Company: OSRH
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045947
Chunk: 18

Company: OSR Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 or manner in which, the patent technology is used or is expected to be used. These changes include the patent technology
becoming idle, plans to discontinue or restructure the operation to which the patent technology belongs, and plans to dispose of the
patent technology before the previously expected date.

●evidence
is available from internal reporting that indicates that the economic performance of the patent technology is, or will be, worse than
expected.

(4)Financial
risk management

The
Group is exposed to various financial risks such as market risk (exchange risk, interest rate risk), credit risk and liquidity risk due
to various activities. The Group’s overall risk management policy focuses on volatility in the financial markets and focuses on minimizing
any negative impact on financial performance. Risk management is conducted under the supervision of the finance department according
to the policy approved by the Board of Directors. The finance department identifies, evaluates and manages financial risks in close cooperation
with the sales departments. The Board of Directors provides written policies on overall risk management principles and specific areas
such as foreign exchange risk, interest rate risk, credit risk, use of derivative and non-derivative financial instruments, and investments
in excess of liquidity.

12

Market
risk management

Market
risk is the risk of possible losses which arise from the changes of market factors, such as interest rate, stock price, foreign exchange
rate, commodity value and other market factors related to the fair value or future cash flows of the financial instruments, such as securities,
derivatives and others.

aCurrency
risk

The
following table sets forth the result of foreign currency translation into Korean won for financial assets and liabilities denominated
in foreign currency of the Group as of March 31, 2025 and December 31, 2024:

    March 31, 2025 

    USD  
    EUR  
    CHF 
  
    Assets in foreign currency 
    $1,272,464  
    $305,601  
    $591,247 
  
    Liabilities in foreign currency 
     11,334,006  
     (172,887) 
     (208,705)

    December 31, 2024 

    USD  
    EUR  
    CHF 
  
    Assets in foreign currency 
    $37,902  
    $278,766  
    $582,222 
  
    Liabilities in foreign currency 
     1,929,368