AIZAWA SECURITIES GROUP CO. LTD. ( (JP:8708) ) has provided an update.
AIZAWA SECURITIES GROUP CO., LTD. concluded its fiscal year with significant progress in its Medium-Term Management Plan, although it fell short of its 8% ROE target. The company is transitioning towards a recurring revenue model, with assets under custody reaching record highs. Despite sluggish overall earnings in the financial securities business, the company plans to return at least 20 billion yen to shareholders and has suspended its underwriting business to focus on reforms.
More about AIZAWA SECURITIES GROUP CO. LTD.
AIZAWA SECURITIES GROUP CO., LTD. operates in the financial securities industry, focusing on products such as mutual funds and wrap products. The company is working towards a recurring revenue business model and aims to enhance shareholder returns.
YTD Price Performance: -25.21%
Average Trading Volume: 94,903
Technical Sentiment Signal: Hold
Current Market Cap: Yen39.49B
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