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Leopalace21 ( (JP:8848) ) just unveiled an update.
Leopalace21 will transfer the rights and obligations related to 22 fee-based nursing homes in its Elderly Care Business to its wholly owned subsidiary Azu Residence Co., Ltd. through a simplified absorption-type company split effective April 1, 2026, and will implement a capital increase at Azu Residence. This internal reorganization is designed to clarify management challenges in the Elderly Care Business and enable Azu Residence to improve profitability and operational efficiency, with the capital increase elevating Azu Residence to the status of a specified subsidiary while having no impact on Leopalace21’s own capital or requiring shareholder approval, and the company states it foresees no issues in meeting post-split obligations.
The most recent analyst rating on (JP:8848) stock is a Hold with a Yen704.00 price target. To see the full list of analyst forecasts on Leopalace21 stock, see the JP:8848 Stock Forecast page.
More about Leopalace21
Leopalace21 Corporation is a Tokyo-based real estate and services group primarily engaged in the Leasing Business, operating rental housing, alongside an Elderly Care Business and other related activities. The company is listed on the Tokyo Stock Exchange Prime Market and is seeking to strengthen the profitability and operational efficiency of its elderly care operations as part of its mid-term management plan, “New Growth 2028.”
Average Trading Volume: 1,356,644
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen217.6B
See more insights into 8848 stock on TipRanks’ Stock Analysis page.