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Mitsubishi Paper Mills ( (JP:3864) ) just unveiled an update.
Mitsubishi Paper Mills Limited has announced a business restructuring at its German subsidiary, Mitsubishi Hi-tec Paper Europe GmbH, which includes a voluntary retirement program affecting approximately 140 employees. The restructuring has resulted in the recording of an extraordinary loss of approximately 1.6 billion yen due to severance payments and reemployment support expenses, impacting the company’s financial results for the second quarter of FY2026/3.
More about Mitsubishi Paper Mills
Mitsubishi Paper Mills Limited operates in the paper industry, focusing on producing and distributing various paper products. The company is known for its functional materials division and has a significant market presence in both domestic and international markets.
Average Trading Volume: 302,011
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen28.32B
For an in-depth examination of 3864 stock, go to TipRanks’ Overview page.