Foreign Exchange Risk Associated with Overseas Investment and Financing
First written in FY2016. 3 of 7 entries say "Materialised", first in FY2023. Latest entry: 2026-08-12.
FinTech Global moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).
0 other companies' latest entry also says "Materialised".
- 2026-08-12MaterialisedEarnings
「Foreign exchange loss — 22.959」
A foreign exchange loss of ¥22.959 million was recognized during the cumulative third-quarter period. - FY2025MaterialisedAnnual report
「Non-operating expenses amounted to ¥289 million, mainly due to ¥169 million of interest expenses on borrowings from financial institutions for the development of Moominvalley Park, working capital and the acquisition of aviation assets, an increase of ¥95 million from ¥193 million in the previous consolidated fiscal year.」
In relation to foreign exchange fluctuations associated with overseas group companies and overseas investments and loans, the Company recognised a ¥33.620 million foreign exchange loss during the consolidated fiscal year. - FY2023MaterialisedAnnual report
「Non-operating expenses amounted to ¥158 million, mainly due to ¥129 million of interest expenses on borrowings from financial institutions and leases for the development of Moominvalley Park, and a ¥21 million foreign exchange loss.」
Foreign exchange fluctuation risks relating to overseas group companies and overseas investments and loans materialised as a ¥21 million foreign exchange loss during the consolidated fiscal year. - FY2020RestatedAnnual report
「Revenue, expenses, assets, liabilities and other items of overseas group companies, including SGI-Group B.V., are translated into yen to prepare the Company's consolidated financial statements and are therefore affected by fluctuations in foreign exchange rates.」
The Company continues to describe foreign exchange fluctuation risks relating to the translation into yen of overseas group companies and investments and loans to overseas companies and funds. - FY2019RestatedAnnual report
「Revenue, expenses, assets, liabilities and other items of overseas group companies, including SGI-Group B.V., are translated into yen to prepare the Company's consolidated financial statements and are therefore affected by fluctuations in foreign exchange rates.」
The Company continues to describe foreign exchange fluctuation risks relating to the translation into yen of overseas subsidiaries and overseas investments and loans, as well as recovery amounts and acquisition costs. - FY2017MitigatedAnnual report
「Derivative transactions are used to hedge future foreign exchange fluctuation risks relating to foreign-currency-denominated securities.」
The Company states that derivative transactions are used to hedge foreign exchange risks associated with overseas investments and loans. - FY2016First statedAnnual report
「Accordingly, a stronger yen will reduce the amount recovered in yen when funds are recovered. Conversely, a weaker yen will increase the acquisition cost in yen at the time of acquisition. In addition, the Group's funds may be managed in foreign currencies, in which case a stronger yen will result in foreign exchange losses.」
The Company describes the effects of a stronger and weaker yen in connection with investments and loans to overseas companies and funds and the management of foreign-currency assets, and recognised a foreign exchange loss of ¥211 million during the fiscal year.