Hedging Metal Price, Foreign Exchange and Interest Rate Risks
First written in FY2016. 15 of 16 entries say "Restated". Latest entry: FY2024-Q1.
87 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2022-Q3RestatedAnnual report
「While containing market risks to a certain extent, higher profits from the Smelting Business due to the use of free metal and recycled raw materials, together with the reduction in unit production costs resulting from improved ore grades in the Resources Business, contributed to year-on-year increases in operating income, ordinary income and net income attributable to owners of the parent for the quarter.」
The Company explained that profits increased through the use of free metal and recycled raw materials and improved ore grades while containing market risks to a certain extent, and that its policy for addressing market fluctuations remains in place. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2021RestatedAnnual report
「In addition, we address the immediate impact of market conditions by using foreign exchange forward contracts, commodity forward transactions and options to hedge the risk of market fluctuations.」
The policy of hedging market fluctuations using foreign exchange forward contracts, commodity forward transactions and options remains in place. - FY2020RestatedAnnual report
「We address the impact of market conditions by using foreign exchange forward contracts, commodity forward transactions and options to hedge the risk of market fluctuations.」
The policy of hedging market risks through foreign exchange forward contracts, commodity forward transactions, options and interest rate swaps remains in place. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2019RestatedAnnual report
「For this reason, we enter into metal forward transactions from time to time based on internal budget prices and work to minimize the risk of fluctuations in LME prices.」
The policy of hedging market risks using metal forward transactions, foreign exchange forward contracts and interest rate swaps remains in place. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It is treated as having been no material change in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes in the existing measures related to hedging metal price, foreign exchange and interest rate risks. - FY2017RestatedAnnual report
「For this reason, we enter into metal futures transactions from time to time based on internal budget prices and work to minimize the risk of fluctuations in LME prices.」
The Company continues to use metal futures based on internal budget prices to manage metal price fluctuations. It also continues to use foreign exchange forward contracts and interest rate swaps. - FY2016First statedAnnual report
「We enter into metal futures transactions from time to time based on internal budget prices and work to minimize the risk of fluctuations in LME prices.」
The Company has stated a policy of using futures contracts for metal prices, foreign exchange forward contracts for foreign exchange exposure, and interest rate swaps for interest rate exposure.