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F.C.C. Co., Ltd. Receives $42.8 Million in Dividends from Subsidiary

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F.C.C. Co., Ltd. Receives $42.8 Million in Dividends from Subsidiary

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An update from F.C.C.Co., Ltd. ( (JP:7296) ) is now available.

F.C.C. Co., Ltd. announced its receipt of $42.8 million (approximately 6.4 billion JPY) in dividends from its consolidated subsidiary FCC (North America), Inc., which will be recorded as non-operating income in its non-consolidated financial statements for the fiscal year ending March 2025. This transaction will not affect the company’s consolidated earnings for the fiscal year, as the dividends are from a consolidated subsidiary.

More about F.C.C.Co., Ltd.

YTD Price Performance: 2.35%

Average Trading Volume: 170,000

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen160.6B

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