Kobe Bussan Co., Ltd. ( (JP:3038) ) just unveiled an announcement.
Kobe Bussan Co., Ltd. has announced a non-operating income gain of ¥4,938 million due to the valuation of derivatives for the three months ending January 31, 2025. This gain resulted from the termination of certain derivatives used for hedging foreign exchange rate risks. Despite this gain, the company has maintained its financial forecast for the fiscal year ending October 31, 2025, due to ongoing uncertainties in the foreign exchange market.
More about Kobe Bussan Co., Ltd.
YTD Price Performance: 4.85%
Average Trading Volume: 90
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.87B
See more data about 3038 stock on TipRanks’ Stock Analysis page.