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Kawasaki Kisen Kaisha ( (JP:9107) ) has provided an announcement.
Kawasaki Kisen Kaisha, Ltd. announced it will receive special dividends amounting to approximately 619 million U.S. Dollars from its affiliate company, OCEAN NETWORK EXPRESS PTE. LTD., which will be recorded as Non-Operating Income for the fiscal year ending March 31, 2026. This financial maneuver will not affect the consolidated financial results as the dividends are from an equity-accounted affiliate, indicating a stable financial outlook for the company.
More about Kawasaki Kisen Kaisha
Kawasaki Kisen Kaisha, Ltd., also known as ‘K’ LINE, operates in the shipping and logistics industry, providing maritime transportation services. The company focuses on containerships, bulk carriers, and specialized carriers, serving global markets with a commitment to sustainability and environmental management.
YTD Price Performance: 7.91%
Average Trading Volume: 6,202
Technical Sentiment Signal: Strong Sell
Current Market Cap: $8.35B
Find detailed analytics on 9107 stock on TipRanks’ Stock Analysis page.