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ispace, inc. Reports Foreign Exchange Loss Impacting Financial Results

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ispace, inc. Reports Foreign Exchange Loss Impacting Financial Results

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An update from ispace,inc. ( (JP:9348) ) is now available.

ispace, inc. reported a foreign exchange loss of 1,176 million yen in the fourth quarter of the fiscal year ending March 31, 2025, primarily due to the revaluation of foreign currency-denominated loans. This loss, offset by earlier gains, resulted in a total foreign exchange loss of 644 million yen for the fiscal year, impacting the company’s consolidated financial results.

More about ispace,inc.

ispace, inc. operates in the space exploration industry, focusing on lunar exploration and development. The company provides services related to lunar transportation and data collection, aiming to contribute to the sustainable development of lunar resources.

Average Trading Volume: 2,991,336

Technical Sentiment Signal: Buy

Current Market Cap: Yen112.9B

For an in-depth examination of 9348 stock, go to TipRanks’ Stock Analysis page.

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