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Tokyo Tatemono Expects Significant Gains from Hulic Share Sale

Tokyo Tatemono Expects Significant Gains from Hulic Share Sale

Tokyo Tatemono Co (JP:8804) has released an update.

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Tokyo Tatemono Co. is set to record an extraordinary income in the fourth quarter of fiscal year 2024 after selling a portion of its shares in Hulic Co., Ltd., amounting to a gain of ¥15.7 billion. The company anticipates further gains if additional shares are sold through an overallotment arrangement. Tokyo Tatemono is reviewing its full-year forecast and will update as necessary.

For further insights into JP:8804 stock, check out TipRanks’ Stock Analysis page.

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