TOKYO -- Furniture retailer Nitori Holdings excels at snapping up dollar-denominated forward contracts to lock in advantageous rates for importing the goods it sources abroad, letting the Japanese company hedge against foreign exchange fluctuations.
Forex
Nitori harnesses yen as centerpiece of profit strategy
Furniture retailer's hefty buys of forward contracts guard against market swings
Furniture retailer Nitori has raised profit and revenue for 30 consecutive years.
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