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An update from Leopalace21 ( (JP:8848) ) is now available.
Leopalace21 Corporation announced a favorable judgment from the Tokyo District Court regarding a lawsuit against SHINCHOSHA Publishing Co., Ltd. The court ruled that SHINCHOSHA’s articles, which accused Leopalace21 of inflating occupancy rates and manipulating financial data, harmed the company’s reputation and were not based on truth. SHINCHOSHA was ordered to pay JPY 3,300,000, although other requests by Leopalace21 were dismissed. The judgment is not expected to impact the company’s financial performance.
The most recent analyst rating on (JP:8848) stock is a Hold with a Yen696.00 price target. To see the full list of analyst forecasts on Leopalace21 stock, see the JP:8848 Stock Forecast page.
More about Leopalace21
Leopalace21 Corporation operates in the real estate industry, primarily focusing on property management and leasing services. The company is listed on the Tokyo Stock Exchange and is headquartered in Nakano-ku, Tokyo.
Average Trading Volume: 1,531,973
Technical Sentiment Signal: Buy
Current Market Cap: Yen210B
Find detailed analytics on 8848 stock on TipRanks’ Stock Analysis page.