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Nishi-Nippon Railroad Revises Fukuoka Project Budget

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Nishi-Nippon Railroad Revises Fukuoka Project Budget

Confident Investing Starts Here:

Nishi-Nippon Railroad Co., Ltd. ( (JP:9031) ) just unveiled an announcement.

Nishi-Nippon Railroad Co., Ltd. has announced a revision in the acquisition cost for the Fukuoka Building Block project, increasing the budget from approximately 85 billion yen to 94.5 billion yen due to rising material and labor costs and enhancements to the building’s quality. This adjustment has been factored into the company’s financial guidance for the fiscal year ending March 31, 2026, indicating a strategic move to maintain the project’s value and quality amidst economic fluctuations.

More about Nishi-Nippon Railroad Co., Ltd.

Nishi-Nippon Railroad Co., Ltd. operates in the transportation and real estate industry, providing services such as rail transport and property development, primarily focusing on the Fukuoka region.

Average Trading Volume: 277,993

Technical Sentiment Signal: Sell

Current Market Cap: Yen174B

For an in-depth examination of 9031 stock, go to TipRanks’ Stock Analysis page.

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