Foreign Exchange Rate Risk
First written in FY2016. 26 of 29 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
The Sumitomo Warehouse 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: 16 of 27 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Foreign currency translation adjustment account 8,137 9,116」
The foreign currency translation adjustment account changed from ¥8,137 million at the end of the previous fiscal year to ¥9,116 million, with the impact of currency fluctuations reflected in equity. - FY2026-H1MaterialisedAnnual report
「In the international transportation business, international transportation revenue was ¥26,321 million, down 2.0% year on year, as handling volumes in international integrated transportation declined and the stronger yen also had an impact, although handling volumes at overseas subsidiaries recovered.」
Together with the decrease in international through-transportation volumes, the appreciation of the yen has actually emerged as a factor behind the 2.0% year-on-year decrease in international transportation revenue. - FY2025-H1MaterialisedAnnual report
「Foreign currency translation adjustment account 5,831 8,317」
The foreign currency translation adjustment account changed from ¥5,831 million at the end of the previous fiscal year to ¥8,317 million, with the impact of currency fluctuations reflected in equity. - FY2024-Q3MaterialisedAnnual report
「Foreign currency translation adjustment account 4,154 6,391」
The foreign currency translation adjustment account changed from ¥4,154 million at the end of March 2023 to ¥6,391 million at the end of December 2023, with the impact of currency fluctuations reflected in equity. - FY2024-Q2MaterialisedAnnual report
「Foreign currency translation adjustment account 4,154 5,903」
The foreign currency translation adjustment account increased from ¥4,154 million at the end of March 2023 to ¥5,903 million at the end of September 2023, with the impact of currency fluctuations reflected in equity. - FY2023MaterialisedAnnual report
「Foreign exchange loss － 128」
The Company recorded a foreign exchange loss of ¥128 million for the fiscal year, with the impact of currency fluctuations actually reflected in earnings. - FY2023-Q2MaterialisedAnnual report
「In the international transportation business, international transportation revenue was ¥37,708 million, up 44.3% year on year, as higher ocean freight rates increased revenue from international integrated transportation, overseas subsidiaries performed strongly, particularly in the United States, and the yen remained weaker than in the same period of the previous year, contributing to higher revenue.」
Compared with the same period of the previous year, the weaker yen actually emerged as a factor behind higher revenue at overseas subsidiaries and higher international transportation revenue. - FY2023-Q1MaterialisedAnnual report
「Foreign currency translation adjustment account 2,685 3,293」
The foreign currency translation adjustment account changed from ¥2,685 million at the end of March 2022 to ¥3,293 million at the end of June 2022, with the impact of currency fluctuations reflected in equity. - FY2022-Q3MaterialisedAnnual report
「Foreign currency translation adjustment account 1,434 2,516」
The foreign currency translation adjustment account increased from ¥1,434 million at the end of March 2021 to ¥2,516 million at the end of December 2021, with the impact of currency fluctuations reflected in equity. - FY2022-Q2MaterialisedAnnual report
「Foreign exchange loss 7 100」
The foreign exchange loss increased from ¥7 million in the same period of the previous year to ¥100 million, with the impact of currency fluctuations actually reflected in earnings for the quarter. - FY2022-Q1MaterialisedAnnual report
「Foreign exchange loss － 69」
The Company recorded a foreign exchange loss of ¥69 million in the first quarter, with the impact of currency fluctuations actually reflected in earnings. Meanwhile, the increase in the foreign currency translation adjustment account resulting from yen depreciation contributed to higher equity. - FY2021RestatedAnnual report
「The Group takes measures to mitigate the impact of currency fluctuations by considering the balance of foreign-currency-denominated receivables and payables. However, currency fluctuations may affect the Group's financial position and operating results.」
The Group continues to disclose the risks associated with the translation of overseas subsidiaries and foreign-currency-denominated transactions while taking measures to mitigate the impact of currency fluctuations. - FY2021-Q3MaterialisedAnnual report
「In addition to the decrease in transportation volumes during the six-month period ended with the second quarter, the appreciation of the yen also contributed to operating revenue of ¥16,612 million, down 11.9% year on year.」
The appreciation of the yen has actually emerged as a factor reducing operating revenue in the shipping business by 11.9% year on year. - FY2021-Q2MaterialisedAnnual report
「In the international transportation business, there were factors supporting higher revenue, including tight transportation supply and demand and higher air freight rates resulting from reduced international flight operations and other effects of the infection. However, project transportation, international through-transportation and handling by overseas subsidiaries were below the previous year's levels, and the appreciation of the yen also had an impact. International transportation revenue was ¥19,880 million, down 1.8% year on year.」
Together with the decrease in international transportation volumes, the appreciation of the yen has actually emerged as a factor behind the 1.8% year-on-year decrease in international transportation revenue. - FY2021-Q1MaterialisedAnnual report
「In the international transportation business, higher airfares resulting from reduced international flight operations and other factors related to the pandemic provided a source of revenue growth in air cargo handling. However, international integrated transportation handling remained at the level of the same period of the previous year, and the stronger yen also had an impact. As a result, international transportation revenue was ¥10,168 million, down 1.2% year on year.」
Together with stagnant international through-transport volumes, the appreciation of the yen has actually emerged as a factor behind the 1.2% year-on-year decrease in international transportation revenue. - FY2020-Q3MaterialisedAnnual report
「In the international transportation business, international transportation revenue was ¥30,544 million, up 1.0% year on year, although the increase was limited by the stronger yen despite higher handling volumes in international integrated transportation.」
The appreciation of the yen has actually emerged as a factor limiting the increase in international transportation revenue. The earnings impact of yen appreciation is also disclosed for the shipping business. - FY2020-Q2MaterialisedAnnual report
「Foreign currency translation adjustment account △ 841 △ 279」
A ¥279 million decrease in the foreign currency translation adjustment account was recorded for the six-month period ended with the second quarter, and the impact of currency fluctuations continues to be reflected in comprehensive income. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 64 45」
The Company recorded a foreign exchange loss of ¥45 million in the first quarter, and the impact of currency fluctuations continues to be reflected in earnings. - FY2019MaterialisedAnnual report
「Foreign currency translation adjustment」
The foreign currency translation adjustment account decreased from ¥3,571 million to ¥2,171 million, and a ¥903 million decrease in the account was recorded in other comprehensive income. - FY2019-Q2MaterialisedAnnual report
「Total equity decreased 1.3% from the end of the previous fiscal year to ¥191,008 million, mainly due to decreases in non-controlling interests and the foreign currency translation adjustment account.」
The decrease in the foreign currency translation adjustment account has actually emerged as a factor behind the decrease in equity. - FY2019-Q1MaterialisedAnnual report
「Foreign exchange losses — ¥64 million」
The Company recorded a foreign exchange loss of ¥64 million in the first quarter, with the impact of currency fluctuations actually reflected in earnings. - FY2018RestatedAnnual report
「In preparing the consolidated financial statements of the Group, the financial statements of overseas consolidated subsidiaries are translated into yen. Fluctuations in exchange rates may therefore affect the Group's financial position and operating results.」
The risk of currency fluctuations arising from the translation of overseas subsidiaries' financial statements continues to be disclosed. - FY2018-Q2MaterialisedAnnual report
「Ordinary profit was ¥6,143 million, up 5.1% year on year, despite a decrease in foreign exchange gains, mainly due to an increase in dividend income received.」
The decrease in foreign exchange gains has actually emerged as a factor behind the change in ordinary profit, and the impact of currency fluctuations continues to be reflected. - FY2018-Q1MaterialisedAnnual report
「Ordinary income was ¥3.676 billion, up 1.4% year on year, as the increase in dividends received was more than offset by a decline in foreign exchange gains and other factors.」
The decrease in foreign exchange gains has actually emerged as a factor behind the change in ordinary profit, and the impact of currency fluctuations continues to be reflected. - FY2017MaterialisedAnnual report
「In the international transportation business, international transportation revenue was ¥32.694 billion, down 4.2% from the previous fiscal year, owing in part to the impact of exchange rates, which were stronger for the yen than in the previous fiscal year, and a decline in project cargo handled.」
The stronger yen again actually appeared as a factor behind the decline in international transportation revenue in the current period. - FY2017-Q3MaterialisedAnnual report
「In the international transportation business, international transportation revenue was ¥22.699 billion, down 12.0% year on year, owing in part to the yen remaining stronger against foreign currencies than in the same period of the previous year (Note 3) and a decline in project cargo handled.」
The stronger yen and decline in project cargo handled continued, contributing to the 12.0% year-on-year decline in international transportation revenue. - FY2017-Q2MaterialisedAnnual report
「In the international transportation business, international transportation revenue was ¥15.224 billion, down 14.5% year on year, owing in part to the yen remaining stronger against foreign currencies than in the same period of the previous year and a decline in project cargo handled.」
The stronger yen continued and, together with the decline in project cargo handled, contributed to the 14.5% year-on-year decline in international transportation revenue. The shipping business was also affected by the trend toward yen appreciation. - FY2017-Q1MaterialisedAnnual report
「In the international transportation business, international transportation revenue was ¥7.993 billion, down 7.9% year on year, as project cargo handled fell below the level of the same period of the previous year and the yen was stronger against foreign currencies than in the same period of the previous year.」
The stronger yen year on year was identified as an actual factor contributing to the decline in international transportation revenue. - FY2016First statedAnnual report
「Fluctuations in foreign exchange rates may affect the group's financial position and operating results.」
It identifies the risk associated with translating the financial statements of overseas consolidated subsidiaries into yen.