Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Daiichikosho Co., Ltd. ( (JP:7458) ) has provided an announcement.
Daiichikosho Co., Ltd. has decided to transfer non-current assets owned by its subsidiary, D.K. FINANCE, Ltd., to Mitsubishi Estate Co., Ltd. This move is part of a strategy to enhance asset efficiency in anticipation of relocating the company’s head office. The transaction is expected to result in a significant capital gain of 4,055 million yen, which will be recorded as extraordinary income in the fiscal year ending March 31, 2026. The company is currently reviewing its performance forecasts for the upcoming fiscal periods and will update stakeholders on any necessary revisions.
More about Daiichikosho Co., Ltd.
Daiichikosho Co., Ltd. operates within the real estate rental and management industry, offering services in non-life insurance and money lending through its subsidiary D.K. FINANCE, Ltd. The company is focused on optimizing its asset management resources.
Average Trading Volume: 333,338
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen174.5B
For a thorough assessment of 7458 stock, go to TipRanks’ Stock Analysis page.