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OXIDE Corp. ( (JP:6521) ) has provided an announcement.
OXIDE Corporation has reported non-operating income in the form of foreign exchange gains for the third quarter of its fiscal year ending February 28, 2026, driven primarily by the revaluation of intra-group loans to an overseas subsidiary. The company booked a foreign exchange gain of JPY 101 million in the third quarter alone and, combined with gains recorded in the second quarter, reported a cumulative foreign exchange gain of JPY 162 million for the current consolidated period; however, management has decided not to revise its existing full-year earnings forecast at this time, noting that such gains are sensitive to currency movements and indicating that any future revisions will be disclosed if conditions warrant.
The most recent analyst rating on (JP:6521) stock is a Hold with a Yen1785.00 price target. To see the full list of analyst forecasts on OXIDE Corp. stock, see the JP:6521 Stock Forecast page.
More about OXIDE Corp.
OXIDE Corporation is a Japan-listed company on the Tokyo Stock Exchange Growth market (code 6521). While the release does not detail its business lines, its listing on the Growth market positions it among emerging companies, and the firm operates with overseas subsidiaries, indicating some degree of international exposure and intra-group financing.
Average Trading Volume: 145,445
Technical Sentiment Signal: Sell
Current Market Cap: Yen20.03B
Learn more about 6521 stock on TipRanks’ Stock Analysis page.