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J.S.B. rebounds on establishment of wholly owned subsidiary in Australia

Mon Jun 1, 2026 1:50 pm JST Catalyst

J.S.B.Co.,Ltd. <3480> rebounded. The company announced after the close on May 29 that it established a wholly owned subsidiary in Australia to plan and develop rental properties, including student housing, a move welcomed by investors. Given solid expected demand for student-oriented residences, the subsidiary will work to build a brand presence in the Australian market through property planning, development, investment, brokerage, and operational management. The company noted that the impact on its earnings for the fiscal year ending October 2026 will be minimal.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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