Wedge Holdings CO.,LTD. [2388.T]
TOKYO, May 15 (Pulse News Wire) – Wedge Holdings CO.,LTD. (2388.T) reported an increase in foreign exchange gains and equity investment losses for its fiscal year ending September 2026's second quarter, covering the period from October 1, 2025 to March 31, 2026.
In the first half of the fiscal year, the company recorded a foreign exchange gain of ¥33 million. However, due to further depreciation of the yen against foreign currencies, the company expects to record a higher foreign exchange gain of ¥67 million for the second quarter.
Additionally, the company incurred an equity investment loss of ¥156 million in the first quarter, which increased to ¥317 million in the second quarter due to the performance of Group Lease PCL., a subsidiary involved in digital finance operations. These changes reflect the ongoing impact of currency fluctuations and the performance of the company’s investments.
The updated figures will be reflected in the company’s interim earnings release dated May 15, 2026.
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