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First Brothers Co., Ltd. ( (JP:3454) ) has provided an update.
First Brothers Co., Ltd. announced the acquisition of Sugawara Cold Storage Co., Ltd. through its subsidiary Higashinihon Fudosan, converting it into a second-tier subsidiary. This strategic move aims to address succession challenges at Sugawara Cold Storage, enhance logistics infrastructure, and expand business opportunities, marking a significant ESG investment for First Brothers.
More about First Brothers Co., Ltd.
First Brothers Co., Ltd. operates in the real estate industry, focusing on sustainable growth and community contributions. Its subsidiary, Higashinihon Fudosan, engages in real estate activities in the Tohoku region, addressing regional challenges and investing in high-potential assets.
Average Trading Volume: 7,685
Technical Sentiment Signal: Buy
Current Market Cap: Yen15B
For a thorough assessment of 3454 stock, go to TipRanks’ Stock Analysis page.