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Nissin Foods to Record 50.3 Billion Yen in Dividends from Subsidiaries

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Nissin Foods to Record 50.3 Billion Yen in Dividends from Subsidiaries

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Nissin Foods Holdings Co ( (JP:2897) ) just unveiled an update.

Nissin Foods Holdings Co., Ltd. announced it will receive dividends totaling 50.3 billion yen from its six consolidated subsidiaries, which will be recorded as revenue in its non-consolidated financial statements for the fiscal year ending March 2026. This transaction will not affect the company’s consolidated financial results as these dividends are considered intercompany transactions and are eliminated in the consolidated accounts.

The most recent analyst rating on (JP:2897) stock is a Hold with a Yen3044.00 price target. To see the full list of analyst forecasts on Nissin Foods Holdings Co stock, see the JP:2897 Stock Forecast page.

More about Nissin Foods Holdings Co

Nissin Foods Holdings Co., Ltd. operates in the food industry, primarily focusing on the production and distribution of instant noodles and other food products. The company is known for its innovative approach to food manufacturing and holds a significant market presence globally.

Average Trading Volume: 2,364,605

Technical Sentiment Signal: Sell

Current Market Cap: Yen822.4B

For detailed information about 2897 stock, go to TipRanks’ Stock Analysis page.

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