Mitigating Exchange-Rate Risk with Foreign Exchange Forwards Within the Scope of Underlying Transactions
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「To avoid foreign exchange fluctuation risk in foreign-currency transactions, the company enters into forward exchange contracts within the scope of underlying transactions related to exports and imports. Its policy is not to engage in transactions for speculative or trading purposes.」
The company continues its policy of avoiding foreign exchange fluctuation risk through forward exchange contracts within the scope of underlying transactions. - FY2018First statedAnnual report
「To avoid foreign exchange fluctuation risk in foreign-currency transactions, the company enters into forward exchange contracts within the scope of underlying transactions related to exports and imports. Its policy is not to engage in transactions for speculative or trading purposes.」
The company specifically stated its policy of using forward exchange contracts within the scope of underlying export and import transactions to avoid foreign exchange fluctuation risk.