Research from Mita Securities, Mita Securities

Mita Securities

Mita Securities provides a full scale diversified investment banking and financial services. A comprehensive investment banking department, specializes in rights offerings advisory, take-over bids agents, M&A etc. Including a proprietary trading desk, and wealth management department that offers brokerage, custody, real estate, and full proxy services.

Research from Mita Securities

Equity Bottom-Up

<ul><li>Sold 16 residential properties. Gains on sale far exceeded our expectations</li><li>Regarding this transaction, the company will book sales of around 17.7bn yen, RP of around 2.5bn yen, and NP of around 1.7bn yen in 4Q</li><li>In 1-3Q FY2/22, the company posted NP of 2.0bn yen. The company appears to be highly confident of achieving its full-year NP guidance of 5.0-8.0bn yen</li></ul>

Sold 16 residential properties. Gains on sale far exceeded our expectationsRegarding this transaction, the company will book sales of around 17.7bn yen, RP of around 2.5bn yen, and NP of around 1.7bn yen in 4QIn 1-3Q FY2/22, the company posted NP of 2.0bn yen. The company appears to be highly confident of achieving its full-year NP guidance of 5.0-8.0bn yen

Ichigo (2337): Property Sales Finally in Full Swing

Ichigo Inc

Ichigo (2337): Property Sales Finally in Full Swing