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SBS Holdings Transfers Real Estate Assets to Boost Logistics

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SBS Holdings Transfers Real Estate Assets to Boost Logistics

S B S Holdings, Inc. ( (JP:2384) ) has provided an update.

SBS Holdings, Inc. has approved the transfer of trust beneficiary rights of real estate owned by its subsidiary L-MAX Co., Ltd. as part of an asset replacement strategy. This move is expected to enhance the company’s logistics facilities and contribute to an increase of approximately 7.4 billion yen in operating income for the fiscal year ending December 2025, as previously forecasted.

More about S B S Holdings, Inc.

SBS Holdings, Inc. operates in the logistics industry, focusing on real estate development, management, and warehousing through its subsidiary L-MAX Co., Ltd. The company is engaged in strengthening its 3PL (third-party logistics) business while maintaining financial stability.

YTD Price Performance: 21.41%

Average Trading Volume: 90,628

Technical Sentiment Signal: Sell

Current Market Cap: Yen114.4B

See more data about 2384 stock on TipRanks’ Stock Analysis page.

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