SMK Corporation Reports Foreign Exchange Losses in Q1

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2025.07.29 04:52
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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.