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Hyakujushi Bank, Ltd. ( (JP:8386) ) has shared an update.
Hyakujushi Bank, Ltd. has finalized a business alliance with Nomura Securities Co., Ltd. to enhance its financial instruments intermediary services. This alliance will involve a company split where Nomura Securities will manage certain customer accounts and collaborate with Hyakujushi Bank to provide sophisticated asset management services, particularly in Kagawa Prefecture. The new Asset Consulting Division will integrate resources from both companies to offer high-quality consulting services and expand assets under custody to 1 trillion yen, aiming to improve financial wellness for local customers.
The most recent analyst rating on (JP:8386) stock is a Buy with a Yen6608.00 price target. To see the full list of analyst forecasts on Hyakujushi Bank, Ltd. stock, see the JP:8386 Stock Forecast page.
More about Hyakujushi Bank, Ltd.
Hyakujushi Bank, Ltd. operates in the banking industry, offering a range of financial services. The bank is primarily focused on providing asset management and financial instruments intermediary services, especially in the Kagawa Prefecture region. It aims to enhance its service offerings through strategic alliances and partnerships.
Average Trading Volume: 106,322
Technical Sentiment Signal: Buy
Current Market Cap: Yen174.7B
Find detailed analytics on 8386 stock on TipRanks’ Stock Analysis page.