Miyakoshi Moves to Secure Major Syndicated Loan for Shenzhen Innovation Hub

Miyakoshi Holdings, Inc. ( (JP:6620) ) has issued an announcement.

Miyakoshi Holdings’ subsidiary Shenzhen Crown (China) Electronics is leading the World Innovation Center project in Shenzhen, a large-scale development designed to function as an international R&D and industrial creation hub. A major real estate consulting firm’s feasibility study indicates the project remains economically viable even under stress scenarios, with a projected completion valuation of about 338.2 billion yen, underscoring its substantial asset value and marketability.

The board has approved starting formal talks with major Chinese banks to arrange a syndicated loan expected to finance most of the roughly 110 billion yen investment. Bank of China is being considered as sole lead or joint lead with Bank of Communications, with participation from institutions such as Industrial Bank and Ping An Bank, and the proactive stance of lenders highlights confidence in the project’s growth potential and social significance, though Miyakoshi says the move will not affect earnings for the year ending March 2026.

The most recent analyst rating on (JP:6620) stock is a Hold with a Yen607.00 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 subsidiaries such as Shenzhen Crown (China) Electronics Co., Ltd. in China. The group is involved in electronics-related businesses and is now expanding into large-scale real estate and innovation infrastructure projects, targeting international R&D and industrial development hubs.

Average Trading Volume: 72,035

Technical Sentiment Signal: Sell

Current Market Cap: Yen23.57B

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