Takasho Co., Ltd. Benefits from Forex Gains
Company Announcements

Takasho Co., Ltd. Benefits from Forex Gains

Takasho Co., Ltd. (JP:7590) has released an update.

Takasho Co., Ltd. has reported a significant non-operating income of 241,409 thousand yen from foreign exchange gains in the second quarter of the fiscal year due to recent currency rate fluctuations. The gains primarily stemmed from foreign currency denominated accounts-receivable and loans. Further details on the impact of this income on the company’s performance can be found in the concurrently released ‘Consolidated Financial Results’.

For further insights into JP:7590 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App