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Meiho Enterprise: Explanation material for the third quarter of the fiscal year ending in July 2024.
Miyatoy Enterprises - transfers the commercial real estate "Elpharo Shimo-Kitazawa 2" located in Kitazawa Kita, Setagaya-ku.
On the 28th, Meito Enterprise <8927> announced that it had transferred the commercial real estate "El Faro Shimokitazawa 2 (※2 is Roman numerals)" located in Kitazawa, Setagaya-ku, Tokyo for sale. The property is a 3-story reinforced concrete building with a total floor area of 384.36 square meters and a site area of 257.13 square meters, with 13 units of shared residence. It is a 10-minute walk from Shimokitazawa Station on the Keio Inokashira Line and Odakyu Odawara Line. The selling price is based on the consolidated net asset value of the Company as of the end of July 2023.
Ming Yutaka Enterprise has acquired land in the El Faro series development project in Jingumae, Shibuya-ku.
On the 28th, Meito Enterprise <8927> announced that it has acquired the land for its development project in Jingu-mae 2-chome, Shibuya-ku, Tokyo, with new financing (100% acquisition price) from Shonan Credit Cooperative. The property is a 10-minute walk from Tokyo Metro Ginza Line "Gaiemmae" Station with a site area of 167.66 square meters + 8.49 square meters (public registry). The surrounding area includes the National Stadium and Meiji Jingu Gaien, where both the convenience of the city center and the good living environment coexist. The company's rental apartment development business branch.
Meito Enter - Purchase of Elfaro business development site in Honcho, Nakano-ku, Tokyo.
On the 27th, Meito Enterprise <8927> announced that it has acquired development land in Honcho, Nakano-ku, Tokyo. The property is located a 3-minute walk from Nakano-Shinbashi Station on the Tokyo Metro Marunouchi Line and has an area of 186.71 square meters. While having a lively shopping street around the station, the surroundings of the property are spread with peaceful residential areas, which matches the company's business purpose of combining convenience and a good living environment. The property is part of the company's rental apartment development business.
Mingho-Enterprise - Purchase of El Faro Business Development Land in Hontennuma, Suginami-ku, Tokyo.
On the 25th, Meito Enterprise <8927> announced that it had acquired land for development in Motonuma, Suginami-ku, Tokyo. The property is located a 12-minute walk from JR Chuo Line/Tokyo Metro Marunouchi Line's Ogikubo Station and has a site area of 238.38 square meters (public record). There is a large commercial facility integrated with the station, as well as a shopping street, providing both high convenience and liveliness. The property is surrounded by a quiet residential area, offering both convenience and a good living environment, which is a strength of the company.
Japanese Stocks Hit Near-Three-Month High, Boosted by Chipmaker Rally
Japanese stocks surged on Wednesday to their highest closing levels in almost three months, driven by strong gains in chipmakers amid a rally in the tech-heavy Nasdaq index. The Nikkei 225 jumped 1.26
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