Foreign Exchange Fluctuations
First written in FY2016. 15 of 36 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-08-05.
Shofu moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2025: 14 of 17 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- 2026-08-05MitigatedEarnings
「Non-operating income and expenses improved as foreign exchange losses turned into foreign exchange gains and dividend income increased,」
Foreign exchange losses in the same period of the previous year turned into foreign exchange gains in the current quarter, reducing the adverse impact of currency movements on non-operating income and expenses. - FY2026MitigatedAnnual report
「The Group seeks to reduce risks associated with its overseas business by closely monitoring local laws and regulations and developments in medical insurance systems, taking necessary institutional measures, implementing measures to mitigate foreign exchange risk, and strengthening its governance framework.」
As measures addressing risks in the overseas business environment, the disclosure specifies foreign exchange risk mitigation measures, institutional responses and the development of the governance framework. The valuation loss on forward foreign exchange contracts was ¥27 million. - FY2026-H1MitigatedAnnual report
「Although non-operating income and expenses increased due mainly to lower foreign exchange losses, ordinary profit declined ¥44 million, or 1.5%, year on year to ¥2,962 million.」
Foreign exchange losses declined from ¥133 million in the same period of the previous year to ¥31 million, reducing the adverse impact of exchange-rate fluctuations on non-operating income and expenses during the current interim consolidated accounting period. - FY2025MaterialisedAnnual report
「Although a foreign exchange loss was recorded as a non-operating expense, ordinary profit increased ¥404 million, or 7.9%, year on year to ¥5,523 million.」
Foreign exchange gains in the previous year turned into a foreign exchange loss of ¥110 million, which was recorded as a non-operating expense in the current period. - FY2025-H1MaterialisedAnnual report
「Ordinary profit increased ¥618 million, or 25.9%, year on year to ¥3,006 million, as the effect of higher revenue outweighed the decline in non-operating income and expenses caused by foreign exchange gains turning into losses and higher expenses for company-sponsored events.」
Foreign exchange gains of ¥202 million in the same period of the previous year turned into foreign exchange losses of ¥133 million in the current interim consolidated accounting period, making exchange-rate fluctuations a realized factor reducing non-operating income and expenses. - FY2024MitigatedAnnual report
「Derivative transactions consist mainly of forward foreign exchange contracts entered into to hedge the risk of exchange-rate fluctuations related to foreign-currency-denominated trade receivables.」
The disclosure states that forward foreign exchange contracts are used for hedging, specifying the response to exchange-rate fluctuation risk. - FY2024-Q3Narrowing contribution to earnings growth from foreign exchange gainsAnnual report
「Ordinary profit increased ¥28 million, or 0.8%, year on year to ¥3,692 million, as non-operating income and expenses declined due mainly to lower foreign exchange gains and higher expenses for company-sponsored events.」
Foreign exchange gains declined from ¥168 million in the same period of the previous year to ¥128 million, reducing their contribution to ordinary profit through non-operating income and expenses. - FY2024-Q2Narrowing contribution to earnings growth from foreign exchange gainsAnnual report
「Ordinary income decreased by ¥357 million, or 13.0%, year on year to ¥2,387 million, as non-operating income and expenses deteriorated due in part to lower foreign exchange gains and higher costs for events hosted by the company.」
Foreign exchange gains decreased from ¥370 million in the same period of the previous year to ¥202 million, contributing to the decrease in ordinary income through the deterioration in non-operating income and expenses. - FY2024-Q1Narrowing contribution to earnings growth from foreign exchange gainsAnnual report
「Ordinary income decreased by ¥259 million, or 16.0%, year on year to ¥1,367 million, as non-operating income and expenses declined due in part to lower foreign exchange gains and higher costs for events hosted by the company.」
Foreign exchange gains decreased from ¥291 million in the same period of the previous year to ¥178 million, contributing to the decline in ordinary income through the decrease in non-operating income and expenses. - FY2023Updated contribution to earnings growth from foreign exchange gainsAnnual report
「Foreign exchange gains 206 178」
In the current period, a foreign exchange gain of ¥178 million was recorded under non-operating income, and foreign exchange fluctuations contributed positively to business performance. Measures to mitigate risk in foreign-currency-denominated transactions to a certain extent continued. - FY2023-Q3Updated contribution to earnings growth from foreign exchange gainsAnnual report
「Ordinary income increased by ¥389 million, or 11.9%, year on year to ¥3,664 million, as the increase widened due in part to the recognition of foreign exchange gains.」
A foreign exchange gain of ¥168 million was recorded under non-operating income, contributing to the increase in ordinary income. - FY2023-Q2Updated contribution to earnings growth from foreign exchange gainsAnnual report
「Ordinary income increased by ¥615 million, or 28.9%, year on year to ¥2,745 million, as the increase widened due in part to the recognition of foreign exchange gains.」
A foreign exchange gain of ¥370 million was recorded under non-operating income, widening the increase in ordinary income. - FY2023-Q1Foreign Exchange Gains RecognizedAnnual report
「Ordinary income increased by ¥621 million, or 61.8%, year on year to ¥1,627 million, as the increase widened due in part to the recognition of foreign exchange gains.」
In the current quarter, foreign exchange fluctuations were recorded as a ¥291 million foreign exchange gain under non-operating income, contributing to the increase in ordinary income. - FY2022MitigatedAnnual report
「Although our group has taken measures to mitigate foreign exchange risk to a certain extent in its foreign-currency-denominated transactions, it may be affected by foreign exchange fluctuations.」
The company newly states that it has taken measures to mitigate foreign exchange risk to a certain extent in its foreign-currency-denominated transactions. However, it states that the possibility of an impact remains. - FY2022-Q3RestatedAnnual report
「Overseas, conditions remained strong in each region, including efforts to expand sales of existing products mainly in North America, Europe and China. In addition, foreign exchange fluctuations contributed to a year-on-year increase in revenue.」
The company reiterates that foreign exchange fluctuations, in addition to expanded sales of existing products, contributed to the increase in overseas business revenue. - FY2022-Q2RestatedAnnual report
「Overseas, the impact of the novel coronavirus disease eased, and conditions remained strong in each region, including efforts to expand sales of existing products mainly in North America, Europe and China. In addition, foreign exchange fluctuations contributed to a year-on-year increase in revenue.」
The overseas business recorded a year-on-year increase in revenue reflecting the easing of the infectious disease's impact and foreign exchange fluctuations, indicating that foreign exchange fluctuations continued to affect business performance. - FY2022-Q1RestatedAnnual report
「Overseas, the impact of the novel coronavirus disease eased, and conditions remained strong in each region, including efforts to expand sales of existing products mainly in North America, Europe and China. In addition, foreign exchange fluctuations contributed to a year-on-year increase in revenue.」
The overseas business recorded a year-on-year increase in revenue, including the impact of foreign exchange fluctuations, indicating that foreign exchange effects continued to be reflected in business performance following the end of the previous fiscal year. - FY2021Improvement in foreign exchange effectsAnnual report
「Ordinary income increased by ¥534 million, or 26.9%, year on year to ¥2,523 million, as the increase widened due in part to the recognition of foreign exchange gains under non-operating income.」
In the current period, foreign exchange fluctuations were reflected as a ¥146 million foreign exchange gain under non-operating income, widening the increase in ordinary income. - FY2021-Q3MaterialisedAnnual report
「Overseas, the impact of the novel coronavirus disease was greater, and conditions remained sluggish in each region. In addition, foreign exchange effects resulted in a year-on-year decrease in revenue.」
Foreign exchange effects continued to be reflected in the results as a factor contributing to the decline in overseas business revenue. - FY2021-Q2MaterialisedAnnual report
「Overseas, the impact of the novel coronavirus disease was greater, and conditions remained sluggish in each region. In addition, foreign exchange effects resulted in a year-on-year decrease in revenue.」
Foreign exchange effects, in addition to the impact of the infectious disease, were reflected in the results as a factor contributing to the decline in overseas business revenue. - FY2021-Q1MaterialisedAnnual report
「Overseas, the impact of the novel coronavirus disease was greater, and conditions remained sluggish in each region. In addition, foreign exchange effects resulted in a year-on-year decrease in revenue.」
For the overseas business, foreign exchange effects, in addition to the impact of the infectious disease, are identified as factors contributing to the decline in revenue in the results. - FY2020-Q3MaterialisedAnnual report
「Although the increase in ordinary income narrowed due to foreign exchange effects and other factors, ordinary income increased by ¥544 million, or 42.8%, year on year to ¥1,814 million.」
Foreign exchange effects continued to narrow the increase in ordinary income in the results. A foreign exchange loss of ¥71 million was recorded under non-operating expenses. - FY2020-Q2MaterialisedAnnual report
「Although the increase in ordinary income narrowed due to foreign exchange effects and other factors, ordinary income increased by ¥460 million, or 58.8%, year on year to ¥1,242 million.」
The company states that foreign exchange effects narrowed the increase in ordinary income, and also recorded a foreign exchange loss of ¥133 million. - FY2020-Q1MaterialisedAnnual report
「Although the increase in ordinary income narrowed due to foreign exchange effects and other factors, ordinary income increased by ¥85 million, or 20.6%, year on year to ¥500 million.」
Foreign exchange effects and other factors narrowed the increase in ordinary income, and a foreign exchange loss of ¥66 million was recorded under non-operating expenses. - FY2019MaterialisedAnnual report
「Although the increase in ordinary income narrowed due to foreign exchange effects and other factors, ordinary income increased by ¥143 million, or 9.2%, year on year to ¥1,709 million.」
The full-year results state that foreign exchange effects narrowed the increase in ordinary income. The consolidated statement of income recorded a foreign exchange loss of ¥55 million. - FY2019-Q3MaterialisedAnnual report
「However, due to foreign exchange effects and other factors, ordinary income was ¥1,270 million, a decrease of ¥10 million, or 0.8%, from the same period of the previous year.」
The decrease in ordinary income due to foreign exchange effects and other factors was reflected in the results, with ordinary income down 0.8% year on year. - FY2019-Q2MaterialisedAnnual report
「However, as non-operating income and expenses deteriorated due to foreign exchange effects and other factors, ordinary income was ¥782 million, a decrease of ¥71 million, or 8.3%, from the same period of the previous year.」
The deterioration in non-operating income and expenses due to foreign exchange effects and other factors actually contributed to an 8.3% year-on-year decrease in ordinary income. - FY2019-Q1MaterialisedAnnual report
「However, as non-operating income and expenses deteriorated due to foreign exchange effects and other factors, ordinary income was ¥415 million, a decrease of ¥16 million, or 3.9%, from the same period of the previous year.」
In FY2018, non-operating income and expenses improved due to foreign exchange effects and other factors, but they deteriorated in the current quarter, and ordinary income decreased 3.9% year on year. - FY2018Improvement in foreign exchange effectsAnnual report
「Ordinary income increased by ¥424 million, or 37.2%, year on year to ¥1,565 million, as non-operating income and expenses improved due to foreign exchange effects and other factors.」
The description changed from the deterioration in non-operating income and expenses caused by foreign exchange effects through the previous year, stating that non-operating income and expenses improved due to foreign exchange effects and other factors in the current period. - FY2018-Q3RestatedAnnual report
「Furthermore, as non-operating income and expenses improved due to foreign exchange effects and other factors, ordinary income was ¥1,281 million, an increase of ¥411 million, or 47.3%, from the same period of the previous year.」
The improvement in non-operating income and expenses due to foreign exchange effects and other factors contributed to a 47.3% year-on-year increase in ordinary income. - FY2018-Q2RestatedAnnual report
「However, as non-operating income and expenses improved due to foreign exchange effects and other factors, ordinary income was ¥853 million, an increase of ¥344 million, or 67.6%, from the same period of the previous year.」
As in the previous quarter, the improvement in non-operating income and expenses due to foreign exchange effects and other factors contributed to the increase in ordinary income. - FY2018-Q1Improvement in foreign exchange effectsAnnual report
「However, as non-operating income and expenses improved due to foreign exchange effects and other factors, ordinary income was ¥432 million, an increase of ¥114 million, or 36.2%, from the same period of the previous year.」
In contrast to the deterioration in non-operating income and expenses caused by foreign exchange effects in the previous period, the company states that non-operating income and expenses improved due to foreign exchange effects and other factors in the current quarter. - FY2017-Q3MaterialisedAnnual report
「Furthermore, as non-operating income and expenses deteriorated due to foreign exchange effects, ordinary income was ¥869 million, a decrease of ¥254 million, or 22.7%, from the same period of the previous year.」
The deterioration in non-operating income and expenses due to foreign exchange effects continued, and ordinary income decreased 22.7% year on year. - FY2017-Q2MaterialisedAnnual report
「Furthermore, as non-operating income and expenses deteriorated due to foreign exchange effects, ordinary income was ¥509 million, a decrease of ¥316 million, or 38.3%, from the same period of the previous year.」
The stronger yen and foreign exchange fluctuations actually worsened non-operating income and expenses, and ordinary income decreased 38.3% year on year. - FY2017-Q1MaterialisedAnnual report
「However, as non-operating income and expenses deteriorated due to foreign exchange effects, ordinary income was ¥317 million, a decrease of ¥266 million, or 45.7%, from the same period of the previous year.」
Foreign exchange fluctuations actually worsened non-operating income and expenses in the current quarter, and ordinary income decreased 45.7% year on year. - FY2016First statedAnnual report
「Foreign exchange fluctuations may affect our group's operating results.」
Foreign exchange risk arising through foreign-currency-denominated transactions, demands for price reductions and the translation of overseas subsidiaries' results into yen is identified as a risk.