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Mitsubishi Logistics ( (JP:9301) ) has shared an update.
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 fiscal year 2025. This move is expected to improve capital efficiency and result in an estimated gain of approximately 7.4 billion yen, which will be reported as extraordinary income in the fiscal year ending March 31, 2026.
The most recent analyst rating on (JP:9301) stock is a Buy with a Yen1294.00 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, focusing on providing comprehensive logistics services including warehousing, transportation, and supply chain management solutions. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its strategic investments and efficient capital management.
Average Trading Volume: 1,061,701
Technical Sentiment Signal: Buy
Current Market Cap: Yen413.2B
See more data about 9301 stock on TipRanks’ Stock Analysis page.