RAKSUL INC. (JP:4384) has released an update.
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RAKSUL INC. remains resilient despite currency fluctuations, with minimal impact from yen appreciation due to limited foreign currency revenues and flexible procurement strategies. The company’s M&A strategy is proactive and well-funded, with a focus on synergy and profitability, and is not significantly affected by the changing rate environment. Performance trends are stable with expected organic growth in the Raksul business and seasonal variations in the Novasell business, in line with previous forecasts.
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