」
The foreign exchange loss in the first half increased to ¥71 million from ¥31 million in the same period of the previous year, while the derivative loss decreased to ¥44 million from ¥112 million. Foreign exchange-related effects continued, but varied by line item. - FY2021-Q1Foreign exchange and derivative losses continuedAnnual report
「Foreign exchange loss 18 46 Derivative loss 66 42」
In the first quarter, a foreign exchange loss of ¥46 million and a derivative loss of ¥42 million were recorded. Foreign exchange-related losses continued, while the derivative loss decreased from ¥66 million in the same period of the previous year. - FY2020WorsenedAnnual report
「Foreign exchange loss of ¥94 million, derivative loss of ¥165 million」
A foreign exchange loss of ¥94 million and a derivative loss of ¥165 million were recorded for the period, with the impact of foreign exchange-related gains and losses reflected in the results. - FY2020-Q3WorsenedAnnual report
「Foreign exchange loss 36 30 Derivative loss 4 154」
For the first 3 quarters, a foreign exchange loss of ¥30 million was recorded, and the derivative loss increased from ¥4 million in the same period of the previous year to ¥154 million. The foreign currency translation adjustment was negative ¥1,290 million, compared with negative ¥1,335 million at the end of the previous consolidated fiscal year, indicating a partial improvement in translation effects. - FY2020-Q2Translation effects improved, while foreign exchange-related losses continuedAnnual report
「This was mainly due to a ¥110 million increase in the foreign currency translation adjustment.」
The foreign currency translation adjustment increased by ¥110 million from the end of the previous consolidated fiscal year, narrowing the negative impact of translation into yen. Meanwhile, a foreign exchange loss of ¥31 million and a derivative loss of ¥112 million were recorded in the first half, and foreign exchange-related effects continued. - FY2020-Q1WorsenedAnnual report
「This was mainly due to decreases of ¥292 million in retained earnings and ¥342 million in the foreign currency translation adjustment.」
The foreign currency translation adjustment decreased by ¥342 million, increasing the negative impact of translating overseas operations into yen from the end of the previous consolidated fiscal year. - FY2019RestatedAnnual report
「The Group's operations include the production and sale of products in Europe, Asia and North America. Sales, expenses, assets and other items in each region are denominated in local currencies and translated into yen for the preparation of the consolidated financial statements. Depending on the exchange rates used for translation, the yen-denominated values of these items may be affected even if their values in local currencies remain unchanged.」
The foreign exchange fluctuation risk arising from translating overseas operations into yen is disclosed again. Hedging through forward exchange contracts and other instruments is also continuing. - FY2019-Q3WorsenedAnnual report
「Foreign currency translation adjustment - 1,112 - 1,050」
The negative foreign currency translation adjustment was ¥1,050 million, compared with ¥1,112 million at the end of the previous consolidated fiscal year. The negative balance increased from ¥998 million at the end of the second quarter of the previous fiscal year, and a foreign exchange loss of ¥36 million was recorded for the first 3 quarters of the current fiscal year. - FY2019-Q2MitigatedAnnual report
「Foreign currency translation adjustment - 1,112 - 998」
The negative foreign currency translation adjustment narrowed from ¥1,112 million at the end of the previous consolidated fiscal year to ¥998 million, reducing the impact of translating overseas operations into yen compared with the end of the previous fiscal year. - FY2019-Q1Widening negative foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment - 1,112 - 1,204」
The foreign currency translation adjustment increased from a negative ¥1,112 million at the end of the previous consolidated fiscal year to a negative ¥1,204 million. Meanwhile, a foreign exchange loss of ¥6 million was recorded for the quarter. - FY2018RestatedAnnual report
「The Company and certain consolidated subsidiaries generally hedge the foreign exchange fluctuation risk identified by currency and month for foreign-currency-denominated operating receivables and payables using forward foreign exchange contracts.」
The risks of foreign exchange fluctuations associated with overseas operations and hedging through forward exchange contracts continue to be disclosed. - FY2018-Q3Foreign exchange gain recorded for the cumulative third quarterAnnual report
「Foreign exchange gain 95 31」
The foreign exchange gain for the cumulative third quarter was ¥31 million. Although this was down from ¥95 million in the same period of the previous year, a foreign exchange gain was recorded at the earnings level. - FY2018-Q1MitigatedAnnual report
「Foreign exchange loss 135 10」
The foreign exchange loss narrowed from ¥135 million in the same period of the previous year to ¥10 million, reducing the impact of foreign exchange on earnings. - FY2017A full-year turnaround to a foreign exchange gainAnnual report
「The primary factors were the recognition of a foreign exchange gain of ¥89 million, compared with a foreign exchange loss of ¥435 million in the previous fiscal year, and compensation received of ¥202 million.」
For the full fiscal year, earnings turned around from a foreign exchange loss of ¥435 million in the previous fiscal year to a foreign exchange gain of ¥89 million. Meanwhile, the foreign currency translation adjustment account remained negative. - FY2017-Q3A turnaround to a foreign exchange gain at the earnings levelAnnual report
「The yen shifted toward depreciation and share prices moved higher, driven in part by expectations for new policies.」
As foreign exchange conditions shifted toward yen depreciation, a foreign exchange gain of ¥95.905 million was recorded for the cumulative third quarter of the current consolidated fiscal year. Meanwhile, the foreign currency translation adjustment account stood at negative ¥1,077.203 million, and the impact of translating the overseas business into yen remained. - FY2017-Q2RestatedAnnual report
「Total net assets at the end of the second quarter of the current consolidated fiscal year were ¥14,220 million, up ¥315 million from the end of the previous consolidated fiscal year. This was due to a ¥669 million increase in retained earnings and a ¥287 million decrease in the foreign currency translation adjustment account, among other factors.」
The foreign currency translation adjustment account decreased by ¥287 million, with the impact of fluctuations from translating the overseas business into yen continuing to appear. - FY2017-Q1RestatedAnnual report
「Total net assets at the end of the first quarter of the current consolidated fiscal year were ¥13,245 million, down ¥659 million from the end of the previous consolidated fiscal year. This was due to a ¥575 million decrease in the foreign currency translation adjustment account.」
The foreign currency translation adjustment account decreased by ¥575 million, with the impact of translating overseas assets into yen, due in part to yen appreciation, continuing to appear in the quarter. - FY2016First statedAnnual report
「The primary factor was the recognition of a foreign exchange loss of ¥435 million, an increase of ¥312 million from the previous fiscal year.」
The risks associated with translating overseas revenue, expenses and assets into yen are described, and a foreign exchange loss was actually incurred in the current fiscal year.