Hedging Against Interest Rate and Fuel Price Fluctuations
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2026.
87 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company seeks to reduce interest rate fluctuation risk by fixing the interest rates on some borrowings and issuing long-term and ultra-long-term corporate bonds.」
Measures to reduce interest rate fluctuation risk through interest rate fixing and the issuance of long-term and ultra-long-term corporate bonds continue. - FY2023ReframedAnnual report
「The Company hedges currency fluctuation risk in accordance with its internal rules. a. Hedging instrument: foreign exchange forward contracts b. Hedged item: foreign-currency-denominated receivables」
Compared with the previously disclosed hedging of interest rates and fuel prices, the current fiscal year describes hedging currency fluctuations in foreign-currency-denominated receivables using foreign exchange forward contracts. - FY2021RestatedAnnual report
「The Company seeks to reduce interest rate fluctuation risk by fixing the interest rates on some borrowings and issuing long-term and ultra-long-term corporate bonds.」
Measures to reduce interest rate fluctuation risk through interest rate fixing and the issuance of long-term and ultra-long-term corporate bonds continue. - FY2019RestatedAnnual report
「The Company seeks to reduce interest rate fluctuation risk by fixing the interest rates on some borrowings and issuing long-term and ultra-long-term corporate bonds.」
Measures to reduce interest rate fluctuation risk through interest rate fixing and the issuance of long-term and ultra-long-term corporate bonds continue. - FY2018ReframedAnnual report
「The Company seeks to reduce interest rate fluctuation risk by fixing the interest rates on some borrowings and issuing long-term and ultra-long-term corporate bonds.」
Compared with the previously disclosed hedging using interest rate swaps and crude oil swaps, the current fiscal year describes risk reduction through interest rate fixing and the issuance of long-term and ultra-long-term corporate bonds. - FY2017RestatedAnnual report
「The Company hedges interest rate fluctuation risk and fuel price fluctuation risk, primarily in accordance with its internal rules.」
The hedging policy using interest rate swaps and crude oil swaps continues. - FY2016First statedAnnual report
「The Company hedges interest rate fluctuation risk and fuel price fluctuation risk, primarily in accordance with its internal rules.」
The Company uses interest rate swaps for borrowings and crude oil swaps for fuel, and uses derivatives for risk avoidance rather than for speculative purposes.