Dollar-Denominated Expenses and Hedging of Foreign Exchange and Interest Rate Risk
First written in FY2017. 7 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 3 of 14 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group is working to mitigate the impact of foreign exchange movements by increasing the proportion of dollar-denominated costs and using forward foreign exchange contracts and other hedging transactions.」
The policy of mitigating the impact of foreign exchange movements through dollar-denominated costs and forward foreign exchange contracts and other hedging transactions was reaffirmed. - FY2025RestatedAnnual report
「The Group is working to mitigate the impact of foreign exchange movements by increasing the proportion of dollar-denominated costs and using forward foreign exchange contracts and other hedging transactions.」
The policy of mitigating the impact of foreign exchange movements through dollar-denominated costs and forward foreign exchange contracts and other hedging transactions was reaffirmed. - FY2024RestatedAnnual report
「The Group is working to mitigate the impact of foreign exchange movements by increasing the proportion of dollar-denominated costs and using forward foreign exchange contracts and other hedging transactions.」
The policy of mitigating the impact of foreign exchange movements through dollar-denominated costs and forward foreign exchange contracts and other hedging transactions was reaffirmed. - FY2023RestatedAnnual report
「The Group is working to mitigate the impact of foreign exchange movements by increasing the proportion of dollar-denominated costs and using forward foreign exchange contracts and other hedging transactions.」
The policy of mitigating the impact of foreign exchange movements through dollar-denominated costs and forward foreign exchange contracts and other hedging transactions was reaffirmed. - FY2020RestatedAnnual report
「The Group is working to mitigate the impact of foreign exchange movements by increasing the proportion of dollar-denominated costs and using forward foreign exchange contracts and other hedging transactions.」
The policy of mitigating the impact of foreign exchange movements through dollar-denominated costs and forward foreign exchange contracts and other hedging transactions was reaffirmed. - FY2019RestatedAnnual report
「Most costs are denominated in US dollars, but some yen-denominated costs remain. While the Group is also working to increase the proportion of dollar-denominated costs, a stronger yen would adversely affect the Group's income and expenses.」
The policy of addressing foreign exchange risk by increasing the proportion of dollar-denominated costs remains in place. Forward foreign exchange contracts were also described as a hedging instrument for foreign currency transactions. - FY2018RestatedAnnual report
「Most costs are denominated in US dollars, but some yen-denominated costs remain. While the Group is also working to increase the proportion of dollar-denominated costs, a stronger yen would adversely affect the Group's income and expenses.」
The policy of addressing dollar-denominated revenues and costs and reducing foreign exchange risk by increasing the proportion of dollar-denominated costs remains in place. - FY2017First statedAnnual report
「Most costs are denominated in US dollars, but some yen-denominated costs remain. While the Group is also working to increase the proportion of dollar-denominated costs, a stronger yen would adversely affect the Group's income and expenses.」
The company is increasing the proportion of dollar-denominated costs to address the risk of yen appreciation. It also describes a hedging policy using interest rate swaps and forward foreign exchange contracts.