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NYK to Receive USD 42 Million Dividend from Affiliate

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NYK to Receive USD 42 Million Dividend from Affiliate

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Nippon Yusen Kabushiki Kaisha ( (JP:9101) ) has provided an update.

NYK announced that it will receive approximately USD 42 million in dividends from its equity method affiliate, Ocean Network Express PTE. LTD. This dividend will be recorded as non-operating revenue in the third quarter of the fiscal year ending March 31, 2026, without impacting the consolidated results for the period.

The most recent analyst rating on (JP:9101) stock is a Buy with a Yen5801.00 price target. To see the full list of analyst forecasts on Nippon Yusen Kabushiki Kaisha stock, see the JP:9101 Stock Forecast page.

More about Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha (NYK) is a prominent player in the shipping and logistics industry, offering a range of maritime transportation services. The company focuses on providing efficient and reliable shipping solutions, catering to various market needs across the globe.

Average Trading Volume: 3,172,118

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2281.2B

For a thorough assessment of 9101 stock, go to TipRanks’ Stock Analysis page.

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