Impact of foreign exchange movements on business performance and financial position
First written in FY2016. 22 of 39 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-11-10.
The whole theme swung hardest in 2025: 73 of 159 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Foreign exchange gain － 375」
The ¥68 million foreign exchange loss in the previous consolidated fiscal year turned into a ¥375 million foreign exchange gain in the current consolidated fiscal year, eliminating the adverse impact of foreign exchange on ordinary profit. - FY2026-H1MitigatedAnnual report
「Ordinary profit increased by ¥466 million, or 14.4%, to ¥3,701 million, helped by a decrease in the substantial foreign exchange loss recorded in the previous fiscal year.」
The ¥416 million foreign exchange loss recorded in the same period of the previous year decreased to ¥11 million in the current interim period, reducing the adverse impact of foreign exchange on ordinary profit. - FY2025-H1WorsenedAnnual report
「Ordinary profit decreased by ¥2,022 million, or 38.5%, to ¥3,235 million, as the substantial foreign exchange gain recorded in the previous year turned into a foreign exchange loss in the current interim consolidated accounting period because the yen was stronger at the end of the period.」
The substantial foreign exchange gain recorded in the previous year turned into a foreign exchange loss in the current interim period against a stronger yen, and ordinary profit decreased 38.5% year on year. - FY2024MitigatedAnnual report
「Foreign exchange gain 1,133」
The foreign exchange gain in FY2024 was ¥1,133 million, up from ¥501 million in the previous year. The positive impact of foreign exchange on earnings increased. - FY2024-Q2MitigatedAnnual report
「Foreign exchange gain 1,067 1,203」
The foreign exchange gain for the cumulative second quarter of the current fiscal year was ¥1,203 million, compared with ¥1,067 million in the same period of the previous year, increasing the positive impact of foreign exchange on earnings. - FY2023RestatedAnnual report
「The performance and financial position of the Group are affected by fluctuations in foreign exchange rates. These fluctuations affect the Group in two respects: (1) they may affect assets and liabilities, revenue and expenses, and cash flows related to foreign-currency-denominated transactions by the Company and its overseas subsidiaries and indirect import and export transactions with overseas markets; and (2) they may affect the amounts in yen translated from the assets and liabilities, revenue and expenses of overseas consolidated subsidiaries in the consolidated financial statements.」
The risk that foreign exchange fluctuations will affect performance and financial position through both foreign-currency transactions and the yen translation of overseas subsidiaries continues. - FY2023-Q3MitigatedAnnual report
「Although a ¥501 million foreign exchange gain was recorded, ordinary profit decreased by ¥168 million, or 15.4%, to ¥1,684 million.」
A ¥501 million foreign exchange gain was recorded, increasing the positive impact of foreign exchange on earnings from the ¥201 million gain in the same period of the previous year. - FY2023-Q2MitigatedAnnual report
「Ordinary profit was approximately unchanged year on year at ¥6,767 million after recording a ¥1,067 million foreign exchange gain. Net profit attributable to owners of the parent decreased by ¥443 million, or 8.5%, to ¥4,791 million, as the ¥467 million gain on debt forgiveness recorded in extraordinary income in the same period of the previous year was absent.」
An ¥1,067 million foreign exchange gain was recorded, increasing the positive impact on earnings from the ¥29 million gain in the same period of the previous year. Foreign exchange factors kept ordinary profit approximately at the previous year's level. - FY2023-Q1MitigatedAnnual report
「Ordinary profit increased by ¥418 million, or 13.3%, to ¥3,552 million, due to the recording of an ¥851 million foreign exchange gain, while net profit attributable to owners of the parent increased by ¥338 million, or 15.5%, to ¥2,525 million.」
The ¥22 million foreign exchange loss in the same period of the previous year turned into an ¥851 million foreign exchange gain in the current quarter, improving the impact of foreign exchange on earnings. - FY2022-Q3MitigatedAnnual report
「Although fixed costs increased with higher production and the costs of materials and energy rose, higher revenue in both the domestic and overseas exterior materials businesses and the U.S. exterior materials business led to higher profit. Operating profit increased by ¥1,754 million, or 20.1%, year on year to ¥10,468 million, while ordinary profit, helped also by an improvement in foreign exchange gains and losses, increased by ¥2,429 million, or 28.6%, to ¥10,922 million.」
The improvement in foreign exchange gains and losses was cited as a factor behind the increase in ordinary profit, with the impact on earnings improving from a foreign exchange loss in the same period of the previous year to a ¥201 million foreign exchange gain in the cumulative period of the current fiscal year. - FY2022-Q2MitigatedAnnual report
「Non-operating income Interest received 16 Dividends received 96 Rental income from real estate 43 Foreign exchange gain 29」
The ¥178 million foreign exchange loss in the same period of the previous year turned into a ¥29 million foreign exchange gain in the cumulative second quarter, improving the impact of foreign exchange on earnings. - FY2022-Q1MitigatedAnnual report
「Foreign exchange loss 52 22」
The foreign exchange loss decreased from ¥52 million in the same period of the previous year to ¥22 million in the current quarter, improving the impact of foreign exchange on earnings. - FY2021WorsenedAnnual report
「The foreign exchange loss included in non-operating expenses was ¥69 million.」
In FY2021, a ¥69 million foreign exchange loss was recorded, worsening the impact on earnings from the ¥26 million loss in the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「Foreign exchange gain 15 － Foreign exchange loss － 376」
The ¥15 million foreign exchange gain in the same period of the previous year turned into a ¥376 million foreign exchange loss in the cumulative third quarter, worsening the impact of foreign exchange on earnings. - FY2021-Q2WorsenedAnnual report
「Foreign exchange loss 95 178」
The foreign exchange loss for the cumulative second quarter of the current fiscal year was ¥178 million, up from ¥95 million in the same period of the previous year. The impact of foreign exchange on earnings deteriorated year on year. - FY2021-Q1MitigatedAnnual report
「Foreign exchange loss 149 52」
The foreign exchange loss decreased from ¥149 million in the same period of the previous year to ¥52 million in the current quarter, improving the impact of foreign exchange on earnings from the first quarter of the previous fiscal year. - FY2020WorsenedAnnual report
「Foreign exchange gain 64 － Foreign exchange loss － 26」
The ¥64 million foreign exchange gain in the previous year turned into a ¥26 million foreign exchange loss in the current year, worsening the impact of foreign exchange on earnings. - FY2020-Q3MitigatedAnnual report
「Foreign exchange gain 47 15」
The foreign exchange gain for the cumulative third quarter was ¥15 million, down from the ¥47 million gain in the same period of the previous year. However, the impact of foreign exchange improved from the ¥95 million loss in the cumulative second quarter, turning into a gain. - FY2020-Q2WorsenedAnnual report
「Foreign exchange gain 121 － Foreign exchange loss － 95」
The ¥121 million foreign exchange gain in the same period of the previous year turned into a ¥95 million foreign exchange loss in the cumulative second quarter, worsening the impact of foreign exchange on earnings. - FY2020-Q1WorsenedAnnual report
「Ordinary profit increased by ¥140 million, or 5.7%, to ¥2,618 million, due in part to the occurrence of a foreign exchange loss.」
A ¥149 million foreign exchange loss was recorded for the quarter, worsening the impact of foreign exchange on earnings from the ¥36 million foreign exchange gain in the first quarter of the previous fiscal year. - FY2019MitigatedAnnual report
「Foreign exchange gains — 64」
Foreign exchange gains and losses improved on earnings, as the ¥87 million foreign exchange loss in the previous year turned into a ¥64 million foreign exchange gain in the current year. Measures to limit risk, including forward exchange contracts, have also continued. - FY2019-Q3MitigatedAnnual report
「Foreign exchange gains － 47」
Compared with the foreign exchange loss of ¥16 million in the same period of the previous year, the current cumulative third quarter recorded a foreign exchange gain of ¥47 million, indicating an improvement in the impact of foreign exchange on earnings. - FY2019-Q2MitigatedAnnual report
「Foreign exchange gains － 121」
Compared with the foreign exchange loss of ¥9 million in the same period of the previous year, the current cumulative second quarter recorded a foreign exchange gain of ¥121 million, indicating an improvement in the impact of foreign exchange on earnings. - FY2019-Q1MitigatedAnnual report
「Foreign exchange gains － 36」
Compared with the foreign exchange loss of ¥7 million in the same period of the previous year, the current quarter recorded a foreign exchange gain of ¥36 million, indicating an improvement in the impact of foreign exchange on earnings. - FY2018WorsenedAnnual report
「The business results and financial position of the Group are affected by fluctuations in foreign exchange rates. Foreign exchange fluctuations have two types of impact: ① they may affect assets and liabilities, revenue and expenses, and cash flows in foreign-currency transactions between the company and its overseas subsidiaries; and ② they may affect the yen-denominated amounts of the assets and liabilities, revenue and expenses of overseas consolidated subsidiaries when translated in the consolidated financial statements.」
The foreign exchange gain of ¥23 million in the previous year turned into a foreign exchange loss of ¥87 million in the current fiscal year, confirming the adverse impact of foreign exchange fluctuations on earnings for the full year as well. - FY2018-Q3WorsenedAnnual report
「Foreign exchange gains 139 － Foreign exchange losses － 16」
The foreign exchange gain of ¥139 million in the same period of the previous year turned into a foreign exchange loss of ¥16 million during the current cumulative quarter, confirming again the adverse impact of foreign exchange fluctuations on earnings. - FY2018-Q2MitigatedAnnual report
「Ordinary income increased ¥966 million, or 16.5%, year on year to ¥6,841 million, partly due to the significant reduction in the foreign exchange loss recorded in the same period of the previous year.」
The foreign exchange loss declined significantly from ¥370 million in the same period of the previous year to ¥9 million in the current period, reducing the adverse impact of foreign exchange factors on earnings. - FY2018-Q1MitigatedAnnual report
「Ordinary income increased ¥587 million, or 27.7%, year on year to ¥2,708 million, partly because the foreign exchange loss recorded in the same period of the previous year declined significantly.」
The foreign exchange loss of ¥318 million in the same period of the previous year declined to ¥7 million in the current quarter, reducing the adverse impact of foreign exchange fluctuations on earnings. - FY2017RestatedAnnual report
「The business results and financial position of the Group are affected by fluctuations in foreign exchange rates.」
Although the company recorded a foreign exchange gain of ¥23 million in the current fiscal year, it continues to disclose the risk that foreign exchange fluctuations may affect business results and financial position through the translation of foreign subsidiaries and other means, as well as hedging methods. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy remained on a gradual recovery track due to a pickup in personal consumption and improvements in employment conditions, but uncertainty about the outlook continued due to the slowdown in emerging-market economies and uncertainty surrounding foreign exchange trends.」
Uncertainty about the outlook, including uncertainty surrounding foreign exchange trends, has continued. It was stated that there had been no significant changes in business and other risks. - FY2017-Q2RestatedAnnual report
「Although the foreign exchange gain recorded in the same period of the previous year turned into a foreign exchange loss, ordinary income also increased ¥2,467 million, or 72.4%, year on year to ¥5,874 million.」
Although the shift from a foreign exchange gain in the same period of the previous year to a foreign exchange loss continued during the cumulative second quarter, overall ordinary income increased due to higher operating income. - FY2017-Q1WorsenedAnnual report
「Ordinary income increased ¥793 million, or 59.8%, year on year to ¥2,121 million, partly because the foreign exchange gain recorded in the same period of the previous year turned into a foreign exchange loss.」
The foreign exchange gain of ¥97 million in the same period of the previous year turned into a foreign exchange loss of ¥318 million in the current quarter, and the adverse impact of foreign exchange fluctuations continued. - FY2016MaterialisedAnnual report
「The business results and financial position of the Group are affected by fluctuations in foreign exchange rates.」
In the current period, the previous period's foreign exchange gain of ¥547 million turned into a foreign exchange loss of ¥193 million. Measures to limit the risk through forward exchange contracts and other means were also described.