Hoshizaki to receive €50m dividend from European subsidiary

Hoshizaki Corporation will receive a €50 million dividend from its consolidated subsidiary Hoshizaki Europe Holdings B.V., the company announced July 9.

The dividend will be recorded as non-operating income in Hoshizaki's non-consolidated financial results for fiscal year 2025. Since the payment comes from a consolidated subsidiary, it will not impact consolidated financial results for the same period.