The Yen’s Impact on AFLAC’s Earnings

Below I’ve tried to reproduce a chart from AFLAC’s latest 10-K. This shows the impact that the yen/dollar exchange rate is expected to have on AFLAC’s 2013 operating earings.

Exchange Rate EPS Range Growth Rate Yen Impact
79.81 $6.86 to $7.06 3.9% to 7.0% $0.00
85 $6.60 to $6.80 0% to 3% -$0.26
90 $6.37 to $6.57 (3.5%) to (0.5%) -$0.49
95 $6.17 to $6.37 (6.5%) to (3.5%) -$0.69
100 $5.99 to $6.19 (9.2%) to (6.2%) -$0.87

Here’s a look at the surge in the dollar since October:

big.chart02272013

Posted by on February 27th, 2013 at 9:55 am


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