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Concordia Financial Group ( (JP:7186) ) has shared an update.
Concordia Financial Group announced a significant change in its corporate structure and identity. The company intends to change its trade name to Yokohama Financial Group, Inc., reflecting its deepened collaboration and broader market ambitions. Additionally, the group plans to transition to a company with an Audit and Supervisory Committee to strengthen its governance and supervisory functions, which aligns with its goal of evolving from a banking group to a comprehensive financial group.
More about Concordia Financial Group
Concordia Financial Group is a regional financial group primarily composed of three banks: The Bank of Yokohama, The Higashi-Nippon Bank, and THE KANAGAWA BANK. Their operations are mainly based in Kanagawa Prefecture and Tokyo. The group focuses on providing financial solutions tailored to community needs and aims to enhance its business portfolio recognition both domestically and internationally.
YTD Price Performance: 1.09%
Average Trading Volume: 3,402
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.45B
For an in-depth examination of 7186 stock, go to TipRanks’ Stock Analysis page.
