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CHUBU SHIRYO CO., LTD. ( (JP:2053) ) has provided an update.
CHUBU SHIRYO CO., LTD. has resolved to sell a logistics warehouse property it owns in Daikokucho, Tsurumi-ku, Yokohama, comprising 11,672 square meters of land and 21,228.97 square meters of building floor area, as part of efforts to better utilize management resources and enhance asset efficiency. The transaction, to be executed with an undisclosed domestic corporate buyer with no capital or personal ties to the company, is expected to generate an estimated gain of about ¥3.1 billion, which will be booked as extraordinary income in the consolidated financial results for the three months ending June 30, 2026, while having no impact on earnings for the fiscal year ending March 31, 2026, signaling a balance-sheet-focused move rather than a shift in core business strategy.
The most recent analyst rating on (JP:2053) stock is a Buy with a Yen1854.00 price target. To see the full list of analyst forecasts on CHUBU SHIRYO CO., LTD. stock, see the JP:2053 Stock Forecast page.
More about CHUBU SHIRYO CO., LTD.
CHUBU SHIRYO CO., LTD., listed on the TSE Prime and NSE Premier markets under code 2053, operates in Japan’s agribusiness and feed-related sector, supplying livestock and related industries with feed and associated products while managing logistics and real estate assets that support its core operations.
Average Trading Volume: 54,913
Technical Sentiment Signal: Buy
Current Market Cap: Yen52.44B
For a thorough assessment of 2053 stock, go to TipRanks’ Stock Analysis page.