Kawasaki Kisen Kaisha (JP:9107) has released an update.
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Kawasaki Kisen Kaisha is set to receive a substantial dividend of approximately $430 million from its affiliate, Ocean Network Express, which will be recorded as non-operating income for the fiscal year ending March 2025. This influx will not impact the company’s consolidated financial results as it is derived from an equity-accounted affiliate.
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