Foreign exchange risk on overseas travel ground costs
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
KNT-CT Holdings moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
0 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Accordingly, we hedge foreign exchange risk using forward exchange contracts or currency option transactions. However, significant exchange rate fluctuations may affect the operating results and financial position of our Group.」
Currency option transactions were specified as an additional measure for addressing foreign exchange risk on overseas travel, alongside the existing use of forward exchange contracts. - FY2021RestatedAnnual report
「Accordingly, we hedge the foreign exchange risk arising from exchange rate fluctuations between the contract date and settlement date using forward exchange contracts. However, significant exchange rate fluctuations may affect the operating results and financial position of our Group.」
We continue to identify foreign exchange risk on foreign-currency-denominated ground costs for overseas travel and maintain a policy of hedging it with forward exchange contracts. - FY2020RestatedAnnual report
「Accordingly, we hedge the foreign exchange risk arising from exchange rate fluctuations between the contract date and settlement date using forward exchange contracts. However, significant exchange rate fluctuations may affect the operating results and financial position of our Group.」
We continue to identify foreign exchange risk on foreign-currency-denominated ground costs for overseas travel and maintain a policy of hedging it with forward exchange contracts. - FY2017RestatedAnnual report
「We generally hedge the foreign exchange risk arising from exchange rate fluctuations between the contract date and settlement date for ground cost transactions using forward exchange contracts. However, future foreign exchange movements may affect the financial position and operating results of our Group.」
We continue to identify foreign exchange risk on foreign-currency-denominated ground costs for overseas travel and maintain a policy of hedging it with forward exchange contracts. - FY2016First statedAnnual report
「Most transactions for ground costs, such as hotel charges, related to our Group's overseas travel business are settled in foreign currencies, primarily U.S. dollars.」
We treat foreign exchange fluctuations on foreign-currency-denominated ground costs as a risk and, in principle, hedge it using forward exchange contracts.