Miyakoshi Holdings, Inc.【JP:6620】Stock Price

Miyakoshi Holdings Co., Ltd. is a pure holding company established in 2011 as the wholly-owned parent company of Crown Co., Ltd. The company group consists of Miyakoshi Holdings and six consolidated subsidiaries, and primarily operates in the real estate development and rental management business.

In the real estate development and rental management business, Shenzhen Crown (China) Electronics Co., Ltd. and Kelang (Shenzhen) Business Co., Ltd. play key roles. These subsidiaries contribute to regional economic development through real estate development and rental management operations in the Chinese market.

Other business operations involve Crown Co., Ltd., Shenzhen Crown Metal Forming Co., Ltd., CROWN PRECISION (HK) CO., LTD., and Crown Investment Management Co., Ltd. These subsidiaries function as holding companies and support the overall business operations of the group.

Miyakoshi Holdings is classified as a specified listed company. The materiality threshold for insider trading regulations is determined based on consolidated financial figures. This requirement ensures transparent management practices.

Miyakoshi Holdings operates on the fundamental principle of promoting transparent corporate activities and securing appropriate profits through fair and equitable investment operations. The company clearly separates its holding company from operating companies, aims to optimize the use of management resources and establish sound corporate governance, and pursues sustainable growth and enhanced corporate value.

The company is advancing the "World Innovation Center" (WIC) project in Shenzhen, China. This project is an urban renewal initiative that drives the development of high-tech and advanced medical sectors, redeveloping the Chegongmiao area located in central Shenzhen.

In executing the WIC project, Miyakoshi Holdings faces challenges including U.S.-China trade friction, foreign exchange fluctuations, sustainability initiatives, and talent acquisition in real estate development. To address these challenges, the company is pursuing funding from local financial institutions and obtaining ESG certifications.

Additionally, the company provides information platforms and matching systems with startup enterprises to attract companies with positive outlooks on the Chinese market to the WIC. Furthermore, it aims to build an optimal platform that supports innovation creation by incoming enterprises through 24/7 lifestyle services.

To smoothly advance the WIC project, Miyakoshi Holdings recruits talented personnel in fields such as architectural design and cost management. Going forward, the company plans to expand its workforce as needed and strengthen its organizational structure to ensure project success.