Hedging Exchange-Rate Movement Risk Using Foreign Exchange Forward Contracts and Other Instruments
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Accordingly, we hedge exchange-rate risk through forward foreign exchange contracts and other measures. However, as there is no guarantee that these measures will completely avoid the risk, sharp exchange-rate movements may affect our results.」
The company continues to disclose foreign exchange hedging through forward foreign exchange contracts and other measures, together with the explanation that complete avoidance of the risk is not guaranteed. - FY2018RestatedAnnual report
「Accordingly, we hedge exchange-rate risk through forward foreign exchange contracts and other measures. However, as there is no guarantee that these measures will completely avoid the risk, sharp exchange-rate movements may affect our results.」
The company continues to disclose foreign exchange hedging through forward foreign exchange contracts and other measures, together with the explanation that complete avoidance of the risk is not guaranteed. - FY2017RestatedAnnual report
「Accordingly, we hedge exchange-rate risk through forward foreign exchange contracts and other measures. However, as there is no guarantee that these measures will completely avoid the risk, sharp exchange-rate movements may affect our results.」
The company has continued to hedge foreign exchange risk through forward foreign exchange contracts and other measures, while maintaining its explanation that complete avoidance of the risk is not guaranteed. - FY2016First statedAnnual report
「Accordingly, we hedge exchange-rate risk through forward foreign exchange contracts and other measures. However, as there is no guarantee that these measures will completely avoid the risk, sharp exchange-rate movements may affect our results.」
The company disclosed hedging through forward foreign exchange contracts and other measures as a specific response to foreign exchange risk, explaining that complete avoidance of the risk is not guaranteed.