Market Risk Management Using Foreign Exchange Forwards and Interest Rate Swaps
First written in FY2017. 2 of 6 entries say "Restated". Latest entry: FY2026.
10 other companies' latest entry also says "Other".
- FY2026Interest rate swap balance decreased; interest and currency swaps eliminatedAnnual report
「Interest rate swap transactions Long-term borrowings Contract amount, etc. 305 Of which, more than 1 year -」
The contract amount of interest rate swaps decreased from ¥1,445 million in the previous fiscal year to ¥305 million, and no interest and currency swaps were applicable in the current fiscal year either. - FY2025Hedge balances decreased; interest and currency swaps eliminatedAnnual report
「Consolidated fiscal year ended 28 February 2025 Interest rate swap transactions Long-term borrowings Contract amount, etc. 1,445 Of which, more than 1 year 305」
The contract amount of interest rate swaps decreased from ¥3,101 million in the previous fiscal year to ¥1,445 million, and the interest and currency swaps outstanding in the previous fiscal year were no longer applicable in the current fiscal year. - FY2020RestatedAnnual report
「The Group hedges the future foreign exchange fluctuation risk of foreign-currency-denominated operating liabilities, forecast transactions and borrowings by using forward foreign exchange contracts and currency swaps as necessary. The Group also uses interest rate swap transactions to avoid the risk of fluctuations in interest payments on long-term borrowings.」
Market risk management using forward foreign exchange contracts, currency swaps and interest rate swaps was reconfirmed. At year-end, the contract amount was ¥14,217 million for interest rate swaps and ¥3,477 million for interest and currency swaps. - FY2019AdvancedAnnual report
「The Group hedges the future foreign exchange fluctuation risk of foreign-currency-denominated operating liabilities, forecast transactions and borrowings by using forward foreign exchange contracts and currency swaps as necessary. The Group also uses interest rate swap transactions to avoid the risk of fluctuations in interest payments on long-term borrowings.」
In addition to the existing forward foreign exchange contracts and interest rate swaps, currency swaps for foreign-currency-denominated borrowings were identified as a means of managing market risk. The contract amount was ¥9,586 million for interest rate swaps and ¥4,177 million for interest and currency swaps. - FY2018RestatedAnnual report
「The Group hedges the future foreign exchange fluctuation risk of foreign-currency-denominated operating liabilities and forecast transactions by using forward foreign exchange contracts as necessary. The Group also uses interest rate swap transactions to avoid the risk of fluctuations in interest payments on long-term borrowings.」
Market risk management using forward foreign exchange contracts and interest rate swaps was reconfirmed. An interest rate swap covering ¥8,500 million of long-term borrowings was also disclosed for the fiscal year. - FY2017First statedAnnual report
「The Group hedges the future foreign exchange fluctuation risk of foreign-currency-denominated operating liabilities and forecast transactions by using forward foreign exchange contracts as necessary. The Group also uses interest rate swap transactions to avoid the risk of fluctuations in interest payments on long-term borrowings.」
The policy for hedging foreign exchange and interest rate fluctuation risks using forward foreign exchange contracts and interest rate swaps was described in detail.