Starts Proceed Investment Corporation (JP:8979) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Starts Proceed Investment Corporation (SPI) has successfully completed the early disposition of the Proceed Oizumigakuen property and the premature repayment of a loan amounting to 284.5 million yen, using the proceeds from the sale. The transaction has led to a slight decrease in the company’s short-term loans payable and a marginal reduction in the loan-to-value (LTV) ratio, with no significant changes to the overall financial forecast for upcoming fiscal periods.
For further insights into JP:8979 stock, check out TipRanks’ Stock Analysis page.