Hedging Foreign-Currency Transactions with Forward Exchange Contracts
First written in FY2016. 4 of 11 entries say "Restated". Latest entry: FY2026.
12 other companies' latest entry also says "Other".
- FY2026Expansion in the scale of foreign-exchange forward contractsAnnual report
「Total 37,352 3,927 167」
The contract amounts and other figures for foreign-exchange forwards, including transactions subject to hedge accounting, increased from ¥26,820 million in the previous fiscal year to ¥37,352 million. The policy of hedging with forward exchange contracts based on underlying business requirements continued. - FY2024Decline in the scale of foreign-exchange forward contractsAnnual report
「Total 30,322 4,616 849」
The contract amounts and other figures for foreign-exchange forwards, including transactions subject to hedge accounting, declined from ¥41,294 million in the previous fiscal year to ¥30,322 million. The policy of hedging with forward exchange contracts based on underlying business requirements continued. - FY2023Expansion in the scale of foreign-exchange forward contractsAnnual report
「The foreign-currency-denominated operating receivables and payables arising from the Company's global operations are exposed to foreign-exchange fluctuation risk, which the Company hedges using forward exchange contracts based on underlying business requirements.」
The foreign-exchange hedging policy based on underlying business requirements continued. The contract amounts and other figures, including transactions subject to hedge accounting, increased from ¥13,363 million in the previous fiscal year to ¥41,294 million. - FY2023-Q2RestatedAnnual report
「No applicable matters were identified because the contract amounts and other figures for the transactions had not changed significantly from the end of the previous consolidated fiscal year.」
The contract amounts and other figures for derivative transactions were not considered to have changed significantly, and no significant change in the hedging policy based on forward exchange contracts according to underlying business requirements was disclosed. - FY2022-Q2Changes in the contract amounts and other figures for foreign-exchange forward transactionsAnnual report
「Derivative transactions whose underlying assets are currencies and interest rates have become important to the operation of the corporate group's business, and significant changes have occurred compared with the end of the previous consolidated fiscal year.」
The contract amounts and other figures for foreign-exchange forward transactions declined from ¥4,678 million at the end of the previous consolidated fiscal year to ¥3,252 million, while fair value was negative ¥101 million. The contract scale and currency composition changed under the foreign-exchange hedging framework based on underlying business requirements. - FY2021RestatedAnnual report
「The foreign-currency-denominated operating receivables and payables arising from the Company's global operations are exposed to foreign-exchange fluctuation risk, which the Company hedges using forward exchange contracts based on underlying business requirements.」
The policy of hedging with forward exchange contracts based on underlying business requirements continued. - FY2021-Q2RestatedAnnual report
「No applicable matters were identified because the contract amounts and other figures for the transactions had not changed significantly from the end of the previous consolidated fiscal year.」
The contract amounts and other figures for derivative transactions were not considered to have changed significantly, and no significant change in the hedging policy based on forward exchange contracts according to underlying business requirements was disclosed. - FY2019-Q2RestatedAnnual report
「No applicable matters were identified because the contract amounts and other figures for the transactions had not changed significantly from the end of the previous consolidated fiscal year.」
The contract amounts and other figures for derivative transactions were not considered to have changed significantly from the end of the previous consolidated fiscal year, and no significant change in the hedging policy based on forward exchange contracts according to underlying business requirements was disclosed. - FY2017Changes in the composition and scale of foreign-exchange hedging contractsAnnual report
「The contract amounts and other figures for foreign-exchange forward transactions totaled ¥4,988 million for the consolidated fiscal year, including transactions to which hedge accounting was applied.」
The contract amounts and other figures for foreign-exchange forwards declined from ¥6,699 million in the previous fiscal year to ¥4,988 million, and the composition by currency and transaction type also changed. The policy of hedging with forward exchange contracts based on underlying business requirements continued. - FY2017-Q2Expansion in the scale of foreign-exchange forward transactionsAnnual report
「Currency derivatives have become material to the operation of the business group, and significant changes have occurred compared with the end of the previous consolidated fiscal year.」
The contract amounts and other figures for foreign-exchange forwards increased from ¥860 million to ¥1,001 million for short positions and from ¥1,306 million to ¥3,349 million for long positions. - FY2016First statedAnnual report
「Foreign-currency-denominated operating receivables and payables are exposed to foreign-exchange fluctuation risk, which the Company hedges using forward exchange contracts based on underlying business requirements.」
The disclosure also provides the contract amounts and fair values of foreign-exchange forwards covering order backlogs, purchase-order backlogs, accounts receivable and accounts payable.