FilingReader Intelligence

NYK announces dividend receipt and NCA share exchange delay

April 25, 2025 at 12:07 PM UTCBy FilingReader AI

Nippon Yusen Kabushiki Kaisha (TSE:9101) announced today that its equity method affiliate, OCEAN NETWORK EXPRESS PTE. LTD. (ONE), has resolved to distribute dividends, with NYK expecting to receive approximately USD760 million (approximately JPY113.6 billion) on June 16, 2025. The dividend will be recorded as non-operating revenue in NYK's individual financial results for the first quarter of the fiscal year ending March 31, 2026.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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