TOKYO, Apr 30 (Pulse News Wire) – Rise INC. (8836.T) announced through its board meeting that its subsidiary FREAsset Management Kabushiki Kaisha has resolved to enter into an asset advisory agreement with Moraine Goshi Gaisha (Moraine Co.).
FREAsset Management Kabushiki Kaisha, located in Minato-ku, Tokyo, operates primarily in real estate leasing and management. The capital of the subsidiary stands at ¥100 million. The purpose of this agreement is to enhance the group's core real estate management business by securing a new property management mandate. Moraine Co., based within EP Consulting Services in Chiyoda-ku, Tokyo, specializes in real estate and bond securitization transactions, equity investments, and stake acquisitions, holdings, and disposals.
The annual fee for the advisory contract is set at ¥5.5 million, expected to increase the company’s operating profit and ordinary profit by approximately ¥5 million for the fiscal year ending March 2026. The agreement is scheduled to be finalized by the end of April 2026. A thorough review of the impact on the fiscal year ending March 2026 is ongoing. Any necessary adjustments to the earnings forecast will be disclosed promptly.
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