Hedging Foreign-Exchange and Interest-Rate Risk
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2025.
47 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In response to these risks, the Group is working to build an earnings structure resilient to foreign exchange fluctuations by executing forward exchange contracts and foreign exchange hedges, as well as promoting local production and local procurement.」
The company continues to use forward exchange contracts, hedging and local production and procurement to address foreign exchange fluctuation risk. - FY2019RestatedAnnual report
「Derivatives are used primarily to mitigate risks arising from fluctuations in foreign exchange rates and interest rates, and the Company’s policy is not to engage in transactions for speculative purposes.」
The company continues to use derivatives solely to mitigate foreign exchange and interest rate fluctuation risk and does not trade them for speculative purposes. - FY2017RestatedAnnual report
「Derivatives are used primarily to mitigate risks arising from fluctuations in foreign exchange rates and interest rates, and the Company’s policy is not to engage in transactions for speculative purposes.」
The Company continues its policy of limiting forward foreign exchange contracts, interest rate swaps, and similar instruments to hedging purposes and not using them for speculation. - FY2016First statedAnnual report
「Derivatives are used primarily to mitigate risks arising from fluctuations in foreign exchange rates and interest rates, and the Company’s policy is not to engage in transactions for speculative purposes.」
The Company indicated a policy of using forward foreign exchange contracts, interest rate swaps, and similar instruments to mitigate risk, and not engaging in speculative transactions.