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JINUSHI Co., Ltd. Announces Asset Transfer and Extraordinary Gain

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JINUSHI Co., Ltd. Announces Asset Transfer and Extraordinary Gain

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The latest update is out from JINUSHI Co.,Ltd. ( (JP:3252) ).

JINUSHI Co., Ltd. has resolved to transfer certain fixed assets, expecting to recognize an extraordinary gain of approximately ¥1,586 million. This strategic move aligns with their growth strategies and aims to exceed their net profit forecast, potentially achieving a record-high net profit. The transaction involves a bridge scheme with JINUSHI Private REIT Inc., indicating a focus on leveraging their unique position in the leased land sector.

More about JINUSHI Co.,Ltd.

JINUSHI Co., Ltd. operates in the real estate industry, focusing on tenant business sector diversification, expanding into new areas, and sale and leaseback of land. The company aims to adapt to social changes and investor demands, positioning itself for growth in the real estate market.

Average Trading Volume: 145,070

Technical Sentiment Signal: Buy

Current Market Cap: Yen65.57B

For a thorough assessment of 3252 stock, go to TipRanks’ Stock Analysis page.

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