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Keikyu Corporation Increases Investment in Shinagawa Station Project

Story Highlights
  • Keikyu Corporation increases its investment in Shinagawa Station project to 320 billion yen.
  • Despite higher costs, Keikyu expects minimal impact on fiscal results for 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Keikyu ( (JP:9006) ) has provided an announcement.

Keikyu Corporation has announced a significant change in its fixed asset acquisition plan for the Shinagawa Station West Exit Area, increasing the investment from approximately 220 billion yen to 320 billion yen due to rising construction costs. Despite this substantial increase, the company expects minimal impact on its operating results for the fiscal year ending March 31, 2026, indicating a strong financial position and strategic foresight in managing cost fluctuations.

More about Keikyu

Keikyu Corporation is a company listed on the Tokyo Stock Exchange Prime Market, primarily involved in transportation and infrastructure development, with a focus on creating value through strategic asset management and development projects.

Average Trading Volume: 929,919

Current Market Cap: Yen424.8B

See more insights into 9006 stock on TipRanks’ Stock Analysis page.

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