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Mitsubishi Paper Mills Receives Dividend from Subsidiary

Story Highlights
  • Mitsubishi Paper Mills received a 1,921 million yen dividend from its subsidiary.
  • The dividend is recognized as non-operating income with no impact on consolidated results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi Paper Mills Receives Dividend from Subsidiary

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Mitsubishi Paper Mills ( (JP:3864) ) has shared an update.

Mitsubishi Paper Mills Limited announced the receipt of a 1,921 million yen dividend from its subsidiary, Mitsubishi Oji Paper Sales Co., Ltd., for the fiscal year ending March 31, 2025. This dividend, along with others totaling 3,597 million yen, is recognized as non-operating income in the company’s non-consolidated financial statements, with no impact on consolidated results.

More about Mitsubishi Paper Mills

Mitsubishi Paper Mills Limited operates in the paper industry, focusing on the production and sale of various paper products. The company is involved in the manufacturing of paper and related products, catering to a wide range of market needs.

Average Trading Volume: 364,314

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen33.96B

For a thorough assessment of 3864 stock, go to TipRanks’ Stock Analysis page.

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