Mitsubishi (JP:8058) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Mitsubishi Corporation has announced a capital reduction for its UK-based subsidiary, Diamond Transmission Corporation Limited, reducing its capital to below 10% of Mitsubishi’s total. As a result, the subsidiary will no longer be classified as a ‘specified subsidiary’ of Mitsubishi. This change is not expected to significantly impact Mitsubishi’s overall business performance.
For further insights into JP:8058 stock, check out TipRanks’ Stock Analysis page.
