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First Brothers Subsidiary to Book Major Gain on Confidential Nagoya Property Sale

Story Highlights
  • First Brothers’ hotel subsidiary will sell a leased Nagoya property with completion expected in February 2026.
  • The undisclosed transaction will generate a gain exceeding 30% of prior-year profit, materially lifting future earnings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Brothers Subsidiary to Book Major Gain on Confidential Nagoya Property Sale

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

First Brothers Co., Ltd. has approved the sale of a leased real estate asset in Nagoya, Aichi Prefecture, by its consolidated subsidiary Nagano Hotel Saihokukan Co., Ltd., with closing scheduled for late February 2026. Although the buyer and price are undisclosed due to contractual confidentiality, the company states that the sale price is equivalent to at least 10% of consolidated net sales for the fiscal year ended November 2025 and that the resulting gain will exceed 30% of consolidated ordinary profit and profit attributable to owners of parent, indicating a materially positive impact that will be reflected in the earnings forecast for the fiscal year ending November 30, 2026.

The most recent analyst rating on (JP:3454) stock is a Hold with a Yen1337.00 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., listed on the TSE Standard Market (code 3454), operates through consolidated subsidiaries including Nagano Hotel Saihokukan Co., Ltd., which runs hotels and other accommodation facilities in Japan. The group is involved in real estate-related operations, including ownership and leasing of properties, alongside its hospitality activities.

Average Trading Volume: 34,260

Technical Sentiment Signal: Buy

Current Market Cap: Yen17.01B

For an in-depth examination of 3454 stock, go to TipRanks’ Overview page.

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