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ispace, inc. Reports Foreign Exchange Loss Impacting Q1 Financials

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ispace, inc. Reports Foreign Exchange Loss Impacting Q1 Financials

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ispace,inc. ( (JP:9348) ) just unveiled an announcement.

ispace, inc. reported a non-operating expense due to a foreign exchange loss of 304 million yen in the first quarter of the fiscal year ending March 31, 2026. This loss was primarily due to the revaluation of foreign currency-denominated loans to its subsidiaries, impacting the company’s consolidated financial results for the quarter.

More about ispace,inc.

ispace, inc. operates in the aerospace industry, focusing on lunar exploration and development. The company is known for its innovative space missions and aims to expand human presence in outer space.

Average Trading Volume: 8,159,690

Technical Sentiment Signal: Sell

Current Market Cap: Yen58.65B

Find detailed analytics on 9348 stock on TipRanks’ Stock Analysis page.

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