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JACCS Co., Ltd. Strengthens Alliance with MUFG Bank

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JACCS Co., Ltd. Strengthens Alliance with MUFG Bank

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The latest update is out from Jaccs Co., Ltd. ( (JP:8584) ).

JACCS Co., Ltd. has announced a capital and business alliance agreement with MUFG Bank, aiming to strengthen its ties within the MUFG Group. This strategic move involves a capital increase through third-party allotment, enhancing JACCS’s position in the retail sector while maintaining its independence in consumer credit operations.

More about Jaccs Co., Ltd.

JACCS Co., Ltd. operates in the financial services industry, focusing on consumer credit, payment, finance, and overseas business. The company maintains a significant business alliance with Mitsubishi UFJ Financial Group, Inc. (MUFG) and its subsidiary, MUFG Bank, Ltd., which are influential shareholders.

Average Trading Volume: 119,711

Technical Sentiment Signal: Buy

Current Market Cap: Yen136.1B

For a thorough assessment of 8584 stock, go to TipRanks’ Stock Analysis page.

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