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Hokuhoku Financial Group Reports Decline in Income and Adjusts Earnings Forecast

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Hokuhoku Financial Group Reports Decline in Income and Adjusts Earnings Forecast

An announcement from Hokuhoku Financial Group, Inc. ( (JP:8377) ) is now available.

Hokuhoku Financial Group, Inc. reported its consolidated financial results for the nine months ended December 31, 2024, showing significant declines in comprehensive income by 57.5% compared to the previous year. The company revised its earnings estimates for the fiscal year ending March 31, 2025, indicating adjustments in its financial forecasts. The scope of consolidation was expanded with the inclusion of two new companies, The Hokuhoku Consulting Co., Ltd. and Hokkaido Leasing Co., Ltd., suggesting strategic growth initiatives.

More about Hokuhoku Financial Group, Inc.

Hokuhoku Financial Group, Inc. operates in the financial services industry, with a focus on banking and related services in Japan. The company is listed on the Tokyo Stock Exchange and Sapporo Securities Exchange.

YTD Price Performance: 10.52%

Average Trading Volume: 379,862

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen260.3B

Learn more about 8377 stock on TipRanks’ Stock Analysis page.

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