Sun Frontier Fudousan Co (JP:8934) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sun Frontier Fudousan Co., Ltd. has announced the establishment of a new subsidiary, Sun Frontier Asset Management Co., Ltd., aimed at advancing their Long-Term Vision 2035 through private REIT business and addressing regional social issues. The new subsidiary, wholly owned by Sun Frontier Fudousan, has a capital of 110 million yen and is expected to launch its first private REIT by the fiscal year ending March 2026. The company has stated that the establishment’s impact on consolidated performance is accounted for in the forecast for the fiscal year ending March 31, 2025.
For further insights into JP:8934 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money