Mitsui E&S (TYO:7003) expects to record an extraordinary gain of about 4.2 billion yen in its non-consolidated earnings for the year ending March 2026 from the sale of shares in affiliate Mitsui E&S Shipbuilding to Tsuneishi Shipbuilding, according to a Wednesday filing on the Tokyo Stock Exchange.
Mitsui E&S Shipbuilding, which focuses on ship design and system integration, will become a wholly owned unit of Tsuneishi following the deal.
Price (JPY): $1809.00, Change: $-11, Percent Change: -0.60%
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