Mabuchi Motor Co (JP:6592) has released an update.
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Mabuchi Motor Co., Ltd. has reported a significant non-operating income, with foreign exchange gains of 7,600 million yen for the first half of the fiscal year ending June 30, 2024. These gains are primarily due to the revaluation of the company’s foreign currency assets and liabilities and may vary with future exchange rate fluctuations. For details on the impact of these gains on the company’s financial performance, refer to the recently released consolidated financial results.
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