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Kawasaki Kisen Kaisha to Record Dividend Income from Affiliate

Story Highlights
  • Kawasaki Kisen Kaisha will receive a 34 million USD dividend from Ocean Network Express.
  • The dividend will affect non-consolidated results, with no impact on consolidated financials.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kawasaki Kisen Kaisha to Record Dividend Income from Affiliate

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An announcement from Kawasaki Kisen Kaisha ( (JP:9107) ) is now available.

Kawasaki Kisen Kaisha, Ltd. announced it will receive a dividend of approximately 34 million USD from its equity-method affiliate, Ocean Network Express Pte. Ltd., in the third quarter of the current fiscal year. This dividend income will be recorded as non-operating income in the company’s non-consolidated financial results for the fiscal year ending March 31, 2026, with no impact on the consolidated financial results.

The most recent analyst rating on (JP:9107) stock is a Buy with a Yen2312.00 price target. To see the full list of analyst forecasts on Kawasaki Kisen Kaisha stock, see the JP:9107 Stock Forecast page.

More about Kawasaki Kisen Kaisha

Kawasaki Kisen Kaisha, Ltd., commonly known as ‘K’ LINE, operates in the shipping and logistics industry. The company provides a range of services including containerships, bulk carriers, and specialized carriers, focusing on global maritime transportation.

Average Trading Volume: 4,885,611

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1374.7B

Find detailed analytics on 9107 stock on TipRanks’ Stock Analysis page.

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