Impact of Exchange Rate Fluctuations on Yen-Equivalent Values, Costs and Profit Margins
First written in FY2016. 18 of 36 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-11-04.
The whole theme swung hardest in 2025: 72 of 160 companies on the "Worse" side.
- 2026-11-04MaterialisedResults
「Foreign exchange gain 71 —」
The foreign exchange impact on earnings materialized as a foreign exchange loss of ¥71 million in the current interim period, compared with a foreign exchange gain of ¥71 million in the same period of the previous year. - FY2026Shift from foreign exchange losses to foreign exchange gainsAnnual report
「The impact of the ¥610 million foreign exchange loss recorded in the previous consolidated fiscal year on foreign-currency-denominated loans and other assets to overseas subsidiaries ceased, and a ¥64 million foreign exchange gain was recorded.」
The company moved from a ¥610 million foreign exchange loss in the previous fiscal year to a ¥64 million foreign exchange gain in the current fiscal year, with the impact of foreign exchange movements on profit and loss shifting from a loss to a gain. - FY2026-H1Shift from foreign exchange losses to foreign exchange gainsAnnual report
「Foreign exchange gain 71” “Foreign exchange loss 534」
The company moved from a foreign exchange loss of ¥534 million in the same period of the previous year to a foreign exchange gain of ¥71 million in the current interim consolidated accounting period, with the impact of foreign exchange movements on profit and loss shifting from a loss to a gain. - FY2025-H1MaterialisedAnnual report
「Ordinary income was ¥1,859 million, down 19.6%, due to the impact of foreign exchange valuation losses.」
The result shifted from a foreign exchange gain in the same period of the previous year, and during the current six-month consolidated accounting period, foreign exchange valuation losses actually emerged as a factor behind the decline in ordinary income. - FY2024Foreign exchange gains from the yen's depreciation increasedAnnual report
「Non-operating income increased by ¥408 million due to a ¥205 million increase in the foreign exchange gain resulting from the weaker yen (a ¥49 million foreign exchange loss in the previous consolidated fiscal year), among other factors, and increased by ¥1,212 million from the previous consolidated fiscal year to ¥5,022 million.」
The ¥49 million foreign exchange loss in the previous fiscal year became a ¥205 million foreign exchange gain in the current fiscal year, and the impact of foreign exchange fluctuations appeared substantially on the earnings side. - FY2024-Q3Foreign-exchange gains decreasedAnnual report
「Foreign exchange gain 41」
A ¥41 million foreign exchange gain was recorded during the cumulative nine-month period. This was down from the ¥117 million foreign exchange gain reported for the cumulative period of the previous quarter. - FY2024-Q2Foreign-exchange gains increasedAnnual report
「Foreign exchange gains 117」
The foreign exchange gain during the cumulative six-month period was ¥117 million, up from ¥77 million in the same period of the previous year. The impact of foreign exchange fluctuations continued to appear in earnings. - FY2024-Q1Foreign exchange gains from the weaker yen occurring concurrently with higher pricesAnnual report
「Higher prices due to the weaker yen; foreign exchange gain 104」
While the weaker yen was cited as a factor behind higher prices, a ¥104 million foreign exchange gain was recorded in the first quarter, meaning that the impact of foreign exchange fluctuations appeared on both the cost and earnings sides. - FY2023-Q3MaterialisedAnnual report
「Foreign exchange loss 39」
The result shifted from a ¥77 million foreign exchange gain during the cumulative period of the previous quarter to a ¥39 million foreign exchange loss during the cumulative nine-month period. While higher sales at overseas subsidiaries due to the weaker yen and an increase in the foreign currency translation adjustment were recorded, the loss impact of foreign exchange fluctuations also appeared in actual results. - FY2023-Q2Higher sales and foreign exchange gains from the weaker yen occurring concurrently with higher import costsAnnual report
「At overseas subsidiaries, sales increased due to the impact of the weaker yen, but production at factories was suspended for an extended period due to the impact of the Shanghai lockdown. Foreign exchange gain 77」
While the weaker yen appeared as higher sales at overseas subsidiaries and a ¥77 million foreign exchange gain, higher import prices associated with the rapid depreciation of the yen were also identified as a source of uncertainty in the business environment. - FY2023-Q1Foreign exchange gains from the weaker yen and higher import prices occurring concurrentlyAnnual report
「Uncertainty about the outlook deepened further due to higher raw material prices resulting from the prolonged situation in Ukraine, higher import prices accompanying the rapid depreciation of the yen, and supply chain disruptions caused by the Shanghai lockdown.」
While the rapid depreciation of the yen was cited as a factor behind higher import prices, a ¥51 million foreign exchange gain was recorded in the first quarter, meaning that the impact of foreign exchange fluctuations appeared on both the cost and earnings sides. - FY2022RestatedAnnual report
「Ordinary income increased by ¥173 million from the previous consolidated fiscal year to ¥3,066 million, due to a ¥57 million increase in operating income and a ¥85 million foreign exchange gain resulting from the weaker yen (a ¥66 million foreign exchange loss in the previous consolidated fiscal year), among other factors.」
The ¥85 million foreign exchange loss in the previous fiscal year became a foreign exchange gain due to the weaker yen in the current fiscal year, and the impact of foreign exchange fluctuations appeared in earnings. - FY2022-Q3Higher revenue due to the weaker yen and continued foreign exchange gainsAnnual report
「Manufacturing and sales for the domestic and overseas automotive industries generated higher revenue due to the rebound from the impact of COVID-19 in the previous fiscal year and the impact of the weaker yen on overseas subsidiaries. Foreign exchange gain 34」
The weaker yen at overseas subsidiaries was cited as a factor behind higher revenue, and a ¥34 million foreign exchange gain was recorded in earnings. - FY2022-Q2Foreign-Exchange Gains ContinuedAnnual report
「Foreign exchange gain 30」
Against a ¥129 million foreign exchange loss in the same period of the previous year, a ¥30 million foreign exchange gain was recorded during the cumulative six-month period, and the earnings impact of foreign exchange fluctuations continued on the gain side. - FY2022-Q1Change to a foreign exchange gainAnnual report
「Foreign exchange gain 19」
Against a ¥120 million foreign exchange loss in the same period of the previous year, a ¥19 million foreign exchange gain was recorded during the cumulative three-month period, and the earnings impact of foreign exchange fluctuations shifted from a loss to a gain. - FY2021MaterialisedAnnual report
「Foreign exchange loss 66」
A ¥66 million foreign exchange loss was recorded in the consolidated fiscal year, and the impact of foreign exchange fluctuations continued to appear in earnings. - FY2021-Q3MaterialisedAnnual report
「Foreign exchange loss 136」
A ¥136 million foreign exchange loss was recorded during the cumulative nine-month period, and the impact of foreign exchange fluctuations continued to appear as a loss in earnings. - FY2021-Q2MaterialisedAnnual report
「Foreign exchange loss 129」
A ¥129 million foreign exchange loss was recorded during the cumulative six-month period, and the impact of foreign exchange fluctuations continued to appear as a loss in earnings. - FY2021-Q1MaterialisedAnnual report
「Foreign exchange loss 120」
A ¥120 million foreign exchange loss was recorded during the cumulative three-month period, and the impact of foreign exchange fluctuations appeared as a loss in earnings. - FY2020MaterialisedAnnual report
「Foreign exchange loss 69」
A ¥69 million foreign exchange loss was recorded in the consolidated fiscal year, and the impact of foreign exchange fluctuations continued to appear in earnings. - FY2020-Q3MaterialisedAnnual report
「Manufacturing and sales for the domestic and overseas automotive industries declined in both revenue and profit due to lower sales to major automakers and the foreign exchange impact of the weaker Chinese yuan, among other factors. Foreign exchange loss 82」
The foreign exchange impact of the weaker Chinese yuan was cited as a factor behind lower revenue and profit in the chemicals segment, and a ¥82 million foreign exchange loss was recorded during the cumulative nine-month period. The impact of foreign exchange fluctuations continued to appear in earnings. - FY2020-Q2MaterialisedAnnual report
「Foreign exchange loss 68」
A ¥68 million foreign exchange loss was recorded during the cumulative six-month period, and the impact of foreign exchange fluctuations continued to appear as a loss in earnings. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 15」
Against a ¥10 million foreign exchange gain in the same period of the previous year, a ¥15 million foreign exchange loss was recorded during the current quarter, and the impact of foreign exchange fluctuations again appeared as a loss in earnings. - FY2019MaterialisedAnnual report
「Foreign exchange loss 77」
A ¥77 million foreign exchange loss was recorded during the current period, and the impact of foreign exchange fluctuations again appeared as a loss in earnings. The risk was quantified and actually materialised. - FY2019-Q3MaterialisedAnnual report
「Foreign exchange loss 25」
The result shifted from a foreign exchange gain in the same period of the previous year, and a ¥25 million foreign exchange loss was recorded during the cumulative nine-month period, causing the impact of foreign exchange fluctuations to reappear as a loss in earnings. - FY2019-Q2MaterialisedAnnual report
「Net cash provided by operating activities was ¥2,504 million, compared with ¥2,676 million in the same period of the previous year, primarily due to profit before income taxes of ¥2,039 million (¥2,051 million in the same period of the previous year), depreciation of ¥593 million (¥554 million), a ¥50 million decrease in the allowance for doubtful accounts (a decrease is shown in parentheses), a ¥5 million increase in the provision for bonuses (a decrease is shown in parentheses), a ¥43 million increase in liabilities related to retirement benefits (a decrease is shown in parentheses), a ¥163 million decrease in the provision for directors' retirement benefits (a decrease is shown in parentheses), interest and dividends received of negative ¥63 million, interest paid of ¥24 million, equity in losses of affiliates of negative ¥63 million (a gain is shown in parentheses), loss on disposal of property, plant and equipment of ¥36 million, gain on sale of property, plant and equipment of negative ¥3 million (a gain is shown in parentheses), foreign exchange loss of ¥15 million (a gain is shown in parentheses), a ¥496 million increase in trade receivables, a ¥280 million decrease in inventories, a ¥148 million increase in trade payables and other items of ¥318 million.」
The result shifted from a foreign exchange gain in the previous quarter to a ¥18 million foreign exchange loss during the cumulative six-month period, and the impact of foreign exchange fluctuations again appeared as a loss in earnings. - FY2019-Q1Continued decline in foreign exchange gainsAnnual report
「Foreign exchange gain 10」
The foreign exchange gain continued, but decreased from ¥51 million in the same quarter of the previous year to ¥10 million. The impact of foreign exchange fluctuations continued to appear in earnings. - FY2018Shift to a foreign-exchange gainAnnual report
「Ordinary income was ¥3,919 million, down ¥120 million year on year, mainly because equity in earnings of affiliates remained solid and the foreign exchange loss recorded in the previous fiscal year became a foreign exchange gain.」
The foreign exchange loss recorded in the previous fiscal year became a foreign exchange gain in the current fiscal year, changing the direction in which the impact of foreign exchange fluctuations appeared in earnings. - FY2018-Q3Foreign-Exchange Gains ContinuedAnnual report
「Foreign exchange gain 67」
Against a foreign exchange loss in the same period of the previous year, a ¥67 million foreign exchange gain was recorded during the cumulative nine-month period, and the impact of foreign exchange fluctuations continued to appear in earnings. - FY2018-Q2Foreign-Exchange Gains ContinuedAnnual report
「Foreign exchange gain of ¥41 million (foreign exchange loss of ¥114 million in the same period of the previous year)」
The result shifted from a foreign exchange loss in the same period of the previous year to a foreign exchange gain during the cumulative six-month period, and the impact of foreign exchange fluctuations continued to appear in earnings. - FY2018-Q1Switched to a foreign exchange gain during the current quarterAnnual report
「Foreign exchange gains 51」
Against a foreign exchange loss in the same period of the previous year, a ¥51 million foreign exchange gain was recorded in the first quarter of the current fiscal year. No disappearance or reduction of foreign exchange risk itself was stated. - FY2017MaterialisedAnnual report
「Net sales increased by ¥2,384 million year on year to ¥47,947 million, despite the impact of foreign exchange movements due to the stronger yen.」
The impact of the stronger yen continued to appear in the explanation of business performance, and the consolidated income statement recorded a ¥166 million foreign exchange loss. - FY2017-Q3MaterialisedAnnual report
「The Japanese economy also remained unstable due to concerns about slowing corporate earnings caused by turmoil in global financial markets and the Bank of Japan's negative interest rate policy, as well as the rapid trend toward a weaker yen and higher share prices driven by expectations for economic policies following the U.S. presidential election.」
The foreign exchange market remained unstable, including a rapid depreciation of the yen, and a ¥183.924 million foreign exchange loss was recorded during the cumulative nine-month period. - FY2017-Q2MaterialisedAnnual report
「Regarding the Japanese economy, although business sentiment in industries such as automobiles improved as production recovered after the Kumamoto Earthquake, the income environment improved and personal consumption was beginning to bottom out, corporate performance, particularly in manufacturing, deteriorated due to the stronger yen.」
It states that the impact of the stronger yen continued to affect corporate performance and reports a ¥268.723 million foreign exchange loss as a non-operating expense during the cumulative six-month period. - FY2017-Q1MaterialisedAnnual report
「The company remained in an unstable situation due in part to fluctuations in financial markets, including the slowdown in the Chinese economy and the stronger yen and weaker share prices since the beginning of the year.」
The stronger yen and fluctuations in financial markets continued, and a ¥121.948 million foreign exchange loss was recorded in the income statement for the quarter. - FY2016First statedAnnual report
「As a result, fluctuations in currency values may affect manufacturing and procurement costs. Higher costs may reduce the Group's profit margins and price competitiveness, potentially adversely affecting business performance. Ordinary income included ¥116 million in equity in earnings of affiliates, which increased due to a change in the ownership ratio, but also included ¥201 million in foreign exchange losses due to the stronger yen, resulting in ordinary income of ¥2,811 million, down ¥406 million year on year.」
It describes foreign exchange risk as a general possibility and reports a ¥201 million foreign exchange loss due to the stronger yen during the current period.