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Landix Inc. Revises Financial Forecasts and Launches New Business Initiatives

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Landix Inc. Revises Financial Forecasts and Launches New Business Initiatives

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Landix, Inc. ( (JP:2981) ) just unveiled an announcement.

Landix Inc. announced an upward revision of its financial results and dividend forecasts for FY2025, driven by strong sales of residential land and improved inventory profit margins. The company’s operating profit forecast increased significantly, and it plans to raise dividends per share to maintain stock price growth. Additionally, Landix Inc. launched ‘THE THIRD PLACE,’ a new business model for second homes targeting high-net-worth individuals and established a new construction company to boost its architecture matching business, enhancing customer choice and driving future profitability.

More about Landix, Inc.

Landix Inc. is a company headquartered in Meguro-ku, Tokyo, primarily engaged in the residential real estate industry. Its core business involves acquiring and selling residential land, particularly in the southern part of Tokyo. The company also focuses on developing new business models and offering services like a construction company matching system, which enhances flexibility and customization in homebuilding.

YTD Price Performance: 8.03%

Average Trading Volume: 3,259

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen7.63B

Learn more about 2981 stock on TipRanks’ Stock Analysis page.

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