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BRIEF-Terumo is set to substantially reduce foreign exchange losses this fiscal year - Nikkei
October 6, 2016 / 5:16 PM / 10 months ago

BRIEF-Terumo is set to substantially reduce foreign exchange losses this fiscal year - Nikkei

Oct 6 (Reuters) - Nikkei:

* Terumo Corp is set to substantially reduce foreign exchange losses this fiscal year - Nikkei

* Foreign exchange losses for Terumo expected to shrink 13% on the year to about 6.5 bln yen ($62.5 mln) - Nikkei

* Terumo is also working to insulate the group as a whole from exchange losses - Nikkei

* Terumo will also invest in subsidiaries instead of providing loans to meet their funding needs - Nikkei Source text for Eikon: Further company coverage:

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