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LIFULL Co ( (JP:2120) ) has shared an update.
LIFULL Co., Ltd. announced its relationship with Rakuten Group, which holds an 18.57% stake in the company, making it an equity-method affiliate. Despite this affiliation, LIFULL maintains operational independence, with no restrictions from Rakuten on its business decisions. The company continues to collaborate with Rakuten for real estate listings and has acquired beneficial interests from Rakuten to advance its accommodation business. LIFULL has also appointed a Rakuten executive as an outside director to gain management insights, ensuring that its business operations remain independent and unaffected by Rakuten’s influence.
The most recent analyst rating on (JP:2120) stock is a Hold with a Yen189.00 price target. To see the full list of analyst forecasts on LIFULL Co stock, see the JP:2120 Stock Forecast page.
More about LIFULL Co
LIFULL Co., Ltd. operates in the real estate industry, providing services such as real estate listings and property management. The company collaborates with Rakuten Group for advertising and property management services, and aims to enhance its accommodation business through strategic acquisitions.
Average Trading Volume: 826,495
Technical Sentiment Signal: Hold
Current Market Cap: Yen25.2B
For a thorough assessment of 2120 stock, go to TipRanks’ Stock Analysis page.