Managing Foreign Exchange Risk on Foreign-Currency Receivables and Payables Through Forward Contracts
First written in FY2019. . Latest entry: FY2026.
12 other companies' latest entry also says "Other".
- FY2026Update to contract balances and transaction directionAnnual report
「Forward exchange contracts, sales, US dollars, ¥81,858 thousand; of which contract amount due after more than 1 year: none; fair value: ¥△1,686 thousand; valuation loss: ¥△1,686 thousand」
The Company continued to use forward exchange contracts, but the covered transaction changed from a US dollar purchase of ¥1,073,775 thousand in the previous fiscal year to a US dollar sale of ¥81,858 thousand in the current fiscal year. - FY2025Update to contract balances and currencies coveredAnnual report
「Forward exchange contracts, purchases, US dollars, ¥1,073,775 thousand; of which contract amount due after more than 1 year: none; fair value: ¥△4,988 thousand; valuation loss: ¥△4,988 thousand」
The Company continued to use forward exchange contracts to hedge foreign exchange risk on foreign-currency-denominated receivables and payables, with a US dollar contract amount of ¥1,073,775 thousand. - FY2024Update to contract balances and currencies coveredAnnual report
「Fiscal year ended 31 March 2024: forward exchange contracts, purchases, US dollars, ¥364,933 thousand; of which contract amount due after more than 1 year: none; fair value: ¥1,774 thousand; valuation gain: ¥1,774 thousand」
The Company continued to use forward exchange contracts to hedge foreign exchange risk on foreign-currency-denominated receivables and payables, with a US dollar contract amount of ¥364,933 thousand and a fair value and valuation gain of ¥1,774 thousand. - FY2022Update to contract balances and currencies coveredAnnual report
「Fiscal year ended 31 March 2022: forward exchange contracts, purchases, US dollars, ¥292,128 thousand; none; fair value: ¥11,085 thousand; valuation gain: ¥11,085 thousand」
The Company continued to use forward exchange contracts, with US dollars as the currency covered, a contract amount of ¥292,128 thousand, and a fair value and valuation gain of ¥11,085 thousand. - FY2021Update to contract balances and currencies coveredAnnual report
「Fiscal year ended 31 March 2021: forward exchange contracts, purchases, US dollars, ¥336,542 thousand; of which contract amount due after more than 1 year: none; fair value: ¥5,858 thousand; valuation gain: ¥5,858 thousand; total: ¥336,542 thousand」
The Company continued to use forward exchange contracts, with US dollars as the currency covered and a contract amount of ¥336,542 thousand. - FY2020Update to contract balances and currencies coveredAnnual report
「The Group enters into forward exchange contracts to avoid the risk arising from exchange-rate fluctuations on foreign-currency trade receivables and payables.」
The Company continued to use forward exchange contracts, bringing the contract amount to ¥261,839 thousand in US dollars and ¥22,521 thousand in renminbi, for a total of ¥284,361 thousand. - FY2019First statedAnnual report
「The Group enters into forward exchange contracts to avoid the risk arising from exchange-rate fluctuations on foreign-currency trade receivables and payables.」
The Group first disclosed the use of forward exchange contracts, separately from the conversion of export product prices into yen, to address foreign exchange risk on foreign-currency trade receivables and payables.