SMK Corporation Reports Foreign Exchange Losses in Q1
SMK Corporation has reported non-operating expenses of 514 million yen due to foreign exchange losses in Q1 of the fiscal year ending March 31, 2026. These losses stem from the valuation of debts and credits in foreign currencies, influenced by fluctuations in exchange rates. The impact on the company's business results is detailed in their quarterly financial results. SMK operates in the electronics industry and is listed on the Tokyo Stock Exchange Prime Market.
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SMK ( (JP:6798) ) has provided an announcement.
SMK Corporation has announced a recording of non-operating expenses amounting to 514 million yen due to foreign exchange losses in the first quarter of the fiscal year ending March 31, 2026. These losses are attributed to the valuation of debts and credits in foreign currencies, which were affected by fluctuations in foreign exchange rates. The impact of these losses on the company’s business results is detailed in their financial results for the quarter.
More about SMK
SMK Corporation operates in the electronics industry, focusing on the production and development of electronic components and devices. The company is listed on the Tokyo Stock Exchange Prime Market and is led by President and CEO Yasumitsu Ikeda.
Average Trading Volume: 11,268
Current Market Cap: Yen13.94B
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