Foreign exchange risk associated with overseas operations and investments
First written in FY2018. 19 of 25 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2026.
Tokyo Century moved to the "Worse" side of this theme in 2018, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 6 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Decrease in the Foreign Currency Translation AdjustmentAnnual report
「The main factors were a ¥76.6 billion increase in retained earnings, more than offset by an ¥86.7 billion decrease in the foreign currency translation adjustment due to the stronger yen.」
Exchange-rate movements associated with overseas businesses and investments were reflected in net assets as an ¥86.7 billion decrease in the foreign currency translation adjustment due to the stronger yen. - FY2026-H1MaterialisedAnnual report
「Total net assets decreased by ¥4.4 billion, or 0.4%, from the end of the previous fiscal year to ¥1,172.5 billion. The main factors were a ¥76.6 billion increase in retained earnings, more than offset by an ¥86.7 billion decrease in the foreign currency translation adjustment due to the stronger yen.」
Exchange-rate movements associated with overseas businesses and investments were actually reflected in net assets as an ¥86.7 billion decrease in the foreign currency translation adjustment due to the stronger yen. - FY2025-H1WorsenedAnnual report
「Total net assets increased by ¥163.1 billion, or 16.1%, from the end of the previous fiscal year to ¥1,174.3 billion. The main factors were increases of ¥135.0 billion in the foreign currency translation adjustment and ¥29.9 billion in retained earnings.」
The impact of exchange-rate movements associated with overseas businesses and investments was reflected in net assets as a ¥135.0 billion increase in the foreign currency translation adjustment. - FY2024-Q3WorsenedAnnual report
「Total net assets increased by ¥149.1 billion, or 16.8%, from the end of the previous fiscal year to ¥1,038.1 billion. The main factors were increases of ¥35.6 billion in retained earnings and ¥101.0 billion in the foreign currency translation adjustment.」
The impact of exchange-rate movements associated with overseas businesses and investments was reflected in net assets at the end of the third quarter as a ¥101.0 billion increase in the foreign currency translation adjustment. The impact increased from the ¥65.0 billion increase at the end of the second quarter of the previous fiscal year. - FY2024-Q2MaterialisedAnnual report
「Total net assets increased by ¥103.4 billion, or 11.6%, from the end of the previous fiscal year to ¥992.4 billion. The main factors were increases of ¥26.4 billion in retained earnings and ¥65.0 billion in the foreign currency translation adjustment.」
The impact of exchange-rate movements associated with overseas businesses and investments was actually reflected in net assets at the end of the second quarter as a ¥65.0 billion increase in the foreign currency translation adjustment. - FY2024-Q1MaterialisedAnnual report
「The foreign currency translation adjustment changed from ¥123,168 million at the end of the previous consolidated fiscal year to ¥120,044 million at the end of the first quarter of the current consolidated fiscal year.」
Exchange-rate movements associated with overseas businesses and investments were reflected in net assets at the end of the quarter as a ¥3,124 million decrease in the foreign currency translation adjustment. - FY2023MaterialisedAnnual report
「Total net assets increased by ¥93.4 billion, or 11.7%, from the end of the previous fiscal year to ¥889.0 billion. The main factor was a ¥103.1 billion increase in the foreign currency translation adjustment, despite a ¥12.7 billion decrease in retained earnings.」
Exchange-rate movements associated with overseas businesses and investments were reflected in full-year net assets as a ¥103.1 billion increase in the foreign currency translation adjustment. - FY2023-Q3WorsenedAnnual report
「Total net assets increased by ¥158.9 billion, or 20.0%, from the end of the previous fiscal year to ¥954.5 billion. The main factor was a ¥173.4 billion increase in the foreign currency translation adjustment, despite a ¥27.7 billion decrease in retained earnings due to the recognition of a quarterly net loss and the payment of dividends.」
The impact of exchange-rate movements associated with overseas businesses and investments was reflected in net assets as a ¥173.4 billion increase in the foreign currency translation adjustment. The impact increased from the ¥115.3 billion increase in the previous quarter. - FY2023-Q2Greater impact of exchange-rate movements on net assetsAnnual report
「Total net assets increased by ¥119.6 billion, or 15.0%, from the end of the previous fiscal year to ¥915.2 billion. The main factor was a ¥115.3 billion increase in the foreign currency translation adjustment, despite a ¥15.1 billion decrease in retained earnings due to the recognition of a quarterly net loss and the payment of the year-end dividend.」
The impact of exchange-rate movements associated with overseas businesses and investments was reflected in net assets as a ¥115.3 billion increase in the foreign currency translation adjustment. - FY2023-Q1MaterialisedAnnual report
「Total net assets increased by ¥10.7 billion, or 1.3%, from the end of the previous fiscal year to ¥806.3 billion. The main factors were a ¥34.3 billion increase in the foreign currency translation adjustment, despite a ¥28.3 billion decrease in retained earnings due to the recognition of a quarterly net loss and the payment of the year-end dividend.」
Exchange-rate movements associated with overseas businesses and investments were actually reflected in net assets at the end of the first quarter as a ¥34.3 billion increase in the foreign currency translation adjustment. - FY2022-Q3MaterialisedAnnual report
「Total net assets increased by ¥80.6 billion, or 11.7%, from the end of the previous fiscal year to ¥769.0 billion. The main factors were increases of ¥26.3 billion in retained earnings, ¥48.7 billion in the foreign currency translation adjustment, mainly due to exchange-rate movements, and ¥4.6 billion in non-controlling interests.」
The impact of exchange-rate movements associated with overseas businesses and investments was actually reflected in net assets at the end of the third quarter as a ¥48.7 billion increase in the foreign currency translation adjustment. - FY2022-Q2MaterialisedAnnual report
「Total net assets increased by ¥72.6 billion, or 10.5%, from the end of the previous fiscal year to ¥760.9 billion. The main factors were increases of ¥24.6 billion in retained earnings, ¥43.7 billion in the foreign currency translation adjustment, mainly due to exchange-rate movements, and ¥2.9 billion in non-controlling interests.」
Exchange-rate movements associated with overseas businesses and investments were actually reflected in net assets at the end of the second quarter as a ¥43.7 billion increase in the foreign currency translation adjustment. - FY2022-Q1MaterialisedAnnual report
「The main factors were increases of ¥44.7 billion in the foreign currency translation adjustment, mainly due to exchange-rate movements, and ¥10.0 billion in retained earnings from accumulated profits.」
Exchange-rate movements associated with overseas businesses and investments were actually reflected in net assets for the quarter as a ¥44.7 billion increase in the foreign currency translation adjustment. - FY2021MaterialisedAnnual report
「Although the foreign currency translation adjustment decreased by ¥36.9 billion from the end of the previous fiscal year due to exchange-rate movements, retained earnings increased by ¥32.3 billion from the end of the previous fiscal year, and valuation difference on available-for-sale securities increased by ¥18.6 billion due to higher market values.」
Exchange-rate movements associated with overseas businesses and investments actually affected full-year net assets as a ¥36.9 billion decrease in the foreign currency translation adjustment. - FY2021-Q3MaterialisedAnnual report
「Total net assets increased by ¥2,716.3 million, or 4.1%, from the end of the previous fiscal year to ¥687,308 million. The main factors were increases of ¥2,330.3 million in retained earnings and ¥1,037.5 million in valuation difference on available-for-sale securities, partly offset by a ¥1,574.7 million decrease in the foreign currency translation adjustment.」
The impact of exchange-rate movements associated with overseas businesses and investments was actually reflected in net assets at the end of the third quarter as a ¥1,574.7 million decrease in the foreign currency translation adjustment. - FY2021-Q2MaterialisedAnnual report
「Total net assets increased by ¥1,567.9 million, or 2.4%, from the end of the previous fiscal year to ¥675,824 million. The main factors were increases of ¥1,897.6 million in retained earnings and ¥474.2 million in valuation difference on available-for-sale securities, partly offset by a ¥1,094.3 million decrease in the foreign currency translation adjustment.」
The impact of exchange-rate movements associated with overseas businesses and investments was reflected in net assets at the end of the second quarter as a ¥1,094.3 million increase in the foreign currency translation adjustment. - FY2021-Q1MaterialisedAnnual report
「Total net assets increased by ¥380.9 million, or 0.6%, from the end of the previous fiscal year to ¥663,954 million. The main factors were increases of ¥640.7 million in retained earnings and ¥597.3 million in valuation difference on available-for-sale securities, partly offset by a ¥754.4 million decrease in the foreign currency translation adjustment.」
The impact of exchange-rate movements associated with overseas businesses and investments was actually reflected in net assets at the end of the first quarter as a ¥754.4 million decrease in the foreign currency translation adjustment. - FY2020MaterialisedAnnual report
「The foreign currency translation adjustment changed from negative ¥8,078 million at the end of the previous consolidated fiscal year to negative ¥4,953 million at the end of the consolidated fiscal year.」
The impact of exchange-rate movements associated with overseas businesses and investments continues to be reflected in net assets, although the negative foreign currency translation adjustment has narrowed. - FY2020-Q3MaterialisedAnnual report
「The main factors were a ¥2,662.7 million increase in retained earnings, despite a ¥932.3 million decrease in the foreign currency translation adjustment due to exchange-rate movements.」
The impact of exchange-rate movements associated with overseas businesses and investments was actually reflected in net assets at the end of the third quarter as a ¥932.3 million decrease in the foreign currency translation adjustment. - FY2020-Q2MaterialisedAnnual report
「Total net assets increased by ¥1,429.5 million, or 2.7%, from the end of the previous fiscal year to ¥538,667 million. The main factors were a ¥2,036.0 million increase in retained earnings, despite a ¥779.9 million decrease in the foreign currency translation adjustment due to exchange-rate movements.」
The impact of exchange-rate movements associated with overseas businesses and investments was reflected in net assets at the end of the second quarter as a ¥779.9 million decrease in the foreign currency translation adjustment. - FY2019MaterialisedAnnual report
「The foreign currency translation adjustment changed from negative ¥579 million at the end of the previous consolidated fiscal year to negative ¥8,078 million at the end of the consolidated fiscal year.」
The impact of exchange-rate movements associated with overseas businesses and investments was reflected in net assets at fiscal year-end as a substantial decrease in the foreign currency translation adjustment. - FY2019-Q3MaterialisedAnnual report
「Foreign currency translation adjustment △ 579 △ 1,680」
The foreign currency translation adjustment changed from negative ¥579 million at the end of the previous consolidated fiscal year to negative ¥1,680 million at the end of the third quarter, with the impact of exchange-rate movements associated with overseas businesses and investments reflected in net assets. - FY2019-Q2MaterialisedAnnual report
「Foreign currency translation adjustment △ 579 △ 7,408」
From the end of the previous consolidated fiscal year to the end of the second quarter, the foreign currency translation adjustment decreased from negative ¥579 million to negative ¥7,408 million, with the impact of exchange-rate movements associated with overseas businesses and investments continuing to be reflected in net assets. - FY2019-Q1MaterialisedAnnual report
「Total net assets decreased by ¥2,723 million, or 0.6%, from the end of the previous fiscal year to ¥453,313 million. The main factor was a ¥13,310 million decrease in the foreign currency translation adjustment due to foreign exchange effects, despite a ¥6,747 million increase in retained earnings.」
Foreign exchange movements associated with overseas businesses and investments actually affected net assets through a ¥13,310 million decrease in the foreign currency translation adjustment. - FY2018First statedAnnual report
「Investments in overseas businesses also carry the risk that fluctuations in foreign exchange rates may increase or decrease shareholders' equity and period earnings, potentially affecting the performance of the Group.」
The foreign exchange risk associated with translating the earnings of overseas subsidiaries and associates and with overseas investments has been identified for the first time as a separate risk item.