TOKYO, May 14 (Pulse News Wire) – Unitika Ltd. (3103.T) reported foreign exchange gains of ¥400 million due to fluctuations in foreign exchange rates during the fourth quarter of its fiscal year ending March 2026.
Additionally, the company recorded special income of ¥12.00 billion from debt forgiveness and recognized special losses of ¥2.400 billion related to structural reforms, including exit costs from non-profitable operations. In the previous quarter, the company had reported foreign exchange gains of ¥900 million, resulting in total foreign exchange gains of ¥1.400 billion for the fiscal year.
The gains were primarily attributed to the revaluation of the company's foreign-currency-denominated assets and liabilities at the end of March 2026. Furthermore, the company previously disclosed a special gain of ¥12.00 billion from debt forgiveness in a separate announcement dated March 19, 2026.
In the third quarter of the fiscal year, the company had incurred restructuring expenses of ¥12.30 billion, leading to total restructuring expenses of ¥14.80 billion for the entire fiscal year.
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