Company: FXY
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027263
Chunk: 36

Company: Invesco CurrencyShares Japanese Yen Trust
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 36
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 and (iii) provide reasonable assurance regarding prevention or timely 

16

detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Critical Audit Matters

Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that (i) relate to accounts or disclosures that are material to the financial statements and (ii) involved our especially challenging, subjective, or complex judgments. We determined there are no critical audit matters.

/s/PricewaterhouseCoopers LLP

Chicago, Illinois

February 25, 2025

We have served as the Trust’s auditor since 2018.

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Invesco CurrencyShares® Japanese Yen Trust

Statements of Financial Condition

December 31, 2024 and 2023

    December 31,

    2024

    2023

    Assets

    Japanese Yen deposits, interest bearing
     
    $
    393,691,700

    $
    312,587,509

    Total Assets
     
    $
    393,691,700

    $
    312,587,509

    Liabilities

    Redemptions payable
     
    $
    2,937,102

    $
    —

    Accrued Sponsor’s fee

    137,213

    99,069

    Accrued interest expense on currency deposits

    81

    50,137

    Total Liabilities

    3,074,396

    149,206

    Commitments and Contingent Liabilities (note 8)

    Redeemable Capital Shares and Shareholders’ Equity

    Redeemable Capital Shares, at redemption value, no par value,    6,650,000 and 4,750,000 issued and outstanding, respectively

    390,617,304

    312,438,303

    Shareholders’ Equity:

    Retained Earnings

    —

    —

    Total Liabilities, Redeemable Capital Shares and Shareholders’ Equity