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Hokuhoku Financial Group Revises Earnings Forecast Upward

Story Highlights
  • Hokuhoku Financial Group revises its earnings forecast with a significant increase in expected profits.
  • Higher interest income and affiliate gains drive the forecast revision, signaling stronger financial performance.
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Hokuhoku Financial Group Revises Earnings Forecast Upward

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

Hokuhoku Financial Group has announced a revision of its earnings forecast for the fiscal year ending March 31, 2025, with a significant increase in expected net income and ordinary profits. This adjustment is driven by higher than anticipated interest income from subsidiary banks and gains from its affiliate, Hokkaido Leasing Co., Ltd., indicating stronger financial performance that may positively impact stakeholders.

More about Hokuhoku Financial Group, Inc.

Hokuhoku Financial Group, Inc. operates in the financial services industry, focusing on banking and related financial solutions. It is listed on the Tokyo Stock Exchange Prime Market and the Sapporo Securities Exchange, with a primary market focus in Japan.

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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