Hoosiers Holdings raises 6.8bn yen for senior housing expansion

Hoosiers Holdings will issue 4.15 million new shares and dispose of 500,000 treasury shares, with an additional 697,800 shares via over-allotment.

The offering aims to raise up to 6.8 billion yen to fund senior condominium land acquisition and construction, targeting expansion in the CCRC market by March 2027.