Hedging Foreign-Exchange Risk on Foreign-Currency-Denominated Export and Import Transactions
First written in FY2016. 7 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Derivatives are used to hedge foreign-exchange risk on foreign-currency-denominated operating receivables and payables, and the company does not engage in speculative transactions.」
The policy of basing fund management on short-term deposits and bank borrowings and limiting derivatives to foreign-exchange hedging continued. - FY2025RestatedAnnual report
「The group limits the investment of funds to short-term deposits and similar instruments, and plans to use bank borrowings if financing becomes necessary. Derivatives are used to hedge foreign-exchange risk on foreign-currency-denominated operating receivables and payables, and the group does not engage in speculative transactions.」
The policy of basing fund management on short-term deposits and bank borrowings and limiting derivatives to foreign-exchange hedging continued. - FY2024RestatedAnnual report
「Exports are generally denominated in yen, but comprehensive forward foreign-exchange contracts are used for foreign-currency-denominated transactions to mitigate foreign-exchange risk.」
The policy of generally denominating transactions in yen and using comprehensive forward foreign-exchange contracts for foreign-currency-denominated transactions continued. - FY2020RestatedAnnual report
「The group believes that it is impossible to completely avoid the risks associated with this unstable export environment. Exports are generally denominated in yen, but comprehensive forward foreign-exchange contracts are used for foreign-currency-denominated transactions to mitigate foreign-exchange risk.」
The policy of generally denominating transactions in yen and using comprehensive forward foreign-exchange contracts for foreign-currency-denominated transactions continued. - FY2019RestatedAnnual report
「The group believes that it is impossible to completely avoid the risks associated with this unstable export environment. Exports are generally denominated in yen, but comprehensive forward foreign-exchange contracts are used for foreign-currency-denominated transactions to mitigate foreign-exchange risk.」
The policy of generally denominating transactions in yen and using comprehensive forward foreign-exchange contracts for foreign-currency-denominated transactions continued. - FY2018RestatedAnnual report
「The group believes that it is impossible to completely avoid the risks associated with this unstable export environment. Exports are generally denominated in yen, but comprehensive forward foreign-exchange contracts are used for foreign-currency-denominated transactions to mitigate foreign-exchange risk.」
The policy of generally denominating transactions in yen and using comprehensive forward foreign-exchange contracts for foreign-currency-denominated transactions continued. - FY2017RestatedAnnual report
「Exports are generally denominated in yen, but comprehensive forward foreign-exchange contracts are used for foreign-currency-denominated transactions to mitigate foreign-exchange risk.」
The policy of generally denominating transactions in yen and using comprehensive forward foreign-exchange contracts for foreign-currency-denominated transactions continued. - FY2016First statedAnnual report
「Exports are generally denominated in yen, but comprehensive forward foreign-exchange contracts are used for foreign-currency-denominated transactions to mitigate foreign-exchange risk.」
The company specified a policy of generally denominating transactions in yen and using comprehensive forward foreign-exchange contracts for foreign-currency-denominated transactions.