FP Partner, Inc. (JP:7388) has released an update.
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FP Partner Inc. has announced a change in the allocation of funds raised from their public listing, postponing the reconstruction of the FP Shinsaibashi Building and redirecting the capital towards the FP Asakusabashi Building’s reconstruction. The company has decided that the funds initially intended for expanding office space due to personnel increases would be more effectively used for the FP Asakusabashi Building, covering any cost differences with their own finances. This strategic shift in fund utilization is not expected to significantly affect the company’s fiscal results for 2024.
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