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Ichigo ( (JP:2337) ) has provided an announcement.
Ichigo Inc. has announced the sale of seven residential assets for JPY 9.8 billion through its subsidiary, Ichigo Owners. This transaction is part of Ichigo’s strategy to secure stable earnings by selling fully-leased properties to a Japanese fund, while Ichigo Realty Management will manage these assets through a newly established private equity real estate fund. The sale is expected to positively impact Ichigo’s revenue for the fiscal year, aligning with its consolidated earnings forecast.
The most recent analyst rating on (JP:2337) stock is a Hold with a Yen419.00 price target. To see the full list of analyst forecasts on Ichigo stock, see the JP:2337 Stock Forecast page.
More about Ichigo
Ichigo Inc. operates in the real estate industry, focusing on providing high-quality real estate assets and asset management services. The company primarily deals with residential properties, particularly in central Tokyo, and aims to meet long-term investment needs through its subsidiaries Ichigo Owners and Ichigo Realty Management.
Average Trading Volume: 1,147,063
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen174.6B
See more data about 2337 stock on TipRanks’ Stock Analysis page.