Yanay Geva’s Post

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Israel-Japan Business Development

🚜📉 Mitsubishi Heavy Industries is preparing to sell its Tokyo-listed forklift subsidiary, Mitsubishi Logisnext, as part of its broader strategy to enhance capital efficiency. Currently holding 64.6% voting rights in Logisnext, MHI faces mounting investor pressure to spin off or delist the unit, which trades on the Tokyo Stock Exchange's Standard market. 📊 📉 Financial Challenges: Net profit forecast: 18 billion yen (a drop of 11 billion yen from prior projections). Sales forecast: 670 billion yen (revised down by 10 billion yen). 🏆 In contrast, industry leader Toyota Industries Corporation continues to outpace competitors: Operating profit (April–September): 95.9 billion yen (+18%). Sales: 1.38 trillion yen (+14%). #Japan https://lnkd.in/dhypq3V6

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