Foreign exchange risk related to foreign-currency aircraft leases and maintenance costs
First written in FY2023. 6 of 7 entries say "Materialised", first in FY2024. Latest entry: 2026-11-09.
Skymark Airlines moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Ordinary income amounted to ¥2,907 million, up 282.4% year on year, due to the recognition of foreign exchange gains on foreign-currency assets as exchange rates at the end of the fiscal year were relatively weaker against the yen than at the end of the previous fiscal year.」
The company recorded ¥1,338 million in foreign exchange gains on foreign-currency assets due to the weaker yen, and exchange-rate fluctuations actually affected ordinary income for the period. - 2026-05-15MaterialisedRevision to earnings forecasts
「為替相場の変動により、当第４四半期会計期間（2026 年１月１日～2026 年３月 31 日）において、427 百万円の為替差益を計上いたしました。」
外貨建資産負債の評価替えにより為替変動の影響が実績として現れた。今回は為替差損ではなく為替差益である。 - FY2025-H1MaterialisedAnnual report
「In non-operating income and expenses, the company recorded ¥2,252 million in foreign exchange losses, primarily valuation losses on foreign-currency assets due to the stronger yen, resulting in ordinary income of ¥95 million, down 98.4% year on year.」
The company recorded ¥2,252 million in foreign exchange losses as valuation losses on foreign-currency assets due to the stronger yen, and exchange-rate fluctuations actually affected non-operating income and expenses. - FY2024MaterialisedAnnual report
「Costs increased significantly more than expected due to the sharp depreciation of the yen, soaring crude oil prices, and rising global inflationary pressures.」
The weaker yen was identified as an actual driver of cost increases, and foreign exchange gains also affected business performance. - FY2023First statedAnnual report
「The company is exposed to the effects of exchange-rate fluctuations because most aircraft leases and aircraft maintenance, as well as sales and purchase agreements for aircraft scheduled for purchase, are denominated in foreign currencies.」
The company disclosed risks relating to foreign-currency aircraft leases, maintenance, purchase agreements, and foreign-currency receivables. Although these risks are mitigated through forward exchange contracts, they cannot be eliminated completely.