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Nihon Kohden Corporation ( (JP:6849) ) has provided an announcement.
Nihon Kohden Corporation reported recording non-operating income from foreign exchange gains in the third quarter of the fiscal year ending March 31, 2025. The gains amounted to ¥5,380 million, offsetting previous foreign exchange losses of ¥3,327 million in the first half of FY2024, resulting in net gains of ¥2,052 million for the nine-month period. This financial development is attributed to the revaluation of foreign currency-denominated assets due to exchange rate fluctuations, potentially impacting the company’s business performance and financial position positively.
More about Nihon Kohden Corporation
Nihon Kohden Corporation is a company listed on the Prime Market of the Tokyo Stock Exchange, headquartered in Tokyo. It is known for producing medical electronic equipment, focusing on innovative diagnostic and monitoring solutions for healthcare professionals.
YTD Price Performance: 0.65%
Average Trading Volume: 455,706
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen366.2B
Learn more about 6849 stock on TipRanks’ Stock Analysis page.