Hedging Foreign Exchange Risk Through Foreign-Currency Borrowings
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 3 of 13 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In response, we will continue to monitor fluctuations and, as necessary, take measures such as netting and forward contracts to mitigate the negative impact as much as possible.」
The company continues to monitor foreign exchange fluctuations and take measures such as netting and foreign exchange forward contracts. - FY2022RestatedAnnual report
「In response, we will continue to monitor fluctuations and, as necessary, take measures such as netting and forward contracts to mitigate the negative impact as much as possible.」
The company continues to monitor foreign exchange fluctuations and hedge them through measures such as netting and foreign exchange forward contracts. - FY2021AdvancedAnnual report
「In response, we will continue to monitor fluctuations and, as necessary, take measures such as netting and forward contracts to mitigate the negative impact as much as possible.」
In addressing foreign exchange fluctuation risk, the company has disclosed specific hedging methods such as netting and foreign exchange forward contracts, in addition to foreign-currency borrowings. - FY2019First statedAnnual report
「The increase in short-term borrowings resulted from the company obtaining foreign-currency borrowings denominated in US dollars for foreign exchange risk hedging purposes.」
The company has for the first time specifically disclosed that it obtained US dollar-denominated foreign-currency borrowings as a means of addressing foreign exchange fluctuation risk.