Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from AEON Financial Service Co ( (JP:8570) ).
AEON Financial Service Co., Ltd. has announced an extraordinary loss due to the transfer of a significant portion of shares in its subsidiary, AEON Allianz Life Insurance Co., Ltd., to Meiji Yasuda Life Insurance Company. This transaction, which resulted in a loss of ¥10,095 million on a non-consolidated basis and ¥9,539 million on a consolidated basis, has been recorded for the second quarter of the fiscal year ending February 2026. Despite this loss, the company has confirmed that its earnings forecast for the fiscal year remains unchanged, as the impact of the share transfer had already been accounted for in previous forecasts.
The most recent analyst rating on (JP:8570) stock is a Buy with a Yen1574.00 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. operates within the financial services industry, focusing on providing a range of financial products and services. The company is known for its involvement in life insurance through its subsidiary AEON Allianz Life Insurance Co., Ltd., which has been recently renamed Meiji Yasuda Trust Life Insurance Co., Ltd.
Average Trading Volume: 761,200
Technical Sentiment Signal: Buy
Current Market Cap: Yen317.1B
Find detailed analytics on 8570 stock on TipRanks’ Stock Analysis page.