Hedging Foreign Exchange Risk through Forward Contracts
First written in FY2016. 2 of 4 entries say "Advanced", first in FY2018. Latest entry: FY2022.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「Foreign exchange forward transactions, long, US dollars, accounts payable, 1,308, —, 60」
The Company continued to hedge using foreign exchange forwards. At the end of the fiscal year, the contract amount was ¥1,308 million and the fair value was ¥60 million. - FY2019RestatedAnnual report
「Foreign exchange forward transactions, long, US dollars, accounts payable, 2,624, —, 5」
The Company continued to hedge using foreign exchange forwards. At the end of the fiscal year, the contract amount was ¥2,624 million and the fair value was ¥5 million. The balances and fair value changed from the previous year's contract amount of ¥2,899 million and negative fair value of ¥112 million, but the policy of using foreign exchange forwards continued. - FY2018AdvancedAnnual report
「As of 31 March 2018, the foreign exchange forward contracts were long US dollars, with accounts payable as the primary hedged item. The contract amount and other amounts totaled ¥2,899 million, and the fair value was negative ¥112 million.」
The Company was using foreign exchange forwards as hedges and disclosed a contract amount and other amounts of ¥2,899 million and a fair value of negative ¥112 million at the end of the fiscal year. - FY2016First statedAnnual report
「In conducting foreign-currency transactions, the Company generally takes measures such as entering into forward exchange contracts to mitigate foreign exchange risk, but there is no guarantee that such risk can be completely avoided.」
The filing explains that forward exchange contracts and similar instruments are generally used, but that the risk cannot be completely avoided.