Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
AEON Financial Service Co ( (JP:8570) ) has shared an update.
AEON Financial Service has cancelled its previously announced plan to make its consolidated subsidiary, A･C･S Credit Management Co., Ltd., a wholly owned subsidiary through a simplified share exchange, following a resolution by its Board of Directors. The decision comes as the company reassesses its overall business portfolio and the scheme of the share exchange to better allocate management resources within the group and support strategic investments in its core payment operations and overseas growth areas, and the company expects no impact on its consolidated financial results from this cancellation.
The most recent analyst rating on (JP:8570) stock is a Hold with a Yen1908.00 price target. To see the full list of analyst forecasts on AEON Financial Service Co stock, see the JP:8570 Stock Forecast page.
More about AEON Financial Service Co
AEON Financial Service Co., Ltd. is a Japan-based financial services provider listed on the Tokyo Stock Exchange Prime Market, focusing on payment-related businesses and financial services for retail customers, with an emphasis on delivering safe, convenient and cost-effective services and expanding growth areas overseas.
YTD Price Performance: 44.13%
Average Trading Volume: 503,930
Technical Sentiment Signal: Buy
Current Market Cap: Yen381.6B
Find detailed analytics on 8570 stock on TipRanks’ Stock Analysis page.