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TYO:3003

11 stories mentioning TYO:3003Updated 8m ago

Every FINWIRES story that references TYO:3003, newest first.

Asia

Standard Chartered Sells, Leases Back Singapore Business Park Properties

Standard Chartered (HKG:2888) has sold and leased back two business park properties in Singapore to a consortium comprising Japan's Hulic (TYO:3003), RISA Partners, EZA Hill Property Management, and TRI Investment Management.The properties are 7 Changi Business Park Crescent and 9 Changi Business Park Crescent.The investment was executed through a Japanese investor platform managed by EZA Hill alongside TRI Investment Management, Hulic said in a Wednesday release.The value of the deal was undisclosed.

HKG:2888TYO:3003
Asia

Japanese Stocks Fall As Investors Turn Cautious on AI Investments Amid Chinese Competition

Japanese stocks fell, marking the worst global chip sell-off, as concerns over piling artificial intelligence investments and their sustainability fueled fears that growing competition from China could derail the AI infrastructure boom.The benchmark Nikkei 225 closed down 2,566.27 points, or 3.95%, at 62,364.92.Oil prices fell, and bonds gained over the temporary US-Iran ceasefire de-escalating hostilities and easing inflation pressure.On the corporate side, Otsuka Holdings (TYO:4578) has revised its forecast for first-half profit attributable to owners of the company to 215 billion yen, up 68% from 128 billion yen previously, according to a Tokyo bourse filing on Tuesday.Also, Hulic (TYO:3003) posted an 11% year-over-year increase in profit attributable to owners of the parent to 49.9 billion yen in the first half, up from 44.9 billion yen.

Nikkei 225TYO:3003TYO:4578
Asia

Hulic Profit Jumps 11% in H1

Hulic (TYO:3003) posted an 11% year-over-year increase in profit attributable to owners of the parent to 49.9 billion yen in the first half, up from 44.9 billion yen.The real estate company's net earnings per share increased to 65.82 yen from 59.06 yen a year earlier, according to a Tokyo bourse filing on Tuesday.Operating revenue surged 39% to 416.6 billion yen from 300.1 billion yen in the prior-year period.The company declared an interim dividend of 33.50 yen, payable from Sept. 3.For the full year, Hulic forecasts an attributable profit of 121 billion yen and an EPS of 159.34 yen.The company plans to pay a year-end dividend of 33.50 yen per share.

TYO:3003
Asia

Hulic to Acquire 20% of Fresh Produce Platform Farmind

Hulic (TYO:3003) will acquire about 20% of the shares of fresh produce company Farmind, according to a Tuesday release.With the move, Farmind will become an equity-method affiliate of the Japanese real estate developer.The parties expect the alliance to anchor sustainable agricultural production and aid in food supply stability.Shares of Hulic were up nearly 1% in recent trade.

TYO:3003
Asia

Hulic to Change Name of Unit

Hulic's (TYO:3003) board agreed to change the trade name of its consolidated subsidiary Raysum Co.(TYO:8890) to Nexray Co., effective August 1, according to a June 26 filing on the Tokyo Stock Exchange.The name change is part of its strategy for better synergy and further growth in corporate value.

TYO:3003TYO:8890
Research

Tokai Tokyo Starts Hulic at Neutral with 2,040 Yen Price Target

Hulic (TYO:3003) has an average rating of hold and mean price target of 1,988.33 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TYO:3003
Asia

Yasuda Logistics to Book 5.02 Billion Yen Gain from Hulic Share Sale

Yasuda Logistics (TYO:9324) expects to record a gain of 5.02 billion yen on the sale of investment securities as extraordinary income in the first quarter of the fiscal year ending March 31, 2027, according to a Tokyo bourse filing on Friday.This gain follows the company's decision to sell 3.11 million common shares of Hulic (TYO:3003) as part of a secondary offering, with a total sale amount of 5.02 billion yen or 1,615.26 yen per share.Although the gain has been partially factored into the consolidated forecasts announced on May 8, the company is leaving its full-year projections unchanged at this time.

TYO:3003TYO:9324
Asia

Oki Electric Industry Expects 5.1 Billion Yen Gain from Sale of Hulic Shares

Oki Electric Industry (TYO:6703) expects a 5.1 billion yen gain on sale of investment securities, following its decision to participate as a selling shareholder in Hulic's (TYO:3003) secondary offering.The company has finalized the sale of 10 million Hulic shares for a total of 16.2 billion yen. The per-share underwriting price was set at 1,615.26 yen.As a result, it will book the 5.1 billion yen gain as extraordinary income in the first quarter of fiscal year ending March 31, 2027, according to a Tokyo bourse filing on Friday.This anticipated gain has already been factored into the consolidated earnings full-year forecast released on May 13.

TYO:3003TYO:6703
Asia

Oki Electric Industry to Sell 10 Million Shares in Hulic

Oki Electric (TYO:6703) will dispose of 10 million common shares in Hulic (TYO:3003), as part of the latter's secondary share offering, according to a Thursday filing with the Tokyo Exchange.The sale price will be determined between May 21 and May 22, the filing added.

TYO:3003TYO:6703
Asia

Yasuda Logistics to Dispose 3.1 Million Shares in Hulic

Yasuda Logistics (TYO:9324) will dispose of 3.1 million common shares it holds in Hulic (TYO:3003) as part of the latter's secondary offering of shares in international markets, according to a Thursday filing with the Tokyo Exchange.The disposal is part of the logistics company's Vision 2030 strategy to maintain financial position and enhance shareholder return.

TYO:3003TYO:9324
Asia

Hulic's Profit Climbs 5.6% in Q1

Hulic's (TYO:3003) profit attributable to owners of the parent rose 5.6% to 18.1 billion yen in the first quarter from 17.2 billion yen a year earlier.The real estate and insurance company's earnings per share increased to 23.89 yen from 22.57 yen a year ago, according to a Tokyo bourse filing on Monday.Net sales jumped 45% to 226.8 billion yen in Q1 from 156.6 billion yen in the prior-year period.For the full year, the company expects attributable profit of 121 billion yen and EPS of 159.41 yen.Hulic plans to pay interim and year-end dividends of 33.50 yen per share each for the year, which is higher than the amount paid the previous year

TYO:3003

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