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SPACE CO., LTD. ( (JP:9622) ) has provided an update.
SPACE CO., LTD. has completed the transfer of all 51 shares it held in consolidated subsidiary MSC CO. LTD., ending its 56.7% voting stake and fully removing the company from its consolidated holdings. The transaction, executed on February 27, 2026 for 94.5 million yen, divests a business focused on commercial facility production and management.
MSC CO. LTD. has shown steady growth in assets and net assets in recent years, though profits have trended downward, and it has not paid dividends. SPACE CO., LTD. expects the financial impact of the share transfer on its consolidated results to be negligible, indicating the subsidiary was relatively small in scale and the move is unlikely to materially affect stakeholders or its overall market position.
The most recent analyst rating on (JP:9622) stock is a Buy with a Yen1865.00 price target. To see the full list of analyst forecasts on SPACE CO., LTD. stock, see the JP:9622 Stock Forecast page.
More about SPACE CO., LTD.
SPACE CO., LTD., listed on the TSE Prime Market, operates in the commercial facilities and space production field, with group operations that include planning, design, and management of retail and commercial environments. Through its subsidiaries, it has been involved in comprehensive production, research, tenant leasing, and operations for commercial facilities, targeting the Japanese retail and real estate-related markets.
Average Trading Volume: 53,193
Technical Sentiment Signal: Buy
Current Market Cap: Yen40.72B
See more data about 9622 stock on TipRanks’ Stock Analysis page.