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JDC CORPORATION ( (JP:1887) ) has provided an announcement.
JDC CORPORATION has announced an investment in a silent partnership operated by Yuri Fushimi LLC to acquire trust beneficiary interests in real estate located in Aichi Prefecture. This investment, which exceeds 10% of JDC’s stated capital, classifies the partnership as a specified subsidiary. The real estate, an office building in Nagoya City, is expected to increase in value through future development. The impact on the company’s current fiscal earnings is expected to be minimal.
More about JDC CORPORATION
JDC CORPORATION is a company listed on the Tokyo Stock Exchange, primarily involved in real estate development and management. The company focuses on acquiring, owning, and managing real estate and trust beneficiary rights, with a market focus on enhancing the value of properties through strategic development.
YTD Price Performance: -9.09%
Technical Sentiment Signal: Buy
Current Market Cap: €226.2M
Find detailed analytics on 1887 stock on TipRanks’ Stock Analysis page.