Foreign Exchange Risk on Foreign-Currency-Denominated Trade Receivables and Hedging with Forward Exchange Contracts
First written in FY2016. 1 of 11 entries say "Restated". Latest entry: FY2026.
12 other companies' latest entry also says "Other".
- FY2026Updated the balance of forward exchange contracts at period-endAnnual report
「Our Group hedges foreign exchange risk on foreign-currency-denominated transactions, primarily exports, using forward exchange contracts and other instruments.」
The policy of hedging with forward exchange contracts continues. Meanwhile, as of 31 March 2026, the company disclosed that there were no derivative transactions to which hedge accounting applied. - FY2025Updated the contract amount for forward exchange contractsAnnual report
「Fiscal year ended 31 March 2025 / Forward exchange contracts, trade receivables, short position, U.S. dollars, 107,885」
The policy of hedging foreign-currency-denominated trade receivables with forward exchange contracts continues, and the contract amount at the end of March 2025 was ¥107.885 million for U.S. dollars. - FY2024Updated the contract amount for forward exchange contractsAnnual report
「Foreign-currency-denominated trade receivables arising from overseas transactions are exposed to exchange-rate fluctuations, but as a general rule, we hedge this risk using forward exchange contracts. / Forward exchange contracts, trade receivables, short position, U.S. dollars, 13,519」
The policy of hedging foreign-currency-denominated trade receivables with forward exchange contracts continues, and the contract amount at the end of March 2024 was ¥13.519 million for U.S. dollars. - FY2023Updated the contract amount for forward exchange contractsAnnual report
「Forward exchange contracts, trade receivables, short position, U.S. dollars, 40,387」
The policy of hedging foreign-currency-denominated trade receivables with forward exchange contracts continues, and the contract amount at the end of March 2023 was ¥40.387 million for U.S. dollars. - FY2022Updated the contract amount for forward exchange contractsAnnual report
「Foreign-currency-denominated trade receivables arising from overseas transactions are exposed to exchange-rate fluctuations, but as a general rule, we hedge this risk using forward exchange contracts. / U.S. dollars ¥257.289 million, Australian dollars —, Chinese yuan —, total ¥257.289 million」
The policy of hedging with forward exchange contracts continues, and the contract amount at the end of March 2022 was ¥257.289 million for U.S. dollars, for a total of ¥257.289 million. - FY2021Updated the contract amount for forward exchange contractsAnnual report
「Foreign-currency-denominated trade receivables arising from overseas transactions are exposed to exchange-rate fluctuations, but as a general rule, we hedge this risk using forward exchange contracts. / U.S. dollars ¥48.894 million, Australian dollars —, Chinese yuan —, total ¥48.894 million」
The policy of hedging with forward exchange contracts continues, and the period-end contract amount was ¥48.894 million for U.S. dollars, for a total of ¥48.894 million. - FY2020Updated the contract amount for forward exchange contractsAnnual report
「Foreign-currency-denominated trade receivables are exposed to exchange-rate fluctuations, but as a general rule, we hedge this risk using forward exchange contracts.」
The policy of hedging with forward exchange contracts continues, and the period-end contract amounts were ¥75.753 million for U.S. dollars, ¥11.375 million for Australian dollars, and ¥77.469 million for Chinese yuan, for a total of ¥164.599 million. - FY2019Updated the contract amount and currencies covered by forward exchange contractsAnnual report
「Fiscal year ended 31 March 2019」
The period-end contract amounts were ¥218.526 million for U.S. dollars, ¥58.294 million for Australian dollars, and ¥263.460 million for Chinese yuan, for a total of ¥540.282 million, and the policy of hedging with forward exchange contracts continues. - FY2018Added the period-end contract amount for foreign exchange hedging transactionsAnnual report
「Foreign-currency-denominated trade receivables arising from overseas transactions are exposed to exchange-rate fluctuations, but as a general rule, we hedge this risk using forward exchange contracts.」
The policy of hedging foreign exchange risk on foreign-currency-denominated trade receivables with forward exchange contracts continues, and the total contract amount for forward exchange contracts at the end of the period was ¥115.276 million for U.S. and Australian dollars. - FY2017RestatedAnnual report
「Foreign-currency-denominated trade receivables arising from overseas transactions are exposed to exchange-rate fluctuations, but as a general rule, we hedge this risk using forward exchange contracts.」
The policy of hedging foreign exchange risk on foreign-currency-denominated trade receivables with forward exchange contracts continues. - FY2016First statedAnnual report
「Foreign-currency-denominated trade receivables arising from overseas transactions are exposed to exchange-rate fluctuations, but as a general rule, we hedge this risk using forward exchange contracts.」
It recognizes foreign exchange risk associated with overseas transactions and states a policy of addressing it, in principle, through forward exchange contracts.