Mitsui & Co ( (JP:8031) ) just unveiled an update.
Mitsui & Co., Ltd. announced the acquisition of an operational hyperscale data center in Kanagawa Prefecture, Japan, as part of its strategy to expand its data center business. This acquisition will be included in a new data center fund established with institutional investors, aiming to enhance digital infrastructure and provide investment opportunities in growing asset classes. The impact on the fiscal year’s profit is expected to be minor.
More about Mitsui & Co
Mitsui & Co., Ltd. is a diversified company based in Tokyo, Japan, engaged in various industries including digital infrastructure. The company focuses on developing hyperscale data centers, which are essential for AI and cloud services, through its subsidiaries Mitsui & Co. Asset Management Holdings Ltd. and Mitsui & Co., Realty Management Ltd.
YTD Price Performance: -17.30%
Average Trading Volume: 10,599
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $54.06B
See more data about 8031 stock on TipRanks’ Stock Analysis page.