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Daito Construction ( (JP:1878) ) just unveiled an announcement.
Daito Trust Construction Co., Ltd. announced a significant investment in KME PROP REAL ESTATE L.L.C, a newly established entity in Dubai, marking a strategic move to expand its real estate development business in the region. This investment, which has resulted in KME becoming a specified subsidiary, is expected to have minimal impact on the company’s consolidated results for the current fiscal year.
The most recent analyst rating on (JP:1878) stock is a Buy with a Yen3420.00 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. operates in the construction and real estate industry, focusing on developing real estate projects. It is listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange.
Average Trading Volume: 1,231,867
Technical Sentiment Signal: Hold
Current Market Cap: Yen1014.4B
Learn more about 1878 stock on TipRanks’ Stock Analysis page.