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Sumitomo Rubber Reports Significant Foreign Exchange Loss

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Sumitomo Rubber Reports Significant Foreign Exchange Loss

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The latest update is out from Sumitomo Rubber Industries ( (JP:5110) ).

Sumitomo Rubber Industries reported a foreign exchange loss of ¥8,004 million for the first quarter of the fiscal year ending March 31, 2025, due to the yen’s unexpected appreciation. This financial impact is detailed in their consolidated financial results, indicating potential implications for their operational performance.

The most recent analyst rating on (JP:5110) stock is a Buy with a Yen2100.00 price target. To see the full list of analyst forecasts on Sumitomo Rubber Industries stock, see the JP:5110 Stock Forecast page.

More about Sumitomo Rubber Industries

Sumitomo Rubber Industries, Ltd. operates in the rubber industry, primarily focusing on the manufacturing and distribution of tires and other rubber-related products. The company is listed on the Tokyo Stock Exchange and serves a global market.

Average Trading Volume: 1,872,684

Technical Sentiment Signal: Buy

Current Market Cap: Yen508B

For a thorough assessment of 5110 stock, go to TipRanks’ Stock Analysis page.

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