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Net non-operating income and expenses increased 3.1 billion yen on a year-on-year basis.
Financial revenue and expenditure rose 0.7 billion yen above the previous year’s balance.
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 gains and losses on valuation of derivatives were up 0.7 billion yen year on year from negative 0.2 billion yen to 0.6 billion yen.
Net foreign exchange gains decreased 1.1 billion yen year on year. This figure included a year-on-year drop of 1.5 billion yen due to the difference between market and hedge rates (market rate: 86 / hedge rate: 86) as well as a year-on-year increase of 0.4 billion yen due to the foreign exchange adjustments between FHI and overseas subsidiaries. |
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