1.   A higher dollar lowers the value of non-U.S. revenue.

2.   A stronger dollar lowers the price of imports, putting a lid on domestic price increases.

3.   A weaker dollar lowers corporate profits in Japan by making exports less competitive overseas and decreasing the value of profits earned abroad in terms of yen.

4.   A weaker dollar lowers the yen value of dollar-denominated profits and pressures companies to raise prices overseas.

5.   A stronger dollar lowers revenue from overseas units as the local currency translates to fewer dollars.

6.   A strong dollar lowers revenue from products sold in Japan, because yen are converted into fewer dollars.

7.   A stronger dollar lowers revenue from overseas units because the local currency is translated to fewer dollars.

8.   A weak dollar lowers the value of dollar-denominated profits and pressures companies to raise prices overseas.

9.   A weak dollar also lowers the yen-value of the money that exporters earn in dollars.

10.   A weak dollar lowers the value of sales made in the U.S. when the money is brought home and translated into domestic currencies.