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DIC---大幅反落、美術館の移転・規模縮小を発表も

DIC --- a significant decline, announcing the relocation and downsizing of the museum.

Fisco Japan ·  Dec 27, 2024 11:49

DIC <4631> has dropped significantly. It announced the relocation of the DIC Kawamura Memorial Museum, which it holds and operates, from Sakura City, Chiba Prefecture to Tokyo, and plans to reduce the number of artworks by about a quarter, operating in collaboration with highly public-oriented organizations. It seems that they will begin selling artworks within 2025, expecting to generate cash income of at least around 10 billion yen. Starting in 2026, they plan to gradually proceed with the sales, allocating the proceeds towards shareholder returns and growth investments. However, it is believed that there was strong movement anticipating the cessation of operations, and coupled with the loss of dividend rights, today's decline is quite noticeable.

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