Foreign Exchange and Interest Rate Risk and Derivative Hedging
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 7 of 35 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2026Increase in outstanding foreign exchange forward contractsAnnual report
「Forward foreign exchange contracts Sell US dollars Accounts receivable Contract amount, etc.: ¥1,845 million」
The policy of hedging foreign exchange fluctuation risk remains in place, and the contract amount of foreign exchange contracts for accounts receivable increased from ¥1,205 million in the previous fiscal year to ¥1,845 million. - FY2019RestatedAnnual report
「The Group’s derivatives transactions comprise forward foreign exchange contracts to hedge the risk of fluctuations in foreign exchange rates related to foreign-currency-denominated operating receivables and payables, and interest rate swaps to hedge the risk of fluctuations in interest payments on borrowings.」
The policy of limiting foreign exchange contracts and interest rate swaps to hedging foreign exchange and interest rate fluctuation risks is reaffirmed. The fiscal year-end contract amounts are stated as ¥2,238 million for foreign exchange contracts and ¥1,500 million for interest rate swaps. - FY2018RestatedAnnual report
「The Group’s derivatives transactions comprise forward foreign exchange contracts to hedge the risk of fluctuations in foreign exchange rates related to foreign-currency-denominated operating receivables and payables, and interest rate swaps to hedge the risk of fluctuations in interest payments on borrowings.」
The policy of limiting foreign exchange contracts and interest rate swaps to hedging foreign exchange and interest rate fluctuation risks is reaffirmed. Contract amounts and other details at the fiscal year-end are stated as ¥1,303 million for foreign exchange contracts and ¥2,700 million for interest rate swaps. - FY2017First statedAnnual report
「Derivative transactions consist of forward foreign exchange contracts intended to hedge the risk of foreign exchange fluctuations relating to foreign-currency-denominated operating receivables and payables, and interest rate swaps intended to hedge the risk of fluctuations in the interest rates payable on borrowings.」
The risks of foreign exchange fluctuations on foreign-currency-denominated operating receivables and payables and interest rate fluctuations on borrowings are identified, along with a policy of hedging them through forward foreign exchange contracts and interest rate swaps.