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<Currency-related transactions>
Yen
(millions)
At March 31, 2009
Contract
Amount
Contract
Amount
Over 1 Year Fair Value Gain/Loss
Foreign Exchange
Forward Contracts
To buy foreign currencies
U.S. Dollars ¥35,662 ¥21,454 ¥5,180 ¥ 1,645
Other currencies 8,398 3,422 5,062 1,002
To sell foreign currencies
U.S. Dollars 15,175 3,797 9,534 (2,235)
Other currencies 2,591 — 2,939 (349)
Foreign Exchange
Options Contracts
To buy options
U.S. Dollars puts 286 —
<3> <—> 2 (1)
To sell options
U.S. Dollars calls 286 —
<3> <—> 13 (10)
Foreign Exchange Swap Contracts
Receive Pound Sterling/pay Euro 5,295 — (102) (102)
Receive Pound Sterling/pay U.S.
Dollar or other currencies 6,956 — 9 9
Receive Euro/pay Pound Sterling 19,686 — 451 451
Receive Yen/pay Pound Sterling 2,957 — (199) (199)
Receive U.S. Dollar or other
currencies/pay Pound Sterling 3,235 — 79 79
Total ¥ 290
Notes 1. Fair value is principally based on obtaining quotes from financial institutions signing the contract.
2. Collateral conditions are attached to some foreign exchange forward contracts and there is a possibility of a change in the contract amount and duration due to
the fluctuation of the currency exchange rate.
3. Option premiums are disclosed in brackets < >, and corresponding fair value and gains and losses are disclosed in the same line.
4. Derivative transactions which qualify for hedge accounting are excluded from the above table.
2. Derivative transactions which qualify for hedge accounting
(i) Currency-related transactions
At March 31, 2010
Yen
(millions)
U.S. Dollars
(thousands)
Type of derivative transaction
Principal Item
Hedged
Contract
Amount
Contract
Amounts
Over 1 Year Fair Value
Contract
Amount
Contract
Amounts
Over 1 Year Fair Value
Foreign exchange forward transactions
To buy foreign currencies
U.S. Dollars Receivables, trade ¥4,758 ¥— ¥(77) $51,161 $— $(828)
(ii) Interest-related transactions
At March 31, 2010
Yen
(millions)
U.S. Dollars
(thousands)
Type of derivative transaction
Principal Item
Hedged
Contract
Amount
Contract
Amounts
Over 1 Year Fair Value
Contract
Amount
Contract
Amounts
Over 1 Year Fair Value
Interest rate swap transaction
Pay fixed/Receive variable Borrowings ¥3,625 ¥2,772 ¥10 $38,978 $29,806 $108
118 FUJITSU LIMITED Annual Report 2010
Notes to Consolidated Financial Statements