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JohnMeyers said:
ICStats said:

The exchange rate related "profit" needs to be treated carefully.

Net assets March 31th: ¥1,118,438 Million == USD $10,876 Million
Net assets Sep 30th: ¥1,130,054 Million == USD $10,305 Million

It's a ¥11,616 Million gain in Yen, but a $571 Million loss in US Dollars.


Yeah but... that doesn't really matter, since it's a Japan based company.


Of course it matters. as soon as the exchange rate goes the other way, things will start looking gloomier.