Colowide Reports Foreign Exchange Loss Amid Currency Fluctuations

Colowide Co., Ltd. (JP:7616) has released an update.

Colowide Co., Ltd. reported a foreign exchange loss of 1,354 million yen for the second quarter of the fiscal year ending March 2025 due to currency fluctuations affecting loans to overseas subsidiaries. This resulted in a net foreign exchange loss of 561 million yen for the interim period after offsetting earlier gains.

For further insights into JP:7616 stock, check out TipRanks’ Stock Analysis page.

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