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Japan Securities Finance Co. Sees Profit Surge in Q1
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Japan Securities Finance Co. Sees Profit Surge in Q1

Japan Securities Finance Co (JP:8511) has released an update.

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Japan Securities Finance Co., Ltd. reports a 37.8% increase in profit attributable to owners of the parent in the first quarter of Fiscal 2024, despite a 9.8% decrease in operating revenues compared to the previous year. Total assets have grown, reaching over 15 trillion yen, while the shareholders’ equity ratio has seen a slight decrease. The company forecasts a significant rise in annual dividends, promising an ordinary and special dividend totaling 42 yen per share for both the second quarter and year-end.

For further insights into JP:8511 stock, check out TipRanks’ Stock Analysis page.

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