Foreign Exchange Risk Hedging Using Forward Exchange Contracts and Currency Options
First written in FY2016. 6 of 16 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.
12 other companies' latest entry also says "Other".
- FY2026Decrease in forward exchange contract amounts and increase in fair valueAnnual report
「Standard treatment method Foreign exchange forward contracts Long USD Trade payables 29,771 3,993 2,496」
The amount of foreign exchange forward contracts subject to hedge accounting decreased from ¥56,050 million in the previous fiscal year to ¥29,771 million, while fair value increased from ¥2,001 million to ¥2,496 million. - FY2025Increase in foreign exchange forward contract amounts and decrease in fair valueAnnual report
「Standard treatment method Foreign exchange forward contracts Long USD Trade payables 56,050 22,243 2,001」
The amount of foreign exchange forward contracts subject to hedge accounting increased from ¥41,621 million in the previous fiscal year to ¥56,050 million, while fair value decreased from ¥6,000 million to ¥2,001 million. - FY2025-H1Decrease in outstanding foreign exchange forward contractsAnnual report
「Foreign exchange forward contracts: Decreased, mainly because the yen strengthened from the end of the previous consolidated fiscal year to the end of the current interim consolidated accounting period.」
Foreign exchange forward contracts decreased from ¥6,941 million at the end of the previous consolidated fiscal year to ¥876 million. The change was described as a movement in the balance accompanying the yen's appreciation. - FY2024Decrease in hedge contract amounts and increase in fair valueAnnual report
「Standard treatment method Foreign exchange forward contracts Long USD Trade payables 41,621 25,898 6,000」
The amount of foreign exchange forward contracts subject to hedge accounting decreased from ¥57,559 million in the previous fiscal year to ¥41,621 million, while fair value increased from ¥3,085 million to ¥6,000 million. - FY2024-Q2Increase in forward exchange contract balancesAnnual report
「Other current assets: Foreign exchange forward contracts increased as the yen weakened.」
It was stated that foreign exchange forward contracts increased as the yen weakened. - FY2023AdvancedAnnual report
「Standard method Forward exchange transactions Long position US dollar Accounts payable ¥57,559 million ¥27,963 million ¥3,085 million」
The contract amount of forward exchange contracts subject to hedging increased from ¥44,497 million in the previous year to ¥57,559 million, expanding the scope of hedging through forward exchange contracts. - FY2023-Q2AdvancedAnnual report
「Other current assets increased as the company proceeded with additional purchases of forward exchange contracts and the yen continued to depreciate.」
The company proceeded with additional purchases of forward exchange contracts, and deferred hedge gains and losses increased from ¥2,609 million at the end of the previous consolidated fiscal year to ¥6,604 million. - FY2023-Q1Increase in deferred hedge gains and lossesAnnual report
「Deferred hedge gains and losses △ ¥66 million ¥2,822 million」
Deferred hedge gains and losses increased by ¥2,822 million in the first quarter cumulative consolidated period, compared with a ¥66 million decrease in the first quarter of the previous fiscal year. - FY2022AdvancedAnnual report
「Standard method Forward exchange transactions Long position US dollar Accounts payable ¥44,497 million ¥17,295 million ¥3,817 million」
The contract amount of forward exchange contracts subject to hedging increased from ¥22,917 million in the previous year to ¥44,497 million, while the fair value also increased from ¥1,264 million to ¥3,817 million. - FY2020AdvancedAnnual report
「The Group uses forward exchange contracts and currency options to hedge the risk arising from exchange rate fluctuations. Standard method Forward exchange transactions Long position US dollar Accounts payable ¥36,664 million ¥17,697 million ¥831 million」
The contract amount of forward exchange contracts subject to hedging increased from ¥33,460 million in the previous fiscal year to ¥36,664 million, while the fair value also increased from ¥620 million to ¥831 million. - FY2019Decrease in forward exchange contract balances and shift to valuation gainsAnnual report
「Forward exchange transactions Long position US dollar Accounts payable ¥33,460.589 million ¥14,436.540 million ¥620.348 million」
The contract amount of forward exchange contracts subject to hedging decreased from ¥37,520.992 million in the previous fiscal year to ¥33,460.589 million, while the fair value changed from a negative ¥1,044.825 million to a positive ¥620.348 million. - FY2019-Q2AdvancedAnnual report
「The main factors behind the increase in total assets were increases of ¥1,240 million in forward exchange contracts and ¥906 million in notes and accounts receivable, trade, partly offset by decreases of ¥825 million in deferred tax assets and ¥308 million in software.」
At the end of the second quarter, forward exchange contracts had increased by ¥1,240 million from the end of the previous consolidated fiscal year, exceeding the ¥486 million increase reported in the previous quarterly report. - FY2019-Q1AdvancedAnnual report
「The main factors behind the decrease in total assets were a ¥685 million decrease in cash and deposits and a ¥633 million decrease in deferred tax assets, despite a ¥486 million increase in forward exchange contracts.」
The company states that, at the end of the first quarter, forward exchange contracts had increased by ¥486 million from the end of the previous consolidated fiscal year. - FY2018Concentration in forward exchange contracts and expansion of contract amountsAnnual report
「Forward exchange transactions Long position US dollar Accounts payable ¥37,520.992 million ¥19,000.750 million △¥1,044.825 million」
At the end of the current fiscal year, the amount of forward exchange contracts subject to hedge accounting was ¥37,520.992 million, an increase from the combined ¥24,774.700 million in forward exchange contracts and currency options in the previous fiscal year. - FY2017RestatedAnnual report
「The Group uses forward exchange contracts and currency options to hedge the risk arising from exchange rate fluctuations.」
The company continues its hedging policy using forward exchange contracts and currency options. - FY2016First statedAnnual report
「The Group uses forward exchange contracts and currency options to hedge the risk arising from exchange rate fluctuations.」
The company also describes its hedging policy under its foreign exchange management rules and guidelines.