An update from Premium Group Co., Ltd. ( (JP:7199) ) is now available.
Premium Group Co., Ltd. announced a system failure at its subsidiary, Premium Co., Ltd., which occurred after a system replacement in November 2024. The failure resulted in delays in credit information transmission and incorrect billing for some customers. A Task Force has been established to investigate and address the issue, with assurances that no personal information was compromised. The company has assessed that the financial impact of this incident on its full-year financial performance will be minimal, and it continues to work on system restoration while maintaining open communication with stakeholders.
More about Premium Group Co., Ltd.
Premium Group Co., Ltd. operates in the financial sector, focusing on installment sales and credit information services. The company engages in the registration of credit information through its subsidiary, Premium Co., Ltd., as part of its business operations.
YTD Price Performance: -2.24%
Average Trading Volume: 151,650
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen103.4B
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