Hedging foreign exchange and interest rate risk and limiting speculative transactions
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2025.
96 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company’s policy is to use derivatives as necessary to avoid risks from fluctuations in foreign exchange rates, interest rates and other factors, and not to engage in speculative transactions.」
The Company continues its policy of limiting derivatives to hedging foreign-exchange and interest-rate risks and not engaging in speculative transactions. - FY2024RestatedAnnual report
「The Company and certain consolidated subsidiaries enter into derivative transactions as necessary to reduce the risk of exchange-rate fluctuations on foreign-currency-denominated operating receivables and payables and the risk of interest-rate fluctuations on borrowings.」
The Company continues to pursue a policy of entering into derivative transactions as necessary to reduce foreign-exchange risks on foreign-currency-denominated receivables and payables and interest-rate risks on borrowings. - FY2023AdvancedAnnual report
「The Company and certain consolidated subsidiaries enter into derivative transactions as necessary to reduce the risk of exchange-rate fluctuations on foreign-currency-denominated operating receivables and payables and the risk of interest-rate fluctuations on borrowings.」
The policy of avoiding foreign-exchange and interest-rate risks and not engaging in speculative transactions is being implemented through specific procedures for derivative transactions covering foreign-currency-denominated receivables and payables and borrowings. - FY2021AdvancedAnnual report
「Taking interest rate conditions into account, the company is working to mitigate the impact of interest rate fluctuations by fixing interest rates for five years and taking other measures.」
In addition to its policy of limiting foreign exchange and interest rate fluctuation risk and not engaging in speculative transactions, the company describes specific measures, including fixing interest rates for five years. - FY2019RestatedAnnual report
「The company’s policy is to use derivatives as necessary to avoid risks from fluctuations in foreign exchange rates, interest rates and other factors, and not to engage in speculative transactions.」
The company continues to limit the use of derivatives to avoiding foreign exchange and interest rate fluctuation risk and not to engage in speculative transactions. - FY2018RestatedAnnual report
「The company’s policy is to use derivatives as necessary to avoid risks from fluctuations in foreign exchange rates, interest rates and other factors, and not to engage in speculative transactions.」
The company continues to limit the use of derivatives to avoiding foreign exchange and interest rate fluctuation risk and not to engage in speculative transactions. - FY2017RestatedAnnual report
「The company’s policy is to use derivatives as necessary to avoid risks from fluctuations in foreign exchange rates, interest rates and other factors, and not to engage in speculative transactions.」
The company continues to limit the use of derivatives to avoiding foreign exchange and interest rate fluctuation risk and not to engage in speculative transactions. - FY2016First statedAnnual report
「The company’s policy is to use derivatives as necessary to avoid risks from fluctuations in foreign exchange rates, interest rates and other factors, and not to engage in speculative transactions.」
The company states that it limits the use of derivatives to avoiding fluctuations in foreign exchange rates, interest rates and other factors, and does not use them for speculative purposes.