Foreign Exchange Rate Fluctuation Risk Related to Overseas Subsidiaries and Transactions
First written in FY2017-Q2. 3 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 73 of 126 companies on the "Worse" side.
36 other companies' latest entry also says "Other".
- FY2026Revenue in the global business increased due to foreign-exchange effectsAnnual report
「In global operations, revenue was ¥9,101 million, up 2.3% from the previous consolidated fiscal year, due to the steady performance of overseas subsidiaries and the impact of exchange rates.」
During the fiscal year, the impact of exchange rates emerged as one factor contributing to higher global operations revenue, which increased 2.3% year on year. - FY2026-H1MaterialisedAnnual report
「As a result, global operations reported revenue of ¥4,377 million, down 3.2% from the previous interim consolidated accounting period, and segment profit of ¥916 million, down 6.3%. The business was affected by exchange rates as the yen remained stronger than in the previous consolidated fiscal year, resulting in lower revenue and profit.」
The impact of exchange rates from the stronger yen was reflected in the results as a factor behind the 3.2% decline in global operations revenue and the 6.3% decline in segment profit. - FY2023-Q1Yen depreciation contributed to higher overseas salesAnnual report
「As a result, overseas operations performed steadily, supported by the easing of operating restrictions in franchise territories and the recovery in the performance of the U.S. subsidiary, among other factors. In addition, the weaker yen contributed to results, with revenue of ¥1,799 million, up 16.9% year on year, and segment profit of ¥441 million, up 55.2%.」
The impact of exchange-rate fluctuations was disclosed for the quarter, with yen depreciation identified as one factor contributing to higher revenue from overseas operations. - FY2022RestatedAnnual report
「The Group has consolidated subsidiaries overseas and, in preparing its consolidated financial statements, translates the financial statements of overseas subsidiaries from their local currencies into Japanese yen.」
The risk of exchange-rate fluctuations arising from translating overseas subsidiaries, royalty income and other items into yen continued to be disclosed. - FY2018MitigatedAnnual report
「As necessary, we use forward exchange contracts to mitigate the risk of exchange-rate fluctuations on foreign-currency-denominated receivables. We do not engage in speculative transactions.」
The use of forward exchange contracts as necessary and the policy of not engaging in speculative transactions were explicitly stated in response to foreign-exchange risk in transactions with overseas subsidiaries and overseas franchisees. - FY2017RestatedAnnual report
「Our group has consolidated subsidiaries overseas, and in preparing the consolidated financial statements, we translate the financial statements denominated in the subsidiaries' local currencies into Japanese yen. Transactions such as loans to overseas subsidiaries and royalty income received from overseas franchisees, including subsidiaries, are likewise converted into Japanese yen and are therefore affected by fluctuations in exchange rates between the Japanese yen and the respective currencies.」
Foreign-exchange translation risk relating to the financial statements of overseas subsidiaries, loans and royalty income continued to be identified. - FY2017-Q3RestatedAnnual report
「Our group has consolidated subsidiaries overseas, and in preparing the consolidated financial statements, we translate the financial statements denominated in the subsidiaries' local currencies into Japanese yen. Transactions such as loans to overseas subsidiaries and royalty income received from overseas franchisees, including subsidiaries, are likewise converted into Japanese yen and are therefore affected by fluctuations in exchange rates between the Japanese yen and the respective currencies. Accordingly, significant exchange-rate fluctuations may affect our group's financial position and operating results.」
Foreign-exchange risk relating to overseas subsidiaries, loans and royalty income from overseas franchisees continued to be identified. - FY2017-Q2First statedAnnual report
「Our group has consolidated subsidiaries overseas, and in preparing the consolidated financial statements, we translate the financial statements denominated in the subsidiaries' local currencies into Japanese yen. Transactions such as loans to overseas subsidiaries and royalty income received from overseas franchisees, including subsidiaries, are likewise converted into Japanese yen and are therefore affected by fluctuations in exchange rates between the Japanese yen and the respective currencies. Accordingly, significant exchange-rate fluctuations may affect our group's financial position and operating results.」
The potential impact of exchange-rate fluctuations on the translation of overseas subsidiaries' financial statements, loans to overseas subsidiaries and royalty income from overseas franchisees was identified for the first time as a separate risk.