Star Asia Investment Corporation announced that it will redeem the preferred equity securities it holds as of April 28, 2026, and expects to record a redemption gain of 151 million yen in the fiscal period ending July 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Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-04-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3468-20260428-01.pdf","jir_short_summary":"Star Asia Investment Corporation announced that it will redeem the preferred equity securities it holds as of April 28, 2026, and expects to record a redemption gain of 151 million yen in the fiscal period ending July 2026.","jir_summary":"### Overview of Owned Assets (Preferred Equity Securities)\nThe preferred equity securities held by Star Asia Investment Corporation are issued by GSA JP Project 1 Special Purpose Company, which holds beneficiary rights from a trust where real estate is the trust property. The trust property is HAKUSAN HOUSE, with 13,328,342 units held and an acquisition cost of 1,562,569,919 yen.\n\n### Redemption and Future Outlook\nThe redemption of these preferred equity securities is scheduled for April 28, 2026, at which time dividend payments will also be made. As a result, a redemption gain of 151 million yen is expected to be recorded in the fiscal period ending July 2026. This redemption has been factored into the financial summary for the fiscal period ending January 2026, and there is no revision to the earnings guidance.","jir_financial_highlights":"Name of Held Asset: GSA JP Project 1 Special Purpose Company Preferred Equity Securities (Unknown)\nNumber of Units Held: 13,328,342 units (Unknown)\nAcquisition Cost: 1,562,569,919 yen (Unknown)\nRedemption Date: 2026-04-28 (Unknown)\nExpected Redemption Gain: 151 million yen (Unknown)","jir_category":"","jir_hashtags":"#StarAsiaInvestmentCorporation, #PreferredEquitySecuritiesRedemption, #REIT","jir_key_figures":"Number of Units Held: 13,328,342 units\nAcquisition Cost: 1,562,569,919 yen\nExpected Redemption Gain: 151 million yen (Fiscal period ending July 2026)","jir_meta_title":"[Star Asia Investment Corporation] Redemption of Preferred Equity Securities and Expected Redemption Gain of 151 Million Yen\uff5cApril 2026","jir_meta_description":"Star Asia Investment Corporation announces the redemption of preferred equity securities held as of April 28, 2026, with an expected redemption gain of 151 million yen to be recorded in the fiscal period ending July 2026. No revisions to earnings guidance.","jir_og_title":"[Star Asia Investment Corporation] Redemption of Preferred Equity Securities and Expected Redemption Gain of 151 Million Yen","jir_og_description":"Preferred equity securities will be redeemed on April 28, 2026, with a redemption gain of 151 million yen expected to be recorded in the fiscal period ending July 2026. No changes to earnings guidance.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9132,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-43688","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n