The latest announcement is out from Jaccs Co., Ltd. ( (JP:8584) ).
JACCS Co., Ltd. has announced a capital and business alliance with MUFG Bank, a subsidiary of Mitsubishi UFJ Financial Group, to issue new shares through third-party allotment. This alliance aims to accelerate JACCS’s growth strategies, particularly in environmental fields and overseas businesses, by leveraging MUFG’s customer base and financial solutions. The agreement includes strengthening group collaboration, exploring new fields, and promoting efficiency and digital transformation, with implications for enhancing JACCS’s market position and operational capabilities.
More about Jaccs Co., Ltd.
JACCS Co., Ltd. operates in the financial services industry, focusing on consumer finance. The company is involved in providing credit services, including housing-related products, electric vehicles, and warranty fields, with a market focus on expanding its collaboration with the MUFG Group.
YTD Price Performance: 1.41%
Average Trading Volume: 104,301
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen138.7B
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