Hedging Foreign Exchange Risk with Forward Contracts
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「For exchange-rate fluctuation risks related to import and export transactions and other activities, the Group enables forward foreign-exchange contracts to be entered into at the time transactions are concluded, within the scope of underlying business requirements.」
The company continues its policy of entering into forward foreign-exchange contracts within the scope of underlying business requirements to address exchange-rate fluctuation risks. - FY2017RestatedAnnual report
「For exchange-rate fluctuation risks related to import and export transactions and other activities, the Group enables forward foreign-exchange contracts to be entered into at the time transactions are concluded, within the scope of underlying business requirements.」
The company continues its policy of entering into forward foreign-exchange contracts within the scope of underlying business requirements as a measure to address exchange-rate fluctuation risks. - FY2016First statedAnnual report
「For exchange-rate fluctuation risks related to import and export transactions and other activities, the Group enables forward foreign-exchange contracts to be entered into at the time transactions are concluded, within the scope of underlying business requirements.」
The disclosure identifies forward foreign-exchange contracts as a specific hedging measure for exchange-rate fluctuation risks related to import and export transactions.