Sekisui House Reit (JP:3309) has released an update.
Sekisui House Reit has executed a forward exchange contract to hedge against USD-JPY currency fluctuations related to its revenue from overseas properties. The contract, involving a planned amount of 4,230 thousand USD, aims to stabilize revenue despite potential currency volatility. This strategic move is expected to have minimal impact on the company’s financial forecasts for the fiscal period ending April 2025.
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