Seibu Holdings, Inc. (JP:9024) has released an update.
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Seibu Holdings Inc. has announced the liquidation of Tokyo Garden Terrace Kioicho, with plans to use the proceeds to enhance its hotel value, invest in human resources, and focus on forest conservation. Additionally, the company will repurchase treasury shares and increase dividends to improve capital efficiency and shareholder returns, aligning with its long-term strategy to 2035. These moves aim to boost resilience and sustainability amidst a volatile business environment.
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