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Hokuhoku Financial Group Records 2.5 Billion Yen Gain

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Hokuhoku Financial Group Records 2.5 Billion Yen Gain

Hokuhoku Financial Group, Inc. ( (JP:8377) ) has provided an announcement.

Hokuhoku Financial Group, Inc. announced a significant gain recorded as other ordinary income for the third quarter of the fiscal year ending March 31, 2025. This gain, amounting to approximately 2.5 billion yen, resulted from Hokkaido Bank’s acquisition of shares in Hokkaido Leasing Co., Ltd., making it an equity method affiliate. This financial development will influence the company’s consolidated financial results and forecasts for the period ending December 31, 2024.

More about Hokuhoku Financial Group, Inc.

Hokuhoku Financial Group, Inc. operates in the financial industry with a focus on banking and financial services. Its operations include managing subsidiaries like Hokkaido Bank, Ltd., which engages in various financial transactions and investments.

YTD Price Performance: 10.52%

Average Trading Volume: 379,862

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen260.3B

For an in-depth examination of 8377 stock, go to TipRanks’ Stock Analysis page.

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