Enhancing Market Risk Management Capabilities Through the Use of the LME, FX Transactions and Other Instruments
First written in FY2016. 2 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2024-Q2.
7 other companies' latest entry also says "Advanced".
- FY2024-Q2AdvancedAnnual report
「The foreign currency asset-liability gap was reduced by strengthening overseas sales, and foreign exchange hedging was also enhanced, improving foreign exchange gains and losses, although」
The company has eliminated mismatches between foreign-currency-denominated assets and liabilities and strengthened foreign exchange hedging in line with stronger overseas sales, leading to improved foreign exchange gains and losses. - FY2023RestatedAnnual report
「The company will strengthen its market risk management capabilities by diversifying hedging instruments, including futures transactions on the London Metal Exchange (LME) and forward foreign exchange transactions, enhancing its information-gathering capabilities, and recruiting and developing personnel with market-related expertise.」
The company reaffirms its market risk management policy of diversifying hedging instruments, including LME futures and forward foreign exchange transactions, gathering information, and recruiting and developing personnel. - FY2021RestatedAnnual report
「The company will strengthen its market risk management capabilities by diversifying hedging instruments, including the London Metal Exchange (LME) and foreign exchange transactions, enhancing its information-gathering capabilities, and recruiting and developing personnel with market-related expertise.」
The company reiterates its market risk management policy of diversifying hedging instruments, including LME and foreign exchange transactions, gathering information, and recruiting and developing personnel. - FY2020AdvancedAnnual report
「With respect to derivative transactions, the company has established derivative management rules. The Corporate Planning Department executes and manages forward foreign exchange transactions, currency options and commodity forward transactions. The officer responsible for the Corporate Planning Department reports the status and results of these transactions to the president monthly and annually, while the Finance Department regularly obtains transaction reports from financial institutions and other parties and verifies their contents.」
The company specifies an operating framework for market risk management consisting of management rules, a responsible department, monthly and annual reporting, and review of transaction reports by the Finance Department. - FY2016First statedAnnual report
「The company will strengthen its market risk management capabilities by diversifying hedging instruments, including the London Metal Exchange (LME) and foreign exchange transactions, enhancing its information-gathering capabilities, and recruiting and developing personnel with market-related expertise.」
The company identifies diversification of hedging instruments, information gathering, and personnel recruitment and development as specific measures for market risk management.