Transition of Hedge Transactions Following LIBOR Cessation
First written in FY2022-Q1. 4 of 6 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2023: 1 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Following the discontinuation of LIBOR, Nomura terminated hedging instruments referencing LIBOR and began new hedging transactions. The terminated hedging transactions have been accounted for as discontinued hedge accounting.」
The company has continued the termination of hedges referencing LIBOR, the transition to new hedging transactions and the accounting treatment for discontinued hedge accounting. - FY2023-Q2RestatedAnnual report
「Following the discontinuation of LIBOR, Nomura terminated hedging instruments referencing LIBOR and began new hedging transactions. The terminated hedging transactions have been accounted for as discontinued hedge accounting.」
The company has continued the termination of hedges referencing LIBOR, the transition to new hedging transactions and the accounting treatment for discontinued hedge accounting. - FY2023-Q1RestatedAnnual report
「Following the discontinuation of LIBOR, Nomura terminated hedging instruments referencing LIBOR and began new hedging transactions. The terminated hedging transactions have been accounted for as discontinued hedge accounting.」
The company has continued the termination of hedges referencing LIBOR, the transition to new hedging transactions and the accounting treatment for discontinued hedge accounting. - FY2022-Q3AdvancedAnnual report
「Nomura switched reference rates during the third quarter and elected to apply practical expedients to contract modifications. The switch in reference rates had no material effect on the consolidated financial statements.」
In addition to terminating hedges referencing LIBOR and transitioning to new hedging transactions, the company switched reference interest rates and applied practical expedients during the quarter. - FY2022-Q2RestatedAnnual report
「Following the discontinuation of LIBOR, Nomura terminated hedging instruments referencing LIBOR and began new hedging transactions. The terminated hedging transactions have been accounted for as discontinued hedge accounting.」
The company has continued to disclose the termination of hedges referencing LIBOR, the initiation of new hedging transactions and the accounting treatment for discontinued hedge accounting. - FY2022-Q1First statedAnnual report
「Following the discontinuation of LIBOR, Nomura terminated hedging instruments referencing LIBOR and began new hedging transactions. The terminated hedging transactions have been accounted for as discontinued hedge accounting.」
In response to the discontinuation of LIBOR, the company disclosed for the first time the termination of hedges referencing LIBOR, the initiation of new hedging transactions and the accounting treatment for discontinued hedge accounting.