NJ5 on 05 February 2009
| TWRoO said: What does CSR stand for?... he seems to be talking about envionmentally friendly stuff so I understand the paraghraph but I still can't figure out what it actually stands for. Also no idea what was going on about hedges, I presume something to do with paying in different currency saves them money, or has some other kind of advantage. |
No idea about CSR. Read hedging as in "hedging your bets". In this case it's a way to protect against currency fluctuations. By paying for some expenses in US dollars, they decrease the impact of the Yen's strength, but they also don't make as much as they can if the Yen weakens.
It makes sense for an exporter to hedge by paying for some expenses in the currency their revenue is mainly made of.
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