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The latest announcement is out from Mitsubishi Logistics ( (JP:9301) ).
Mitsubishi Logistics Corporation has announced its decision to sell a portion of its investment securities as part of a strategic plan to reduce cross-held shares to less than 20% of its net assets by the end of FY2025. This move is expected to yield an estimated gain of approximately 14.6 billion yen and will be reported as extraordinary income in the fiscal year ending March 31, 2026, potentially impacting the company’s financial results and capital efficiency.
The most recent analyst rating on (JP:9301) stock is a Buy with a Yen1200.00 price target. To see the full list of analyst forecasts on Mitsubishi Logistics stock, see the JP:9301 Stock Forecast page.
More about Mitsubishi Logistics
Mitsubishi Logistics Corporation operates in the logistics industry, providing services related to warehousing, transportation, and distribution. The company focuses on enhancing capital efficiency and optimizing its asset portfolio.
Average Trading Volume: 1,375,572
Technical Sentiment Signal: Buy
Current Market Cap: Yen470.5B
Learn more about 9301 stock on TipRanks’ Stock Analysis page.