TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Mitsui Fudosan Logistics Park, Inc. ( (JP:3471) ) has issued an update.
Mitsui Fudosan Logistics Park Inc. announced an amendment to its investment guidelines following a merger with Advance Logistics Investment Corporation. The company will adjust its distribution policy due to the recognition of negative goodwill, impacting its ability to make distributions in excess of earnings. This strategic move aims to clarify the distribution policy in light of the financial situation post-merger, ensuring financial stability and asset management.
More about Mitsui Fudosan Logistics Park, Inc.
Mitsui Fudosan Logistics Park Inc. operates within the real estate investment trust (REIT) sector, focusing on logistics facilities. The company is known for managing logistics properties and aims to provide stable income through strategic investments and asset management.
Average Trading Volume: 8,081
Technical Sentiment Signal: Sell
Current Market Cap: Yen328.7B
For detailed information about 3471 stock, go to TipRanks’ Stock Analysis page.