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JIA Announces Significant Forex Gains
Company Announcements

JIA Announces Significant Forex Gains

Japan Investment Adviser Co.,Ltd. (JP:7172) has released an update.

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Japan Investment Adviser Co., Ltd. (JIA) is set to record a substantial non-operating income of approximately JPY 2,200 million from foreign exchange gains, due to favorable currency fluctuations during the first half of 2024. These gains are primarily from valuation increases of foreign currency assets and will be reflected in the revised consolidated earnings forecast, although their effect on the non-consolidated quarterly financials is considered minor.

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