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Kasumigaseki Capital Co., Ltd. ( (JP:3498) ) has shared an announcement.
Kasumigaseki Capital Co., Ltd. has announced the sale of a hotel development site in Chuo-ku, Tokyo, known as the Ginza 8 Hotel Project. The company will continue to be involved in the project through management operations, and the sale price exceeds 10% of the company’s previous fiscal year’s net sales. This sale is expected to impact the company’s earnings forecast for the fiscal year ending August 2025.
The most recent analyst rating on (JP:3498) stock is a Hold with a Yen19101.00 price target. To see the full list of analyst forecasts on Kasumigaseki Capital Co., Ltd. stock, see the JP:3498 Stock Forecast page.
More about Kasumigaseki Capital Co., Ltd.
Kasumigaseki Capital Co., Ltd. operates in the real estate industry, focusing on hotel development and asset management services. The company is involved in sourcing, planning, and managing real estate projects, with a market focus on hotel developments in Japan.
Average Trading Volume: 662,599
Technical Sentiment Signal: Buy
Current Market Cap: Yen182.2B
For an in-depth examination of 3498 stock, go to TipRanks’ Overview page.