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First Brothers Co., Ltd. Announces Significant Real Estate Sale

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First Brothers Co., Ltd. Announces Significant Real Estate Sale

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First Brothers Co., Ltd. ( (JP:3454) ) has issued an update.

First Brothers Co., Ltd. announced the sale of two real estate properties in Hakone-machi, Kanagawa Prefecture, through its subsidiary, First Brothers Capital Co., Ltd. The sale is significant, with the transaction’s value exceeding 10% of the company’s consolidated net sales for the previous fiscal year. The gain from the sale is expected to surpass 30% of the consolidated ordinary profit and profit attributable to owners of the parent for the same period, indicating a substantial impact on the company’s financial performance.

The most recent analyst rating on (JP:3454) stock is a Hold with a Yen1055.00 price target. To see the full list of analyst forecasts on First Brothers Co., Ltd. stock, see the JP:3454 Stock Forecast page.

More about First Brothers Co., Ltd.

First Brothers Co., Ltd. operates in the investment industry, focusing on real estate and related investment operations through its subsidiary, First Brothers Capital Co., Ltd. The company is listed on the TSE Standard Market and engages in various investment activities.

Average Trading Volume: 8,511

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen15.48B

Learn more about 3454 stock on TipRanks’ Stock Analysis page.

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