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The latest update is out from Miyakoshi Holdings, Inc. ( (JP:6620) ).
Miyakoshi Holdings has approved the demolition of factory, dormitory, dining, and annex buildings at its consolidated subsidiary Shenzhen Crown (China) Electronics’ Crown Industrial Park in Shenzhen’s Futian District, clearing a site of roughly 94,000 square meters as part of the previously announced World Innovation Center urban renewal and redevelopment initiative. The demolition work, expected to take about five months under a Futian District government permit, marks a significant step in the group’s shift toward a redeveloped innovation-focused facility, while the company is still assessing demolition-related costs and the potential impact on consolidated earnings for the fiscal year ending March 2026 and beyond.
The most recent analyst rating on (JP:6620) stock is a Hold with a Yen838.00 price target. To see the full list of analyst forecasts on Miyakoshi Holdings, Inc. stock, see the JP:6620 Stock Forecast page.
More about Miyakoshi Holdings, Inc.
Miyakoshi Holdings Co., Ltd., listed on the TSE Prime Market under securities code 6620, operates through consolidated subsidiaries such as Shenzhen Crown (China) Electronics Co., Ltd., which owns industrial facilities in Shenzhen’s Futian District. The group is involved in electronics-related operations and industrial property assets in China, positioning it within the broader electronics and manufacturing supply chain.
Average Trading Volume: 61,544
Technical Sentiment Signal: Sell
Current Market Cap: Yen32.77B
See more insights into 6620 stock on TipRanks’ Stock Analysis page.