Foreign-exchange risk on transactions denominated in foreign currencies
First written in FY2016. 7 of 24 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Takashima & moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 29 of 53 companies on the "Worse" side.
16 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Non-operating expenses amounted to ¥988 million, up 128.5% year on year, due to interest expenses of ¥199 million and foreign exchange losses of ¥22 million, among other items.」
Losses from exchange-rate fluctuations decreased from ¥249 million in the previous fiscal year to ¥22 million, reducing the realized impact of foreign exchange risk. - FY2026-H1MitigatedAnnual report
「Ordinary profit amounted to ¥1,075 million, up 29.0% year on year, mainly because the foreign exchange loss caused by the depreciation of local currencies in the previous interim consolidated accounting period changed to a foreign exchange gain in the current interim consolidated accounting period.」
The result changed from a foreign exchange loss of ¥156 million in the previous interim period to a foreign exchange gain of ¥43 million in the current interim period, reducing the negative impact of exchange-rate fluctuations on ordinary profit. - FY2025WorsenedAnnual report
「Non-operating expenses amounted to ¥432 million, up 297.5% year on year, due to interest expenses of ¥103 million and foreign exchange losses of ¥249 million, among other items.」
The foreign exchange loss amounted to ¥249 million, changing from a foreign exchange gain in the previous fiscal year to a loss and restraining the growth of ordinary profit. - FY2025-H1WorsenedAnnual report
「Ordinary profit amounted to ¥833 million, down 27.6% year on year, mainly because foreign exchange losses increased due to the depreciation of local currencies at overseas subsidiaries.」
Foreign exchange losses increased due to the depreciation of local currencies at overseas subsidiaries, becoming a factor in the decline in ordinary profit for the interim consolidated accounting period. The foreign exchange loss amounted to ¥156 million. - FY2023WorsenedAnnual report
「Non-operating expenses amounted to ¥172 million, up 172.7% year on year, due to interest expenses of ¥51 million and foreign exchange losses of ¥104 million, among other items.」
The result changed from a foreign exchange gain in the previous year to a foreign exchange loss of ¥104 million recorded during the fiscal year under review. - FY2023-Q3MaterialisedAnnual report
「Foreign exchange loss - 85」
While no foreign exchange loss was recorded in the cumulative period of the same quarter of the previous year, a foreign exchange loss of ¥85 million was recorded during the cumulative third quarter due to exchange-rate fluctuations, including movements in both directions of the yen. - FY2022-Q1MitigatedAnnual report
「Although ordinary profit increased due to the decrease in foreign exchange losses, net profit attributable to owners of the parent decreased because the insurance gain recorded in the previous fiscal year did not arise in the current fiscal year.」
The foreign exchange loss decreased from ¥37 million in the same period of the previous year to ¥0 million in the current quarter, reducing the negative impact of exchange-rate fluctuations on profit. - FY2021-Q3WorsenedAnnual report
「Foreign exchange loss 29 87」
Foreign exchange losses increased from ¥29 million in the cumulative period of the same quarter of the previous year to ¥87 million, indicating that the realized impact of exchange-rate fluctuations had expanded further. - FY2021-Q2WorsenedAnnual report
「Non-operating expenses Interest expenses 45 18 Foreign exchange loss 29 79 Equity-method investment loss 6 7」
Foreign exchange losses increased from ¥29 million in the cumulative period of the same quarter of the previous year to ¥79 million, indicating that the realized impact of exchange-rate fluctuations had expanded. - FY2021-Q1MaterialisedAnnual report
「Non-Operating Expenses」
Foreign exchange losses caused by the appreciation of the yen continued to arise, with the foreign exchange loss for the cumulative first quarter amounting to ¥37 million. - FY2020MaterialisedAnnual report
「Non-operating expenses amounted to ¥184 million, up 110.1% year on year, due to interest expenses of ¥80 million, foreign exchange losses of ¥55 million and loss on disposal of fixed assets of ¥40 million, among other items.」
Foreign exchange losses caused by the appreciation of the yen actually arose, and a foreign exchange loss of ¥55 million was recorded during the fiscal year under review. - FY2020-Q3MaterialisedAnnual report
「In addition, ordinary profit decreased as a result of foreign exchange losses caused by the appreciation of the yen.」
Foreign exchange losses caused by the appreciation of the yen also arose during the cumulative third quarter, with a foreign exchange loss of ¥29 million recorded as a factor in the decline in ordinary profit. - FY2020-Q2MaterialisedAnnual report
「Meanwhile, ordinary profit decreased as a result of foreign exchange losses caused by the appreciation of the yen.」
Foreign exchange losses caused by the appreciation of the yen also arose during the cumulative second quarter, with a foreign exchange loss of ¥29 million recorded as a factor in the decline in ordinary profit. - FY2020-Q1MaterialisedAnnual report
「Meanwhile, ordinary profit decreased as a result of foreign exchange losses caused by the appreciation of the yen. / Foreign exchange loss: ¥45 million」
Foreign exchange losses caused by the appreciation of the yen actually arose and became a factor in the decline in ordinary profit for the first quarter. The quarterly consolidated income statement recorded a foreign exchange loss of ¥45 million. - FY2019Full-year foreign exchange gain of ¥52 millionAnnual report
「Non-operating income amounted to ¥263 million, up 3.2% year on year, due to interest income of ¥42 million, dividend income of ¥120 million and foreign exchange gains of ¥52 million, among other items.」
The impact of exchange-rate fluctuations continued, with a foreign exchange gain of ¥52 million recorded for the full year. - FY2019-Q3Continued increase in foreign exchange gainsAnnual report
「Ordinary profit also increased due to the increase in operating profit and the impact of foreign exchange gains and losses, among other factors. Quarterly net profit attributable to owners of the parent also increased due to the sale of rental real estate and marketable securities held by the company, among other factors.」
The impact of exchange-rate fluctuations continued, with foreign exchange gains included in non-operating income increasing from ¥39 million in the cumulative period of the same quarter of the previous year to ¥52 million. - FY2019-Q2Continued increase in foreign exchange gainsAnnual report
「Ordinary profit increased due to the increase in operating profit and the impact of foreign exchange gains and losses, among other factors. Quarterly net profit attributable to owners of the parent also increased due to the sale of rental real estate and marketable securities held by the company, among other factors.」
Foreign exchange gains amounted to ¥88 million for the cumulative second quarter, up from ¥60 million in the same quarter of the previous year. - FY2019-Q1Higher foreign exchange gainsAnnual report
「Non-operating income amounted to ¥146 million, due to interest income of ¥9 million, dividend income of ¥46 million, reversal of allowance for doubtful accounts of ¥2 million and foreign exchange gains of ¥75 million, among other items.」
The impact of exchange-rate fluctuations continued, with foreign exchange gains increasing from ¥44 million in the same quarter of the previous year to ¥75 million. - FY2018Foreign exchange gain on a consolidated basis, foreign exchange loss on a non-consolidated basisAnnual report
「Non-operating income amounted to ¥254 million, up 34.9% year on year, due to interest income of ¥41 million, dividend income of ¥101 million, reversal of allowance for doubtful accounts of ¥35 million and foreign exchange gains of ¥21 million, among other items. Non-operating expenses amounted to ¥44 million, due to interest expenses of ¥18 million and foreign exchange losses of ¥25 million, among other items.」
The impact of exchange-rate fluctuations continued, with a foreign exchange gain of ¥21 million recorded on a consolidated basis and a foreign exchange loss of ¥25 million recorded by the filing company on a non-consolidated basis. - FY2018-Q1Continued foreign-exchange gainsAnnual report
「In addition, because the yen weakened against the forward exchange rates, foreign exchange gains were recorded in non-operating income. However, segment profit decreased substantially, partly because of the decline in gross profit.」
The impact of exchange-rate fluctuations continued, but during the current quarter a foreign exchange gain of ¥44 million, rather than a foreign exchange loss, was recorded in non-operating income. - FY2017Foreign exchange loss on a consolidated basis, foreign exchange gain on a non-consolidated basisAnnual report
「Non-operating expenses amounted to ¥112 million, down 27.1% year on year, due to interest expenses of ¥45 million, foreign exchange losses of ¥26 million and loss on disposal of fixed assets of ¥16 million, among other items. Non-operating income amounted to ¥637 million, due to interest income of ¥61 million, dividend income of ¥448 million and foreign exchange gains of ¥10 million, among other items.」
The impact of exchange-rate fluctuations continued, with a foreign exchange loss of ¥26 million recorded on a consolidated basis and a foreign exchange gain of ¥10 million recorded by the filing company on a non-consolidated basis. - FY2017-Q3Shift from foreign-exchange losses to foreign-exchange gainsAnnual report
「Although foreign exchange gains arose from exchange-rate fluctuations, ordinary profit also decreased due to the decline in operating profit.」
The impact of exchange-rate fluctuations continued, but the company states that foreign exchange gains, rather than the foreign exchange losses caused by the rapid appreciation of the yen recorded previously, arose during the cumulative period of the current quarter. - FY2017-Q1MaterialisedAnnual report
「However, operating profit decreased because the decline in gross profit accompanying the decrease in sales exceeded the decline in selling, general and administrative expenses. Ordinary profit also decreased as a result of foreign exchange losses caused by the rapid appreciation of the yen.」
The company states that foreign exchange losses caused by the rapid appreciation of the yen were a factor in the decline in ordinary profit. - FY2016First statedAnnual report
「We have taken measures, including forward foreign exchange contracts, to hedge this risk. Although hedging can mitigate the impact of exchange-rate fluctuations, it cannot eliminate the impact entirely and may affect the operating results and financial condition of the group.」
The company has taken measures including forward foreign exchange contracts, but states that the impact cannot be eliminated completely.