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Mitsui E&S Holdings Co ( (JP:7003) ) has shared an update.
Mitsui E&S Holdings Co. announced an expected extraordinary gain of approximately 4.2 billion yen from the sale of its shares in Mitsui E&S Shipbuilding Co., Ltd. to Tsuneishi Shipbuilding Co., Ltd. This strategic move aims to ensure the continued growth of Mitsui E&S Shipbuilding and strengthen Tsuneishi’s business, although the impact on Mitsui E&S’s consolidated financial results will be minimal.
More about Mitsui E&S Holdings Co
Mitsui E&S Holdings Co. operates in the engineering and shipbuilding industry, focusing on advanced ship product development, design engineering, and system integration. The company is known for its innovative solutions in shipbuilding and related sectors.
YTD Price Performance: -4.96%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.29B
See more data about 7003 stock on TipRanks’ Stock Analysis page.