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JINUSHI Co., Ltd. Receives Dividend from Subsidiary Amid Liquidation

Story Highlights
  • JINUSHI Co., Ltd. received a dividend from its subsidiary as part of liquidation.
  • The dividend will not affect consolidated results but impacts non-consolidated statements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JINUSHI Co., Ltd. Receives Dividend from Subsidiary Amid Liquidation

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JINUSHI Co.,Ltd. ( (JP:3252) ) has shared an update.

JINUSHI Co., Ltd. announced the receipt of a dividend of surplus from its wholly-owned subsidiary, New Real Property Co., Ltd., as part of the liquidation process of the subsidiary. The dividend, comprising loan receivables and cash, will not impact the company’s consolidated financial results, but will be recorded in the non-consolidated financial statements as dividend income and a gain on exchange from dividends in kind.

More about JINUSHI Co.,Ltd.

JINUSHI Co., Ltd. operates in the real estate industry, focusing on property management and investment. The company is known for its strategic acquisitions and management of real estate assets, with a market focus on maximizing shareholder value through efficient asset utilization.

Average Trading Volume: 148,593

Technical Sentiment Signal: Buy

Current Market Cap: Yen65.03B

For an in-depth examination of 3252 stock, go to TipRanks’ Overview page.

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