tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Dear Life Confirms Full Subscription of Third-Party Allotment to Fund Real Estate Expansion

Story Highlights
  • Dear Life has fully placed a 730,000-share third-party allotment, raising about ¥731 million.
  • Combined with recent equity financings, ¥6.75 billion will fund real estate acquisitions and development by 2027.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dear Life Confirms Full Subscription of Third-Party Allotment to Fund Real Estate Expansion

Claim 70% Off TipRanks This Holiday Season

Dear Life Co., Ltd. ( (JP:3245) ) just unveiled an announcement.

Dear Life Co., Ltd. has confirmed that the allottee has subscribed in full to a third-party allotment of 730,000 new shares, raising approximately ¥731 million and increasing both capital and capital reserve by about ¥365.7 million each, with issuance scheduled for December 26, 2025. Following this transaction, the company’s outstanding shares will rise from 50,896,800 to 51,626,800, and together with funds from its recent public offering and concurrent third-party allotment, the total net proceeds of about ¥6.75 billion are earmarked for acquisition of development land, income-generating real estate and construction costs by the end of September 2027, underpinning Dear Life’s strategy to expand and enhance profitability in its core real estate operations.

The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.

More about Dear Life Co., Ltd.

Dear Life Co., Ltd. is a Japan-based real estate company listed on the Tokyo Stock Exchange Prime Market (securities code 3245), focusing on development land, income-generating properties and related construction projects to drive profit growth in its real estate business.

Average Trading Volume: 463,852

Technical Sentiment Signal: Buy

Current Market Cap: Yen51.7B

For detailed information about 3245 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1