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First Brothers Co., Ltd. Sells Major Real Estate Asset

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First Brothers Co., Ltd. Sells Major Real Estate Asset

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An announcement from First Brothers Co., Ltd. ( (JP:3454) ) is now available.

First Brothers Co., Ltd. has announced the sale of a real estate asset located in Miyakojima, Okinawa Prefecture, by its subsidiary, First Brothers Capital Co., Ltd., to Ichigo Hotel REIT Investment Corporation for ¥2,300 million. This transaction, which represents a significant portion of the company’s consolidated net sales, is expected to impact the company’s financial performance for the fiscal year ending November 30, 2025, and reflects the company’s strategic focus on optimizing its investment portfolio.

More about First Brothers Co., Ltd.

First Brothers Co., Ltd. operates in the investment sector, focusing on real estate and related financial services. Its subsidiary, First Brothers Capital Co., Ltd., engages in investment operations, highlighting its emphasis on strategic asset management.

Average Trading Volume: 9,116

Technical Sentiment Signal: Buy

Current Market Cap: Yen15B

For a thorough assessment of 3454 stock, go to TipRanks’ Stock Analysis page.

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