tiprankstipranks

Mitsubishi Heavy Industries Adjusts Subsidiary Liquidation Timeline

Story Highlights
  • Mitsubishi Heavy Industries is a diversified company in the heavy machinery industry.
  • The liquidation of MHI Holding Denmark ApS is delayed but won’t affect financial results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi Heavy Industries Adjusts Subsidiary Liquidation Timeline

Mitsubishi Heavy Industries ( (JP:7011) ) just unveiled an announcement.

Mitsubishi Heavy Industries has announced a change in the expected completion date for the liquidation of its subsidiary, MHI Holding Denmark ApS, due to the time required to complete necessary procedures under Danish law. This change is not expected to impact the company’s consolidated financial results.

More about Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. is a diversified company operating in the heavy machinery industry. It is involved in manufacturing a wide range of products including aerospace components, energy systems, and industrial machinery. The company is listed on multiple stock exchanges in Japan, including Tokyo, Nagoya, Fukuoka, and Sapporo.

YTD Price Performance: 21.53%

Average Trading Volume: 73,162

Technical Sentiment Signal: Sell

Current Market Cap: $59.52B

See more insights into 7011 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App