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Ichiyoshi Securities Co ( (JP:8624) ) has issued an announcement.
Ichiyoshi Securities Co., Ltd. reported a decline in its preliminary consolidated earnings for the first quarter of fiscal 2025 compared to the same period in the previous year. The decrease in operating revenue, operating profit, current profit, and net income is attributed to reduced fees and commissions despite progress in their business model transformation. This downturn reflects the volatile nature of the financial instruments-trading market and impacts stakeholders by highlighting the challenges in maintaining revenue growth amidst market fluctuations.
More about Ichiyoshi Securities Co
Ichiyoshi Securities Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily operating in the financial instruments-trading business. The company focuses on services such as fund-wrap accounts and investment trusts, which are part of its transition to a ‘Stock-Type Business Model.’
Average Trading Volume: 118,075
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen25.38B
For a thorough assessment of 8624 stock, go to TipRanks’ Stock Analysis page.