Hedging Foreign-Currency-Denominated Trade Receivables Using Forward Exchange Contracts
First written in FY2018. . Latest entry: FY2023.
12 other companies' latest entry also says "Other".
- FY2023Decrease in Hedge Contract AmountAnnual report
「Deferred hedge accounting, forward exchange contracts, short position, US dollar, foreign-currency forecast transactions, 2,954 Designation treatment for forward exchange contracts, short position, US dollar, trade receivables, 6,121」
Forward exchange contract amounts decreased from ¥7,873 million and ¥6,852 million in the previous fiscal year to ¥2,954 million for foreign-currency forecast transactions and ¥6,121 million for trade receivables, respectively. - FY2022Increase in Hedged Contract AmountAnnual report
「Fiscal year ended 31 January 2022, forward exchange contracts, short position, US dollar, foreign-currency forecast transactions, 7,873; designation treatment for forward exchange contracts, short position, US dollar, trade receivables, 6,852」
Forward exchange contracts for foreign-currency forecast transactions amounted to ¥7,873 million, while those for trade receivables amounted to ¥6,852 million, with both contract amounts increasing from the previous fiscal year. - FY2021Increase in Hedged Contract AmountAnnual report
「Foreign exchange contracts, short position, US dollar, trade receivables, 3,976」
The contract amount of forward exchange contracts hedging trade receivables was ¥3,976 million, up from ¥3,316 million in the previous fiscal year. The company also recorded ¥4,373 million in contracts hedging foreign-currency forecast transactions. - FY2020Increase in Hedged Contract AmountAnnual report
「Forward exchange contracts, short position, US dollar, trade receivables, 3,316」
The contract amount of forward exchange contracts hedging foreign-currency trade receivables increased from ¥3,003 million in the previous fiscal year to ¥3,316 million. - FY2018First statedAnnual report
「In accordance with internal rules, we conduct hedging transactions within the balance of foreign-currency trade receivables, primarily to mitigate foreign exchange risk associated with export sales.」
The company states its policy of conducting hedging transactions, including forward exchange contracts, within the balance of foreign-currency trade receivables against foreign exchange risk associated with export sales.