Foreign Exchange Rate Fluctuation Risk and Hedging with Forward Exchange Contracts
First written in FY2017. 3 of 18 entries say "Materialised", first in FY2018-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2024: 14 of 31 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2026Full-year foreign exchange gain narrowsAnnual report
「Foreign exchange gain 1,807 345」
The full-year foreign exchange gain was ¥345 thousand, down from ¥1.807 million in the previous fiscal year. - FY2025Foreign-exchange gain recorded for the full yearAnnual report
「Foreign exchange gain 1,807」
Although a foreign exchange loss was recorded for the interim period, a foreign exchange gain of ¥1.807 million was recorded for the full fiscal year. - FY2025-H1Foreign exchange loss recorded for the interim periodAnnual report
「Foreign exchange loss 2,981」
A foreign exchange loss of ¥2.981 million was recorded for the interim consolidated accounting period, indicating that losses from foreign exchange fluctuations have actually occurred. - FY2025-Q1First-quarter foreign exchange gain increasesAnnual report
「Foreign exchange gain 396 1,350」
The foreign exchange gain increased from ¥396 thousand in the same period of the previous year to ¥1.35 million. - FY2024-Q3Third-quarter foreign exchange gain decreasesAnnual report
「Foreign exchange gain 14,441 570」
The foreign exchange gain for the third-quarter cumulative period was ¥570 thousand, down from ¥14.441 million in the same period of the previous year. - FY2024-Q2Second-quarter foreign exchange gain decreasesAnnual report
「Foreign exchange gain 15,258 1,090」
The foreign exchange gain for the second-quarter cumulative period was ¥1.09 million, down from ¥15.258 million in the same period of the previous year. - FY2024-Q1Lower foreign exchange gainsAnnual report
「Foreign exchange gain 14,915 396」
The foreign exchange gain decreased from ¥14.915 million in the same period of the previous year to ¥396 thousand. - FY2023-Q3Increase in foreign exchange gain recordedAnnual report
「Foreign exchange gain 14,441」
A foreign exchange gain of ¥14.441 million was recorded for the third-quarter cumulative period, up from ¥4.845 million in the same period of the previous year. - FY2023-Q1WorsenedAnnual report
「Meanwhile, overall costs have remained elevated due to higher raw material and fuel prices, as well as the prolonged sharp depreciation of the yen.」
The company explains that the prolonged sharp depreciation of the yen has kept overall costs elevated, specifying the business impact of foreign exchange fluctuations. - FY2022MitigatedAnnual report
「Forward exchange contracts Long US dollars Trade payables 43,176 － 1,628」
The contracted amount of forward exchange contracts decreased from ¥52.5 million in the previous fiscal year to ¥43.176 million, while the fair value was a valuation gain of ¥1.628 million. - FY2022-Q3Foreign exchange gain recordedAnnual report
「Foreign exchange gain 4,845」
While a foreign exchange loss was recorded in the same period of the previous year, a foreign exchange gain of ¥4.845 million was recorded for the third-quarter cumulative period. - FY2021MitigatedAnnual report
「Forward exchange contracts Long US dollars Trade payables 52,500 － 1,791」
The contracted amount of forward exchange contracts decreased from ¥758.506 million in the previous fiscal year to ¥52.5 million, while the fair value changed from the previous fiscal year's valuation loss of a negative ¥46.363 million to a valuation gain of ¥1.791 million. - FY2020Decrease in forward exchange contract balance and increase in valuation lossAnnual report
「Forward exchange contracts Long US dollars Trade payables 758,506 △46,363」
The contracted amount of forward exchange contracts decreased from ¥1,353.575 million in the previous fiscal year to ¥758.506 million, while the fair value was a negative ¥46.363 million, with the valuation loss increasing from a negative ¥22.784 million in the previous fiscal year. - FY2020-Q1MaterialisedAnnual report
「Foreign exchange loss 1,957」
A foreign exchange loss of ¥1.957 million was recorded for the first-quarter cumulative period, indicating that losses from foreign exchange fluctuations have actually occurred. - FY2019WorsenedAnnual report
「Forward exchange contracts Long US dollars Trade payables 1,353,575 △22,784」
The contracted amount of forward exchange contracts increased from ¥246.331 million in the previous fiscal year to ¥1,353.575 million, indicating a numerical increase in exposure to foreign exchange fluctuations. - FY2018RestatedAnnual report
「The Group has implemented hedging measures, including forward exchange contracts, for these transactions, but there is no guarantee that these measures will completely eliminate the risks arising from foreign exchange fluctuations.」
The company reconfirms foreign exchange risk, hedging through forward exchange contracts and other instruments, and the limitations of that hedging. - FY2018-Q1MaterialisedAnnual report
「Foreign exchange loss 2,515」
The first-quarter consolidated income statement includes a foreign exchange loss of ¥2.515 million, indicating that losses from foreign exchange fluctuations have actually occurred. - FY2017First statedAnnual report
「The Group is exposed to risks arising from fluctuations in foreign exchange rates due to, among other factors, settling trade transactions in foreign currencies, and these fluctuations could affect the Group's financial results. The Group has implemented hedging measures, including forward exchange contracts, for these transactions, but there is no guarantee that these measures will completely eliminate the risks arising from foreign exchange fluctuations.」
The company describes foreign exchange risk associated with foreign-currency settlements and measures taken through forward exchange contracts and other instruments.