Foreign Exchange Risk from Foreign-Currency-Denominated Financial Assets and Liabilities
First written in FY2017. 4 of 12 entries say "Worsened", first in FY2022. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Forward contracts turn profitable as contract amounts increaseAnnual report
「Forward foreign-exchange contracts Sell contracts 35,072 － 273 273」
The contracted amount of sell-side forward foreign-exchange contracts increased from ¥3,176.9 million at the end of the previous fiscal year to ¥3,507.2 million, while the fair-value/valuation result shifted from a ¥122 million loss to a ¥273 million valuation gain. - FY2026-H1WorsenedAnnual report
「Forward foreign-exchange contracts Sell contracts 33,807 － △187 △187 Buy contracts 87 － 0 0」
The contracted amount of sell-side forward foreign-exchange contracts increased from ¥3,176.9 million at the end of the previous consolidated fiscal year to ¥3,380.7 million, while the fair-value/valuation loss widened from ¥122 million to ¥187 million. - FY2025Increase in forward contract balances and reduction in valuation lossesAnnual report
「Forward foreign-exchange contracts Sell contracts 31,769 － △122 △122」
The contracted amount of sell-side forward foreign-exchange contracts increased from ¥3,022.5 million to ¥3,176.9 million, while the fair-value/valuation loss narrowed from ¥339 million to ¥122 million. - FY2025-H1MitigatedAnnual report
「Forward foreign-exchange contracts Sell contracts 16,178 － △224 △224」
The contracted amount of sell-side forward foreign-exchange contracts decreased from ¥3,022.5 million at the end of the previous consolidated fiscal year to ¥1,617.8 million, while the fair-value/valuation loss narrowed from ¥339 million to ¥224 million. - FY2024WorsenedAnnual report
「Forward foreign-exchange contracts Sell contracts 30,225 － △339 △339」
The contracted amount of sell-side forward foreign-exchange contracts increased from ¥940 million to ¥3,022.5 million, while the fair-value/valuation loss widened from ¥88 million to ¥339 million. - FY2024-Q2WorsenedAnnual report
「Forward foreign-exchange contracts Sell contracts 43,627 － △428 △428」
The contracted amount of sell-side forward foreign-exchange contracts increased from ¥940 million at the end of March 2023 to ¥4,362.7 million, while the fair-value/valuation loss widened from ¥88 million to ¥428 million. Exposure to foreign-exchange risk and valuation losses increased. - FY2023-Q2MitigatedAnnual report
「Forward foreign-exchange contracts Sell contracts 30,884 － △6 △6」
The contracted amount of sell-side forward foreign-exchange contracts decreased from ¥4,161.6 million to ¥3,088.4 million, while the fair-value/valuation loss narrowed from ¥2,109 million to ¥6 million. - FY2022WorsenedAnnual report
「Forward foreign-exchange contracts Sell contracts 41,616 － △2,109 △2,109」
The contracted amount of sell-side forward foreign-exchange contracts increased from ¥2,193 million to ¥4,161.6 million, while the fair-value/valuation loss widened from ¥696 million to ¥2,109 million. - FY2022-Q2Increase in forward contract balances and reduction in valuation lossesAnnual report
「Forward foreign-exchange contracts Sell contracts 42,386 － △227 △227」
The contracted amount of sell-side forward foreign-exchange contracts increased from ¥2,193 million to ¥4,238.6 million, while the fair-value/valuation loss narrowed from ¥696 million to ¥227 million. - FY2021MitigatedAnnual report
「The Securities and Treasury Department manages the balance between foreign-currency-denominated financial assets and liabilities and controls foreign-exchange risk by conducting offsetting transactions in the interbank market and forward foreign-exchange transactions, including forward contracts, against these transactions.」
The Company disclosed balance management through offsetting transactions in the interbank market and forward foreign-exchange contracts as specific measures to address foreign-exchange risk from foreign-currency-denominated financial assets and liabilities. - FY2018RestatedAnnual report
「In addition, when foreign-currency-denominated financial assets and financial liabilities result in a net asset or net liability position, the Company is exposed to foreign-exchange risk, whereby fluctuations in exchange rates affect present value and income over the period.」
Foreign-exchange risk arising from net positions in foreign-currency-denominated financial assets and liabilities continues to be disclosed. - FY2017First statedAnnual report
「In addition, when foreign-currency-denominated financial assets and financial liabilities result in a net asset or net liability position, the Company is exposed to foreign-exchange risk, whereby fluctuations in exchange rates affect present value and income over the period.」
Foreign-exchange risk arising from net positions in foreign-currency-denominated financial assets and liabilities was identified as a separate risk for the first time.