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Non-operating income and expenses year on year dropped 1.1 billion yen.
Financial revenue and expenditure decreased 2.9 billion yen year on year due to an increase in borrowings.
Foreign exchange fluctuations had a significant impact on non-operating income and expenses mainly in the following two areas: (1) gains and losses on revaluation of derivatives, and (2) foreign exchange gains and losses.
Net gain and loss on revaluation of derivatives increased 0.9 billion yen on a year on year basis to cancel out the loss of 0.9 billion yen posted for the same period of last fiscal year.
Net foreign exchange gains and losses showed an increase of 0.3 billion yen on a year-on-year basis due to the difference between the market and hedge rates (rounded off to 94/96) of 1.2 billion yen as well as a year-on-year decrease of 0.9 billion yen in the foreign exchange adjustments with overseas subsidiaries.
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