Loadstar Capital KK (JP:3482) has released an update.
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Loadstar Capital K.K. has resolved to sell a significant real estate asset, an 11-floor steel-framed hotel in Chiyoda-ku, Tokyo. The undisclosed buyer’s purchase price notably exceeds 10% of the company’s consolidated net sales for the previous fiscal year. The sale, contracted on October 3, 2024, with settlement due January 31, 2025, is expected to have a substantial impact on the company’s financial performance for the fiscal year ending December 31, 2025.
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