Hedging Foreign-Currency-Denominated Receivables and Payables through Forward Exchange Contracts
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2024.
43 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「As a general rule, we hedge the foreign exchange fluctuation risk identified by currency and month for our foreign-currency-denominated trade payables using forward exchange contracts.」
The policy of using forward exchange contracts to manage foreign exchange fluctuation risk on foreign-currency-denominated trade payables was reaffirmed. - FY2019RestatedAnnual report
「As a general rule, we hedge the foreign exchange fluctuation risk identified by currency and month for foreign-currency-denominated trade receivables and payables using forward exchange contracts.」
The policy of generally using forward exchange contracts to manage foreign exchange fluctuation risk on foreign-currency-denominated trade receivables and payables was reaffirmed. - FY2018RestatedAnnual report
「Trade receivables denominated in foreign currencies arising from overseas operations are exposed to foreign exchange fluctuation risk. As a general rule, we hedge them using forward exchange contracts, except to the extent covered by balances of trade payables denominated in the same currencies.」
The policy of generally using forward exchange contracts to manage foreign exchange fluctuation risk on foreign-currency-denominated trade receivables and payables was reaffirmed. - FY2017First statedAnnual report
「As a general rule, we hedge the foreign exchange fluctuation risk identified by currency and month for foreign-currency-denominated trade receivables and payables using forward exchange contracts.」
A policy of generally using forward exchange contracts to manage foreign exchange fluctuation risk on foreign-currency-denominated trade receivables and payables was identified for the first time.