Mitigation of Foreign Exchange Fluctuation Risk Using Forward Exchange Contracts and Other Instruments
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2024.
48 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company enters into derivative transactions, including forward exchange contracts, within the amount of its foreign-currency-denominated trade receivables to reduce foreign exchange risk. In addition, foreign-currency collections are deposited in foreign-currency deposit accounts and transferred to yen-denominated deposit accounts when the yen weakens, further reducing foreign exchange risk.」
The policy of reducing foreign exchange risk through the use of forward exchange contracts and other measures within the amount of foreign-currency-denominated trade receivables, together with transfers from foreign-currency deposits to yen-denominated deposits, continues. - FY2019First statedAnnual report
「The Company enters into derivative transactions, including forward exchange contracts, within the amount of its foreign-currency-denominated trade receivables to reduce foreign exchange risk. In addition, foreign-currency collections are deposited in foreign-currency deposit accounts and transferred to yen-denominated deposit accounts when the yen weakens, further reducing foreign exchange risk.」
The Company uses forward exchange contracts and other measures within the amount of its foreign-currency-denominated trade receivables, together with transfers from foreign-currency deposits to yen-denominated deposits, to reduce foreign exchange risk.