Reducing Foreign Exchange Fluctuation Risk Through Foreign Exchange Forward Contracts
First written in FY2018. 2 of 5 entries say "Advanced", first in FY2019. Latest entry: FY2026.
13 other companies' latest entry also says "Other".
- FY2026Foreign-exchange options continued, while there was no balance at period-end under hedge accountingAnnual report
「Currency option transactions Written and purchased (Note) US dollars 1,533,090 1,244,184 △3,076 △3,076」
As a response to foreign-exchange fluctuation risk, the contract amount of US-dollar currency options was ¥1.53309 billion, while their fair value and valuation gain or loss was a negative ¥3.076 million. There was no period-end balance under hedge accounting for foreign-exchange forwards. - FY2022No foreign-exchange forward contracts outstanding at period-endAnnual report
「The Company uses derivatives to avoid foreign exchange fluctuation risk and has a policy of not engaging in speculative transactions.」
The Company continued its policy of hedging foreign-exchange fluctuation risk, but had no foreign-exchange forward contracts outstanding at the end of the fiscal year, a change from the contract balance reported in the previous fiscal year. - FY2020AdvancedAnnual report
「Foreign-exchange forward contracts Long US dollars Accounts payable 426,997」
The Company recorded a contract amount of ¥426.997 million for foreign-exchange forwards covering US-dollar accounts payable and continued to hedge foreign-exchange fluctuation risk. - FY2019AdvancedAnnual report
「Foreign-exchange forward contracts Long US dollars Accounts payable ¥395.974 million」
The Company continued its policy of reducing foreign-exchange fluctuation risk and recorded a contract amount of ¥395.974 million for foreign-exchange forward contracts covering US-dollar accounts payable. - FY2018First statedAnnual report
「The Group invests funds in highly safe financial assets and raises funds primarily through bank borrowings. Derivatives are used to hedge foreign-exchange and interest-rate risk, and the Group does not engage in speculative transactions.」
As a response to foreign-exchange and interest-rate fluctuation risks, the Company first described separately its policy of using derivatives for purposes other than speculation.