Hedging Foreign Exchange Risk with Forward Contracts
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2023.
43 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group regularly monitors exchange rate trends in relation to exchange rate fluctuation risk associated with foreign-currency-denominated trade receivables and payables, and conducts derivative transactions, specifically foreign exchange forward contracts, to hedge this risk.」
The company reaffirmed its monitoring of exchange rate trends and hedging through foreign exchange forward contracts. - FY2021RestatedAnnual report
「The Group regularly monitors exchange rate trends in relation to exchange rate fluctuation risk associated with foreign-currency-denominated trade receivables and payables, and conducts derivative transactions, specifically foreign exchange forward contracts, to hedge this risk.」
The company continued hedging foreign-currency-denominated receivables and payables through foreign exchange forward contracts. - FY2019RestatedAnnual report
「The company conducts derivative transactions, specifically foreign exchange forward contracts, to hedge this risk.」
The company continued using foreign exchange forward contracts against exchange rate fluctuation risk associated with foreign-currency-denominated trade receivables and payables. - FY2018First statedAnnual report
「The company conducts derivative transactions, specifically foreign exchange forward contracts, to hedge this risk.」
The company described the use of foreign exchange forward contracts to manage exchange rate fluctuation risk associated with foreign-currency-denominated trade receivables and payables.