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The latest update is out from Japan Retail Investment ( (JP:8953) ).
Japan Metropolitan Fund Investment Corporation has completed the disposition of its 50% co-ownership interest in the Konami Sports Club Kyobashi, generating a gain on sales of 2,042 million yen. The proceeds will be used to fund acquisitions and repay short-term borrowings, with the entire gain allocated for dividends to unitholders, reflecting JMF’s commitment to enhancing shareholder value.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
More about Japan Retail Investment
Japan Metropolitan Fund Investment Corporation (JMF) is a prominent player in the investment industry, focusing on real estate investment trusts (REITs) in Japan. The company is involved in acquiring, managing, and disposing of real estate assets, with a strategic emphasis on maximizing returns for its stakeholders.
Average Trading Volume: 17,300
Technical Sentiment Signal: Buy
Current Market Cap: Yen830.8B
Learn more about 8953 stock on TipRanks’ Stock Analysis page.