Komori
Nichiwa Sangyo (2055) · InitiativeDecrease in the notional amount of forward foreign exchange contracts

Hedging Foreign-Currency-Denominated Accounts Payable Using Forward Exchange Contracts

First written in FY2016. . Latest entry: FY2026.

11entries
11years
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ProgressHeldSoftenedWorseOtherFY2016 – FY20262016: 120162017: 120172018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Hedging Foreign-Currency-Denominated Receivables and Payables with FX Forwards and Currency OptionsA theme 82 companies write about · 31 as a headwind · 51 as a tailwind

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Showing 14 of the 82 companies compared. The sentences above are computed from all 82.
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  1. FY2026Decrease in the notional amount of forward foreign exchange contractsAnnual report

    「Total　615　—　△0」

    Hedging of foreign-currency trade payables has continued, but the total contract amount of forward exchange contracts decreased from ¥1,261 million in the previous fiscal year to ¥615 million.
  2. FY2025Decrease in the notional amount of forward foreign exchange contractsAnnual report

    「Total　1,261　—　△14」

    Hedging of foreign-currency trade payables has continued, but the total contract amount of forward exchange contracts decreased from ¥1,351 million in the previous fiscal year to ¥1,261 million.
  3. FY2024Decrease in the notional amount of forward foreign exchange contractsAnnual report

    「Total　1,351　—　36」

    Hedging of foreign-currency trade payables continued, but the total contract amount of forward exchange contracts decreased from ¥1,999 million in the previous fiscal year to ¥1,351 million.
  4. FY2023Increase in Forward Contract AmountsAnnual report

    「Forward exchange contracts　USD receivable, JPY payable　Trade payables　1,926　—　△10　Allocation treatment for forward exchange contracts, etc.　Forward exchange contracts　USD receivable, JPY payable　Trade payables　73　—　(Note)　Total　1,999　—　△10」

    Hedging of foreign-currency trade payables continued, and the total contract amount of forward exchange contracts increased to ¥1,999 million from ¥1,883 million in the previous fiscal year.
  5. FY2022Sharp increase in the contract amount of forward exchange contractsAnnual report

    「Forward exchange contracts　USD receivable, JPY payable　Trade payables　1,421,057　—　83,549　Allocation treatment for forward exchange contracts, etc.　Forward exchange contracts　USD receivable, JPY payable　Trade payables　462,739　—　(Note)　Total　1,883,797　—　83,549」

    Hedging of foreign-currency trade payables continued, and the total contract amount increased substantially to ¥1,883.797 million from ¥646.882 million in the previous fiscal year.
  6. FY2021Sharp decrease in the contract amount of forward exchange contractsAnnual report

    「General treatment　Forward exchange contracts　USD receivable, JPY payable　Trade payables　442,492　—　14,002　Allocation treatment for forward exchange contracts, etc.　Forward exchange contracts　USD receivable, JPY payable　Trade payables　204,389　—　(Note 2)　Total　646,882　—　14,002」

    Hedging of foreign-currency trade payables has continued, but the total contract amount of forward exchange contracts decreased from ¥2,020.655 million in the previous fiscal year to ¥646.882 million.
  7. FY2020Increase in Forward Contract AmountsAnnual report

    「Forward exchange contracts　USD receivable, JPY payable　Trade payables　1,819,054　—　30,158」

    Hedging of foreign-currency trade payables continued, and the total contract amount of forward exchange contracts was ¥2,020.655 million. This was up from ¥901.752 million in the previous fiscal year.
  8. FY2019Decrease in the notional amount of forward foreign exchange contractsAnnual report

    「Forward exchange contracts　USD receivable, JPY payable　Trade payables　901,752　—　7,149」

    Hedging of foreign-currency trade payables continued, and the total contract amount of forward exchange contracts at the end of the current fiscal year was ¥901.752 million. This was down from ¥1,519.403 million at the end of the previous fiscal year.
  9. FY2018Increase in Forward Contract AmountsAnnual report

    「Forward exchange contracts　USD receivable, JPY payable　Trade payables　1,519,403　—　△16,505」

    Hedging of foreign-currency trade payables continued, and the total contract amount of forward exchange contracts at the end of the current fiscal year was ¥1,519.403 million. This was up from ¥1,000.169 million at the end of the previous fiscal year.
  10. FY2017Decrease in the notional amount of forward foreign exchange contractsAnnual report

    「The derivatives are forward exchange contracts intended to hedge exchange rate fluctuation risk related to foreign-currency trade payables.」

    Hedging of foreign-currency trade payables continued, and the total contract amount of forward exchange contracts at the end of the current fiscal year was ¥1,000.169 million. This was down from ¥1,879.534 million at the end of the previous fiscal year.
  11. FY2016First statedAnnual report

    「Derivatives are used solely to avoid exchange rate fluctuation risk related to trade payables, and no speculative transactions are conducted.」

    Forward exchange contracts for foreign-currency trade payables are used solely for hedging purposes. The total contract amount of forward exchange contracts for the current period was ¥1,879.534 million.
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