tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Itoki Sells Former Kansai Logistics Center After Relocation to New Hub

Story Highlights
Itoki Sells Former Kansai Logistics Center After Relocation to New Hub

Claim 50% Off TipRanks Premium and Invest with Confidence

An update from Itoki Corporation ( (JP:7972) ) is now available.

Itoki Corporation has sold its former Kansai Logistics Center in Kadoma, Osaka, after relocating its Kansai logistics operations on September 1, 2025, to the newer GLP ALFALINK Ibaraki 3 facility as part of efforts to streamline logistics in the Kansai region. The property, comprising land and buildings now classified as non-business assets, has been transferred at a market-reflective price to an undisclosed, non-related buyer, and the company expects to record an extraordinary gain from the transaction in its fiscal year ending December 2025, although it estimates the impact on overall performance will be minor.

The most recent analyst rating on (JP:7972) stock is a Hold with a Yen2487.00 price target. To see the full list of analyst forecasts on Itoki Corporation stock, see the JP:7972 Stock Forecast page.

More about Itoki Corporation

Itoki Corporation is a Japan-based company listed on the Tokyo Stock Exchange Prime Market that operates in the office and logistics-related equipment sector, providing office furniture, storage, and logistics solutions to support efficient workplace and distribution environments across Japan, including key regional bases such as the Kansai area.

Average Trading Volume: 143,813

Technical Sentiment Signal: Buy

Current Market Cap: Yen132.9B

Find detailed analytics on 7972 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1