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Sekisui House Reit ( (JP:3309) ) has shared an update.
Sekisui House Reit, Inc. announced a change in the fiscal year for its four overseas special purpose companies (SPCs) in the United States, which hold properties The Ivey on Boren and City Ridge. This adjustment is in response to revisions in Japanese Controlled Foreign Company rules, aimed at avoiding double taxation by aligning income consolidation and dividend income periods. The fiscal year change is expected to have minimal impact on the company’s financial results for the fiscal periods ending April 30, 2025, and October 31, 2025.
More about Sekisui House Reit
Sekisui House Reit, Inc. operates as a real estate investment trust, focusing on managing and investing in real estate assets. The company is involved in the acquisition, management, and leasing of properties, with a particular emphasis on overseas real estate holdings.
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.27B
For an in-depth examination of 3309 stock, go to TipRanks’ Stock Analysis page.
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