Hedging Policy for Foreign Exchange and Interest Rate Risk
First written in FY2018. . Latest entry: FY2026.
10 other companies' latest entry also says "Other".
- FY2026Updated forward foreign-exchange contract balanceAnnual report
「Current consolidated fiscal year (31 March 2026) Non-market transactions Foreign exchange forward contracts Long Japanese yen 197 Contract amount, etc. (¥ million) △6 Fair value △6 Valuation gain (loss)」
For foreign exchange forwards, the company reports a long contract amount of ¥197 million at the end of the current fiscal year, with fair value and valuation gain (loss) of negative ¥6 million. The contract amount for the foreign currency translation method applied to accounts receivable was ¥1,241 million. - FY2019No interest rate swap transactions disclosed for the current fiscal yearAnnual report
「There were no applicable matters for the consolidated fiscal year ended 31 March 2019.」
While the hedging policy for foreign-currency transactions using forward foreign exchange contracts continues, the company states that there were no applicable interest-related derivatives during the current consolidated fiscal year, despite interest rate swap transactions having been disclosed in the previous fiscal year. - FY2018First statedAnnual report
「To mitigate the risk of exchange-rate fluctuations associated with foreign-currency-denominated transactions, the company enters into forward foreign exchange contracts and similar transactions, taking into account its foreign-currency-denominated export and import results and within the amounts scheduled to be received and paid in foreign currency. To mitigate the risk of fluctuations in borrowing interest rates, the company uses interest rate swaps within the amount of its borrowings.」
The company explicitly states its risk-mitigation policy of using foreign exchange forwards and interest rate swaps within the scope of actual foreign-currency transactions and borrowings.