Kudan, Inc. (JP:4425) has released an update.
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Kudan Inc. has reported a non-operating income gain of 209 million yen from foreign exchange fluctuations and an extraordinary loss of 20 million yen from impairment losses related to R&D asset write-downs for the first quarter of the fiscal year ending March 31, 2025. These financial activities have been factored into the consolidated financial results for the quarter ending June 30, 2024.
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