Takashimaya Company (JP:8233) has released an update.
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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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