1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. ES-CON JAPAN Ltd.
  6. News
  7. Summary
    8892   JP3688330004

ES-CON JAPAN LTD.

(8892)
  Report
Delayed Japan Exchange  -  05/27 02:00:00 am EDT
764.00 JPY   +1.06%
04/27ES CON JAPAN : Summary of Financial Results for the first quarter 2022
PU
04/27ES-CON JAPAN Ltd. Provides Earnings Guidance for the First Two Quarters and Year Ending December 31, 2022
CI
04/27ES-CON JAPAN Ltd. Provides Dividend Guidance for the Year Ending December 31, 2022
CI
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

ES CON JAPAN : Notice of Investment in U.S. Real Estate Investment Fund

09/29/2021 | 12:02am EDT
Crow Holdings Realty Partners IX, L.P
US $1 million
Crow Holdings Capital Representative: Bob McClain (CEO)
Location: 3819 Maple Avenue, Dallas, Texas 75219 10 years from the Final Closing Date
ESCON USA II, LLC
Delaware Toru Kumaki

September 29, 2021

Company name:

ES-CON JAPAN Ltd.

Representative:

Takatoshi Ito, President &

Representative Director

(TSE 1st Section, code: 8892)

Notice of Investment in U.S. Real Estate Investment Fund

ES-CON JAPAN Ltd. (hereinafter "ES-CON JAPAN") announces that it has decided to invest in Real Estate Investment Fund "Crow Holdings Realty Partners IX, L.P" (hereinafter "the Fund") formed by Crow Holdings Capital (Headquarter: Dallas, Texas; CEO: Bob McClain; hereinafter "CHC"), U.S. real estate company through our subsidiary ESCON USA II, LLC (established in February 2020), as described below.

1. Background and purpose

The Fund, to which ES-CON JAPAN decided to make a commitment, is formed by CHC, a major U.S. real estate investor. CHC's parent company, Crow Holdings (Headquarter: Dallas, Texas; CEO: Michael Levy) has a 70-year history and a proven record of accomplishment. By utilizing Crow Holdings' and CHC's strong experience and the know-how, the Fund plans to invest in and develop a wide range of real estate fields, mainly rental apartments and Industrial properties in the U.S. The Fund also plans to increase the value of properties after it develop and/or acquire completed assets, and to sell them in stages after stable operations. The Fund's main focus is to invest in rental apartments and warehouses (e-commerce) by focusing on the population growth of the region (market growth potential). In addition, the Fund intends to make diversified and stable investments in many projects/properties in the whole U.S. ES-CON JAPAN decided to invest in the Fund because its investment policy meet our strategy for overseas business expansion and ES-CON JAPAN believes that this investment will also be beneficial for us to understand the business sentiment and trends in U.S. real estate market.

ES-CON JAPAN will continue to focus its endeavors on developing new business fields with an eye on the next era, and its global implementation of a multifaceted real estate business that can contribute to the society.

2.Overview of the Fund and subsidiary Fund overview

Fund name

Our planned investment

Sponsor

Term

Subsidiaries overview

Name of subsidiary

Location

Manager

3.Future plans

Starting point for investment: Early October 2021

4. Impact on operating results

The impact of the equity investment on ES-CON JAPAN's operating results is currently not projected.

Administration Group PR/IR Manager Tel: +81-3-6230-9308

Disclaimer

ES-CON Japan Ltd. published this content on 29 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2021 04:01:07 UTC.


© Publicnow 2021
All news about ES-CON JAPAN LTD.
04/27ES CON JAPAN : Summary of Financial Results for the first quarter 2022
PU
04/27ES-CON JAPAN Ltd. Provides Earnings Guidance for the First Two Quarters and Year Ending..
CI
04/27ES-CON JAPAN Ltd. Provides Dividend Guidance for the Year Ending December 31, 2022
CI
03/30ES CON JAPAN : Corporate governance
PU
03/14ES CON JAPAN : Notice of Investment in Agya Ventures Fund L.P.
PU
02/01ES CON JAPAN : 【SUMMARY】Accounts for Fiscal Year Ended December 2021 (Japane..
PU
02/01ES-CON JAPAN Ltd. Provides Earnings Guidance for the First Two Quarters and Year Ending..
CI
02/01ES-CON JAPAN Ltd. Announces Dividend for the Year Ended December 31, 2021, Payable on M..
CI
2021ES-CON JAPAN LTD. : Ex-dividend day for final dividend
FA
2021ES-CON JAPAN Ltd. acquired FUEL Inc. from Souki Hosozawa.
CI
More news
Financials
Sales 2020 77 308 M 608 M 608 M
Net income 2020 7 663 M 60,3 M 60,3 M
Net Debt 2020 74 634 M 587 M 587 M
P/E ratio 2020 7,33x
Yield 2020 4,66%
Capitalization 72 957 M 574 M 574 M
EV / Sales 2019
EV / Sales 2020 1,69x
Nbr of Employees 344
Free-Float 31,4%
Chart ES-CON JAPAN LTD.
Duration : Period :
ES-CON JAPAN Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ES-CON JAPAN LTD.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Managers and Directors
Takatoshi Ito President & Representative Director
Katsushi Wakayama Executive Officer, Manager-Finance & Accounting
Minoru Nakanishi Director
Hiroto Mizobata Independent Outside Director
Tadashi Fukuda Independent Outside Director