NEC Capital Solutions Limited (8793) · RiskMitigated
Foreign Exchange Risk Associated with Foreign-Currency-Denominated Operating Assets
First written in FY2017. 1 of 2 entries say "Mitigated", first in FY2021. Latest entry: FY2021.
2entries
5years
0from disclosures
How it moved
Same theme, other companies
Foreign exchange movements in foreign-currency-denominated assets and liabilities and forward-contract hedgingA theme 5 companies write about · 4 as a headwind · 1 as a tailwind
1 other company's latest entry also says "Mitigated".
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Full recordFilings, disclosures and news, newest first
- FY2021MitigatedAnnual report
「In addition to conducting transactions that match the balances of foreign-currency-denominated assets and funding, we hedge using currency swaps.」
In addition to matching foreign-currency-denominated assets and funding, the company explicitly identifies hedging through currency swaps as a measure to address foreign exchange risk. - FY2017First statedAnnual report
「Our basic policy is to raise funds in foreign currencies in balance with our foreign-currency-denominated operating assets, but sharp fluctuations in exchange rates could affect the performance and other aspects of our group.」
While stating its policy of matching foreign-currency-denominated operating assets with foreign-currency funding, the company identifies the impact of sharp foreign exchange fluctuations as a risk.