Takashimaya Company (JP:8233) has released an update.
Takashimaya Company, Limited is set to receive significant dividends totaling 80 million Singapore dollars from its subsidiary, Takashimaya Singapore Ltd. This dividend will be recorded as non-operating income in the company’s non-consolidated accounting, although it won’t affect the consolidated earnings for the fiscal year ending February 2025. Such financial maneuvers highlight Takashimaya’s strategic asset management in enhancing its financial strength.
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