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Star Mica Holdings Secures Positive Impact Finance for Sustainable Growth
Company Announcements

Star Mica Holdings Secures Positive Impact Finance for Sustainable Growth

Story Highlights
  • Star Mica focuses on renovating and selling older condominiums to aid home ownership transition.
  • The 3.0 billion yen finance agreement supports Star Mica’s sustainable growth and SDG goals.
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The latest announcement is out from Star Mica Holdings Co., Ltd. ( (JP:2975) ).

Star Mica Holdings Co., Ltd. has entered into a Positive Impact Finance agreement with Aozora Bank, aimed at enhancing its contribution to sustainability and social responsibility. The financing, amounting to 3.0 billion yen, under Aozora’s ESG Framework Loan, will support Star Mica in executing its mid-term plan ‘Find the Value 2026,’ promoting sustainable corporate growth and adherence to SDGs. This agreement underscores Star Mica’s commitment to leveraging older properties to benefit society and the environment, monitored and supported by Aozora Bank through annual progress reports.

More about Star Mica Holdings Co., Ltd.

Star Mica Holdings Co., Ltd. operates in the real estate industry, focusing on the purchase, renovation, and sale of older pre-owned condominiums. The company aims to address social issues in Japan, such as aging properties and population, by facilitating the transition of home ownership to younger generations.

YTD Price Performance: 9.79%

Average Trading Volume: 116,200

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen28.48B

For an in-depth examination of 2975 stock, go to TipRanks’ Stock Analysis page.

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