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Hankyu Hanshin Holdings ( (JP:9042) ) has shared an update.
Hankyu Hanshin Holdings is deepening its push into Indonesia’s commercial real estate market by increasing capital in PT DPM ASSETS INDONESIA (DPMAI), turning it into a specified subsidiary that will own and operate the DeliPark Mall in Medan. The capital injection, to be provided mainly via PT. Hankyu Hanshin Properties Indonesia alongside local partner PT Sinar Menara Deli and MUFG Bank, raises DPMAI’s capital to roughly ¥22.8 billion and consolidates Hankyu Hanshin’s control with a 76.4% stake, reinforcing its long-term strategy to expand stock-type real estate assets overseas and build a stronger operational base in the ASEAN region. Management expects the new subsidiary and its parent HHPI to become consolidated subsidiaries from the start of FY2027, with only a minor impact on earnings but a meaningful step in strengthening its regional platform and portfolio scale in Indonesia’s retail property sector.
The most recent analyst rating on (JP:9042) stock is a Buy with a Yen4726.00 price target. To see the full list of analyst forecasts on Hankyu Hanshin Holdings stock, see the JP:9042 Stock Forecast page.
More about Hankyu Hanshin Holdings
Hankyu Hanshin Holdings, Inc. is a Japan-based diversified group with a significant real estate arm that is expanding overseas, particularly in the ASEAN region. Through PT. Hankyu Hanshin Properties Indonesia, the group invests in Indonesian real estate, focusing on large urban commercial properties and mixed-use facilities, and leverages experience from its domestic line-side developments to build a stock-based rental portfolio and related real estate businesses in high-growth markets such as Indonesia, the U.S., and Australia.
YTD Price Performance: -2.67%
Average Trading Volume: 877,733
Technical Sentiment Signal: Sell
Current Market Cap: Yen936.7B
See more insights into 9042 stock on TipRanks’ Stock Analysis page.