Applying foreign-currency receivables to foreign-currency payables and limiting derivatives to hedging purposes
First written in FY2018. 3 of 6 entries say "Restated". Latest entry: FY2026.
92 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company uses derivatives solely for hedging risk, with the transaction limit set within the scope of actual demand, and does not use them to generate short-term trading gains or for speculative purposes.」
The company continues its policy of limiting derivatives to hedging purposes and the scope of actual demand, and applying foreign-currency receivables to payments of foreign-currency payables. - FY2024No FX forward contracts during the current fiscal yearAnnual report
「Consolidated fiscal year (31 March 2024): None applicable.」
The US dollar foreign exchange forwards totaling ¥198.442 million against accounts payable in the previous fiscal year were not listed among the transactions subject to hedge accounting during the current fiscal year. The policy of applying foreign-currency receivables to payments of foreign-currency payables continued. - FY2023AdvancedAnnual report
「Foreign exchange forward transactions Accounts payable Long position US dollars ¥198.442 million」
Although the company had previously reported no history of derivative use, it entered into US dollar foreign exchange forwards totaling ¥198.442 million during the fiscal year to hedge accounts payable. - FY2021RestatedAnnual report
「The company uses derivatives solely for hedging risk, with the transaction limit set within the scope of actual demand, and does not use them to generate short-term trading gains or for speculative purposes.」
The company continued its policy of limiting derivatives to hedging purposes and the scope of actual demand, and did not use any during the fiscal year. - FY2020RestatedAnnual report
「The company uses derivatives solely for hedging risk, with the transaction limit set within the scope of actual demand, and does not use them to generate short-term trading gains or for speculative purposes.」
The company continues to limit derivatives to hedging purposes and the scope of actual demand, and to apply foreign-currency receivables to payments of foreign-currency payables. No derivatives were used during the fiscal year. - FY2018First statedAnnual report
「The company uses derivatives solely for hedging risk, with the transaction limit set within the scope of actual demand, and does not use them to generate short-term trading gains or for speculative purposes.」
The company describes a foreign exchange management policy that limits derivatives to hedging purposes and the scope of actual demand, and applies foreign-currency receivables to payments of foreign-currency payables.