Ichigo Office REIT Investment Corporation raised its ordinary profit forecast for the current fiscal year by 27%, adding to its forecast for record-high profit. Following a change in Norges Bank’s shareholding, Timee’s stake held by the bank newly exceeded 5%.
Ichigo Office REIT Investment Corporation raised its forecast for ordinary profit for the fiscal year ending October 2026 from the previous forecast of ¥8.67 billion to ¥11 billion, further raising its forecast for record-high profit. It also announced a dividend forecast revision, and the stock showed a favorable reaction to the earnings forecast revision. The announcement was released after the market close on the 18th.
Norges Bank emerged as a major shareholder of Timee, with its stake rising to 5.04%. Timee shares were consequently viewed as having a positive catalyst.
Yamaichi Electronics announced plans to build its fourth factory in the Philippines. The factory will be built to expand production capacity.
Data Section secured a large order for a GPU cluster for an AI data center. The 3-year contract is valued at approximately $525.6 million in total, or approximately $175.2 million annually, and has already been incorporated into the current fiscal year’s earnings forecast.