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T. Hasegawa to Receive Subsidiary Dividends for China Investment

Story Highlights
  • T. Hasegawa will receive dividends totaling 240 million RMB from its subsidiaries.
  • The dividend income will fund a new subsidiary in China with no impact on consolidated results.
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T. Hasegawa to Receive Subsidiary Dividends for China Investment

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T Hasegawa Co ( (JP:4958) ) just unveiled an announcement.

T. Hasegawa Co., Ltd. announced that it will receive dividends from its consolidated subsidiaries in Shanghai and Suzhou, amounting to approximately 240 million RMB. This dividend income is expected to be recorded as non-operating income in the fiscal year ending September 2025, and it will be used for investment in a new subsidiary in China. This announcement holds no impact on the consolidated financial results as the income was already accounted for in forecasts.

More about T Hasegawa Co

T. Hasegawa Co., Ltd. operates in the flavors and fragrances industry, focusing on creating and supplying flavor and fragrance solutions. The company is listed on the Prime Market of the Tokyo Stock Exchange and has a significant market presence in both domestic and international sectors.

YTD Price Performance: -6.78%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $751.6M

For an in-depth examination of 4958 stock, go to TipRanks’ Stock Analysis page.

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