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An update from Daito Construction ( (JP:1878) ) is now available.
Daito Trust Construction Co., Ltd has announced the execution of a syndicated loan agreement with financial covenants to refinance a previous loan and support its real estate development expansion. The total facility amounting to JPY 140 billion is arranged by Sumitomo Mitsui Banking Corporation and co-arranged by MUFG Bank, Ltd. and Mizuho Bank, Ltd., highlighting the company’s strategic financial planning to bolster its market position.
The most recent analyst rating on (JP:1878) stock is a Buy with a Yen17798.00 price target. To see the full list of analyst forecasts on Daito Construction stock, see the JP:1878 Stock Forecast page.
More about Daito Construction
Daito Trust Construction Co., Ltd is a prominent player in the construction industry, primarily focusing on real estate development. The company is listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange, indicating its significant presence in the Japanese market.
Average Trading Volume: 220,101
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1112.4B
For detailed information about 1878 stock, go to TipRanks’ Stock Analysis page.