East Japan Railway Company (JP:9020) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
East Japan Railway Company is set to enhance its real estate operations by transferring the development and leasing business of company-owned land to its wholly-owned subsidiary, JR East Real Estate Co., Ltd. This strategic move, effective January 1, 2025, aims to boost the group’s growth by facilitating real estate liquidation and reinvestment.
For further insights into JP:9020 stock, check out TipRanks’ Stock Analysis page.
