Mitigating Exchange-Rate Risk with Foreign Exchange Forwards Within the Scope of Underlying Transactions
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2020.
88 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「To avoid foreign-exchange risk associated with foreign-currency transactions, we enter into foreign-exchange contracts within the scope of actual demand and do not engage in transactions for speculative purposes.」
The company continues to use forward exchange contracts within the scope of underlying demand and maintain its non-speculative policy. - FY2019RestatedAnnual report
「To avoid foreign-exchange risk associated with foreign-currency transactions, we enter into foreign-exchange contracts within the scope of actual demand and do not engage in transactions for speculative purposes.」
The company continues to disclose its use of forward exchange contracts within the scope of underlying demand and its non-speculative policy. - FY2017First statedAnnual report
「To avoid foreign-exchange risk associated with foreign-currency transactions, we enter into foreign-exchange contracts within the scope of actual demand and do not engage in transactions for speculative purposes.」
States a policy of using foreign-exchange contracts within the scope of actual demand and not for speculative purposes.