Recognition of Non-Operating Income (Foreign Exchange Gain)
Our group (reporting company: Modalis Therapeutics Corporation)
This arose mainly on foreign-currency-denominated assets and liabilities held by our group as a result of fluctuations in foreign exchange rates.
Foreign exchange gain of ¥14 million (non-operating income)
The first quarter of the fiscal year ending December 2026, consolidated accounting period (1 January 2026 to 31 March 2026)
No information is provided regarding the impact on the earnings forecast. Reflected in the Summary of First-Quarter Financial Results for the fiscal year ending December 2026.
This amount may fluctuate depending on future foreign exchange market conditions.
| Item | Details |
|---|---|
| Event name | Recognition of Non-Operating Income (Foreign Exchange Gain) |
| Date of occurrence | 1 January 2026 to 31 March 2026 (the first quarter of the fiscal year ending December 2026, consolidated accounting period) |
| Subject Entity | Our group (reporting company: Modalis Therapeutics Corporation) |
| Cause | This arose mainly on foreign-currency-denominated assets and liabilities held by our group as a result of fluctuations in foreign exchange rates. |
| Amount of Impact on Business Performance | Foreign exchange gain of ¥14 million (non-operating income) |
| Accounting period in which recognized | The first quarter of the fiscal year ending December 2026, consolidated accounting period (1 January 2026 to 31 March 2026) |
| Impact on Earnings Forecast | No information is provided regarding the impact on the earnings forecast. Reflected in the Summary of First-Quarter Financial Results for the fiscal year ending December 2026. |
| Outlook | This amount may fluctuate depending on future foreign exchange market conditions. |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Foreign exchange gains arose mainly on foreign-currency-denominated assets and liabilities held by our group as a result of fluctuations in foreign exchange rates.