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Japan Retail Investment ( (JP:8953) ) has shared an update.
Japan Metropolitan Fund Investment Corporation, a player in the real estate investment sector, has completed the disposition of its trust beneficiary right in the JMF-Bldg. Akasaka 01 property. The company plans to use the gain from this sale, amounting to 3,139 million yen, as dividends over several fiscal periods, while the proceeds will be used to fund new property acquisitions and repay short-term borrowings.
The most recent analyst rating on (JP:8953) stock is a Hold with a Yen113000.00 price target. To see the full list of analyst forecasts on Japan Retail Investment stock, see the JP:8953 Stock Forecast page.
More about Japan Retail Investment
Average Trading Volume: 15,613
Technical Sentiment Signal: Buy
Current Market Cap: Yen856.7B
See more insights into 8953 stock on TipRanks’ Stock Analysis page.