Foreign Exchange Fluctuations Related to Foreign-Currency-Denominated Transactions and Overseas Subsidiaries
First written in FY2016. 12 of 33 entries say "Restated". Latest entry: 2026-07-31.
Meiwa moved to the "Worse" side of this theme in 2024, 6 years after the typical company in this theme (2018).
The whole theme swung hardest in 2024: 14 of 32 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「Foreign exchange loss 28 154」
The foreign exchange loss increased from ¥28 million in the previous fiscal year to ¥154 million, expanding the adverse impact of exchange rate fluctuations on a full-year basis. - FY2026-H1WorsenedAnnual report
「Foreign exchange loss 23 154」
The foreign exchange loss increased from ¥23 million in the same period of the previous year to ¥154 million, expanding the adverse impact of exchange rate fluctuations. - FY2025RestatedAnnual report
「The Group enters into forward exchange contracts and other arrangements to minimize foreign exchange risk.」
The Group continues to address foreign exchange fluctuation risk through forward exchange contracts and other measures. The foreign currency translation adjustment at fiscal year-end decreased from ¥3,356 million to ¥3,317 million, and a foreign exchange loss of ¥28 million was also recorded. - FY2025-H1Foreign currency translation adjustment decreased, resulting in a foreign exchange lossAnnual report
「Foreign currency translation adjustment 3,356 3,176」
The foreign currency translation adjustment decreased from ¥3,356 million at the end of the previous consolidated fiscal year to ¥3,176 million at the end of the six-month consolidated period. In addition, a foreign exchange loss of ¥23 million was recorded during the six-month consolidated period, and the impact of exchange rate fluctuations continues to be reflected in actual results. - FY2024-Q3MaterialisedAnnual report
「Foreign currency translation adjustment 2,313 2,867」
The foreign currency translation adjustment increased from ¥2,313 million at the end of the previous consolidated fiscal year to ¥2,867 million at the end of the third quarter, and the impact of exchange rate fluctuations, including the weaker yen, is being reflected in net assets. - FY2024-Q2MaterialisedAnnual report
「Net assets increased mainly because the foreign currency translation adjustment account rose by ¥887 million from the end of the previous fiscal year.」
The foreign currency translation adjustment increased by ¥887 million due to the weaker yen, and the impact of exchange rate fluctuations associated with overseas subsidiaries and other entities is being reflected in net assets. - FY2023RestatedAnnual report
「The Group enters into forward exchange contracts and other arrangements to minimize foreign exchange risk.」
The Group continues to address foreign exchange risk associated with foreign-currency transactions and overseas subsidiaries through forward exchange contracts. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in foreign exchange risk associated with foreign-currency transactions and overseas subsidiaries. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in foreign exchange risk associated with foreign-currency transactions and overseas subsidiaries. - FY2023-Q1MaterialisedAnnual report
「• Regarding income taxes and other taxes, the amount of retained earnings of overseas subsidiaries translated into yen increased due to the yen's depreciation, which increased the estimated tax expense arising from undistributed dividends, among other factors.」
The depreciation of the yen increased the amount of retained earnings of overseas subsidiaries translated into yen, increasing the estimated tax expense. The impact of foreign exchange fluctuations was reflected in results for the current quarter. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in foreign exchange risk associated with foreign-currency transactions and overseas subsidiaries. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in foreign exchange risk associated with foreign-currency transactions and overseas subsidiaries. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in foreign exchange risk associated with foreign-currency transactions and overseas subsidiaries. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in foreign exchange risk. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in business and other risks, including foreign exchange risk. - FY2020-Q2MitigatedAnnual report
「Ordinary income decreased by 43.4% due to lower operating income and equity in earnings of affiliates, despite a decrease in foreign exchange losses.」
Foreign exchange losses decreased, reducing the loss impact of foreign exchange fluctuations from the same period of the previous fiscal year. - FY2020-Q1MitigatedAnnual report
「Ordinary income decreased as a result of lower operating income, despite an increase attributable to the impact of foreign exchange rates.」
Foreign exchange losses recorded in the same period of the previous year were not recorded in the income statement for the current quarter, and the impact of foreign exchange rates was identified as a factor contributing to an increase. - FY2019WorsenedAnnual report
「The Group also has overseas local entities and subsidiaries that prepare financial statements denominated in foreign currencies. As a result, the exchange rates used in preparing the consolidated financial statements may affect the Group's operating results and financial position.」
In addition to foreign-currency-denominated imports and exports, the impact of translating the financial statements of overseas local entities and subsidiaries was explicitly identified. Foreign exchange losses of ¥113 million were also recorded in the fiscal year, indicating that foreign exchange fluctuations affected results. - FY2019-Q3WorsenedAnnual report
「Ordinary income increased as a result of higher operating income, despite a decrease in equity in earnings of affiliates and an increase in foreign exchange losses.」
The increase in foreign exchange losses continues to be identified as a factor reducing ordinary income, and the loss impact of foreign exchange fluctuations continues. - FY2019-Q2WorsenedAnnual report
「Ordinary income increased as a result of higher operating income, despite decreases in dividends received and equity in earnings of affiliates and an increase in foreign exchange losses.」
Foreign exchange losses increased from ¥21 million in the same period of the previous year to ¥117 million, indicating that the loss impact of foreign exchange fluctuations affected results. - FY2019-Q1MaterialisedAnnual report
「Ordinary income increased as a result of higher operating income, despite decreases in dividends received and equity in earnings of affiliates and an increase in foreign exchange losses.」
Foreign exchange losses increased from ¥2 million in the same period of the previous year to ¥62 million in the current quarter, indicating that foreign exchange fluctuations affected results. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in foreign exchange risk. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no material changes in foreign exchange risk. - FY2018-Q1MitigatedAnnual report
「Operating income decreased by ¥164 million from the same period of the previous year to ¥371 million, down 30.7%, due to an increase in selling, general and administrative expenses. Ordinary income decreased by ¥85 million to ¥662 million, down 11.4%, despite increases in equity in earnings of affiliates and a decrease in foreign exchange losses.」
The decrease in foreign exchange losses is cited as a factor affecting ordinary income, and the loss impact of foreign exchange fluctuations in the current period was smaller than in the same period of the previous year. - FY2017MaterialisedAnnual report
「Foreign exchange losses 97」
Foreign exchange losses of ¥97 million were recorded for the fiscal year, indicating that foreign exchange fluctuations affected results. - FY2017-Q3MaterialisedAnnual report
「Foreign exchange losses 149」
Foreign exchange losses of ¥149 million were recorded during the cumulative third quarter of the fiscal year, indicating that foreign exchange fluctuations affected results. - FY2017-Q2RestatedAnnual report
「Domestic transactions in China increased, driven by expanded sales of refrigeration oils and other products, but were at approximately the same level as the previous year due to the impact of foreign exchange rates.」
Although domestic transactions in China benefited from expanded sales, they remained at approximately the same level as in the same period of the previous year due to the impact of foreign exchange rates. - FY2017-Q1MaterialisedAnnual report
「Domestic transactions in China increased, driven by expanded sales of refrigeration oils and other products, but were at approximately the same level as the previous year due to the impact of foreign exchange rates.」
Although domestic transactions in China benefited from factors contributing to an increase, they remained at approximately the same level as in the same period of the previous year due to the impact of foreign exchange rates. - FY2016First statedAnnual report
「The Group conducts import and export transactions denominated in foreign currencies and hedges the risks from foreign exchange fluctuations through forward exchange contracts. Significant foreign exchange fluctuations may affect the Group's operating results and financial position.」
It is also stated that the Group hedges the risk through forward exchange contracts.