Hedging Forecast Foreign-Currency-Denominated Transactions Using Forward Exchange Contracts
First written in FY2020. 1 of 4 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Forward exchange contracts are entered into to hedge the risk of exchange-rate fluctuations on foreign-currency-denominated forecast transactions. Forward exchange contracts: long position, US dollars, foreign-currency-denominated forecast transactions, ¥927.891 million, fair value ¥3.785 million」
Based on the hedging policy for foreign-currency-denominated forecast transactions, the company disclosed US dollar forward exchange contracts with a long position of ¥927.891 million and a fair value of ¥3.785 million at the end of the current fiscal year. This represented the first confirmation of actual transactions, compared with no applicable items at the end of the previous fiscal year. - FY2024RestatedAnnual report
「We enter into forward exchange contracts to avoid the risk of exchange-rate fluctuations in foreign-currency-denominated forecast transactions.」
The hedging policy for foreign-currency-denominated forecast transactions using forward exchange contracts has been maintained. However, it was stated that there were no applicable derivative transactions subject to hedge accounting at the end of the consolidated fiscal year under review. - FY2021No forward exchange contract balance at fiscal year-endAnnual report
「We enter into forward exchange contracts to avoid the risk of exchange-rate fluctuations in foreign-currency-denominated forecast transactions.」
Although the hedging policy using forward exchange contracts has been maintained, there were no applicable transactions involving derivatives at the end of the consolidated fiscal year under review. - FY2020First statedAnnual report
「We enter into forward exchange contracts to avoid the risk of exchange-rate fluctuations in foreign-currency-denominated forecast transactions.」
The company disclosed the use of hedge accounting with forward exchange contracts from the current fiscal year and entered into forward exchange contracts with a contract amount of ¥1,487 million for foreign-currency-denominated forecast transactions.