Hedging foreign exchange and interest-rate risk
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2026.
57 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Because the company conducts foreign-currency-denominated transactions in the import and export of products and other items and the import of raw materials, and holds foreign-currency-denominated assets, it is exposed to foreign exchange risk arising from sharp currency movements and enters into forward exchange contracts as appropriate to hedge that risk.」
The company reiterated its policy of using forward exchange contracts to hedge foreign exchange risk. - FY2020RestatedAnnual report
「The company has introduced derivatives to manage foreign exchange risk on foreign-currency-denominated monetary liabilities and other items, as well as interest rate risk on borrowings, and maintains a policy of not engaging in speculative transactions.」
The company reiterated its policy of managing foreign exchange and interest rate risks using forward exchange contracts, interest rate swaps and other instruments and not engaging in transactions for speculative purposes. - FY2018RestatedAnnual report
「The company has introduced derivatives to manage foreign exchange risk on foreign-currency-denominated monetary liabilities and other items, as well as interest rate risk on borrowings, and maintains a policy of not engaging in speculative transactions.」
The company reiterated its policy of managing foreign exchange and interest rate risks using forward exchange contracts and interest rate swaps and not engaging in transactions for speculative purposes. - FY2017First statedAnnual report
「The company has introduced derivatives to manage foreign exchange risk on foreign-currency-denominated monetary liabilities and other items, as well as interest rate risk on borrowings, and maintains a policy of not engaging in speculative transactions.」
The company stated that it manages foreign exchange and interest rate risks using forward exchange contracts and interest rate swaps and does not engage in transactions for speculative purposes.