Ichigo Office REIT to Sell Ichigo Yotsuya 4 Chome Building for 1 Billion Yen
Ichigo Office REIT Investment: Announcements of individual stocks: Revision of upward operation status and distribution estimates for April 2025.
Insider decrases its stake in Ichigo Office REIT Investment(8975.JP) to 3.84%
On Aug 6, 大和アセットマネジメント株式会社 submitted the Change Report to Ministry of Finance. The report shows that 大和アセットマネジメント株式会社 decreased their holdings in $Ichigo Office REIT Investment(8975.JP)$, with
Ichigo Office REIT Investment: Securities Report (Domestic Investment Securities) - 37th Period (2023/11/01 - 2024/04/30)
Significant increase in revenue and profits in first quarter, with strong sales and profits for Shinchiku business.
On the 11th, Ichigo <2337> announced its consolidated financial results for the first quarter of the fiscal year ending February 2025 (March to May 24). Revenue increased by 147.2% to 25.096 billion yen compared to the same period last year, operating profit increased by 72.7% to 4.221 billion yen, ordinary profit increased by 153.0% to 3.716 billion yen, and net profit attributable to the parent company's shareholders for the quarter increased by 146.8% to 3.591 billion yen. The company includes its major real estate business, Shinchiku business, as a special profit or loss segment for accounting purposes.
Strawberries - Entry into Private Placement REIT Business.
Ichigo <2337> announced on the 8th that it will acquire all investment units of Tokusho Tokai REIT Investment Corporation (hereinafter referred to as "Tokusho Tokai REIT") and all shares of Tokusho Asset Management. The company is expanding its opportunities to acquire stock earnings from non-asset businesses centered on its strengths such as owning and operating real estate properties and building know-how, and is promoting further strengthening of its asset management business. Through this entry into the private REIT business, it is expected that the company will further promote this policy.