Use of Derivatives Limited to Underlying Business Needs and Hedging
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2025.
85 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group uses derivative transactions to avoid risks from fluctuations in foreign exchange rates, interest rates and commodity prices, and has a policy of not engaging in speculative transactions.」
The company continues to hedge fluctuations in foreign exchange rates, interest rates and commodity prices with derivatives based on genuine commercial needs, without engaging in speculative transactions. - FY2024-Q1RestatedAnnual report
「The Group uses derivatives, including foreign exchange forwards, interest rate swaps and commodity forward contracts, to hedge risks from fluctuations in foreign exchange rates, interest rates and commodity prices.」
The accounting policies describe the policy and practice of hedging risks from fluctuations in foreign exchange rates, interest rates and commodity prices with derivatives. - FY2023-Q3Recognized a loss on valuation of derivativesAnnual report
「Loss on valuation of derivatives 2,476」
Under its policy of limiting derivative use to genuine commercial needs, the company recognized a ¥2,476 million loss on valuation of derivatives as a non-operating expense for the cumulative third quarter period. - FY2023-Q2Recognized a loss on valuation of derivativesAnnual report
「Loss on valuation of derivatives 1,502」
Under its policy of limiting derivative use to genuine commercial needs, the company recognized a ¥1,502 million loss on valuation of derivatives as a non-operating expense for the cumulative second quarter period. - FY2022RestatedAnnual report
「Loss on valuation of derivatives 2,357」
While maintaining its policy of limiting transactions to genuine commercial needs and not engaging in transactions for speculative purposes, the company recognized a ¥2,357 million loss on valuation of derivatives during the fiscal year. - FY2022-Q3Recognized a loss on valuation of derivativesAnnual report
「Loss on valuation of derivatives 2,942」
Under its policy of limiting derivative use to genuine commercial needs, the company recognized a ¥2,942 million loss on valuation of derivatives as a non-operating expense for the cumulative third quarter period. - FY2017RestatedAnnual report
「Under this policy, derivative transactions are limited to those associated with genuine commercial needs, and the company has a policy of not engaging in any speculative transactions aimed at generating trading gains.」
The company has reiterated its policy of limiting hedging to genuine commercial needs and not engaging in speculative transactions. - FY2016First statedAnnual report
「Under this policy, derivative transactions are limited to those associated with genuine commercial needs, and the company has a policy of not engaging in any speculative transactions aimed at generating trading gains.」
The company has stated a policy of hedging risks from fluctuations in interest rates, foreign exchange rates and prices of aluminum ingots and other commodities, without engaging in transactions for speculative purposes.