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UBE Corporation Receives Dividend from Affiliate

Story Highlights
  • UBE Corporation received a 10,621 million yen dividend from Mitsubishi UBE Cement.
  • The dividend will not affect UBE’s consolidated financial results for fiscal year 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UBE Corporation Receives Dividend from Affiliate

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UBE Industries ( (JP:4208) ) has issued an update.

UBE Corporation announced the receipt of a 10,621 million yen dividend from its equity-method affiliate, Mitsubishi UBE Cement Corporation, for the non-consolidated fiscal year ended March 31, 2025. This dividend is recorded as non-operating income in UBE’s non-consolidated financial statements, but it will not impact the company’s consolidated financial results for the same fiscal year.

The most recent analyst rating on (JP:4208) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on UBE Industries stock, see the JP:4208 Stock Forecast page.

More about UBE Industries

UBE Corporation operates in the industrial sector, focusing on the production of chemicals, construction materials, and machinery. The company is listed on the Prime Section of the Tokyo Stock Exchange and has a market focus on providing innovative solutions across various industries.

Average Trading Volume: 602,405

Technical Sentiment Signal: Hold

Current Market Cap: Yen213.8B

See more data about 4208 stock on TipRanks’ Stock Analysis page.

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