Impact of Foreign Exchange Rate Fluctuations on Purchase Costs and Business Performance
First written in FY2016. 7 of 28 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-11-06.
Eurasia Travel moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 48 of 75 companies on the "Worse" side.
22 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「Regarding operating profit, in addition to incurring expenses to ensure the safe return of customers traveling abroad who were affected by attacks on Iran by the United States and others, the company was also affected by increased purchase costs resulting from the yen's depreciation trend since the beginning of the period. Consequently, operating profit for the interim consolidated period under review declined year on year.」
The increase in purchase costs resulting from the yen's depreciation trend actually materialized and, together with the cost of ensuring the safe return of customers traveling abroad, became a factor behind the decline in operating profit. - FY2025Full-year foreign exchange gains decreasedAnnual report
「Foreign exchange gains 1,870 1,152」
Foreign exchange gains decreased from ¥1.870 million in FY2024 to ¥1.152 million in FY2025. The company continues to maintain its policy of addressing the foreign exchange risk related to ground expenses, for which a high proportion of payments are made in foreign currencies, through pricing and foreign exchange forward contracts. - FY2025-H1Foreign exchange gains increasedAnnual report
「Foreign exchange gains 1,327 6,652」
Foreign exchange gains increased from ¥1.327 million in the same period of the previous year to ¥6.652 million in the six-month interim consolidated accounting period under review. This indicates a change in actual results reflecting the impact of foreign exchange movements on profit and loss. - FY2024Full-year decrease in foreign exchange gainAnnual report
「Foreign exchange gains 9,892 1,870」
Foreign exchange gains decreased from ¥9.892 million in the previous fiscal year to ¥1.870 million. Meanwhile, the company continues to maintain its policy of addressing the foreign exchange risk related to ground expenses, for which a high proportion of payments are made in foreign currencies, through pricing and foreign exchange forward contracts. - FY2024-Q2Foreign exchange gains increasedAnnual report
「Foreign exchange gains 24 1,327」
In connection with foreign exchange movements, foreign exchange gains during the six-month period ended the second quarter were ¥1.327 million, up from ¥24,000 in the same period of the previous year. - FY2024-Q1MaterialisedAnnual report
「During the first quarter consolidated cumulative period, Japan's economy remained subject to major changes in the operating environment, including rising wages and prices, interest-rate differentials between Japan and other countries and fluctuations in the yen exchange rate, rising geopolitical risks, and concerns about economic deterioration overseas, all continuing from the previous consolidated fiscal year.」
Amid continued changes in the business environment, including fluctuations in the yen exchange rate, the company recorded foreign exchange losses of ¥1.574 million as non-operating expenses in the first quarter, indicating that the impact of foreign exchange movements had materialized in its results. - FY2023Full-year decrease in foreign exchange gainAnnual report
「Foreign exchange gains 32,219 9,892」
Foreign exchange gains decreased from ¥32.219 million in the previous fiscal year to ¥9.892 million. Meanwhile, the company continues to describe the foreign exchange risk related to ground expenses, for which a high proportion of payments are made in foreign currencies, and its policy of responding through pricing and foreign exchange forward contracts. - FY2023-Q2Foreign exchange gains decreasedAnnual report
「Foreign exchange gains 29,224 24」
Foreign exchange gains during the six-month period ended the second quarter were ¥24,000, a significant decrease from ¥29.224 million in the same period of the previous year. - FY2023-Q1Foreign exchange gains decreasedAnnual report
「Foreign exchange gains 7,107 862」
Foreign exchange gains during the three-month period ended the first quarter were ¥862,000, down from ¥7.107 million in the same quarter of the previous year. - FY2022Full-year foreign exchange gain recordedAnnual report
「Foreign exchange gains 32,219」
The company continues to describe the foreign exchange risk arising from ground expenses, for which a high proportion of payments are made in foreign currencies, and its responses through pricing and foreign exchange forward contracts. In terms of profit and loss, it recorded foreign exchange gains of ¥32.219 million during the fiscal year under review. - FY2022-Q3Cumulative foreign exchange gains increasedAnnual report
「Foreign exchange gains 35,062」
The company recorded foreign exchange gains of ¥35.062 million during the nine-month period ended the third quarter, up from ¥19.053 million in the same period of the previous year. - FY2022-Q2Cumulative foreign exchange gains increasedAnnual report
「Foreign exchange gains 29,224」
The company recorded foreign exchange gains of ¥29.224 million as non-operating income during the six-month period ended the second quarter, up from ¥17.041 million in the same period of the previous year. - FY2022-Q1Foreign-Exchange Gain RecordedAnnual report
「Foreign exchange gains 7,107」
The company recorded foreign exchange gains of ¥7.107 million as non-operating income during the three-month period ended the first quarter. - FY2021-Q3Cumulative foreign exchange gains increasedAnnual report
「Foreign exchange gains 19,053」
The company recorded foreign exchange gains of ¥19.053 million as non-operating income during the nine-month period ended the third quarter. The cumulative amount increased from ¥17.041 million in FY2021-Q2. - FY2021-Q2Foreign-Exchange Gain RecordedAnnual report
「Foreign exchange gains 17,041」
The company recorded foreign exchange gains of ¥17.041 million as non-operating income during the six-month period ended the second quarter. - FY2020RestatedAnnual report
「In connection with the sale of overseas travel, foreign exchange movements may affect financial results and other matters because a high proportion of payments for ground expenses, which account for approximately half of purchase costs, are made in foreign currencies.」
The company continues to describe the foreign exchange risk arising from ground expenses accounting for approximately half of purchase costs and the high proportion of foreign-currency payments. - FY2019RestatedAnnual report
「In connection with the sale of overseas travel, foreign exchange movements may affect financial results and other matters because a high proportion of payments for ground expenses, which account for approximately half of purchase costs, are made in foreign currencies. In setting product prices, we set prices based on the exchange rate at the time of pricing and enter into foreign exchange forward contracts based on forecast foreign-currency transactions. However, if foreign exchange movements significantly exceed expectations, they may affect financial results and other matters.」
The company reconfirms for the full year the foreign exchange risk arising from the high proportion of foreign-currency payments for ground expenses, as well as its responses through pricing and foreign exchange forward contracts. - FY2019-Q3Foreign exchange trends contributed to higher revenue and profitAnnual report
「Along with an increase in revenue, changes in foreign exchange trends contributed to a concentrated occurrence of higher revenue and profit.」
Changes in foreign exchange trends, together with special demand from a 10-day holiday period and other factors, were cited as reasons for higher revenue and profit during the nine-month period ended the third quarter. - FY2018RestatedAnnual report
「In connection with the sale of overseas travel, foreign exchange movements may affect financial results and other matters because a high proportion of payments for ground expenses, which account for approximately half of purchase costs, are made in foreign currencies.」
The company reconfirms the foreign exchange risk arising from ground expenses accounting for approximately half of purchase costs and the high proportion of foreign-currency payments. - FY2018-Q3RestatedAnnual report
「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe, the Middle East and elsewhere. During the third quarter consolidated cumulative period, demand showed signs of a gradual recovery year on year, but higher costs due to exchange-rate movements and rising fuel surcharges as a proportion of airfares resulted in a slight increase in revenue and a decline in profit.」
The company continues to explain that higher costs resulting from foreign exchange trends, together with higher fuel surcharges, became factors behind the decline in profit. - FY2018-Q2MaterialisedAnnual report
「During the six-month period ended [the current second quarter], demand showed a gradual recovery from the same period of the previous year, but costs also increased owing to foreign exchange trends and higher fuel surcharges as a proportion of airfares, resulting in a slight increase in revenue but a decline in profit.」
The impact of foreign exchange trends on costs actually materialized and was cited, together with higher fuel surcharges, as a factor behind the decline in profit. - FY2017RestatedAnnual report
「In connection with the sale of overseas travel, foreign exchange movements may affect financial results and other matters because a high proportion of payments for ground expenses, which account for approximately half of purchase costs, are made in foreign currencies.」
The company reiterates the foreign exchange risk arising from ground expenses accounting for approximately half of purchase costs and the high proportion of foreign-currency payments. - FY2016First statedAnnual report
「In connection with the sale of overseas travel, foreign exchange movements may affect financial results and other matters because a high proportion of payments for ground expenses, which account for approximately half of purchase costs, are made in foreign currencies.」
The company cites the high proportion of foreign-currency payments for ground expenses, which account for approximately half of purchase costs, as the basis for its foreign exchange risk. It also states that purchase costs continued to increase as the yen depreciated significantly.