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An announcement from OXIDE Corp. ( (JP:6521) ) is now available.
OXIDE Corporation reported a non-operating expense of JPY 149 million due to foreign exchange losses in the first quarter of the fiscal year ending February 2026. This loss resulted from the revaluation of intra-group loans to an overseas subsidiary. Despite this setback, the company has not revised its annual forecast, attributing the decision to the fluctuating nature of exchange rates, and will update stakeholders if necessary.
More about OXIDE Corp.
OXIDE Corporation operates in the technology sector, focusing on the development and production of advanced materials and components. The company is listed on the Tokyo Stock Exchange Growth market and is known for its innovative solutions in the industry.
Average Trading Volume: 273,442
Technical Sentiment Signal: Buy
Current Market Cap: Yen26.39B
Find detailed analytics on 6521 stock on TipRanks’ Stock Analysis page.