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Nix (4243) · InitiativeDropped

Managing Foreign Exchange Fluctuation Risk on Foreign-Currency-Denominated Receivables and Payables Through Forward Contracts

First written in FY2016. 1 of 4 entries say "Advanced", first in FY2017. Latest entry: FY2020.

4entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016AdvancedFY2017RestatedFY2018 – FY20202016: 12017: 120172018: 120182019: 020192020: 12020
Same theme, other companies
Hedging Foreign-Currency-Denominated Receivables and Payables with FX Forwards and Currency OptionsA theme 66 companies write about · 25 as a headwind · 41 as a tailwind

3 other companies' latest entry also says "Dropped".

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Showing 14 of the 66 companies compared. The sentences above are computed from all 66.
Full recordFilings, disclosures and news, newest first
  1. FY2020DroppedAnnual report

    「2. Derivative transactions to which hedge accounting is applied There are no applicable items.」

    The policy of managing risk through forward exchange contracts and currency options described previously is not repeated in this filing, which states that there are no applicable derivative transactions.
  2. FY2018RestatedAnnual report

    「In principle, the Company enters into transactions in the same currency in amounts not exceeding the expected transaction amounts, for the purpose of avoiding future foreign exchange risk associated with foreign-currency transactions and fixing the yen-denominated cash flows from those transactions.」

    The Company reconfirms its policy of using forward exchange contracts within the expected transaction amounts to fix the cash flows from foreign-currency transactions.
  3. FY2017AdvancedAnnual report

    「In principle, the Company enters into transactions in the same currency in amounts not exceeding the expected transaction amounts, for the purpose of avoiding future foreign exchange risk associated with foreign-currency transactions and fixing the yen-denominated cash flows from those transactions.」

    In addition to forward exchange contracts, the Company identifies currency option transactions as hedging instruments and specifies its policy of managing foreign currency risk within amounts not exceeding expected transaction amounts.
  4. FY2016First statedAnnual report

    「To manage future foreign exchange risk associated with foreign-currency-denominated receivables and payables, the Company uses forward exchange contracts within the outstanding balances of such receivables and payables.」

    The Company states that it uses forward exchange contracts within the outstanding balances to manage foreign exchange risk associated with foreign-currency-denominated receivables and payables.
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Managing Foreign Exchange Fluctuation Risk on Foreign-Currency-Denominated Receivables and Payables Through Forward Contracts | NIX,INC. (4243) | Komori