Reducing Financial Risks through Forward Exchange Contracts and Interest Rate Swaps
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2022.
49 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The derivative transactions consist of forward foreign exchange contracts to hedge the risk of exchange-rate fluctuations on foreign-currency-denominated trade receivables and payables, and interest rate swaps to hedge the risk of fluctuations in interest payments on borrowings.」
The Group continues its policy of using forward foreign exchange contracts and interest rate swaps exclusively for hedging exchange-rate and interest-rate risks, rather than for speculative purposes. - FY2020RestatedAnnual report
「The derivative transactions consist of forward foreign exchange contracts to hedge the risk of exchange-rate fluctuations on foreign-currency-denominated trade receivables and payables, and interest rate swaps to hedge the risk of fluctuations in interest payments on borrowings.」
The Group continues its policy of using forward foreign exchange contracts and interest rate swaps exclusively for hedging purposes. - FY2017First statedAnnual report
「The derivative transactions consist of forward foreign exchange contracts to hedge the risk of exchange-rate fluctuations on foreign-currency-denominated trade receivables and payables, and interest rate swaps to hedge the risk of fluctuations in interest payments on borrowings.」
The Group uses forward foreign exchange contracts for foreign-currency-denominated trade receivables and payables, and interest rate swaps for fluctuations in borrowing rates.