Translation Risk from Foreign-Currency Transactions and Overseas Financial Statements
First written in FY2016. 10 of 31 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Nagase & 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 2019: 69 of 120 companies on the "Worse" side.
33 other companies' latest entry also says "Other".
- FY2026Increase in the Foreign Currency Translation AdjustmentAnnual report
「Foreign currency translation adjustment 56,864 68,119」
The foreign currency translation adjustment account arising from the translation of overseas financial statements increased from ¥5,686.4 million at the end of the previous fiscal year to ¥6,811.9 million. The hedging policy using forward exchange contracts also remains in place. - FY2026-H1Decrease in the Foreign Currency Translation AdjustmentAnnual report
「Foreign currency translation adjustment 56,864 49,262」
The foreign currency translation adjustment decreased from ¥56.864 billion at the end of the previous consolidated fiscal year to ¥49.262 billion at the end of the current interim consolidated accounting period, and the impact of translating foreign financial statements was reflected in net assets. - FY2025Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 56,864」
The foreign currency translation adjustment increased from ¥44.846 billion at the end of the previous fiscal year to ¥56.864 billion, and the impact of translating foreign financial statements continues. - FY2025-H1Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 44,846 59,154」
The foreign currency translation adjustment increased from ¥44.846 billion at the end of the previous consolidated fiscal year to ¥59.154 billion at the end of the current interim consolidated accounting period. The foreign exchange impact of translating foreign financial statements continues to be reflected in results. - FY2024-Q3Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 30,414 47,709」
The foreign currency translation adjustment increased from ¥30.414 billion at the end of the previous consolidated fiscal year to ¥47.709 billion at the end of the third quarter. The foreign exchange impact of translating foreign financial statements continues to be reflected in results. - FY2024-Q2Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 30,414 45,912」
The foreign currency translation adjustment increased from ¥30.414 billion at the end of the previous fiscal year to ¥45.912 billion at the end of the second quarter. The impact of translating foreign financial statements continues to be reflected in results. - FY2024-Q1Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 30,414 34,692」
The foreign currency translation adjustment increased from ¥30.414 billion at the end of the previous fiscal year to ¥34.692 billion at the end of the first quarter. The foreign exchange impact of translating foreign financial statements continues to be reflected in results. - FY2023Higher overseas revenue and foreign currency translation adjustment due to the weaker yenAnnual report
「Net assets increased due mainly to the recording of net income attributable to owners of the parent for the current fiscal year and an increase in the foreign currency translation adjustment, despite decreases in the valuation difference on other securities and other items.」
Against a backdrop of higher overseas revenue and the weaker yen, the foreign currency translation adjustment increased from ¥13.69 billion at the end of the previous fiscal year to ¥30.414 billion. - FY2023-Q3Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 13,690 40,345」
The foreign currency translation adjustment increased from ¥13,690 million at the end of the previous fiscal year to ¥40,345 million, and an increase of ¥26,944 million was also recorded in other comprehensive income for the cumulative third quarter period. - FY2023-Q2Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 22,155」
The foreign currency translation adjustment increased by ¥22.155 billion in other comprehensive income for the cumulative second quarter period, and the balance increased from ¥13.69 billion at the end of the previous fiscal year to ¥35.562 billion. - FY2023-Q1Continued increase in the foreign currency translation adjustment due to the weaker yenAnnual report
「Foreign currency translation adjustment 9,542」
The foreign currency translation adjustment increased by ¥9.542 billion in other comprehensive income during the first quarter, rising from ¥13,690 million at the end of the previous fiscal year to ¥23,043 million. - FY2022Significant increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 13,690」
The foreign currency translation adjustment increased from ¥1,006 million at the end of the previous fiscal year to ¥13,690 million, and the impact of translating foreign financial statements emerged as a significant increase. - FY2022-Q3Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 7,919」
The foreign currency translation adjustment increased by ¥7.919 billion in other comprehensive income for the cumulative third quarter period, and the balance increased from ¥1.006 billion at the end of the previous fiscal year to ¥8.437 billion. - FY2022-Q2Continued increase in the foreign currency translation adjustmentAnnual report
「Foreign currency translation adjustment 1,006 5,674」
The foreign currency translation adjustment increased from ¥1,006 million at the end of the previous consolidated fiscal year to ¥5,674 million, and an increase of ¥5,040 million was also recorded in other comprehensive income for the cumulative second quarter period. - FY2022-Q1Increase in the Foreign Currency Translation AdjustmentAnnual report
「Foreign currency translation adjustment 5,034」
The foreign currency translation adjustment increased by ¥5.034 billion during the first quarter, and the impact of translating foreign financial statements changed from ¥1,006 million at the end of the previous consolidated fiscal year to ¥5,716 million. - FY2021RestatedAnnual report
「Although we hedge these transactions using forward exchange contracts and strive to minimize foreign exchange risk, such fluctuations may affect the operating results and financial position of the Group.」
The Group reconfirmed the risks associated with foreign-currency-denominated transactions and the translation of foreign financial statements, as well as its policy of hedging with forward exchange contracts. - FY2021-Q3MaterialisedAnnual report
「Foreign currency translation adjustment (2,113)」
The ¥2,113 million decrease in the foreign currency translation adjustment resulting from the translation of foreign financial statements was recorded in other comprehensive income, and the foreign exchange impact was reflected in results. - FY2021-Q2MaterialisedAnnual report
「Net assets increased by ¥17.17 billion from the end of the previous consolidated fiscal year to ¥330.41 billion, due mainly to the recording of quarterly net income attributable to owners of the parent of ¥10.18 billion and an increase in the valuation difference on other securities, despite a decrease in the foreign currency translation adjustment.」
The foreign currency translation adjustment decreased, and a ¥1,470 million decrease was recorded in other comprehensive income. The foreign exchange impact of translating foreign financial statements continues to be reflected in results. - FY2021-Q1MaterialisedAnnual report
「Foreign currency translation adjustment (428)」
The ¥428 million decrease in the foreign currency translation adjustment was recorded in other comprehensive income, and the foreign exchange impact of translating foreign financial statements also emerged during the current quarter. - FY2020-Q3MaterialisedAnnual report
「Foreign currency translation adjustment (1,287)」
The decrease in the foreign currency translation adjustment was recorded in other comprehensive income, and the impact of translating foreign financial statements emerged during the current quarter. - FY2020-Q2MaterialisedAnnual report
「Net assets increased by ¥2.52 billion from the end of the previous consolidated fiscal year to ¥315.13 billion, due mainly to the recording of quarterly net income attributable to owners of the parent of ¥7.42 billion and an increase in the valuation difference on other securities, despite a decrease in the foreign currency translation adjustment.」
The foreign currency translation adjustment related to the translation of foreign financial statements decreased, and the foreign currency translation adjustment included in other comprehensive income decreased by ¥4.444 billion. - FY2020-Q1MaterialisedAnnual report
「Net assets decreased by ¥2.96 billion from the end of the previous consolidated fiscal year to ¥309.64 billion, despite the recording of quarterly net income attributable to owners of the parent of ¥4.15 billion, due mainly to decreases in the foreign currency translation adjustment and the valuation difference on other securities.」
The foreign currency translation adjustment related to the translation of foreign financial statements decreased by ¥2.03 billion from the end of the previous fiscal year and emerged as a factor reducing net assets. - FY2019RestatedAnnual report
「Although we hedge these transactions using forward exchange contracts and strive to minimize foreign exchange risk, such fluctuations may affect the operating results and financial position of the Group. The Group also has local subsidiaries overseas and prepares financial statements denominated in foreign currencies. In preparing the consolidated financial statements, the Group faces translation risk arising from fluctuations in the exchange rates used to translate these statements into yen.」
The Group reconfirmed the risks associated with foreign currency transactions and the translation of foreign financial statements, as well as its policy of hedging with forward exchange contracts. - FY2018Full-year increase in overseas sales due to the weaker yenAnnual report
「Overseas sales amounted to ¥388.5 billion, up 10.1% year on year, due in part to the yen's depreciation compared with the previous consolidated fiscal year.」
The increase in overseas sales due to the weaker yen, which had continued in the quarterly reports, was also confirmed for the full fiscal year, with sales up 10.1% year on year. - FY2018-Q3Continued higher overseas sales due to the weaker yenAnnual report
「Overseas sales amounted to ¥296.5 billion, up 13.0% year on year, due in part to the yen's depreciation compared with the same period of the previous year.」
Following the previous quarter, the yen's depreciation emerged as a 13.0% year-on-year increase in overseas sales. - FY2018-Q2Higher overseas sales due to the weaker yenAnnual report
「Overseas sales amounted to ¥194.9 billion, up 13.4% year on year, due in part to the yen's depreciation compared with the same period of the previous year.」
Unlike the previous decline in overseas sales caused by the yen's appreciation, during the cumulative period of the current quarter, the yen's depreciation emerged as a 13.4% year-on-year increase in overseas sales. - FY2017MaterialisedAnnual report
「Overseas sales amounted to ¥353.01 billion, down 6.9% year on year, due in part to the yen's appreciation compared with the previous consolidated fiscal year, while revenue amounted to ¥722.38 billion, down 2.7%.」
The yen's appreciation and other factors emerged over the full fiscal year as a 6.9% year-on-year decline in overseas sales and a 2.7% decline in consolidated revenue. - FY2017-Q3MaterialisedAnnual report
「Domestic sales amounted to ¥274.68 billion, up 0.9% year on year, while overseas sales amounted to ¥262.4 billion, down 10.8% due in part to the yen's appreciation compared with the same period of the previous year. Revenue amounted to ¥537.09 billion, down 5.2%.」
The yen's appreciation and other factors emerged as a 10.8% year-on-year decline in overseas sales. - FY2017-Q2MaterialisedAnnual report
「Overseas sales amounted to ¥171.83 billion, down 12.9% year on year, due in part to the yen's appreciation compared with the same period of the previous year, while revenue amounted to ¥350.86 billion, down 6.7%.」
The yen's appreciation emerged as a 12.9% year-on-year decline in overseas sales. - FY2017-Q1MaterialisedAnnual report
「Overseas sales amounted to ¥84.48 billion, down 11.2% year on year, due in part to the yen's appreciation compared with the same period of the previous year.」
The yen's appreciation contributed to the 11.2% year-on-year decline in overseas sales. The foreign currency translation adjustment also decreased by ¥5,448 million. - FY2016First statedAnnual report
「The yen value of these foreign-currency-denominated transactions is affected by exchange rate fluctuations. Although we hedge these transactions using forward exchange contracts and strive to minimize foreign exchange risk, such fluctuations may affect the operating results and financial position of the Group.」
The period recorded a foreign exchange loss of ¥401 million, while the foreign currency translation adjustment decreased by ¥5,065 million.