Recognition of Financial Income (Foreign Exchange Gain)
TEAC CORPORATION (the Company) and the Group
Receivables and payables balances denominated in the currencies held by the Group
Fluctuations in foreign exchange rates. This resulted from the Group adjusting the balance of receivables and payables denominated in each currency that it holds, in response to the highly volatile foreign exchange markets in recent years.
¥85 million (financial income and foreign exchange gain). In addition, an approximately ¥6 million foreign exchange loss was recognized in the fourth-quarter consolidated accounting period of the fiscal year ending March 2026.
Cumulative consolidated period for the fourth quarter of the fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
| Item | Details |
|---|---|
| Event name | Recognition of Financial Income (Foreign Exchange Gain) |
| Date of occurrence | 1 April 2025 to 31 March 2026 (cumulative consolidated period for the fourth quarter of the fiscal year ending March 2026) |
| Subject Entity | TEAC CORPORATION (the Company) and the Group |
| Target Locations / Products | Receivables and payables balances denominated in the currencies held by the Group |
| Cause | Fluctuations in foreign exchange rates. This resulted from the Group adjusting the balance of receivables and payables denominated in each currency that it holds, in response to the highly volatile foreign exchange markets in recent years. |
| Amount of Impact on Business Performance | ¥85 million (financial income and foreign exchange gain). In addition, an approximately ¥6 million foreign exchange loss was recognized in the fourth-quarter consolidated accounting period of the fiscal year ending March 2026. |
| Accounting period in which recognized | Cumulative consolidated period for the fourth quarter of the fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
Items this document does not state (18)
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.This resulted from the Group adjusting the balance of receivables and payables denominated in each currency that it holds, in response to the highly volatile foreign exchange markets in recent years.