Reducing foreign-exchange impacts by rebalancing foreign-currency-denominated assets and liabilities
First written in FY2017-Q1. 3 of 6 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2020: 3 of 16 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- FY2021AchievedAnnual report
「Foreign-exchange risk: optimized the currency balance between payments and sales and completed risk minimization」
Regarding the review of the balance of foreign-currency-denominated assets and liabilities, the company explained that it optimized the currencies used for payments and sales at its North American operations and completed the minimization of foreign-exchange risk. - FY2018AdvancedAnnual report
「The company uses forward exchange contracts to address foreign-exchange fluctuation risk associated with the acquisition of shares in an affiliated company.」
In addition to the existing review of the balance of foreign-currency-denominated assets and liabilities and the use of interest-rate swaps, the company entered into forward exchange contracts for the acquisition of shares in an affiliated company as a measure to address foreign-exchange movements. - FY2017RestatedAnnual report
「The policy is to avoid risks from future interest-rate and foreign-exchange movements and not to engage in speculative transactions.」
The company reaffirmed its policy of using hedging to mitigate foreign-exchange and interest-rate movements and not engaging in speculative transactions. - FY2017-Q3RestatedAnnual report
「As our overseas business expands, fluctuations in foreign exchange rates are having a greater impact on results. Across the Group, we are taking measures such as reviewing the balance of foreign-currency-denominated assets and liabilities to establish a structure that is less susceptible to the effects of exchange-rate movements.」
The company continues to review the balance of foreign-currency-denominated assets and liabilities in response to the increasing foreign-exchange impact accompanying overseas business expansion. - FY2017-Q2RestatedAnnual report
「As our overseas business expands, fluctuations in foreign exchange rates are having a greater impact on results. Across the Group, we are taking measures such as reviewing the balance of foreign-currency-denominated assets and liabilities to establish a structure that is less susceptible to the effects of exchange-rate movements.」
The company continues to review the balance of foreign-currency-denominated assets and liabilities in response to the increasing foreign-exchange impact accompanying overseas business expansion. - FY2017-Q1First statedAnnual report
「As our overseas business expands, fluctuations in foreign exchange rates are having a greater impact on results. Across the Group, we are taking measures such as reviewing the balance of foreign-currency-denominated assets and liabilities to establish a structure that is less susceptible to the effects of exchange-rate movements.」
In response to the increasing foreign-exchange impact accompanying overseas business expansion, the company has for the first time specifically outlined measures to review the balance of foreign-currency-denominated assets and liabilities across the Group.